IndiaLends

IndiaLends' mission is to transform the Indian financial sector by using innovative data sources and cutting-edge technology. We are a marketplace that connects borrowers with lenders and also provide value-add services such as big-data analytics, credit risk assessment and verification and automated work-flows for loan origination and management.

A personal loan is a collateral-free credit facility extended by Banks and NBFCs to salaried and self-employed individuals. IndiaLends is the largest online personal loan provider in the country, having helped over a hundred and fifty thousand customers. Over 35 Banks and NBFCs have tied-up with IndiaLends to provide personal loans to varying customer profiles. Below, we've mentioned some of the key features of an easy personal loan you can get through IndiaLends.

Personal Loan Interest Rate:
Interest rates can vary based on the customer profile. Loan rates start at about 11.49%. To increase your chances of getting a low- interest rate loan, an individual should have a good credit history. Ideally, a CIBIL score greater than 750 is considered a good score.

Personal Loan Tenure:
The tenure period of a Personal Loan starts from 3 months and goes all the way up to 6 years. The choice of tenure is usually left up to the borrower. Depending on his need – short-term or long-term - borrower can ask for a tenure that suits his needs. The only thing to keep in mind is that the EMI (Equated Monthly Instalment) should be an amount which you can pay back easily every month.