LoanFront is the most secure and trusted loan app in India to get an instant personal loan with easy EMIs and hassle – free repayment options LoanFront is a digital product of vaibhav vyapar private limited.
Loans are primarily lent by our own RBI licensed NBFC, vaibhav vyapar private limited. (Https // vaibhav – vyapar.com and from Nov 2023 onwards loans are also provided by the below partner NBFCs our lending partners :
- Muthoot finance limited (https//www muthoot finance .com /personal -loan)
- Bhawana capital private limited (https// www bhawana finance.com/LoanFront.php
LoanFront (https //loanfront.in) is 100% In compliance with the digital lending guidelines of RBI is built with ISO standards & CISA certified.one of the highest rated loan app
Eligibility criteria
- Indian nationality
- Age above 23 years
- Good credit card (above 600)
- Stable income above, 15,000 per month
You need to provide
- A selfie
- pan card
- One goverment ID as address proof (driving licence/voter ID/passport/Aadhar card)
Our Products
Online, paperless, 100% digital products and requires no physical documentation
1. Flexi personal loan :
get a quick cash loan up to 30,000 in 5 minutes with tenure ranging from 3 months to 12 months
2. Personal loan for Salaried :
a personal loan up to 2 lakhs with tenure ranging from 3 months to 24 months additionally, provide salary or income proof and employment details.
Amount, tenure, fees & charges (products details)
- Loan amount : 1,500 to 2,00,000
- Loan tenure : 3 months to 24 months
- Interest rate : 15. 95% to 35.95% fixed per annum on a monthly reducing principal balance
- Processing fee : 1% to 7.5% of the loan amount based on the risk profile and loan amount
- APR range : 17% to 70% based on risk profile
Penalty is charged only on delayed scheduled payments GST will be applicable only on the fee components as per Indian laws. All the customers are made aware of these details through KFS in sanction letters
How to avail a loan?
- Install the loan front app
- Register using your mobile number and email – id
- Perform KYC using any of the multiple options on the app and check your loan eligibility
- provide your bank account
- Read and sign the loan agreement containing KFS (key facts statement)
- Recieve the loan amount in your bank account
Easy Repayment Via
- UPI apps (BHIM, Google pay, Paytm, phone pay, Amazon pay, etc) and bharat bill pay – zero convenience fee
- Payment gateways – Razor Pay and cash free
- Auto debit (ENACH/E mandate )
Representative Loan Example :
- Loan amount : 50,000
- Tenure : 12 months
- Interest rate : 17.95% per annum
- Processing fee : 1000 (2%)
- Life – time registration fees : 250 (one – time fee for new customers)
- GST on fees : 225 (18%)
- Disbursed amount : 48,525
- EMI : 4,583
- Total repayment : 4,583 x 12 = 54,996
- Total interest : 4,996
- APR : 23.77%
- Total costs of the loan : 54,996 – 48,525 = 6,471
You need money for domestic / international trips, purchase such as home furniture / appliances, personal emergencies, monthly bill payments, wedding expenses, home repairs, medical expenses, security deposit, then not to worry LoanFront is here for you
Why LoanFront ?
- Easy application and digital processing
- No collateral or credit card required
- Low – interest rates and processing fees
- 100% safe and secure available 24 x 7
- Early payment benifits
- Multiple loan amount upgrade options
- Trusted app with complete transparency
Other service(s) offered by LoanFront app
open an instant demate account with centrum broking limited (HTTPS//www.centrumgalaxc.com)
LoanFront follows responsible Lending practices and is a member of :
* Fintech association for consumer empowerment – https//faceofindia.org
* digital lenders association of India – https//www.dlai.in
Customer care :
working hours : 9.30 AM – 6.30 PM ( Monday to Saturday)
Support@loanfront.in
08048126351
Address : #1, domlur layout, next to domlur post office, Banglore, Karnataka, 560071, India.
