Personal Loan

Get up to ₹5 lakhs directly in your bank account by applying for Fibe's quick online Personal Loan. Benefit from affordable interest rates alongside instant approval. Say goodbye to lengthy waits with our easy and personalised online application journey. Experience the convenience of accessing funds smoothly through our streamlined process.

Personal Loan Online
25 Mn+
App downloads
6 Mn+
Loans given
20000+ Cr
Money disbursed
Partner tie-ups

Calculate your Personal Loan EMI

Skip the manual calculations. Use the Fibe's Personal Loan EMI Calculator to accurately determine your monthly instalments within seconds. Just enter the loan amount, tenure and interest rate. Within seconds, the calculator will determine your EMI.

Your monthly instalment:
Total interest
Principal amount
Total amount

How to apply for Personal Loan?

You can get a quick personal loan online with Fibe in super simple and quick steps.

Fibe personal loan and instant cash loan app
  • Registration

    Download the Fibe App or register on our official website and provide a few basic details to initiate the application process.

    Fibe personal loan and instant cash loan app
  • Get instant approval

    You can complete the verification by uploading some basic documents and get approval in minutes.

    Fibe personal loan and instant cash loan app
  • Funds in minutes

    Select the amount you want and the money will be transferred directly to your bank account within minutes.

    Fibe personal loan and instant cash loan app

Types of Personal Loan

Fibe personal loan and instant cash loan app

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 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 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 Loan for Electronics.

Processing Fees and Charges for Personal Loan

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.

Fee type & Charges
Personal Loan rangeUp to ₹5 lakhs
Rate of intereststarting from 16% p.a. on reducing balance basis
Processing feesstarting from 2% of loan amount plus GST
Tenure3 – 36 months
APRstarting 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 duty0.1% of the loan amount
Mandate rejection charges₹250 + GST
Pre-closure chargesNil

Benefits of Personal Loan from Fibe

Here’s a look at the benefits associated with when you avail loan from Fibe:

No restrictions on usage
No restrictions on usage
Loans can be used for any purpose like medical treatment, home renovation, etc.
Collateral-free loans
Collateral-free loans
While applying for a personal loan, you don’t need to provide any type of security
100% Digital journey
100% digital journey
No long forms or paperwork, just upload soft copies of the documents and get instant approval
Affordable interest rates
Affordable interest rates
Fibe offers attractive interest rates on personal loans, even to new credit customers
Borrow multiple times
Borrow multiple times
Repay your previous loan, anytime with 0 pre-closure charges and get the next one, the very next day
Flexible repayment
Flexible repayment
Get cash up to ₹5 lakhs & repay at a tenure ranging from 3 to 36 months
Cash in bank
Cash in bank
Get the funds directly in your bank account within less than 10 minutes of loan approval
Secure app
Secure app
With ISO 27001 certification and PCI DSS app-based journey, getting instant cash is easy and secure

Personal Loan Eligibility Criteria

Qualifying for an online loan from Fibe is pretty simple, thanks to our easy-to-meet eligibility criteria. Refer to the list to check your eligibility. If you match the eligibility criteria, you can then download Fibe’s App or log on to our website and apply for the loan in minutes.

Above 21 and below 55 years
Minimun In-Hand Salary
Minimun In-Hand Salary
Metros: ₹18,000 | Non-metros: ₹15,000
A resident of India
Check eligibility now

Documents required to avail Personal Loan

The application process to get a loan from Fibe is 100% digital and requires minimal documentation. Submitting the required documents enables us to process your loan and disburse funds faster.

Below is the list of documents that are necessary for a personal loan application:

A Selfie
A Selfie
A clear picture of yours with proper lighting
Identity Proof
Proof of Identity
Passport/Aadhaar card/ PAN card/driver's license
Address Proof
Proof of Address
Passport/rent agreement/ utility bills/voter’s ID
Proof of Income
Proof of Income
Bank statements/salary slips for the last 3 months

Choose Personal Loan by amount

FAQs on Personal Loan

You can get a personal loan instantly using the Fibe app or the official website. All you have to do is fill in a few personal details of yours and check your eligibility. After this, submit the necessary documents and enter the loan amount you wish to borrow to avail of the instant personal loan online.

