Here are a few factors
|Minimum Salary Per Month||20000/-
(Tier 1 Metor City)
15000/- (Tier 2 Non Metro City)
|Salary Mode||NEFT,RTGS,COMPANY TRANSFER,IMPS if employer Name is Mention|
|Applicant Age||23 Year to 56 Year|
|Loan Amount & Tenure||50000
to 10 Lac
(12 Month to 60 Month)
|Rate of Interest (Type)||16.95% to 30% (Reducing)|
|Processing Fees||1% - 4%|
|Processing Mode & TAT||Processing:
TAT: 1 Day to 3 Days
|Foreclosure Charges||After 6 Month 4%|
|Part Payment Allowed||No|
|Minimum Job Experience||6 month|
|Employer Business Vintage||2 year|
|FOIR||75% of Net Salary|
|Whether Co-Applicant Mandatory||No|
Funding to Minus
1 CIBIL Applicant if age>25 Year
2. Applicant receiving Salary in Cash
3. NGO Employee
4. Delivery Boys/Security Guard/Taxi Driver/Gym Employee/Bartender
finnable personal loan EMI Calculator
|Interest %||16 %|
|Emi (monthly)||₹ 9,073|
|Total Interest||₹ 8,877|
|Loan Amount + Interest||₹ 108,877|
|Year||Total Principal |
( A )
|Total Interest |
( B )
( A + B)
|Total Payment||Loan Paid Till Date (%)|
|₹ 23,530||₹ 3,689||₹ 27,219||₹ 76,470||23.53 %|
|₹ 76,471||₹ 5,186||₹ 81,657||₹ 0||100.00 %|
Required Documents to Apply for Finnable Personal Loan
KYC of Applicant (Adhar Card+Pan Card+Passport Size Photo)
Last 3 month Salary Slip
Last 6 month Bank Statement in PDF
Form 16 of last 2 year
Rent Agreement if rented or Utility Bill if residence is owned
Sanction Letter of all current running loan if any
Office ID Card or Official EMAIL ID if any
About Finnable Personal Loan
You can use a personal loan to pay for a variety of unforeseen or urgent needs. It is simply an unsecured loan that anyone might take when they suddenly need money.
For salaried employees, Finnable offers rapid personal loans of up to Rs. 10 lakh. You may apply for a personal loan with only a few simple documents and a solid job history.
Finnable Customer Care
Email :- [email protected]
Get Started With a Secure Future in Just a Few Easy Steps
Visit Our Website
For the first step, you will have to visit our website to explore the loan options that fit your needs.
Select and Apply
Once you shortlist the loan you have been looking for, apply for it, and proceed with the further process.
Submit Your Document
One of the most important steps. Now you will have to submit all the required documents digitally.
Enjoy Your Financial Freedom!
Once your application is approved based on your eligibility, the amount will be disbursed to your account shortly.
Let us take an example, How EMI is being calculatedFor instance, if "Shubham" applies for a Personal loan of INR 1 Lacs and get the loan sanctioned at the rate of 15 % with a tenure range of 36 Months , in such a case his EMI would be INR 3,467 and complete repayment amount till the end of 36 Months tenure would be INR 1,24,795 (i.e 3,467 EMI * 36 Months), wherein the total interest amount is INR 24,795 along with principal repayment of INR ₹1,24,795 . Few additional charges like those of minimal one-time processing fee upto 2-3% of loan amount may apply. T&C apply.
