Instant Personal Loans

1. Your credit score
2. Employment type
3. Income bracket
4. Eligibility criteria set by financial institutions
5. Lending partner policies

Personal loan for Wedding

Personal loan for Emergencies

Personal loan for Home Renovations

Personal loan for Relocation

Personal loan for Travel

Personal loan for Education

Personal loan for Gadgets

Personal loan interest rates on Fi start at 12.75% p.a., but may vary by lender and your credit profile.

You may qualify for up to ₹10,00,000 based on your salary, credit score, and eligibility.

Typically between ₹1.2 lakh to ₹2 lakh, depending on FOIR and liabilities.

No, personal loans are not considered taxable income.

Foreclosing a loan does not harm your CIBIL score.

Most users qualify for ₹2 lakh - ₹3 lakh, subject to lender policies.

The maximum loan amount that Fi users can avail is 10 lakhs

Minimum repayment period for a pre-approved loan: 6 months

Maximum repayment period for a pre-approved loan: 4 years

Generally yes. In some cases, depending on the loan requirement, profile and bureau users may need to provide income proof via connecting accounts digitally through account aggregator framework or uploading salary slip to verify income.

Loan applications get approved instantaneously.

The minimum income requirement to get a personal loan is 20,000/- INR monthly.

While the list of documents usually varies from lender to lender, a general set of documents that you must have is a PAN, Aadhaar, and a Debit card/net banking credentials for setting up mandate.

No, pre-approved loans won't impact your credit score. It only changes if you accept a confirmed offer, which only happens with your consent.

Several factors influence your credit score. Primarily, on-time payments significantly boost it, while late payments severely damage it. Having a long credit history has a positive impact on your score. However, if your loan application gets rejected by lenders, your credit score will be negatively affected.
Building a strong credit score requires responsible credit management, such as consistently paying bills on time, applying only for necessary credit, etc.Tip: Missing auto-payments affects your score too. So, maintain a sufficient account balance for loan repayments. The Fi app makes it easy with timely reminders.

There is a grace period of 3 days starting from the actual loan disbursement date. During this time, you can change your mind and close the loan without incurring any extra charges or penalties.
Note: The processing fee (including 18% GST) collected by our lending partner during loan disbursal will not be refunded and will still need to be paid upon loan closure.

Getting a personal loan through Fi Money is quite simple and easy, just follow these 4 simple steps.

• Visit the Fi Money's Instant personal loan page
• Fill out the online application form
• Scan and upload your KYC documents
• Submit the form

Depending on your lender, it can take anywhere from 5 minutes to 48 hours for your loan amount to reflect in your bank account.

The interest rate for pre-approved personal loans varies according to user profiles. However, the interest rate on personal loans generally ranges between 12% and 36%.

No, it does not. Once a loan gets disbursed, its interest rate remains unchanged.

When you take the personal loan via Fi, on the 5th of every month — the EMI amount will get deducted from your Savings Account balance.

EMIs get deducted from your Savings Account balance.
The amount gets deducted on the 5th of every month.
Fi recommends maintaining sufficient funds in your account to avoid missing repayments.

Except for loans disbursed through Federal Bank, there are no charges or fees linked to the preclosure of a loan account.

Yes, lenders can charge anywhere between 1-3% as processing fees on the loan amount — when you apply for a loan.

The display sequence of shortlisted lenders is designed to assist customers in making informed decisions that improve their likelihood of loan approval while preserving the health of their credit profile. We display lenders in an order that helps you get approved and protects your credit profile. This ranking is based on objective, real-time data, including:

• Ease of Application: How user-friendly the lender's process is.
• Competitive Offers: The quality of their loan amounts and interest rates.
• System Reliability: Whether the lender's digital systems are online and stable.
• Available Funds: The amount of capital the lender has allocated for loans.