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LoanFront - Personal Loan App Android

LoanFront - Personal Loan App is #72 in Finance Free on Google Play in India and charting in 1 of 15 countries we track.

DeveloperVaibhav Vyapaar Limited
CategoryFinance
PriceFree
Released
Installs10,000,000+
Rating★ 4.3 (150k)
Updated
Content ratingRated for 3+

Where it ranks on Google Play

Every top 200 chart it appears in across 15 countries.

CountryChartsRank
🇮🇳 IndiaFinanceFree#72
Free with an account

Exact install count, measured downloads per day, rank history and breakout scores for LoanFront - Personal Loan App.

Downloads per day
Revenue per day
Monthly active users
Revenue per download

About LoanFront - Personal Loan App

LoanFront is the most secure and trusted loan app in India to get an instant personal loan with easy EMIs and hassle-free repayment options. LoanFront is a digital product of Vaibhav Vyapaar Limited(formerly known as Vaibhav Vyapaar Private Limited).

Loans are primarily lent by our own RBI Licensed NBFC, Vaibhav Vyapaar Limited(formerly known as Vaibhav Vyapaar Private Limited). (https://vaibhav-vyapaar.com). We also partner with a few RBI-registered NBFCs/Banks.

RBI-registered Lending Partners:
• Usha Financial Services Limited
(https://www.ushafinancial.com/business-partners.html)

LoanFront (https://loanfront.in) is 100% in compliance with the Digital Lending guidelines of the RBI, is built with ISO standards & CISA Certified. One of the highest rated Loan apps in India.

Eligibility
✅Indian nationality
✅Age above 23 years
✅Good credit score
✅Stable income above ₹15,000 per month

You need to provide
👉A selfie
👉PAN card
👉One government ID as address Proof (Driving License/Voter ID/Passport/Aadhaar Card)

Our Products
Online, paperless, 100% digital products and requires no physical documentation
1. Flexi Personal Loan:
Get a quick cash loan up to ₹30,000 in 5 minutes with tenure ranging from 3 months to 12 months.
2. Personal Loan for Salaried:
A personal loan up to ₹2 Lakhs with tenure ranging from 3 months to 24 months. Additionally, provide salary or Income proof and employment details.

Amount, Tenure, Fees & Charges (Product Details)
⭐️Loan Amount: ₹1,500 to ₹2,00,000
⭐️Loan Tenure: 3 months to 24 months
⭐️Interest Rate: 15.95% to 35.95% Fixed per annum on a monthly reducing principal balance
⭐️Processing Fee: 1% to 7.5% of the loan amount based on the risk profile and loan amount
⭐️APR Range: 17% to 70% based on risk profile

*Penalty is charged only on delayed scheduled payments. GST will be applicable only on the fee components as per Indian laws. All the customers are made aware of these details through KFS in Sanction Letters.

How to avail a loan?
👉Install the LoanFront app
👉Register using your mobile number and email-id
👉Perform KYC using any of the multiple options on the app and check your loan eligibility
👉Provide your bank account
👉Read and sign the Loan Agreement containing KFS (Key Facts Statement)
👉Receive the loan amount in your bank account

Easy Repayment Via
●UPI Apps (BHIM, Google Pay, Paytm, PhonePe, Amazon Pay, etc.) and Bharat BillPay - ZERO convenience fee
●Payment Gateways - RazorPay and Cashfree
●Auto Debit (eNACH/eMandate)

Representative Loan Example:
Loan Amount: ₹50,000
Tenure: 12 months
Interest Rate: 17.95% per annum
Processing Fee: ₹1000 (2%)
Life-Time Registration Fees: ₹250 (One-time fee for new customers)
GST on Fees: ₹225 (18%)
Disbursed Amount: ₹48,525
EMI: ₹4,583
Total Repayment: ₹4,583 X 12 = ₹54,996
Total Interest: ₹4,996
APR: 23.77%
Total Cost of the Loan: ₹54,996 - ₹48,525 = ₹6,471

You need money for domestic/international trips, purchases such as home furniture/appliances, personal emergencie

What's new in 3.0.30

This update includes support for 16 KB page size compatibility, along with the latest updates to Video KYC and DigiLocker integrations for improved performance and stability and enabled automatic OTP reading for both Registration and E-sign processes for a smoother and faster onboarding experience.