A personal loan has no end-use restrictions. So, you can use a personal loan for multiple purposes. Some of these include the following:

  • Unforeseen medical emergencies
  • Vacations or last-minute trips
  • Professional courses
  • Home renovation or revamp
  • Wedding ceremonies

The minimum in-hand salary required to avail of a Fibe Instant Personal Loan is ₹15,000 if you live in non-metro cities. However, if you reside in metro cities, your minimum in-hand income must be ₹18,000. Note that these salary requirements vary from one lender to another.

You can get quick approval on your instant personal loan at Fibe by ensuring that you complete the online form accurately. Furthermore, check your eligibility and make sure you meet the lender’s parameters before applying. Then, submit the required documentation to get quick approval.

You can avail of a loan starting from ₹8,000 to ₹5 Lacs differing on your eligibility.

Here are some reasons why you must opt for a personal loan from Fibe:

  • Enjoy instant loan approval and quick disbursement of funds
  • Avail attractive interest rates and flexible repayment tenure options
  • Get an online personal loan without pledging any asset as security
  • Enjoy the option of availing credit multiple times
  • Use the borrowed amount as you wish without any restrictions on end usage
  • Avail flexible loan amounts starting from ₹5,000 to ₹5 lacs according to your needs
  • Enjoy a 100% digitised loan application process that allows you to avail instant cash by filling in just a few details

The interest rate can vary depending on the loan amount availed by you, the repayment tenure and your credit score. If you are new to credit, then the credit score will not be a factor to calculate the interest rate.

You can avail of a loan for a flexible tenure which starts from 3 months and goes up to 24 months.

Fibe refers to scores assigned by various credit agencies and considers the best of these scores to assess your creditworthiness. Fibe also offers loans to those who are taking credit for the first time and don’t yet have such a score.

Yes, at Fibe you can foreclose your loan online before the repayment tenure ends with zero prepayment or foreclosure charges.

You can repay your loan in affordable instalments through the Fibe app with several payment methods or by setting an ECS mandate for auto debit from your bank account.

No, there is no need to provide security or collateral when availing of an instant loan from Fibe.

A personal loan is a financial offering provided by banks and NBFCs that does not require you to pledge collateral or assets. You can avail these loans easily as they need minimal documentation and are offered for a short tenure.

For example, you can apply for a loan online through Fibe, a digital lending company and get funds at attractive interest rates with instant approval.

To apply for a personal loan, you have to sign up online with a financial platform, submit your profile details and KYC documents, and choose a loan amount and tenure. After this, you will get the amount for shopping disbursed securely into your bank account in a paperless manner.

A personal loan allows flexible usage of funds for shopping purposes while offering easy eligibility, quick disbursal, and structured repayments to suit individual financial needs and convenience.

Personal loans are unsecured financial offerings of credit as a lump sum. Once you avail of these loans, you are required to repay the borrowed amount along with interest within a stipulated tenure in equal monthly instalments.
For instance, when you opt for a Fibe instant personal loan, you can borrow up to ₹5 lacs and repay the loan between 3 to 36 months.

At Fibe, you can repay your instant personal loan at flexible tenures starting from 3 and 36 months.

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Here's what our customers think of us!

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Instant loan in minutes
I would like to thank Fibe (EarlySalary), few days back I met with an accident and I didn’t have much money to pay in one go. So, I took an instant cash advance from Fibe (EarlySalary). They helped me to clear all the medical bills in just 10 mins!
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Subham Pawar

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Quick and easy
The overall experience with Fibe was really good. I applied for an online personal loan and the service was very quick. The entire process was fast and smooth, and the loan was sanctioned without any hassles.
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Shilpi Mukherjee