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Finnable Personal Loan - Interest rates from 16%

Finnable is one of the leading lenders offering personal loan to Indian customers. Get money transferred in your account in just 48 hours.

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Finnable Personal Loan

Finnable is one of the fastest growing NBFCs in India offering personal loans upto Rs. 10 Lakhs to salaried customers. Finnable follows a simple, hassle-free, and completely paperless personal loan processing. All you need is a good track record of employment in order to be eligible for the personal loan. Finnable disburses your personal loans within 24 hours of application completion.

Features of Finnable Personal Loan

  • Completely Paperless: Finnable follows a instant digital loan application process which means completely paperless
  • Flexible tenure: Finnable’s personal loans come with a flexible tenure of 1-5 years
  • Salaried and Self-employed: Finnable offers personal loans to both salaried and self-employed professionals
  • Loan upto Rs. 10 Lakhs: Finnable offers personal loan from Rs. 50000 to Rs. 10 lakhs at interest rates beginning 16.99%
  • Flexible repayment tenure: Repay at your convenience at tenure between 6 months – 60 months
  • 100% Transparent: No Hidden Fees – they don’t have any hidden charges
  • Personal loan Assistant: Get assistance from personal loan assistant by mailing at makeiteasy@finnable.com for any support.
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Eligibility criteria for Personal Loan at Finnable

  • Loans for salaried employee with a net salary of Rs. 15000 and above for tier 2 emlployees and Rs. 20000 for tier 1 town employees
  • Must be a resident of India
  • Work experience of 1 year atleast with six months atleast with current employer
  • First time borrowers with a Finnable score of atleast 700
  • Age limit from 21-60 years

Charges in a personal loan at Finnable

Interest ratesFrom 16% to 26% 
Loan amountRs. 50000 to Rs. 10 Lakhs
TenureUpto 5 years
Processing Fee3% to 4% on the principal loan amount
Prepayment charges3% to 4% on the remaining principal loan amount

Documents required for Finnable Personal Loan

  • ID proof (copy of voter ID card, driving licence, passport, or Aadhaar card)
  • Address proof (copies of passport, voter ID, driving licence, or Aadhaar)
  • A bank statement for the last three months or bank Passbook for the previous 6 months
  • Recent  Form 16, the last 2 months’ salary slips, and present salary certificate

How to Apply for an Finnable Personal Loan?

  • Visit https://www.fincover.com/banking/loan/personal/ and select Finnable
  • Enter all the required information as requested and Submit your personal loan application
  • Check if your personal loan is approved with the reference no provided
  • If approved and verified, the loan will disbursed in few days
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FAQs
What is the minimum and maximum amount of personal loan I can get from Finnable?
Finnable sanctions personal loan from a Minimum Rs. 50000 to maximum Rs. 10 Lakhs
Do I need to provide collateral to get personal loan?
No, there is no need to provide a collateral for a Personal Loan
What can personal loan from Finnable are used for?
Unlike other loan, there are no end-usage restrictions for personal loans. You can use the Personal Loan for a variety of purposes like house renovation, educational fees, marriage expenses, and medical emergencies.
Is security required for Personal loan at Finnable?
No, there is no security or collateral required for personal loan