Overview
Are you worried about paying medical bills, education fees, home improvement, acquiring consumer durables, or other personal loans? Loaney has been developed to fulfil all your dreams and wants to make sure that they are not hampered due to financial constraints.
Why choose Loaney for personal loans?
Loaney is the instant approval small loan app in India where you can apply for a personal loan online in 10 minutes from the registration process to direct bank transfer. Get immediate personal loans at affordable interest rates and improve your bureau score at every repayment. We provide 24x7 online personal loan services and take minutes to approve your loan application whereas traditional banks require a long time for processing the loan application.
– Best loan app for emergency funds with no collateral required.
– Cover your personal expenses through paperless documentation and secure experience.
– Pay an outstanding bill with instant approval even if you have a low CIBIL score.
– Loaney has made the personal loan application and disbursement process more easier and convenient.
– Flexible personal loan app in India with higher transparency and security.
– Avail an instant personal loan from ₹200 to ₹20,000 at a low-interest rate.
Eligibility and required documents to avail for an instant personal loan
Loaney is a completely digital process platform that provides instant personal loans directly to your bank account. Below are the eligibility criteria for quick loan application via the loan app:
– Users should have Indian citizenship to apply for a personal loan
– A personal loan is applicable to users who have salary or income
– Borrowers age must be between 18-65 years old
– Have a bank account
All documents required for a personal loan will be verified online. We require minimum documentation for instant approval of your personal loan application, which includes:
– SELFIE
– PAN CARD
– AADHAAR CARD
Security and Privacy Policy
Loaney stores and processes the customers data with high-quality security and privacy standards. All customer data is stored in servers located in India. Loaney has partnered with Apollo Finvest India Limited, registered NBFC with RBI, to offer personal loans.
Rates and Fees
Loaney provides small personal loans ranging from ₹200 to ₹20,000 at instant approval within 2 minutes, that’s why our loan tenure is 61 days for every selected personal loan:
– Interest Rate: 36% per annum
– Processing Fee (including GST): 15%
– Minimum Period of Repayment (Minimum Tenure): 61 days
– Maximum Period of Repayment (Maximum Tenure): 61 days
Representative Example
Borrow ₹1000 for 2 months, repay with 2 payments - payment 1: ₹523, payment 2: ₹523. The processing fee of INR199 will be taken from loan capital before disbursement. Total repayable ₹1045 (based on loan tenure of 61 days). Rate of interest - 36% per annum of the outstanding capital.
How to apply for an instant online personal loan using Loaney?
Use Loaney - Instant Personal Loan App to experience new ways of borrowing methods through a completely digital process with no offline paperwork.
– Click to download and install Loaney app
– Sign up and create your account: enter personal information, confirm your mobile phone
– Submit documents online (Aadhaar Card and PAN Card)
– Select the personal loan and apply
– The application will be approved within 2 minutes
– A selected personal loan will be transferred to a bank account directly in 10 minutes
Contact Us
Any queries regarding the personal loan plan and application process, you can reach our customer support team at [email protected]