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.
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.
You can get a quick personal loan online with Fibe in super simple and quick steps.
Download the Fibe App or register on our official website and provide a few basic details to initiate the application process.
You can complete the verification by uploading some basic documents and get approval in minutes.
Select the amount you want and the money will be transferred directly to your bank account within minutes.
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 | |
|---|---|
| Loan amount | Up to ₹5 lakhs |
| Rate of interest | Starting from 18% per annum on reducing balance basi |
| Processing fee | Starting from 2% of the loan amount plus GST |
| Tenure | 6 - 36 months |
| APR | Starting from 18% |
| Bounce Charges | ₹500 |
| Stamp duty | 0.1% of the loan amount |
| Mandate rejection charges | ₹250 plus GST |
| Pre-closure charges | Nil |
| Late Payment Charges | ₹ 500 or 3% of overdue whichever is higher plus applicable taxes |
| Penal charges | Up to 30% per annum on overdue amount |
Here’s a look at the benefits associated with when you avail loan from Fibe:
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.
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:
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:
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:
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.
Ever heard of a ‘Money Mule’ scam? It’s when scammers trick people into using their bank accounts to move money for illegal activities — often without them realising it. The Reserve Bank of India (RBI), through its campaign RBI Kehta Hai, wants to make sure you stay informed and protected from such financial traps. What’s …
Continue reading “RBI Kehta Hai: Protect Yourself from Money Mule Scams!”
When it comes to buying a smart TV, price may be one of the first things on your mind. However, you should also look at audio-visual specifications, size, resolution and more before making a final decision. Upgrading to a smart TV is now a must as all the devices are becoming smart in this digital …
Continue reading “How to Own One of the Best Smart TVs in India”
Changing the interior design of your house or maintaining your property can be a big expense. With everyday expenses, saving money for home improvement can take a long time. In this case, a personal loan for interior decoration can help you upgrade your home décor and make it as luxurious as you like without delay. …
Continue reading “Know How To Bring Interior Design Ideas To Life With Personal Loans”
Download the Fibe App the cool new vibe to finance to avail of the loan in just a few clicks from anywhere
Subham Pawar
Shilpi Mukherjee
