Fibe Instant Personal Loan

Key Features of The Fibe Instant Loan

Eligibility Criteria For Fibe Instant Loans

• Age: Over 21 years and below 55 years
• Salaried individuals with a minimum salary of Rs. 18,000 in metro cities and Rs. 15,000 in non-metros.
• Should be a resident of India

Documents Required for Fibe Instant Loans

Fibe instant loans come with minimal documentation

How to Apply For Fibe Instant Loan

1. Through CreditMantri

• Click on ‘CHECK ELIGIBILITY’
• Fill in the details.
• Enter the OTP sent to your mobile for verification.
• Proceed with the rest of the application

2. Through the Fibe app

• Open the Fibe app on your phone
• Enter your mobile number and tap on ‘GET OTP’
• Enter the OTP
• Fill in personal, professional, and contact details.
• Get approval in minutes
• Upload your KYC documents
• Enter the amount of cash you want to transfer to your bank A/C
• The money is disbursed instantly

Why Pick Fibe Instant Loan Over Others?

The entire journey through Fibe is completely digital. The entire process is paperless and there are no long forms to fill. It is quick and hassle-free. You just have to enter some basic details and you will get the cash in your bank account instantly. The app is also secure with PCI DSS app-based trips. The loan amount is flexible ranging between Rs. 5000 to Rs. 5 Lakhs with minimal interest rates and no prepayment charges. So, no matter what your urgency is, go for the Fibe instant short-term loan.

Fibe Instant Loan EMI Calculator

Manual calculations are cumbersome. For this reason, Fibe provides you with the EMI calculator. You can determine your monthly EMIs by entering the sanctioned loan amount, interest rate, and tenure. The calculator will show your EMI.

The tool is easy to use. It has three sliders - one for loan amount, one for interest rate, and one for the tenure. Move the sliders to the desired values. The EMI is computed and shown automatically.

Things to Keep in Mind Before Applying For an instant loan without documents

Credit Score – Even though lenders now offer instant cash loans without setting much eligibility criteria, you may face difficulties in getting a loan if you do not have a good credit score. A credit score is a number between 300 to 900 and it indicates your repayment capacity. The higher your credit score, lenders consider you as creditworthy and the more probable of repaying your loan. Check your credit score here at CreditMantri.

Not completely paperless: Although lenders specify instant short-term loans as paperless, you still need to submit some documents, such as PAN card , ID proof, and address proof.

Always have a backup – When you have to submit documents such as salary slips or IT returns, always have an alternative. For instance, Suppose, you are not able to provide these, you can give Form 16 instead.

Conclusion

Fibe instant short-term loans are easily accessible and easy to apply. Apply for these loans and enjoy the benefits.