Instant Personal Loan OnlineUp to ₹10 Lakh,Approved in 2 Minutes

Yes, you can qualify for a personal loan without affecting your CIBIL score. Checking eligibility on the Fibe app only runs a soft inquiry, which doesn’t impact your score, while a hard inquiry (which can cause a small, temporary dip) only occurs once you accept an offer and move toward disbursal.

Fibe’s personal loan interest rate starts at 18% per annum on a reducing balance basis, so interest is charged only on the outstanding principal. The APR also starts from 18%, with your exact rate depending on the loan amount, tenure and credit profile. 

Fibe charges a fixed APR starting from 18% per annum, locked in for the entire tenure so your EMI stays the same throughout. This differs from variable-rate loans, ensuring you always know exactly what you’ll pay each month regardless of market rate shifts. 

No, there are no extra charges on the foreclosure of the loan. Fibe charges 0 foreclosure charges, zero prepayment penalties and no origination fee. This means you can close your loan early or make extra payments anytime without losing money to penalties. 

You can borrow up to ₹10,00,000 depending on your profile, with common uses ranging from ₹50,000 for smaller expenses to ₹5-10 lakh for bigger needs like home renovation or debt consolidation. Your actual approved limit depends on income, credit history and employment stability. 

You can choose a repayment tenure starting from 6 to 36 months. A longer tenure lowers your EMI but increases total interest paid, while a shorter tenure means higher EMIs but faster repayment and lower overall cost.

You can log in to the Fibe app, go to your active loan section and select prepayment (to pay off part of the amount) or foreclosure (to close it completely). Since Fibe charges zero foreclosure fees, your full payment goes directly toward reducing the outstanding principal.

A secured personal loan requires pledging an asset like property or gold as collateral, which the lender can claim on default. An unsecured personal loan, like Fibe’s, requires no collateral — approval is based purely on income and creditworthiness.

Fibe personal loans are available in over 400 Indian cities, including Mumbai, Delhi, Bangalore, Hyderabad, Pune, Chennai, Kolkata and Ahmedabad. Since the entire process happens digitally, your location doesn’t limit access as long as you meet the eligibility criteria. 

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.

The minimum in-hand salary required to avail of a Fibe Instant Personal Loan is ₹20,000 per month. Note that the salary requirements vary from one lender to another.

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.

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, and wedding ceremonies.

Fibe (operated by EarlySalary Services Private Limited) is a digital lending platform with loans disbursed in partnership with RBI-registered NBFC partners. The platform has a PCI DSS-compliant app journey and is also ISO 27001 certified, ensuring your data is handled under recognised security protocols.

To get a loan from Fibe, you need to qualify for the eligibility criteria. You must be a salaried Indian resident aged between 19 to 55 years, earning at least ₹20,000 per month in-hand. In most cases a credit score of 650+ is preferred. However, new-to-credit applicants and those with lower scores can still apply, as Fibe also evaluates income stability and banking behaviour.

No. Fibe allows only one active personal loan at a time. An ongoing Fibe Personal Loan, has to be fully repaid and closed before you can apply for another personal loan.