How to take loan from Fibe App: Get personal loan up to Rs 5 lakh instantly
In this blog post we will know how you can take loan from Fibe App. In this blog post we will look at the features, benefits, interest rate, eligibility and documents of Fibe Loan App as well as how to apply for it. Therefore read today’s blog post till the end.
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Just as you can take a loan from Fibe Loan App, in the same way you will get to see many online loan apps on Google Play Store. There are many such apps available on Google Play Store which provide you business loan. Through these loan apps, you can fulfill your needs by taking a personal loan.
Fibe Loan App Details
| Application Name | Fibe Instant Personal Loan App |
| Age | 21 to 55 Years |
| Loan Type | Instant Personal Loan |
| How much credit limit will I get? | From ₹5,000 to ₹5,00,000 |
| Documents | Photos, PAN Card, Aadhar Card |
Fibe Loan App Details
What is Fibe Loan App?
Fibe Loan App is an online loan providing loan application. Fibe App has been downloaded by many people in their phones. Fibe Loan App has given loans to lakhs of people and apart from this, it has also partnered with many finance companies on this platform so that it can provide better banking facilities.
Types of Personal Loan
- Loan for Wedding : Plan your dream wedding with Fibe’s Wedding Loan.
- Loan for Travel : Give in to wanderlust with our Travel Loan.
- Loan for Home Renovation : Give your home a makeover with our Personal Loan
- Vehicle Loan : Get yourself a brand-new set of wheels with our Auto Loans.
- Loan for Education : Fulfil your various educational needs with our Personal Loan for Education.
- Medical Loan : Get the quality healthcare you deserve with our loan for Medical Emergencies.
- Consumer Durable Loan : Bring home best-in-class electronics with our Personal Loan for Electronics.
Personal Loan Fees and Charges
Our online personal loan interest rates apply only for the number of days you use the loan amount. We don’t levy any pre-closure fees and there are no annual charges or renewal fees. Additionally, we have no hidden fees. All these features make us an affordable and reliable provider amongst others.
Here’s our detailed fee structure.
| Personal Loan range | ₹8,000 to ₹5 lakhs |
| Rate of interest | starting from 16% p.a. on reducing balance basis |
| Processing fees | starting from 2% of loan amount plus GST |
| Tenure | 3 – 36 months |
| APR | starting from 18% |
| Bounce charges | ₹500 + GST |
| Late payment charges | ₹500 + GST or 3% of the loan amount, whichever is higher as per the overdue amount |
| Stamp duty | 0.1% of the loan amount |
| Mandate rejection charges | ₹250 + GST |
| Pre-closure charges | Nil |
How to take loan from Fibe App?
To take loan from Fibe Loan App, follow the following steps given below
- To take a loan from Fibe App, first of all you have to go to Google Play Store and download and install Fibe Loan Application.
- After this, open the Fibe app, here some permissions will be asked, allow them all.
- After this you have to enter your mobile number and then click on Next.
- Now click on CASH Loan Option from the homepage of the app.
- After this, a new page will appear in front of you where you have to fill your personal, professional and address information and then click on Proceed Option.
- After this you have to upload your bank statement.
- After this, select the bank account to upload your bank statement and then verify it with OTP by entering your customer ID and user ID.
- After this you will be provided a credit limit as per your banking history.
- Now complete your online E-KYC to get the credit limit received by you in your bank account.
- After this, verify your Aadhar card number by entering the share code and OTP and then click on Next.
- After this, connect your bank account to Auto Nache where you have to link your debit card or Internet Banking.
- After this your loan goes under review, after which wait for 10 minutes.
- After this, open the app, here you will get the credit limit, now you can transfer this limit to your bank account.
Eligibility Criteria for taking loan from Fibe App
The following eligibility is required to take loan from Fibe App
- To take a loan from Fibe App, your age should be between 21 to 55 years.
- You must be an Indian citizen.
- You must be a salaried person i.e. you must have a job.
- Your In Hand Salary should be ₹ 18000 (Metro Cities) and ₹ 15000 (Non Metros).
- There is a facility to take many types of loans on Fibe Loan App, such as: Pay Later Loan, Travel Loan, Education Loan, Shopping Loan, Instant Cash Loan etc.
Required Documents to take loan from Fibe App
To take a loan from Fibe App, you will need the following documents
- Photos
- Identity proof like: Passport/Aadhar Card/PAN Card/Driving License
- Address Proof like: Passport/Rent Agreement/Utility Bill/Voter ID
- Bank statements and pay stubs etc. of last 3 to 6 months.
How much loan is available from Fibe App?
You can get a loan ranging from ₹ 5,000 to ₹ 5,00,000 from Fibe Personal Loan App with the help of Fibe Loan App.
If you are not able to meet your needs with the loan amount taken from Fibe Loan App, then you can also use other loan giving apps and get a personal loan. You can also get loan from Finnable App and loan from PhonePe App. You will get information about these loan apps on our blog.
Interest rate for taking loan from Fibe App
Loans taken from Fibe App are available at interest rates ranging from 2% to 74% per annum. The interest rate depends on the loan amount. Apart from this, if the applicant has a good CIBIL score then he can get the loan at a lower interest rate.
Loan Tenure in Fibe App
The loan taken from Fibe Personal Loan App can be repaid within the tenure ranging from 3 months to 36 months.
Benefits of taking loan from Fibe App (Loan Benefits)
Following are the benefits of taking loan from Fibe App
- By taking a loan from Fibe App, you do not have to face any paperwork, here you get the loan online.
- Loan from this app is given to you at attractive interest rates after instant processing.
- Fibe Loan App does not charge any prepayment charges.
- You can transfer the loan amount directly to the bank account. Here the loan amount is transferred to the bank account 10 minutes after the loan is approved.
- Through this app, a loan of ₹ 5000 to ₹ 50000 can be taken even if your CIBIL score is low.
- To get a personal loan through Fibe Loan App, one does not have to fill any long form, there is no paperwork involved.
- To take a loan, you just have to provide some of your information digitally and you can easily get a cash loan.
- You can easily apply for Repeat Loan at any time.
- If you need a loan again after taking the loan, then you can easily get the loan.
Fibe Loan App Customer Support
Telephone: 020-67639797
Email: [email protected]
FAQ’s-Fibe App related questions and answers
Let us know some questions and their answers related to Fibe Person Loan App –
Q.1- How much loan is available from Fibe App?
Ans- You can get a loan ranging from ₹ 5,000 to ₹ 5,00,000 from Fibe Personal Loan App with the help of Fibe Loan App.
Q.2- What is the interest rate in Fibe App?
Ans- Loans taken from Fibe App are available at interest rates ranging from 2% to 74% per annum. The interest rate depends on the loan amount. Apart from this, if the applicant has a good CIBIL score then he can get the loan at a lower interest rate.
Q.3- How much time is available to repay the loan in Fibe App?
Ans- The loan taken from Fibe Personal Loan App can be repaid within the tenure ranging from 3 months to 36 months.
Q.4- What is the age required to take loan from Fibe App?
Ans- To take loan from Fibe App, your age should be between 21 years to 55 years.