FastALoan

Get upto Rs 2,00,000 as salaries in advance anytime, anywhere and for any purpose from FastALoan

At Fastaloan, we are committed to build a digital lending ecosystem that offers quick and hassle-free personal loans to salaried individuals at affordable interest rates without having to worry about physical verification, multiple calls, complicated & long processes followed by an even longer waiting period for approval.

FastALoan has partnered with the latest technology for superior user experience while respecting their privacy to offer a seamless experience. Hence, we do not ask for access to your contact list, SMSs, location tracking, call history, spend data, mobile handset information, etc.

Whether it’s for last-minute rent payments and utility bills, home renovation, wedding expenses, education fees, medical emergencies, a vacation, or even a flash sale online or for any of the thousand other reasons, FastALoan has got your back!

Key Features:

- Online real time verification of KYC.
- Instant approval of loan application and disbursement of loan.
- Fully Digitised and user friendly process.
- No CIBIL score required.
- No risk of embezzlement
- Option to take multiple loans
- No collateral is required.
- No prepayment or hidden charges
- Lowest processing fee - 1% or Rs 500.

Loan Range from Rs. 15000 to Rs. 2,00,000.
Tenure: 60 days to 24 months. FastALoan offers very competitive interest rates as per industry standards that range between 14%-18% per annum on reducing balance i.e. interest amount keeps on decreasing with payment of every EMI.

Example: If the amount of Rs. 25,000 is borrowed for 6 months at 16% interest rate per annum on reducing balance then EMI for each month will be Rs. 4365 for 6 months. Total repayment amount is Rs 26190 which is equivalent to loan granted at flat interest rate of 9.52% per annum.

How FastALoan Works:-

The borrowing journey is divided into 3 steps -
(i) Register with a few basic details such as Name; Email; mobile number.
(ii) Log in to FastALoan, complete your profile data and KYC. Within minutes, you will be notified about the approval status.
(iii) Once your profile has been approved, It will hardly take 2 minutes to apply for the loan and get the money instantly in your bank account without any further verification.

Key information required to complete profiling and KYC:

- Pan No.
- Aadhaar details
- Last 3 months’ bank statements.

Eligibility criteria for FastALoan’s personal loans:

- Must be an Indian Resident above 18 years of age.
- Must be a salaried individual in service for a minimum duration of 3 months.
- Must have an active Indian Salaried Bank Account

Security:

Data Privacy and Security is our priority at FastALoan. Our backend API’s comply with mandated security standards.

We will never let a cash crunch hold you back, Download our app now!