(A + B)
|Balance||Loan Paid To Date|
|2022||₹ 11,363||₹ 5,969||₹ 17,333||₹ 88,637||11.36%|
|Aug||₹ 2,217||₹ 1,250||₹ 3,467||₹ 97,783||2.22%|
|Sep||₹ 2,244||₹ 1,222||₹ 3,467||₹ 95,539||4.46%|
|Oct||₹ 2,272||₹ 1,194||₹ 3,467||₹ 93,267||6.73%|
|Nov||₹ 2,301||₹ 1,166||₹ 3,467||₹ 90,966||9.03%|
|Dec||₹ 2,329||₹ 1,137||₹ 3,467||₹ 88,637||11.36%|
|2023||₹ 30,332||₹ 11,266||₹ 41,598||₹ 58,305||41.70%|
|Jan||₹ 2,359||₹ 1,108||₹ 3,467||₹ 86,278||13.72%|
|Feb||₹ 2,388||₹ 1,078||₹ 3,467||₹ 83,890||16.11%|
|Mar||₹ 2,418||₹ 1,049||₹ 3,467||₹ 81,472||18.53%|
|Apr||₹ 2,448||₹ 1,018||₹ 3,467||₹ 79,024||20.98%|
|May||₹ 2,479||₹ 988||₹ 3,467||₹ 76,545||23.45%|
|Jun||₹ 2,510||₹ 957||₹ 3,467||₹ 74,036||25.96%|
|Jul||₹ 2,541||₹ 925||₹ 3,467||₹ 71,495||28.51%|
|Aug||₹ 2,573||₹ 894||₹ 3,467||₹ 68,922||31.08%|
|Sep||₹ 2,605||₹ 862||₹ 3,467||₹ 66,317||33.68%|
|Oct||₹ 2,638||₹ 829||₹ 3,467||₹ 63,679||36.32%|
|Nov||₹ 2,671||₹ 796||₹ 3,467||₹ 61,009||38.99%|
|Dec||₹ 2,704||₹ 763||₹ 3,467||₹ 58,305||41.70%|
|2024||₹ 35,208||₹ 6,390||₹ 41,598||₹ 23,097||76.90%|
|Jan||₹ 2,738||₹ 729||₹ 3,467||₹ 55,567||44.43%|
|Feb||₹ 2,772||₹ 695||₹ 3,467||₹ 52,795||47.20%|
|Mar||₹ 2,807||₹ 660||₹ 3,467||₹ 49,988||50.01%|
|Apr||₹ 2,842||₹ 625||₹ 3,467||₹ 47,147||52.85%|
|May||₹ 2,877||₹ 589||₹ 3,467||₹ 44,270||55.73%|
|Jun||₹ 2,913||₹ 553||₹ 3,467||₹ 41,356||58.64%|
|Jul||₹ 2,950||₹ 517||₹ 3,467||₹ 38,407||61.59%|
|Aug||₹ 2,986||₹ 480||₹ 3,467||₹ 35,420||64.58%|
|Sep||₹ 3,024||₹ 443||₹ 3,467||₹ 32,397||67.60%|
|Oct||₹ 3,062||₹ 405||₹ 3,467||₹ 29,335||70.67%|
|Nov||₹ 3,100||₹ 367||₹ 3,467||₹ 26,235||73.76%|
|Dec||₹ 3,139||₹ 328||₹ 3,467||₹ 23,097||76.90%|
|2025||₹ 23,097||₹ 1,169||₹ 24,266||₹ 0||100.00%|
|Jan||₹ 3,178||₹ 289||₹ 3,467||₹ 19,919||80.08%|
|Feb||₹ 3,218||₹ 249||₹ 3,467||₹ 16,701||83.30%|
|Mar||₹ 3,258||₹ 209||₹ 3,467||₹ 13,443||86.56%|
|Apr||₹ 3,298||₹ 168||₹ 3,467||₹ 10,145||89.86%|
|May||₹ 3,340||₹ 127||₹ 3,467||₹ 6,805||93.19%|
|Jun||₹ 3,381||₹ 85||₹ 3,467||₹ 3,424||96.58%|
|Jul||₹ 3,424||₹ 43||₹ 3,467||₹ 0||100.00%|
FREQUENTLY ASKED QUESTIONS
Finnable has partnered with RBI-authorized & regulated NBFCs/Financial Institutions. Their policies and services are fully regulated and legally compliant.
Finnable applies an interest rate of 16.95% on their loan.
The maximum loan amount you can get from Finnable is Rs.10 lakh.
You must be entitled to a salary of 15,000 per month to be eligible for a personal loan from Finnable.
