Fibe Quick, Easy Personal Loan

Get an instant personal loan from Fibe with fast disbursal on low interest rate.

The Fibe app is your one-stop solution for all your finance needs that is trusted by 2.5 million+ Indians. You can get a range of financial products such as personal loans, credit cards, fixed deposits, loans against mutual funds, credit score analyser and Buy Now Pay Later. Download the Fibe app and get instant upgrades on your fingertips.

Benefits of a Fixed Deposit on Fibe app:-
• Invest amounts starting ₹1,000 to ₹5 lacs
• Book an FD online through a completely digital process
• Invest in RBI-approved licenced Banks & NBFCs
• Withdraw funds with ease
• Deposits of up to ₹5 lacs insured by DICGC

Benefits of a Loan against Mutual Fund from Fibe:-
• Get credit limit of up to ₹10 lacs
• Pay interest-only EMIs starting 11%
• Avail of funds from 8,000+ approved mutual fund schemes
• Access instant funds affordably while earning returns

Benefits of Fibe's Buy Now Pay Later:-
• Finance healthcare & education services up to ₹10 lacs
• Repay in low-cost EMIs of up to 36 months
• Apply with ease in just 10 minutes
• Foreclose your loan for free any time

Benefits of a Fibe Personal Loan:-
• Cash up to ₹5 lakhs
• Directly in bank account in 2 min*
• Repay in 3 to 36 months
• Digital process with minimal paperwork
• No foreclosure charges

Personal Loan Fees & Charges:-
• Interest: Starting from 16.75%
• Processing fee: 3 - 3.5% of loan amount
• Late payment: ₹500 or 3% (whichever is more, based on the overdue amount)
• Bounced payment: ₹500/bounce
• APR: 16.75% - 45%
• Stamp duty: 0.1% of loan amount
• Mandate rejection charges: ₹250 + GST
• Foreclosure charges: Free!


Example of How Personal Loans from the Fibe Personal Loan App Work

• Amount borrowed: ₹5,00,000 for 3 years
• Processing fee (3% of loan amount + 18% GST + ₹500 stamp duty) cost to: ₹18,200
• Interest rate: 20% p.a. (on reducing principal balance interest calculation)
• Your EMI will be: ₹18,582
• Total amount to be paid: ₹18,582 x 36 = ₹6,68,952
• Total interest paid: ₹1,68,944
• Total cost of loan: ₹1,68,944 + ₹18,200 = ₹1,87,144


Benefits of credit score analyser:-
• Check your credit score for free
• Get insights on how to improve your credit score
• Monitor your credit score’s monthly progress

Other features of the Fibe app