Finnable Loan App Download Free for Android 2023 (Personal Loan App)

Finnable Loan App is one of the fastest-growing instant personal loan apps for salaried professionals with presence in more than 60 cities. As a fintech NBFC licensed by RBI, our mission is to make personal loans available in less than 30 minutes. Avail online personal loans starting from ₹50000 to ₹ 10,00,000, as per your approved credit. Once approved, the amount gets directly transferred into your bank account within minutes.

Finnable Loan App Download Free for Android 2023 (Personal Loan App)

Features of the Finnable Personal Loan App:

Finnable Loan App is a user-friendly instant personal loan app offering useful features, that includes.

✅Personal Loan with Low Credit Score: Our personal loan app helps those who have a low credit score avail personal loans without any hassles.

✅ 100% Digital: Finnable saves the hassle of producing and maintaining different paperwork as the entire process is 100% digital.

✅ Flexible EMI: The personal loan app gives the flexibility to choose an EMI that clients feel is the best option for them.

✅ No Hidden Charges: One of the key highlights that makes Finnable the best loan app as is its transparent processes. There are no hidden charges whatsoever.

✅ No Collateral required: This is one of the few online loan apps that can be used to apply for and avail personal loans without having to produce any collateral.

✅ Example:

Personal Loan – ₹1,00,000

Interest rate – 16%*(on a reducing balance basis)

Repayment Tenure – 12 months

processing fee of 3% + GST

Final processing fee – ₹3,000 + ₹540

Total personal loan amount – ₹1,03,540

Amount disbursed – ₹1,00,000

Monthly EMI = ₹9,394

Total interest = ₹9,191

APR – 21.97%

Total Repayment amount – ₹1,12,731

*These numbers are for representation and the final interest rate/fees may vary from one borrower to another depending on his/her credit assessment.

Moreover, Finnable Loan App is an instant paperless personal loan app, meaning you can apply for and get a personal loan without worrying about excessive documentation.

Minimum period for repayment – 6 months

Maximum period for repayment – 60 months

Maximum Annual Percentage Rate (APR) – 27.6%

Eligibility: Personal Loan for Salaried

Finnable Loan App is considered the best loan app for salaried people because of these minimal eligibility conditions:

✅ The personal loan borrower should be an Indian resident

✅ The net in-hand salary of the personal loan borrower has to be ₹25k and above in metros or ₹15k and above in tier 2 and other cities

✅ He/she should be employed full-time in a private or government sector job

✅ The personal loan borrower should have worked for more than six months and receives salary in a bank account

✅ Must have 1 month salary receipts

✅ Must have Aadhaar & Pan card

Responsible Lending – Finnable Loan App instant personal loan app has partnered with RBI-regulated NBFCs/Financial Institutions. Our policies and services are fully regulated and legally compliant.

Our Lending partners

Finnable Credit Private Limited

DMI Finance Pvt Ltd

Security & Privacy Policy

Finnable ensures the safety of its customers via standard security. In simple terms, we do not share personal information with third-party apps. Our personal loan app requires the following permissions to function optimally:

SMS – Your SMS data is used to improve the App functionality, Fraud prevention, Security, and Compliance

Location – Required to verify your current address for the personal loan application

Camera & Media Access – Required to enable uploading of documents like Aadhaar/PAN for your personal loan application

Read Device Info – Required to link your phone’s unique ID (IMEI) to your loan application for security reasons.