Avail Rs. 5 Lakh Personal Loan Now

Apply for a ₹5 lakh personal loan from Fibe in just 2 minutes.

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Need ₹5 Lakh Personal Loan Immediately? Apply Here

There may be a need for cash at any time or location. A convenient and hassle-free borrowing experience is offered by Fibe Instant Personal Loan, which is intended to meet a range of emergencies. Fibe offers hassle-free ₹5 lakh loan approval in as little as 2 minutes. For any urgent financial need—a medical emergency, home renovation, or improving your professional skills—we provide tailored solutions to make sure they are satisfied as soon as possible. With all of your credit needs, our immediate ₹5 lakh loan is designed to be your dependable financial partner.

Applying for a ₹5 lakh personal loan from the comfort of your home is quite easy with our 100% digital application process. There is only a simple online application with little documentation, replacing the extensive paperwork and laborious procedures. In only two minutes, Fibe's instant approval process makes sure that you will receive the funds in your bank account without any needless delays.

Fibe Loans offers ₹5 lakh loans that effectively address a range of urgent financial requirements. Thanks to the flexibility of our loan options, you may select a payback period between 3 months to 36 months, depending on your needs and budget, making the process stress-free.

Fibe is all you need if you require a ₹5 lakh loan immediately. Apply online right now for a quick, easy loan process that puts your financial security first. We are here to assist in bridging the gap between your desired outcome and your financial requirements.

Fees and Charges on a ₹5 Lakh Instant Loan

Choose Fibe for your ₹5 lakh personal loan and you can expect straightforward and low costs. With peace of mind throughout the duration of your loan, our customer-centric approach guarantees that you are aware of any charges upfront

Fee type & Charges
Rate of InterestStarting from 16% p.a. on a reduced balance basis
Processing FeeStarting from 2% of the loan amount plus GST
Tenure3 to 36 months
APRStarting from 18%
Bounce Charges₹500 plus GST
Late Payment Charges₹500 plus GST or 3% of the total loan amount, whichever is higher as per the overdue amount
Stamp Duty0.1% of the loan amount
Mandate Rejection Chrages₹250 plus GST
Pre-Closure ChargesNil

Calculate Your Monthly EMI for ₹5 Lakh Personal Loan

Make efficient use of our easy EMI calculator while planning your monthly spending. To obtain an instantaneous breakdown of your EMIs, just enter the amount of your loan and its tenure.

5,00,000
14
12
Your monthly instalment:
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Total interest
0
Principal amount
5,00,000
Total amount
0

Eligibility and Documents Required for ₹5 Lakh Loan

When applying for a loan, you must fulfil the requirements set forth by the lenders or financial institutions in order to satisfy your urgent financial needs. Fibe's simple qualifying requirements guarantee an application process that is clear-cut and user-friendly. This is a thorough guide explaining the requirements for eligibility and supporting documentation for obtaining a personal loan of ₹5 lakh:

Eligibility Criteria

You must be between the ages of 21 to 55 years.

A minimum monthly in-hand income of ₹15,000 in non-metro cities and ₹18,000 in metro cities is required.

You must be a resident of India.

Documents Required

A Selfie: Your picture in good lighting.

PAN Card: Important document for identity verification.

Aadhaar Card: Ensures the legality of your application.

Salary Slips (last 3 months) or Bank Statements (last 6 months): Shows your financial stability.

Minimum CIBIL score required to get an Instant ₹5 lakh loan

Your CIBIL score is an important factor when applying for a loan from banking institution. A lot of lenders and other financial institutions thoroughly investigate and check your financial history to reduce their risk. Fibe relies on different parameters like your repayment history to determine your creditworthiness. You can apply for a loan with Fibe even if you are ‘new to credit’

Easy steps to apply for ₹5 lakh loan

Our easy-to-use and quick application process makes it simple to apply for a ₹5 lakh loan with Fibe. Get the money you require by following these simple steps:

Get ₹5 lakh personal loan now!

One-stop solutions for all your credit needs

Why choose Fibe for Instant Personal Loans?

Explore the myriad advantages offered by Fibe's loan solutions:

Choose Personal Loan by amount

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Frequently Asked Questions

Yes, you can use your PAN or Aadhaar card to apply for the loan. Make use of these materials to easily finish your application.

A high credit score increases the likelihood of receiving immediate approvals. Fibe even offers services for those who are “New To Credit.”

Once the application process is completed, you get instant approval. Fibe disburses the money within 2 minutes directly to your bank account.

Generally, the rates differ from one lender to another. At Fibe, you enjoy lucrative rates starting from 2% per month.

You can apply for a loan of ₹5 lakh through Fibe’s official website or the app. Complete the application process with a few documents and get instant approval.

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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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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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