Eligibility Criteria for Personal Loan Online
Fibe’s loan app provides a personal loan of up to INR 5,00,000 right from the comfort of your smartphone if you meet our loan eligibility criteria. Conventional banks and lenders analyse your past credit history and several other criteria too closely to verify your credit-worthiness. With Fibe, you just need to meet four primary eligibility criteria. Make sure you qualify on this, and getting a personal loan should be easy.
1. Age: You must be at least 21 years old at the time of your personal loan application. You must not be older than 55 years.
2. Income: You must be a salaried professional and drawing a monthly salary of:
- Rs.18,000 if you live in a metro city like Delhi, Mumbai, Hyderabad, Kolkata, Bangalore or Chennai.
- Rs.15,000 If you live in non-metro cities.
3. Citizenship: You must be a resident of India
4. KYC: You must have all the KYC documents required.
Document Required For Personal Loan
Must be a Salaried-employee with in hand salary ₹ 18,000 (Metro Cities) & ₹ 15,000 for (Non-Metros)
Must Be above 21 years & Below 55 years of age
Must be a resident of India
Document Required
Pan Card
Address Proof
ID Proof
3 Month Salary Slip (PDF) - Not mandatory for all customer
What Are The Interest Rates & Tenure?
Fibe’s interest rates for opting an instant loan remain amongst the lowest in the industry.
While they are determined based on your profile and eligibility score, they can be as low as just Rs 9 / day.
This applies to all loan tenures sanctioned to you - right from 6 months to all the way up to 36 months.
Know Your EMI & Available Repayment Options
Personal Loan EMI Calculator
Skip the manual calculations. Use the Fibe EMI Calculator to accurately determine your repayment amounts, interest charges, and more.
Fibe's instant cash EMI calculator is your reliable tool to determine your loan EMI in just a few minutes and some simple steps. Fibe offers instant cash of up to Rs 5 lakhs with minimal documentation and quick processing. Coupled with interest rates as low as Rs 9/day, this is by far your most compelling credit option in the market. Calculate your monthly repayments based on your sanctioned loan amount and interest rates using this handy EMI calculator that operates and is easy to understand. With Fibe, you can even prepay your loan amount with no additional charges.
Your EMI Amount is
₹
13,107
Loan Amount
₹145,000
Min
Max
₹8,000
₹10,00,000
Interest rate
14%
12
30
Select EMI option
12 Months
3
36
Months
Months