When reviewing salary components, DA frequently appears, often leaving many wondering about its full form, significance, and how it is calculated. Dearness Allowance (DA) is
Terms and condition and legal disclaimer
Finnable is a personal loan app developed by Finnable Technologies Private Limited, which is a subsidiary of Finnable Credit Private Limited, a RBI licensed NBFC.
Example of Personal Loan for Salaried Professionals
✓ Loan Amount from ₹50,000 to ₹10,00,000
✓ Repayment period (loan tenor) options vary from 6 to 60 months
✓ Annual Interest Rate (APR) is 16% to 26% (on a reducing balance basis) + processing fees of 3 to 4% on the principal loan amount
✓ For Example – a loan of ₹1,00,000 with an APR of 16% (on a reducing balance basis), repayment tenure of 12 months, processing fee of 3%. The processing fee will be ₹3,000 + ₹540 GST with monthly EMI will be ₹9,394. The total loan amount will be ₹1,03,540. Total interest payable over 12 months will be ₹9,191. Total loan repayment amount is ₹103540 + ₹9191 = ₹1,12,731 *These numbers are for representation only and the final interest rate or processing fee may vary from one borrower to another depending on his/her credit assessment.
✓ Loan Prepayment Charges: 3 to 6% charge + 18% GST on the remaining principal amount (allowed after 6 EMI payments)
Why is Finnable the best personal loan app?
Instant Loans within 48 hours: Gone are the days when you had to wait weeks & months to get a loan approved.
Completely Digital/Paperless: Finnable instant loan app offers a complete digital service to help save time as well as paper!
Security & Privacy Policy
Finnable instant loan app ensures the safety of its customers via standard security. In simple terms, we do not share personal information
with third-party apps.
Contact Us: Drop us an email: makeiteasy@finnable.com
Address: IndiQube Lakeside, 4th Floor Municipal No. 80/2 Wing A, Bellandur Village Varthur, Hobli, Bengaluru, Karnataka 560103
Responsible Lending
Finnable has partnered with RBI authorised & regulated NBFCs/Financial Institutions.
Our policies and services are fully regulated and legally compliant.
Personal loan in Ahmedabad
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Finnable is one of the fastest growing financial technology (Fintech) start-up with an NBFC license from RBI providing hassle free loans. Our mission is to make Personal loans available in less than 24 hours
Example of Personal Loan for Salaried Professionals
✓ Loan Amount from ₹50,000 to ₹10,00,000
✓ Repayment period (loan tenor) options vary from 6 to 60 months
✓ Annual Interest Rate (APR) is 16% to 26% (on a reducing balance basis) + processing fees of 3 to 4% on the principal loan amount
✓ For Example – a loan of ₹1,00,000 with an APR of 16% (on a reducing balance basis), repayment tenure of 12 months, processing fee of 3%. The processing fee will be ₹3,000 + ₹540 GST with monthly EMI will be ₹9,394. The total loan amount will be ₹1,03,540. Total interest payable over 12 months will be ₹9,191. Total loan repayment amount is ₹103540 + ₹9191 = ₹1,12,731 *These numbers are for representation only and the final interest rate or processing fee may vary from one borrower to another depending on his/her credit assessment.
✓ Loan Prepayment Charges: 3 to 6% charge + 18% GST on the remaining principal amount (allowed after 6 EMI payments)
Why is Finnable the best personal loan app?
Instant Loans within 48 hours: Gone are the days when you had to wait weeks & months to get a loan approved.
Completely Digital/Paperless: Finnable instant loan app offers a complete digital service to help save time as well as paper!
Why is Finnable the best personal loan app?
Instant Loans within 48 hours: Gone are the days when you had to wait weeks & months to get a loan approved.
Completely Digital/Paperless: Finnable instant loan app offers a complete digital service to help save time as well as paper!
CIBIL Score Not Required for Taking a Loan: Unlike other personal loan apps online, you can take a loan even without an existing CIBIL Score
No Hidden Charges: A key feature that makes Finnable one of the best loan apps available is transparency. There are no hidden charges whatsoever, making the entire process a smooth one.
Finnable instant loan app offers a wide range of EMI plans. You can also use our personal loan EMI calculator to help you choose the perfect plan.
Loan Eligibility Criteria for Salaried Individuals (No Blue-Collar Employees)
•The net in-hand salary of the individual has to be ₹25k and above in metros or ₹15k and above in tier 2 & other cities
•He/she should have worked for more than six months
•First-time borrowers need to have a Finnable score of 650
•The individual should have valid Aadhaar, Pan & Address proof
•Finnable Loan is currently available in 23 cities
How to Apply for Instant Personal Loans Online?
• Register with OTP
• Ensure that you have the documents listed on the Web/App
• Provide details of amount required, net monthly salary & any other EMIs
• Do KYC & profile setup
• Validate address with pin code verification
• Select amount & tenure
• Provide bank details
APR Charges
The APR (Annual Percentage Rate) charges differ from person to person as it considers the different products availed and the risk profile of the customer. However, it generally ranges between 16%-26%.
Security & Privacy Policy
Finnable instant loan app ensures the safety of its customers via standard security. In simple terms, we do not share personal information
with third-party apps.
Contact Us: Drop us an email: makeiteasy@finnable.com
Address: IndiQube Lakeside, 4th Floor Municipal No. 80/2 Wing A, Bellandur Village Varthur, Hobli, Bengaluru, Karnataka 560103
Responsible Lending
Finnable has partnered with RBI authorised & regulated NBFCs/Financial Institutions.
Our policies and services are fully regulated and legally compliant.
Check your Loan Eligibility in 2 min
