You need to provide
👉A selfie
👉PAN card
👉One government ID as address Proof (Driving License/Voter ID/Passport/Aadhaar Card)
Our Products
Online, paperless, 100% digital products and requires no physical documentation
1. Flexi Personal Loan:
Get a quick cash loan up to ₹30,000 in 5 minutes with tenure ranging from 3 months to 12 months.
2. Personal Loan for Salaried:
A personal loan up to ₹2 Lakhs with tenure ranging from 3 months to 24 months. Additionally, provide salary or Income proof and employment details.
Amount, Tenure, Fees & Charges (Product Details)
⭐️Loan Amount: ₹1,500 to ₹2,00,000
⭐️Loan Tenure: 3 months to 24 months
⭐️Interest Rate: 15.95% to 35.95% Fixed per annum on a monthly reducing principal balance
⭐️Processing Fee: 1% to 7.5% of the loan amount based on the risk profile and loan amount
⭐️APR Range: 17% to 70% based on risk profile
How to avail a loan?
👉Install the LoanFront app
👉Register using your mobile number and email-id
👉Perform KYC using any of the multiple options on the app and check your loan eligibility
👉Provide your bank account
👉Read and sign the Loan Agreement containing KFS (Key Facts Statement)
👉Receive the loan amount in your bank account
Representative Loan Example:
Loan Amount: ₹50,000
Tenure: 12 months
Interest Rate: 17.95% per annum
Processing Fee: ₹1000 (2%)
Life-Time Registration Fees: ₹250 (One-time fee for new customers)
GST on Fees: ₹225 (18%)
Disbursed Amount: ₹48,525
EMI: ₹4,583
Total Repayment: ₹4,583 X 12 = ₹54,996
Total Interest: ₹4,996
APR: 23.77%
Total Cost of the Loan: ₹54,996 – ₹48,525 = ₹6,471