How to Get a Personal Loan Using the Fibe Loan App in 2025?

Personal Loan Using the Fibe Loan App in 2025:The Fibe Loan App is a convenient digital platform for securing loans with minimal hassle. In this article, we will explore how you can apply for a loan using the Fibe Loan App, the loan amounts available, interest rates, eligibility criteria, required documents, and more. This guide aims to provide a clear and straightforward explanation to help you navigate the process effectively.

Key Features of Fibe Loan App

Feature	Details
Loan Amount	₹20,000 – ₹5,00,000
Interest Rate	16.75% – 30%
Loan Tenure	3 months – 36 months
Processing Fee	2% of loan amount
Eligibility Age	19 – 55 years
Minimum Income	₹25,000/month
Required Documents	Selfie, ID Proof, Address Proof, Income Proof

Why Choose the Fibe Loan App?

Quick Disbursal: Get your loan amount credited to your bank account in just 10 minutes.
Fully Digital Process: Apply for a loan entirely online by uploading the required documents.
Minimal Documentation: Secure a loan with just a few basic documents within five minutes.
No Pre-Closure Charges: Repay your loan early without incurring additional fees.
Flexible Repayment Options: Choose a repayment tenure between 3 months and 36 months.
Collateral-Free Loans: No guarantor or collateral is required.

Loan Amounts Available on Fibe Loan App

The Fibe Loan App allows you to borrow between ₹20,000 and ₹5,00,000. Whether you need a small amount for immediate expenses or a larger sum for significant financial needs, this app provides a range of options.

Fibe Loan App Interest Rates

The interest rates on loans from the Fibe Loan App range from 16.75% to 30%, depending on your credit profile. However, the Annual Percentage Rate (APR) can go up to 74% in some cases.

Loan Tenure Options

The app offers flexible loan tenure ranging from 3 months to 36 months, ensuring you can select a repayment plan that suits your financial situation.

Processing Fees

A processing fee of 2% is charged on the loan amount, which is deducted at the time of disbursement.

Example

For a ₹10,000 loan with an 8% processing fee and an 18% annual interest rate, you would repay ₹10,450 over three months. In this scenario, the APR would be 27.54%.

Eligibility Criteria for Fibe Loan App

Age: Applicants must be between 19 and 55 years old.
Monthly Income: A minimum monthly salary of ₹25,000 is required.
Nationality: You must be an Indian citizen.

Documents Required

To apply for a loan, you need the following documents:

Selfie: A recent selfie for identity verification.
Identity Proof: Any one of Passport, Aadhaar Card, PAN Card, or Driving License.
Address Proof: Passport, Rent Agreement, Utility Bill, or Voter ID.
Income Proof: Bank statement or salary slip to verify your income.

Step-by-Step Guide to Apply for a Personal Loan Using the Fibe Loan App

Download the App: Install the Fibe Loan App from the Google Play Store or App Store.
Grant Permissions: Agree to the app’s permissions to proceed.
Mobile Verification: Verify your mobile number using an OTP.
Fill in Personal Details: Provide your name, date of birth, marital status, educational qualifications, and more.
Professional Profile: Enter details about your profession, company, designation, work experience, and monthly salary.
Address Details: Provide your current residential address, including door number, building name, city, state, and pincode.
Select Loan Offer: Review and choose the loan offer that suits your needs.
KYC Verification: Complete KYC via video or Aadhaar verification.
Set Up Repayment: Set up your smart repayment schedule and sign the agreement.
Receive Funds: Once approved, the loan amount is credited directly to your bank account.

Benefits of Using the Fibe Loan App

Hassle-free loan approval process.
Transparent terms and conditions.
Swift disbursal to address urgent financial needs.
Flexible repayment options tailored to your convenience.

Important Note

The information provided here is for educational purposes only. Before making any financial decision, consult a financial expert to understand your options better.

With this comprehensive guide, you are now well-equipped to apply for a loan using the Fibe Loan App confidently. Take advantage of its user-friendly features to meet your financial requirements efficiently.

Read more –