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Apply for Instant Personal Loan

No physical documents
Instant approvals
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Personal Loan

Document Required

  • No physical Doc Required

Eligibility

  • Indian Citizen, 21+ years & Above
  • Fixed Monthly Re-Payments & Instant Approval
  • Quick Access to Lump Sum Amount
Gold Coins

Term Loans

Document Required

01
Proof of Identity
Aadhar, PAN Card
02
Proof of Address
Aadhar, Utility Bill, Bank/ Home Loan Statement, Rent Agreement
03
Proof of Income
Bank Statement, PaySlip, work Email

Eligibility

Indian Citizen
21 years of age and above
Minimum salary: ₹20,000/month
Regular salary credit to bank account
For Terms Loans only.
Loan Disbursement within 24 hrs
( * Indicative parameters)
Criteria
Bureau Score
Age
Tenure
Income-NTH
Banking Norms
ABB to EMI Ratio
Loan Amount
ROI (Per Day)
Processing Fees
Details / Parameters
650 to 900
21 years to 58 years
Upto 6 Months
20,000/-
3 Months
1
Rs 5000 to Rs 50000
0.1% to 0.15%
5 to 10% Excluding GST
CriteriaDetails / Parameters
Bureau Score650 to 900
Age21 years to 58 years
TenureUpto 6 Months
Income-NTH20,000/-
Banking Norms3 Months
ABB to EMI Ratio1
Loan AmountRs 5000 to Rs 50000
ROI (Per Day)0.1% to 0.15%
Processing Fees5 to 10% Excluding GST

Get Instant Access to Cash

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FAQs

What is an instant personal loan?

An instant personal loan provides quick access to funds through a completely digital process. You receive money directly in your bank account after online approval without visiting any branch.

How does a personal loan work?
How quickly can I receive funds from an instant personal loan?
How does RapidMoney ensure the security of my information?
What is the minimum income requirement for a personal loan?
What is the minimum income requirement for a personal loan?
Are there fees for early repayment of loans?
What is the typical repayment tenure for personal loans?
Can I apply for a personal loan jointly with my spouse?
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