What is the process of application?
Is it safe to apply for loan online?
It's simple! Just go to the slider on the home page and select how much you require, fill in your info, and submit. You will be done in three minutes!.
This is a paperless procedure where you sign digitally, and on approval of your application you receive payment in your bank account.
Who are eligible to apply?
All your sensitive information which are personal, financial or related to employment are encrypted through the Secure Socket Layer (SSL) protocol which leading institutions the world over use. Your information is kept absolutely secure
What is required along with my application?
1. An Indian citizen
2. Above 18 years of age
3. A salaried employee
4. Ability to repay loan amount
Will I get an immediate feedback from you?
- 1. Details of your bank account where we will deposit the loan
- 2. A mobile phone number
- 3. Proof of personal identity PAN card
- 4. Address proof Adhaar Card Voter id card or driving license or passport
- 5. Employment proof
Will you be contacting my employers?
Normally we take minutes to approve your application. Sometimes, if you have not provided sufficient information it may take some time as we have to call you for further details. Sometimes we may have to call you for confirmation of the details you provided.
You ask for internet banking details. How safe is it?
We will not contact your employers regarding the loan, nor will we mention anything about it. We may have to contact the accounts department of your employers to carry out a few simple checks.
How much loan can I get?
Internet banking is the easiest and fastest way of processing your application for loan. We cannot access details of your account as we only have snapshot details of your account.
Your bank details are encrypted and stored securely. No one can access your internet banking password or has the ability to change your banking details.
Can I take further loans above my existing one?
We take into account several factors before deciding how much to lend you. These include your credit rating, your income and household expenses and current liabilities. We always try to lend the amount that we feel sure you can pay back.
How soon after my last loan can I get another?
Presently Loan4Smile does not offer top-up loans. Once you repay your existing loan then you become eligible to apply for a fresh loan. It will be less burdensome for you too to clear one loan before going in for another.
Will I get quick loan even if I apply on a holiday or beyond banking hours?
Immediately, provided you have repaid your earlier one on time.
Are there any charges for early repayment?
Because of our smart and easy digital application you can apply for loan at any time and on any day.
We do not charge for early payment but also reduce your interest amount to the exact number of days that you had kept the loan.
If you want to make early payment just send an email to firstname.lastname@example.org. Or call us at 9999999341.