Digital Loan

Traditional loan processes, with their lengthy paperwork and time-consuming procedures, have given way to a new era of borrowing that prioritizes convenience and efficiency. Digital loans have emerged as the preferred choice for individuals seeking quick access to funds without the complexities associated with traditional lending methods. This evolution in borrowing has revolutionized the way people secure financial assistance, making the process seamless, accessible, and tailored to the needs of the digital age.

Finnable’s digital loan service brings a transition in the loan-attaining process. Our seamless online digital loan platform eliminates the need for tedious paperwork and multiple visits to physical locations. With just a few clicks from the comfort of your own home or office, you can complete the entire loan application process.

But that’s not it! Finnable understands that time is of the essence when it comes to borrowing, which is why we make instant decisions on loan applications. You no longer have to endure days or even weeks of uncertainty. With Finnable, you can receive approval within a remarkably short period, allowing you to access the funds you need quickly and efficiently.

Digital loan EMI calculator

Use our Digital loan EMI calculator to get an idea of the loan amount and your monthly EMI. This is the first step to get a clarity on your loan application.

  • Loan EMI

    Rs. pm

  • Total Interest Payable


  • Total Amount Payable


Digital Loan Eligibility Criteria

At Finnable, we are committed to providing financial solutions that are accessible and tailored to individual needs. To ensure a seamless borrowing experience, we have established certain eligibility criteria for our digital personal loan offerings. These criteria are designed to ensure that borrowers can comfortably manage their loan repayments and achieve their financial goals.

To be eligible for a digital loan with Finnable, you need to meet the following criteria:

  • Age: Applicants must be between 21 and 45 years of age.
  • Minimum Monthly Income: A minimum monthly income of Rs 15,000 is required.
  • Credit Score: A credit score of 700 or above is preferred.
  • Employment History: A minimum of 6 months of job experience is necessary.

Digital Loan Interest Rate

When considering a digital loan, understanding the interest rate offered is crucial. Finnable strives to offer competitive interest rates on instant digital loans, ranging from 18% to 28%. 

The interest rate applicable for your loan may vary based on factors such as the loan amount, tenure, credit history, and individual profile. By choosing Finnable for your digital loan needs, you gain access to funds quickly while ensuring that your interest rate remains affordable and manageable.

Documents Required for Digital Loan

To apply for a digital loan with Finnable, you will need to provide the following documents:

  • Proof of Identity: Valid government-issued identification (Aadhaar card, PAN card, or passport).
  • Proof of Address: Documents verifying your current residential address (Aadhaar card, utility bills, or rental agreement).
  • Income Details: Proof of income (salary slip) to demonstrate repayment ability.
  • Employment Information: Details about your employment.

Finnable’s online platform simplifies document submission, allowing you to conveniently upload documents electronically and avoid physical paperwork for a smooth application process.

How to Apply for Digital Loan in India?

Applying for a digital personal loan with Finnable is a seamless process. Follow these simple steps to initiate your application:

  • Visit the Finnable website (www.finnable.com) or download the Finnable mobile app.
  • Create an account by providing your basic details.
  • Fill in the loan application form accurately, including the loan amount and desired tenure.
  • Upload the required documents securely through the online platform.
  • Submit your application and await approval, which typically takes 24-48 hours.

Once your application is approved, the loan amount will be disbursed directly to your bank account.

Upgrade your life!

Apply for a loan at Finnable and live limitlessly

FAQs - Digital Loan

Yes, Finnable offers instant digital loans. The online application and approval processes significantly reduce the time it takes to obtain funds compared to traditional loans.

Yes, Finnable considers applications from individuals with varying credit scores. While a higher credit score may increase your chances of approval, having a lower credit score does not disqualify you from availing an instant digital loan.

Finnable offers digital loans of up to Rs 5 lakhs, allowing you to meet a wide range of financial needs conveniently and quickly.

Yes, digital loans are exclusively available through online platforms like Finnable. The entire loan process, from application to disbursal, is conducted online, eliminating the need for physical visits to branches and paperwork.

Finnable charges a processing fee of 4% on digital loans. This fee is deducted from the loan amount at the time of disbursal.

Yes, Finnable offers flexible repayment options for digital loans. You can choose to repay your loan in monthly installments, ensuring ease and convenience in managing your finances.