What's a Personal loan?

A Personal Loan is a form of credit that a person receives to make a big purchase. It aims to help you with your financial needs. There is no conventional mortgage system while availing a personal loan & the authorities provide you with the flexibility to use the funds as per your needs.

What is the minimum and maximum loan amount offered?

The minimum and maximum loan amounts depend on the banking partners they are willing to offer.

Does Finbull India provide its services all over India?

Yes, we are able to provide you with our services from anywhere in India. Just Log on to Finbull India to avail instant personal loan.

Does having a CIBIL score mandatory for availing loan through Finbull India?

No, a CIBIL score isn’t mandatory to avail loan through Finbull India.

What are the terms for availing a Personal loan through Finbull India?

To apply for a Personal loan through Finbull India, customer

• Should be an Indian Citizen,
• Should have a valid email address & mobile number,
• Should have a valid 12-digit Aadhaar Number issued by the UIA. It serves as a proof of identity and address, anywhere in India.
• Personal Bank account with an access to Net Banking.

Will I be eligible to apply for a personal loan, if I am not able to produce the requisite documents?

As per Finbull India's policy, you need to have at least one of the mentioned documents, to apply for a Personal loan.

Can an existing user re-apply for a Personal loan?

Yes, one can re-apply for a Personal loan, however, it is subject to conditions depending on the applicant’s credit history.

What is the interest rate on the loan offered at Finbull India?

The interest rates offered here at Finbull India are based on various factors such as loan amount, tenure, credit score, etc. It may vary from customer to customer.

Is there any loan pre-closure charges?

No, there is no loan pre-closure charges.

What is the time taken for Loan Approval and Loan Disbursement at Finbull India?

As it is an online process, provisional approval of the loan application depends upon our business partner.

How can a user apply for a Personal loan at Finbull India?

User needs to follow these simple set of instructions to apply for a Personal loan at Finbull India:
• Register with us on our webpage www.finbullindia.co
• Complete the application form by filling in your KYC Details, Personal Details, Loan Details & finally Bank Details.
• After applying, your application gets verified you get the Loan Approval. • You can visit your dashboard by logging in to Finbull India website to check your application status. • You can use the same dashboard to pay the EMI.

What should be the format of the file that can be uploaded as Aadhar Card?

The documents can be uploaded in JPEG, JPEG, PDF and PNG formats. There's no size limit for the files to be uploaded.

How can the use repay his loan amount?

Mode of Loan Repayment-

• PAY ON finbullindia.co WEBSITE • Visit www.finbullindia.co and click on 'PAY EMI' button.
• Fill the required loan details and enter monthly installment.
• Choose a debit card or net banking option to make your payment.
• Enter transaction password or OTP sent to your registered mobile number, to complete the transaction
• Save the receipt for future use. Kindly check your E-mail and SMS for payment confirmation.

Can the Loan Amount and Loan Tenure be selected manually by the user?

Yes, the Loan Amount and Loan Tenure can be selected manually by the user. In fact we only allow the user to select the loan amount and the loan tenure. However, the loan amount and tenure selection eligibility is subject to conditions.

What is an OTP?

OTP stands for One-Time Password for registration onto the portal. To log in to Finbull India, user needs to enter this password that he will recieve on his phone number that is registered with us.

What to do if the OTP is not received on the mobile?

If the OTP is not received, it is advisable to wait for OTP for a minute. If you still don't receive it, and then click on re-send button.

Who can login to customer portal?

Only a user who had sign up as a customer can only login to customer poratl.

Who can login to DSA portal?

Only a user who had sign up as a DSA user can only login to customer poratl.

Can a customer login to DSA Portal?

No, a customer can not login to DSA Portal.

Can a DSA user login to customer Portal?

No, a DSA user can not login to customer Portal.

What needs to be done if someone leaves their loan application in the mid-way?

If that happens, you can come back & complete your Loan Application within 7 days from the time you started.

When can a user avail a personal loan from Finbull India?

The Loan Amount will be disbursed on all working days.

When would the Repayment of the loan start?

The Repayment date would start from the next month from the time loan was issued.

How much of the installment does a user will have to pay every month?

The user will have to pay the repayment in form of EMI which will be calculated along the application process itself.

Can I Re-pay the complete loan amount before the time decided?

Yes. The process of early re-payment is welcomed after 6 months.

How can a user contact Finbull India's Customer Care?

You can get in touch with our customer care through the contact form or you can mail us your enquiry at contact@finbullindia.co.

Will you recieve any verification call from the company?

No, you will not recieve any verification call from Finbull India. All the process is online and the verification process is handled automatically by the backend team.

What is the APR of loan on Finbull India?

The APR of loan on Finbull India is 9% which calculating formula is
APR = [2 x Number of Payments per Year x Total Finance Charges] / [Original Loan Proceeds x Total Number of Payments + 1]