Are you considering taking a personal loan from the India Lends loan app? Before applying for a personal loan, read the complete IndiaLends Personal Loan review.
This detailed review will give you all the information (FAQs) about India Lends personal loans, like loan limits, interest rates, eligibility criteria, and more.
The most important thing is whether the IndiaLends app is fake or real, whether it is RBI-approved or not, and whether it is safe to take a personal loan from it.
Here is the solution to all your doubts…
Table of Contents
Indialends Personal Loan Review
| App Name | India lends loan review |
|---|---|
| Loan Amount | Loan up to ₹70 lakh |
| Rate of interest | 10.25% to 29.99% P.A. |
| Processing Fees | 1% to 4% of the loan amount |
| Loan tenure | 6 months to 60 months |
| Credit score | 750 & above |
| Links | Web & App |
What is Indialends?
IndiaLends App is an online marketplace or platform that offers customers a range of financial products such as personal loans, business loans, credit cards, and gold loans.
To securely provide financial services to customers, IndiaLends App has partnered with over 70 RBI-approved banks and NBFCs in India and offers personalized personal loan offers as per needs.
Through the IndiaLends app, customers can avail of a personal loan from ₹10,000 to a maximum of ₹70 lakhs. The loan repayment tenure ranges from 6 months to 60 months.
IndiaLends personal loan interest rates start from 10.25% to 29.99% per annum (annual reducing rates), based on the borrower’s credit profile and the lending institution’s policies.
is IndiaLends fake or real?
IndiaLends is a real instant loan app that works as an online marketplace with over 70 RBI-approved banks and NBFC partners. It offers financial products such as personal loans, business loans, credit cards, and gold loans.
The IndiaLends app is known for its transparency and regulatory compliance in the financial services sector, making it a trusted platform for borrowers seeking different types of instant loans.
Check the Indialends app reviews, ratings, and total downloads for its reality.
- Reviews: 79.2K positive reviews
- Ratings: 3.9
- Total downloads: 50 Lakh+
is Indialends RBI registered or not?
Yes, IndiaLends is registered with RBI (Reserve Bank of India) and works with over 70 RBI-approved banks and NBFCs to provide various types of loans through its platform.
In simple words, IndiaLends is a financial marketplace that connects borrowers with lenders like banks and NBFCs (HDFC, ICICI, SBI, Kotak, IndusInd, Tata Capital, Bajaj Finserv, IDFC First, IIFL, Indiabulls, RBL Bank, DHFL, Aditya Birla Finance, American Express) that are registered with the Reserve Bank of India.
This means that IndiaLends is not directly registered with the RBI, it works with RBI-approved entities to provide loan services. Pre-qualified personal loans all-in-one platform, 100% online processing, ₹5,000 crore+ loans disbursed as per available data.
Is it safe to take a loan from IndiaLends?
Yes, it is safe to consider a personal loan from the IndiaLends app, as it has partnerships with over 70 RBI-approved banks and NBFCs. Moreover, the platform is user-friendly with minimal documentation requirements, a completely online application process, and instant loan approval.
What is the Indialends personal loan interest rate?
Indialends offers personal loans at annualized reducing interest rates ranging from 10.25% to 29.99% depending on the customer’s credit profile. The maximum personal loan amount can go up to 70 lakh as per eligibility and lenders policy.
What are the Indialends personal loan eligibility criteria?
The Indialends persona loan eligibility criteria are simple, that includes;
- Applicants should be between 18 – 21 to 60 to 65 years.
- Applicants should be Salaried or Self-employed Professionals.
- Should have a minimum credit score of 750 or above.
- The minimum monthly income required is Rs 15,000 for non-metro cities and Rs 20,000 for metro cities.
What documents are required for Indialends personal loan?
To apply for an instant personal loan and get quick approval from IndiaLends, these documents are required;
- Proof of Age & Identity.
- Proof of Residency.
- PAN & Aadhar Card
- Income Proof
- Bank Statement.
Indialends App Download & login
To download and log in to the India lends loan App, follow these steps:
- Open the Google Play Store.
- Search for “IndiaLends Instant Loan.”
- Tap “Install” to download and install the app.
- Open the India Lends app after installation.
- Register using your mobile number and verify OTP.
- Provide the required details, & complete the profile setup.
- Login to the India Lends app using your registered mobile number and the OTP received.
FAQS
is indialends safe?
Yes, India lends loan app is safe. India Lends has extremely reliable and advanced security features for user data protection. Additionally, India lends app works on your behalf with multiple RBI-registered banks and NBFCs to help you find the lowest interest rates on personal loans.
Is Indialends RBI approved?
Yes, the India Lends loan App is an online marketplace, it connects users to over 70 RBI-approved banks and non-banking financial companies (NBFCs) to provide instant personal loans.
What is the IndiaLends CIBIL Score requirement?
India lends Loan app is a marketplace. The CIBIL score requirement for India lends loan varies by lender, but you need a minimum credit score of 720 to be eligible for India lends personal loan. Additionally, you must be between 18-65 years old and have a monthly income of ₹20,000 or more to apply for a India lends personal loan.
Summary – Indialends loan review
In conclusion, the IndiaLends App is a reliable platform to apply for personal loans, an eligible borrower can avail of a personal loan amount of up to Rs.70 lakh and the best part is that the loan interest rates range from 10.25% to 29.99% per annum.
The IndiaLends loan app has partnered with 70 plus RBI-registered banks and NBFCs, ensuring a safe, secure, and transparent loan application process
With simple eligibility criteria, minimal documentation, and a 100% online application process, IndiaLends offers an efficient solution for salaried and self-employed individuals.
Whether you need a small loan or a large amount, IndiaLends can help you.
Disclaimer: Please note that this review is based on my experience and opinions, and is not financial advice or product endorsement.
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Hi everyone!
I recently needed funds urgently and came across Creditmitra, which offers quick personal loans through their instant personal loan app. I was able to apply for a personal loan online and had my loan approved within hours. The whole process was smooth, and I highly recommend it if you need personal loans in India. Has anyone else here used Creditmitra’s services? Would love to hear your experiences!