fbpx

438 people have applied in the last 24 hours

551 people have applied today
Travel loan

Paperless Loan

In today's fast-paced world, time is of the essence, and endless paperwork at banks for urgent loans can be a frustrating experience. This is where Finnable's paperless personal loans come in as a stress-free solution. With minimal document verification, you can fill out a few details and get your loan without any collateral or risks involved.

The best part is that you can receive your loan almost instantly, as the whole process is online and completely paperless. Say goodbye to the headache of traditional loan application processes and welcome the ease of Finnable's paperless loan solution.

read more

Paperless Personal Loan EMI Calculator

INR
%
  • Loan EMI

    Rs. pm

  • Total Interest Payable

    Rs

  • Total Amount Payable

    Rs

How to Get Instant Paperless Personal Loans?

Getting a loan quickly and without any paperwork used to be a distant dream for many. But with the advent of technology, things have changed. With Finnable you can get the amazing benefits of an instant paperless loan with minimal documentation such as:

  • Quick and easy process: With Finnable, you can get your loan money without the hassle of any paperwork. The entire process is online and takes only a few minutes to complete.
  • Fast disbursal of funds: Finnable understands the importance of time and ensures that the instant paperless loan amount is credited to your account in as little as 48 hours.
  • State-of-the-art online system: Finnable’s state-of-the-art online system ensures that the loan application process is smooth and hassle-free. All you need to do is download the Finnable app and upload the required documents online.
  • Minimal documentation: Unlike traditional banks, Finnable requires minimal documentation to process your loan application. This makes the process faster and more convenient for you.

Here is a step-by-step guide to getting instant paperless personal loans with Finnable:

 

  1. Download the Finnable app from the Play Store or App Store.
  2. Register and fill in your personal and financial details.
  3. Upload the required documents online for verification.
  4. Finnable will verify the documents within a minimal time frame.
  5. Once the verification is complete, you will receive an instant approval and the loan amount will be disbursed to your account in as little as 48 hours.

Know the Interest Rate & Charges for Paperless Loans?

Finnable offers competitive loan rates for its online paperless loans in a market where the loan rate can be anywhere between 18% to 28% per annum. Finnable’s interest rates for paperless personal loans starts at as low as 18% per annum. Apart from that, the app will charge a minimal 4% processing fee on your loan. The amount gets deducted from your loan money at the time of disbursal.

Eligibility for Paperless Personal Loan

Finnable paperless personal loans are made keeping salaried individuals in mind. Finnable’s eligibility criteria for paperless personal loans are-

– Age: Finnable offers instant paperless personal loans to an age group of 21-45 years.

– Minimum income: The minimum income to be eligible for a paperless personal loan is 15000 INR/month. 

– Service continuity: Finnable requires a service continuity of 6 months for an individual. If you have changed your employer, your service continuity with your current employer should be a minimum of 6 months to be eligible for an instant paperless personal loan.

– Citizenship: The applicant must be a citizen of India. 

– Credit score: Finnable requires a credit score of 700 and above for paperless personal loans.

How to Apply for a Loan Online without Paperwork?

Are you tired of going through the trouble of paperwork to apply for a personal loan? With Finnable, you can apply for the best paperless personal loan quickly and easily. Here’s how:

Step 1: Download the Finnable App: For a paperless loan apply online, the first step is to download the Finnable app from the Play Store.

Step 2: Create your Profile: Once you’ve downloaded the app, create your profile by filling in your personal and professional details.

Step 3: Check Loan Eligibility: Before applying for the loan, check your eligibility and interest rate through the app. Finnable ensures complete transparency in the loan application process.

Step 4: Choose the Type of Loan and Loan Amount: Choose the type of loan you need and the amount you wish to borrow. In this case, select a personal loan and enter the desired amount.

Step 5: Upload Necessary Documents: To complete the application process, upload the required documents for verification. Finnable requires only four documents for verification which include: 

– Identity proof: It can be your voter ID card, driving license, passport, or Aadhaar card. 

– Address proof: A copy of your passport, driving license, voter ID, or Aadhaar card can be uploaded as your address proof.

– Bank statement: You will need the last three months of your bank statement. If you do not have that, your updated passbook for the last 6 months will also work.

– Salary slip: You will need the salary slip of your last two months with your current employer to be eligible for the loan. You will also need a current-dated salary certificate to get your verification done for your best paperless personal loan.

Step 6: Get Approval and Disbursal: Once your application is verified, you will receive an approval within six hours, and the loan amount will be disbursed directly to your bank account.

Paperless Personal Loan features

Finnable Customers
886 people have applied for loan in the last 24 hours
5/5
5000 people have rated this loan as the best product
Apply for Loan with lower EMI

Low EMI's

Enjoy lower EMI’s with interest charged on reducing balance method. As opposed to Flat rate of interest, Reducing balance ensures EMI amount remains low.

Personal Loan Assistant

Get loans quickly

Apply for a personal loan in a few clicks by submitting only a few basic documents and get the loan money transferred in your account as quickly as 2 hours. The entire process is 100% digital.

High Loan Amount

High Loan Amount

Apply for personal loans with minimum documentation and get high loan amounts of upto Rs.10 Lakhs. The loan tenure can be anywhere between 60 months.

Get rewards

Personal loan Assistant

Please write to your personal loan assistant at makeiteasy@finnable.com for any support. We aim to provide you a seamless and hassle-free experience.

Get rewards

Low EMI's

Enjoy lower EMI’s with interest charged on reducing balance method. As opposed to Flat rate of interest, Reducing balance ensures EMI amount remains low.

Instant Personal Loan

Get loans quickly

Apply for a personal loan in a few clicks by submitting only a few basic documents and get the loan money transferred in your account as quickly as 2 hours. The entire process is 100% digital.

High Loan Amount

High Loan Amount

Apply for personal loans with minimum documentation and get high loan amounts of upto Rs.10 Lakhs. The loan tenure can be anywhere between 6 and 60 months.

Personal Loan Assistant

Personal loan Assistant

Please write to your personal loan assistant at makeiteasy@finnable.com for any support. We aim to provide you a seamless and hassle-free experience.
Finnable Customers
995 people have applied for loan in the last 24 hour
5/5
Over 5000 customers have rated us 5 stars in Play store

Personal loans can be used for multiple purposes- to fulfil your desires or meet urgent financial needs. This is why we bring you a range of products to suit your needs and desires.

Learn with Finnable

FAQs About Paperless Personal Loan

The interest rate on a paperless personal loan can vary depending on the lender, your credit score, and other factors. At Finnable the interest rates on personal loans starts from 18 percent p.a.

With Finnable, you can get up to Rs. 500,000 on a maximum loan term of 3 years. You can check for your eligibility for a salaried loan easily through the Finnable mobile app.

It is completely safe to use Finnable. Finnable puts the utmost priority on security and privacy. The app uses top-notch encryption technology to safeguard the data of its customers. Finnable will never share your data with any third party without your consent.

To apply for a paperless personal loan, you can go to Finnable’s website or download the app and select the loan type you want, you will be asked to provide information about your income, employment, and credit history, and may be required to upload some documents online for verification. Once the loan is approved the money will be transferred to your bank account within 6 hours.

If you miss a payment on your paperless personal loan, you may be charged a late payment fee, and it can negatively impact your credit score.

The time it takes to get approval for a paperless personal loan can vary depending on the lender and their verification process. At Finnable we offer instant approvals, once your documents are verified the loan will be approved within 48 hours.