Quid: Personal Loan App

Quid Innovations Pvt. Ltd.

About this app

Quid is a lending and financial services platform (loan aggregator) where you can apply for a personal loan with RBI-registered banks and NBFCs in a few minutes. Get an instant personal loan with 100% digital experience, a high approval rate, quick sanction, and no hidden charges. Quid makes it easy for salaried, students, self-employed, and business owners to access instant credit with a seamless loan application process.

What makes Quid better than others?

• Best Loan Offers: Find the best instant loan offers through our lending partners
• Personal loan matchmaker: Find the best lending partners
• Trusted Platform: Quid works with RBI-approved banks and NBFCs only
• Credit Card: Apply for credit cards with exclusive offers and benefits
• User-Friendly: Explore loan offers easily through a user-friendly interface
• 100% Digital: Digital process with minimal documentation
• Loan Tenure: 3 - 60 months’ tenure
• Quick Approval: Get approvals in minutes, not months
• Low-Interest rates: Get the best interest rates
• Easy EMI: Flexible and convenient EMI options

More reasons to Quid:

✅ Collateral-free
✅ Safe and secure
✅ Quick sanction
✅ Best interest rates
✅ Flexible tenure
✅ High loan approval rate

Repayment timelines, APR and transparent processing fees & GST:

• Interest rates start from 1% to 3% per month, corresponding to a maximum APR of 12% to 36%*
• The repayment tenure ranges from 3 - 60 months
• Processing fees will be charged separately as applicable by the lending partner

✔️ Eligibility criteria:

• The minimum age for application is 18 - 55 years
• You must receive income in your bank account
• Personal loans for salaried, students & self-employed

Based on our integrated lenders, for example:

• Loan Amount = ₹1,50,000
• Interest rate = 13% Minimum
• Repayment Tenure = 1 year
• Processing fee of 2% = ₹3,000 + GST = ₹3,540
• Loan EMI = ₹13,398.
• The Total Interest = ₹10,771
• Loan repayment amount after 1 year = ₹1,60,771.
• The maximum Annual Percentage Rate (APR) can go up to 36%*

■ Our trusted RBI approved registered NBFC partners:

• Bhanix Finance and Investment Limited - https://bhanixfinance.com/ourpartners.html - (CIN No. U65910MH1996PLC300645)

• mPokket Financial Services Private Limited - https://www.mpokket.in/lsp-dla - (CIN No. U65999WB2019PTC233120)

📲 Contact us:

For any queries, reach us at [e-mail]