Welcome To Loanwalle

Loanwalle is a fintech loan company with headquarters in Delhi and branches in Mumbai, Hyderabad, Bangalore, Pune, Vijayawada, Jaipur, Chandigarh, Indore, Chennai, and Kolkata. We provide lightning-fast online loans within 30 minutes.

Our USP is to give instant loan approval to you so your emergency gets resolved without any hassle. We have eliminated the tedious waiting periods and sped up the process of approval so that your loan is approved in just 15 minutes. Hard to believe? Try us out.

For your loan disbursal, you must provide us with all the required documents in your online form. All that we need is your:

  • KYC (Aadhar, Pan Card, Voter id, etc) details
  • 2 months' salary slips
  • 3 months' bank statement

Why Loanwalle?

  • Loanwalle provides a personal online loan with a 24*7 service.
  • Our loan service is available in major cities of India. To check if we provide service in your city, click here.
  • Loanwalle sanctions and disburses money in less than 30 minutes.
  • It is very easy and simple to apply for a loan online on our website or our app.
  • Regular customers with good credit will be provided with higher limits, lower interest rates, and fees.
  • We listen to you and your feedback is very important to us.

Eligibility:

  • Indian Resident.
  • Above the age of 21 years
  • Source of a monthly income.

Loan Service Characteristics:

  • Easy to Apply: 100% online using your phone anytime, anywhere.
  • Get your money quickly: loan disbursed to your bank account in 5 minutes once approved.
  • Loan Limit: Rs 5,000 - Rs 5,00,000.
  • Interest Rates: minimum APR is 10%, the maximum APR is 33% (Annual Percentage Rate, APR)
  • Tenure: minimum tenure is 62 days and maximum tenure is 365 days.

Loan Subject and Fees Example in detail:

Loan subject and fees of Loanwalle comply with all India regulations on NBFC and the Play Store policy. For example, if the loan amount is Rs 12,000 with tenure of 91 days, then the loan subject and fees are as follows:

  • Loan principal: Rs 12,000
  • Maximum Interest in total: Rs 12,000 * 33 * 91 / 365 * 100 = Rs 987.3 (Less interest for users with good credit)
  • Processing Fees: This fee is standard practice across all India financial institutions for performing credit checks, bank account validations, auditors' hiring, etc. The processing fee is ONLY charged once with 10% of principal, i.e., Rs 12,000 * 10% = Rs 1200 (Less or no processing fees is applicable for regular customers with good credit)
  • Late Payment Charge: This fee is ONLY applicable when borrowers repay bills overdue. There is NO late charge when you repay on time or in advance. This fee is standard practice across all India financial institutions. The late payment charge is 2% of the overdue principal. For example, if you have Rs 1000 overdue of principal, then the late charge is Rs 20.

How loanwalle.com works?

  • Install loanwalle APP from the Play Store.
  • Register an account using your mobile phone.
  • Fill your personal information and submit your correct documents.
  • The auditor may ask you some questions on the phone.
  • Get your money in your bank account once your loan is approved. This takes less than 30 minutes!

Security:

Your information is ONLY used to audit loan applications and your contact for loan collection. Your information is encrypted. We do not share your data with any third parties without your consent. Your data is 100% safe with us.

Contact us:

If you have any questions, please contact us using the following ways.

Customer Service Email: info@loanwalle.com

Working Hours: 9 am to 11:59 pm (Monday to Saturday)

Privacy Policy: https://www.loanwalle.com/loan/privacy-policy

Our Delhi Headquarter: S-370, Basement Panchsheel Park, and Opposite Panchsheel Park Metro Station Gate No. 1, Delhi 110017.

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