Quick and easy instant personal loan for a variety of financial needs

Features of Personal Loan

• Tenure of up to 36 months: Enjoy the convenience of flexible repayment tenures ranging from 12 to 36 months to suit your financial goals.
• Loan of up to ₹10,00,000*: You can avail of an instant personal loan of up to ₹10,00,000* to meet various financial needs with no usage restrictions.
• Available 24x7: You can apply for a loan at any time, as we are open 24x7.
• 5-minute disbursals: Quick funding with disbursal to your account in 5 minutes*.
• Attractive interest rates: Enjoy interest rates starting at 16%* p.a., (with monthly interest rate starting at 1.3%*) keeping your EMIs relatively lower.
• 100% paperless process: Our instant personal loan approval process is entirely digital, requiring no physical documentation.
• Collateral-free: Keep possession of your assets and borrow funds without having to pledge them as security.
• Zero hidden charges: Stay worry-free with no hidden charges - any applicable charges will be mentioned upfront in your instant personal loan document.
• Easy process: You do not have to take time out to visit a branch office or get photocopies of your documents. Just apply online and get the funds disbursed into your account with minimal documentation, almost instantly.

Benefits of Personal Loans

A personal loan is a quick and easy source of funding that can help tide over emergencies. Here are the top benefits of personal loans that make it an ideal choice for borrowers:
 

• Quick and easy finance of up to ₹5 lakh
  Unlike other loans, a personal loan is much quicker in terms of processing and disbursal. At LOANS24, you can get your instant personal loan funds in almost 5 minutes*. It is also easier to apply for with minimal documentation, an entirely online process, and 24x7 availability.
• Unsecured loan
  A key benefit of personal loans is that they are unsecured. Thus, you do not have to pledge an asset to get the funds, making it accessible.
• Low interest rates
  With the monthly interest rate starting at 1.3%*, the personal loan by LOANS24 is an affordable funding option with lower EMIs and interest payments.
• Improves credit score
  Taking an instant personal loan offers a great opportunity to improve your credit score or build your credit history by repaying your EMIs on time.
• Tax benefits
  While personal loans do not come with income tax benefits, you can claim deductions up to ₹30,000 on the interest amount if the funds are used for the following purposes:

1. Home renovation
2. Home purchase or construction
3. Education expenses
4. Starting a business