Short Term Loan Online With Fibe

A short-term loan is a quick way to get cash for all your life’s instant upgrades or to cover unexpected expenses. Get up to ₹5 lakhs in 2 mins, designed to be repaid within a year and offer fast access to funds when you need them most.

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Fibe personal loan and instant cash loan app

What is a Short Term Personal Loan?

A short-term personal loan is like a financial pit stop — the money you borrow to cover immediate needs, with a plan to pay it back relatively quickly, usually within a year or two. Think of it as a lifeline when you have to pay a heavy car repair bill, an urgent medical expense or even a sudden vacation. Short term loans are typically smaller in size compared to long-term loans, making them easier to manage and repay without committing to years of debt.

One of the perks is speed. You can get approved and receive cash quickly, which is handy when time is of the essence. However, they can come with higher interest rates compared to long-term loans, reflecting the shorter repayment period and higher risk for the lender. It's crucial to read the terms carefully and ensure you can comfortably make the repayments on time.

Short-term personal loans also vary widely depending on the lender, so shopping around for the best rates and terms is smart. Some may require collateral, while others might be based on your credit score and income alone. They're designed to be flexible, offering a quick fix without locking you into a long financial commitment. Just remember, while they can be a convenient solution, borrowing responsibly and understanding the terms are key to avoiding unnecessary stress down the road.

How can Short Term Loan help you?

A short-term loan can provide crucial financial relief in various situations. For instance, it can cover unexpected medical bills, urgent car repairs, or home maintenance costs that cannot wait until your next paycheck. It's also useful for bridging temporary gaps in cash flow, such as covering business expenses before a client payment arrives. Moreover, it can be instrumental in seizing time-sensitive opportunities, like purchasing discounted inventory for a small business. Overall, a well-managed short-term loan offers flexibility and peace of mind, ensuring you can address immediate financial needs without disrupting your long-term financial stability.

Home Expenses
Medical Expenses
Travel Expenses
Upgrade Gadgets
Utility Bills

Features and benefits of short term personal loan

Here's a look at the benefits associated with Fibe’s loan:

No restrictions on usage

No restrictions on usage:

Use your short term loan instantly for any purpose

Borrow multiple times

Borrow multiple times:

Repay your previous loan and get the next one the very next day

Collateral-free loans:

Collateral-free loans:

No need to provide any security when applying for a short term loan.

Zero Foreclosure Charges

Zero Foreclosure Charges:

Close your loan anytime without any penalty.

Flexible repayment

Flexible repayment:

Repay over flexible tenures ranging from 3 to 36 months.

Fully digital journey

Fully digital journey:

No long forms, no paperwork—just fill in some details online and get instant cash.

Minimal documentation

Minimal documentation:

Submit basic documents for a short term personal loan and get instant approval

Cash in bank

Cash in bank:

Receive funds directly in your bank account within less than 10 minutes of loan approval.

Affordable interest rates

Affordable interest rates:

Fibe offers low-interest personal loans, even to new credit customers.

Secure application and disbursal

Secure application and disbursal:

Our PCI DSS app-based journey makes getting instant cash easy and secure.

Fibe personal loan and short term loan

Why Choose Short Term Loan from Fibe?

Enjoy the exclusive benefits of Fibe's loan services:
  • Get instant personal loans with no usage restrictions. Whether for medical emergencies, spontaneous travel, or investing in new skills, Fibe meets all your credit needs.
  • Enjoy a seamless digital experience with no tedious paperwork. Just enter your details online and receive immediate cash.
  • Flexible repayment periods from 3 to 36 months, with minimal documentation for swift approval.
  • Attractive interest rates, even for new credit customers and the option to borrow again the day after repaying a loan.
  • No pre-closure charges, so you can settle your loan anytime without penalties.
  • Loan amount up to ₹5 lakhs in just 2 minutes directly in your bank account.
  • Trust in Fibe's secure application and disbursement process with PCI DSS app-based platform and ISO/IEC 27001 certification.

How To Apply for Short Term Personal Loan?

Here a step-by-step guide to apply for a short-term personal loan:

  • Online Application

    Fill out the form conveniently from home.

  • Documents

    Provide basic KYC documents to proceed.

  • Quick Approval

    Get immediate approval after your application is reviewed.

  • Quick Fund Transfer

    Money gets deposited in your bank account within 2 minutes.

Eligibility & Documents Required for Short Term Personal Loan

Qualifying for a quick short term loan in India with Fibe is super easy! No complications, no hassles — just straightforward access to the funds you need for your upgrades.

Eligibility Criteria

Here is a simple breakdown of how you can qualify:


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

Here’s list of required documents for your short term loan application:


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.

To get a short term loan instantly with Fibe, our 100% digital application makes it easy with minimal documentation. Simply submit the necessary documents and we’ll process your short term person loan quickly for faster fund disbursement. 

Calculate Short Term Loan EMI

Effectively manage your finances with the assistance of the Fibe EMI calculator. This tool is designed to help you project your monthly repayments for a personal loan of ₹4 lakh.

Your monthly instalment:
Total interest
Principal amount
Total amount

How Do Short-Term Loans Work?
Short-term loans are quick, small loans that you repay within a year, often in just a few weeks or months. You borrow a set amount and agree to pay it back with interest.

Frequently Asked Questions

For short-term needs, personal loans are often the best option due to their quick approval process and flexibility. Instant cash loans and short-term installment loans can also be considered but they typically come with higher interest rates. Credit cards and lines of credit can be useful for very short-term needs if you can pay them off quickly to avoid high-interest charges.

The loan amount for a short-term loan varies based on the lender and the borrower’s creditworthiness. With Fibe, you can get cash up to ₹5 lakhs in just 2 minutes at affordable interest rates.

Repaying your Fibe loan amount generally involves the following steps:

  1. Auto-Debit: Most lenders, including Fibe, set up auto-debits from your bank account on the due dates.
  2. Online Payments: You can log into your Fibe account online or through the app and make payments directly.
  3. Bank Transfer: Some lenders may allow you to transfer the repayment amount from your bank account.

Most short-term loans are unsecured, meaning they do not require collateral. However, the terms can vary from lender to lender. Some secured short-term loans might require collateral, such as a vehicle or other valuable asset, to guarantee the loan. Unsecured loans typically rely on your creditworthiness for approval. At Fibe, you can apply for a short term loan without any collateral.

The tenure for a short-term loan normally ranges from a few weeks to a year. The exact tenure depends on the loan product and the lender’s policies. Fibe offers a flexible repayment tenure starting from 3 months to 36 months.

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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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