Secured Loan

Get A Personal Loan Of 1 Lakh Within 24 Hours

The need for a short-term loan can arise at any given time. Instead of dipping into your savings or asking your friends or relatives for money, you can apply for a personal loan of Rs. 1 lakh from Finnable. 

Since personal loans are unsecured loans, there is no need to pledge any security or collateral against the loan. The process of availing a personal loan of Rs. 1 lakh is easy. You can apply for one through Finnable’s personal loan app. Once you apply and your documents are verified, the funds are disbursed within 24 hours. 

A shopping loan, marriage loan, education loan etc, can all be classified as a personal loan. 

 But who can avail of such a loan?

Any individual who meets all the eligibility criteria as set by Finnable can apply for a loan of up to Rs. 1 lakh. Moreover, people who have a low CIBIL score or are first-time applicants can also avail of an instant loan without a CIBIL score of Rs. 1 lakh through Finnable. 

The personal loan interest rates as set by Finnable start at 16% up to 26%. And the maximum amount you can avail of is Rs. 10 lakh.

Eligibility For Personal Loan of Rs. 1 lakh

To be eligible for an instant loan of Rs. 1 lakh, you need to:

  • Be a citizen of India
  • Be between the age of 21-45 years
  • Have a full-time job in either a government organization or private sector
  • Be working at your current organization for over 3 months with a total work experience of over 6 months
  • Receive your salary in a bank account and not in cash

Apart from the above eligibility criteria, your monthly salary should be more than Rs. 20,000/- if you live and work in a Tier- I city. If you are residing and employed in a Tier-II City, your monthly income should be more than Rs 15,000/-

How To Apply For a Rs. 1 lakh Loan?

You can apply for an instant loan of Rs. 1 lakh through Finnable’s personal loan app. It’s a 3-step process:

  • Download the personal loan app from Play Store. Create your profile by adding your personal and professional details.
  • Choose the type of loan. It can be a shopping loan, marriage loan, etc. Enter Rs. 1 lakh as the loan amount and set your repayment tenure.
  • Upload the required documents. Finnable will verify the documents and within 6 hours of verification, the funds will be credited into your bank account.

Upgrade your life!

Apply for a loan at Finnable and live limitlessly

FAQs

You can repay the loan of Rs. 1 lakh through Flexible EMIs. You can have a standard loan repayment plan or choose a Flexi repayment plan.

  • PAN card

  • Aadhar card

  • Salary slip for 1 month

  • If the salary slip is unavailable at the time of application, you can upload your bank statement for 3 months instead.

You can track your online loan application on Finnable’s personal loan app.

Once the Rs. 1 lakh personal loan EMI is set, this will be debited from your bank account directly. At the time of availing of the Rs. 1 lakh personal loan, you will need to fill an e-mandate. This e-mandate is a standing instruction given to the bank or lending institution that a certain amount will be debited as loan EMI.

Finnable’s loans are available in almost all the cities of India including Mumbai, Bangalore, Chennai, Delhi, Bhubaneshwar, Pune, Surat, Vijayawada, etc. You can apply for a personal loan through Finnable’s personal loan app.

The loan repayment tenure is the duration through which you repay the loan availed. You can have a repayment tenure on your instant loan of Rs. 1 lakh starting at 6 months. The personal loan's maximum tenure is up to 5 years.

To be eligible for an instant loan of Rs. 1 lakh, you need to:

  • Be a citizen of India

  • Be between the age of 21-45 years

  • Have a full-time job in either a government organization or private sector

  • Be working at your current organization for over 3 months with a total work experience of over 6 months

  • Receive your salary in a bank account and not in cash

Apart from the above eligibility criteria, your monthly salary should be more than Rs. 20,000/- if you live and work in a Tier- I city. If you are residing and employed in a Tier-II City, your monthly income should be more than Rs 15,000/-.

Though many lenders ask for a high CIBIL score of 750 and more, you can avail of a personal loan without a CIBIL score through Finnable. To ensure that you are approved for your instant loan with low CIBIL score, you will need to show that you have a high income and will be able to repay your personal loan of Rs. 1 lakh on time.

The different types of loans available at Finnable include:

  • Marriage loan

  • Shopping loan

  • Vehicle loan

  • Education loan

  • Travel loan

  • Home renovation loan

  • Medical loan