Yes, a processing fee of 4% +GST is applicable on the Finnable personal loan.
The minimum ROI of a Finnable Personal Loan is 16.95% per annum
The minimum ROI of a Finnable Personal Loan is 30% per annum
The highest loan amount you can avail with a Finnable Personal Loan is Rs. 10 Lacs
The minimum loan amount you can avail of with a Finnable Personal Loan is Rs. 50,000
The processing fee for Finnable’s Personal loan is between 1% to 4% of your loan amount.
The minimum repayment tenure of Finnable's Personal Loan is 12 months.
The maximum repayment tenure of Finnable's Personal loan is 60 months.
Yes, you can apply for a Finnable Personal Loan anywhere from India as it holds a PAN India access
The minimum required salary to apply for a Finnable Personal Loan is Rs. 20,000 Monthly for Metro cities and Rs. 15,000 per month for non-metro cities.
To apply for Finnable Personal Loan your Minimum CIBIL score must be 700
No, to apply for Finnable Personal Loan your Minimum CIBIL score must be 70
Yes, to apply for Finnable Personal Loan your Minimum CIBIL score must be 700
You can go to the official website of Finnable or you can also switch to ReferLoan for an easy and smooth loan application process.
Yes, Finnable accepts minus CIBIL scores for Personal loans but only if the applicant's age is 23 or above.
The minimum required age to apply for a Finnable Personal Loan is 21
The maximum required age to apply for a Finnable Personal Loan is 60
Yes, Finnable does offer funding to the Proprietorship Firm Employees, but only if a PF deduction is included in their salary structure.
No, Finnable doesn’t offer funding to the Partnership Firm Employees too
If you are planning to apply for a Finnable Personal Loan, your minimum employment period must be 6 months.
The minimum vintage of the applicant’s employer must be 2 years to apply for a Finnable Personal Loan
No, it is not mandatory to provide a Co-applicant to apply for a Finnable Personal Loan
No, Finnable doesn’t fund NRIs for Personal Loans.
No, the job profile of Delivery Boy makes you ineligible to apply for a Finnable Personal Loan.
No, the job profile of Courier Boy makes you ineligible to apply for a Finnable Personal Loan.
No, the job profile of Waiter makes you ineligible to apply for a Finnable Personal Loan.
No, the job profile of a Taxi Driver makes you ineligible to apply for a Finnable Personal Loan.
No, the job profile of Bartender makes you ineligible to apply for a Finnable Personal Loan.
No, the job profile of Gym Instructor makes you ineligible to apply for a Finnable Personal Loan.
No, the job profile of Office Boy makes you ineligible to apply for a Finnable Personal Loan.
No, the job profile of Security Guard makes you ineligible to apply for a Finnable Personal Loan.
Yes, you can apply for Finnable's Personal Loan if you are working as an Army Man, but only if your job profile doesn’t include any Gun ownership.
No, a Finnable Personal Loan doesn’t allow any partial payments.
The foreclosure interest on Finnable's Personal loan is 4% after 6 months and 3.5% after 12 months.
No, police officers are not eligible to apply for a Finnable Personal Loan.
Yes, MCD employees are eligible to apply for the Finnable Personal Loan, but only those who are on a profile as a Clerk.
Yes, You can apply for a Finnable Personal Loan if you receive your salary through NEFT
Yes, You can apply for a Finnable Personal Loan if you receive your salary through IMPS.
Yes, You can apply for a Finnable Personal Loan if you receive your salary through Company Transfer.
No, you can’t apply for a Finnable Personal Loan if you are receiving our salary in cash.
No, you can’t apply for a Finnable Personal Loan if you are receiving our salary through UPI.
Finnable takes 3 days for the disbursement of a personal loan
Finnable takes 1 day for the confirmation of a personal loan
Yes, you can apply for a Finnable Personal Loan online
The customer care number of Finnable is 84478-96394.
Yes, you can easily apply for a Finnable Personal Loan online.
The FOIR of a Finnable Personal Loan is 75%