How to take loan with Loanbaba App – Instant Personal Loan for all your needs. Personal loan from Rs 5,000 to Rs 200,000 in 15 minutes flat. Completely digital. Completely paperless. This is our promise. We disburse personal loans only from RBI registered and regulated NBFCs.
What is Loanbaba App?
How to take loan with Loanbaba App Best Instant Personal Loan App in India – Get instant small personal loan up to Rs.200,000 in just 30 minutes by applying for our flagship product Small Cash Loan.
Access EMI calculator, loan eligibility calculator and much more with the Loanbaba app.
With the Loanbaba App powered by Loanbaba.com, you can avail an unsecured personal loan to bridge the gap between your urgent need for finance and your salary credit. Many people turn to our instant personal loans – for education, buying gadgets, paying pending bills, travel, medical emergencies and almost everything else.
Advantages of Loanbaba App?
- Lending through RBI registered and regulated Non Banking Finance Company (NBFC). Amros Commercial Private Limited (https://www.amros.in)
- Completely paperless application process
Fully Digital RBI Approved Video KYC Process - Highly Secure HTTPS With 256bit encryption, your data is in safe hands!
no hidden charges - Zero pre-payment/pre-closure charges
- Easy repayment: You can choose a tenor up to 18 months and foreclose anytime.
Features of Loanbaba App?
Key Features of Small Cash Loan, Instant Personal Loan product:
- Loan up to Rs.1 lakh. no collateral required
- Loan Approval in 5 minutes, Disbursement in as little as 30 minutes! ,
- Tenure: 3 months to 18 months
- Interest rate 18% to 48% per annum
- Processing fee: 2% to 5% or Rs 500, whichever is higher
- GST on processing fee: 18%
What is Loanbaba App Eligibility?
- Indian Citizen
- PAN Card and Aadhaar Card Mandatory
- Salaried individuals only
- Above the age of 23
- Rs 20,000 minimum net monthly salary
cash salary not acceptable
Documents Required For Loanbaba App
- Pan card
- Aadhar Card
- Current address proof
- 3 months bank statement
How much loan is available from Loanbaba App?
Loans from Rs 5,000 to Rs 2,00,000 lakh can be availed from the Loanbaba app and this loan is given to you on the basis of your credit profile.
How much interest is charged on the Loanbaba app?
As far as the interest is concerned, the interest charged on the Loanbaba app is 18% to 48% per annum on the loan amount.
For how long is the loan available on the Loanbaba app?
You get loans on the SmartCoin app with tenures ranging from 3 months to 18 months. You can decide your tenure based on your loan amount.
How to apply for Loanbaba App Loan?
- Install Loanbaba Android App
- Select and apply for a small cash loan
- Verify your Internet Banking when prompted
- Accept the loan terms and choose the tenure
- Keep your PAN Card and Aadhaar Card handy and complete Video KYC
configure auto debit - e-sign loan agreement
- The loan is disbursed!
Example of Loanbaba App Personal Loan Interest Rates
- Loan amount: Rs 50,000
- Tenure: 12 months
- Interest: 20% p.a.
- Processing fee: Rs 1,500 (3%)
- GST on processing fee: Rs 270 (18%)
- Total processing fee including GST: Rs 1,770
- Amount disbursed: Rs 48,230
- Total interest: Rs 10,000
- Total Payable: Rs 60,000 (Principal + Interest)
- EMI: Rs 5,000
What is Customer Risk Profile Wise APRs Personal Loan?
- Low Risk Profile – 18% to 24% APR
- Moderate-Risk Profile – 24% to 36% APR
- High Risk Profile – 36% to 48% APR
Loanbaba App Customer Care Number / Customer Support
If you encounter any problems, don’t hesitate to contact us.
- Customer Care Number: +91 22 6905 6400
- E-mail ID: customersupport@loanbaba.com
- Website: https://www.loanbaba.com/
- Address: Sahas Technologies Private Limited, 703, Akshar BlueChip IT Park, Turbhe, Navi Mumbai – 400705, INDIA
- Application: Loanbaba App
Disclaimer: In this article, we have provided you information on the basis of internet source. If this information becomes out of date or the terms of this app change in future, we will not be responsible for the same. So whenever you apply for a loan, take it at your own risk. We are not responsible for this, it is your own choice. We only provide information on loan applications approved by RBI and NBFCs on this website.
FAQs – Related to Loanbaba App
How much loan can I get from Loanbaba App?
Loans ranging from Rs 5,000 to Rs 2 lakh can be availed from the Loanbaba app and this loan is given to you on the basis of your credit profile.
How much interest is charged on the Loanbaba app?
As far as the interest is concerned, the interest charged on the Loanbaba app is 18% to 48% per annum on the loan amount.
For how long is the loan available on the Loanbaba app?
On the Loanbaba app, you get loans for tenors ranging from 3 months to 18 months. You can decide your tenure based on your loan amount.
Does Loanbaba app give loan with Aadhaar card?
Yes, you can avail loan with Aadhaar card through Loanbaba app. Apart from this, you should have PAN card, bank account.
