LokSuvidha - Personal Loan App
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Welcome to LokSuvidha - Personal Loan App, the ultimate solution for all your financial needs. Whether you're facing a medical emergency, looking to fund your education, or planning a home renovation, LokSuvidha is here to make your dreams come true. With our completely digital journey, you can say goodbye to paperwork and long waiting times. Plus, our competitive interest rates ranging from 14% to 27% ensure that you get the best deal possible. Getting a personal loan has never been easier - simply download the app, complete the KYC process, and choose the loan amount and tenure that suits you best. No security deposit or guarantor required.
- Instant Hassle-Free Personal Loan: It offers a quick and seamless loan application process. With just a few clicks, users can apply for a personal loan of up to ₹1 Lakh, eliminating the need for lengthy paperwork and physical documentation.
- 100% Digital Process: It prides itself on its completely digital journey. Users can complete the entire loan application and approval process through the app, making it convenient and time-saving.
- Flexible Tenure Options: Borrowers have the flexibility to choose a repayment tenure that suits their financial situation. With tenure options ranging from 6 to 24 months, users can customize their loan repayment plan to fit their needs.
- No Security Deposit or Guarantor Required: It eliminates the hassle of arranging for a security deposit or finding a guarantor. This feature ensures that individuals can easily access funds without any additional burden or delay.
- Competitive Interest Rates: It offers competitive interest rates (APR) ranging from 14% to 27%. This ensures that borrowers can avail themselves of funds at affordable rates, enabling them to manage their expenses without straining their finances.
- What are the eligibility criteria for a LokSuvidha personal loan?
To be eligible for a personal loan, applicants must be Indian citizens, have a minimum annual household income above ₹-4 lacs, be aged between 21-60 years, have a minimum credit score of - and have their income credited to a bank account.
- How long does it take for the loan amount to be disbursed?
Once the loan application is approved, the money will be transferred directly to the borrower's bank account within 24 working hours.
- Can I apply for a personal loan if I reside outside the service locations mentioned?
Currently, it serves over 60+ locations across Maharashtra, Madhya Pradesh, Uttar Pradesh, and Chhattisgarh. If you reside outside these areas, you may not be eligible for a loan at this time. However, LokSuvidha is continuously expanding its services, so stay tuned for updates.
LokSuvidha - Personal Loan App offers a convenient and efficient way for individuals to meet their financial needs. With its attractive features such as instant loan approval, a completely digital process, flexible tenure options, no security deposit or guarantor required, and competitive interest rates, LokSuvidha ensures a hassle-free experience for borrowers. Whether you need funds for a medical emergency, education expenses, home renovation, or any other personal needs, LokSuvidha is here to help you fulfill your dreams. Download the app now and experience the ease of getting a personal loan.
