Quikkloan is a digital loan marketplace for salaried and self-employed people. We facilitate personal loans by leading multiple Banking and NBFCs partners to get the best loan offer for you at affordable EMIs. EMI Calculator
You can calculate your easy EMI payable by entering the loan amount, interest rate, and loan tenure in the EMI calculator.
Representative Example
Loan Amount - Rs.10,00,000, Tenure - 5 Years, Interest rate - 10.75% pa
Monthly EMI Repayment - Rs.21,618, Total Interest Repayable - Rs.2,97,077
Total Amount Repayable - Rs.12,97,077., Loan Amount to be credited in your bank account - Rs.10,00,000 - Rs.11,800 = Rs.9,88,200, Processing Fee* - Rs.10,00,000 * 1% = Rs. 10,000
GST - Rs.10,000 *18% = Rs. 1,800, Processing Fee including GST =Rs.10,000+Rs.1,800=Rs.11,800
*Please note the processing fee starts from 1.0% to 6% +GST. The figures provided are indicative and subject to change from time. The processing fee will be deducted upfront at the time of the loan disbursal. Purpose of instant personal loan
Shopping / Electronic Purchases, Travel, Pursuing Short Term Educational Courses, Medical Emergency Expenses, Home Renovation, Debt Consolidation, Credit Card Repayment, and Two-Wheeler Purchase Bank / NBFC Partnership
Quikkloan has partnered with over 10+ banks and NBFCs including HDFC Bank, ICICI Bank, Yes Bank, Bajaj Finserv, IDFC First Bank, IIFL, Tata Capital, IndusInd Bank, Fullerton, Aditya Birla Finance Limited Personal Loan Features & Eligibility
· Minimum working experience should be at least 6/12 months
· Minimum net salary of Rs.20,000 per month without incentive and bonus
· Minimum business tenure of 3 years (Self-employed) with a minimum annual income of Rs. 6 lac
Age should be between 21-58 at the time of applying for personal loans
Instant personal loan offers up to Rs.50 lacs
Repayment Tenure from 1 year to 6 years
Processing fees vary on the banks/ NBFCs and ranges from 1% to 6% + GST, depends on loan ticket size KYC Documents Required
PAN, Aadhaar, Electricity bill, Mobile bill, Rent agreement, 3 months bank statements and salary slip
10 Important Factors that determine personal loan approval
Your Loan application approval depends on your various factors including Income-to-Expense ratio, Age, Marital status, Education, Tenure with the Employer, Job Stability, Total work experience, Residence stability, Minimum CIBIL Score should be above 700, each bank/nbfc uses different CIBIL Score to approve the loan Small Loan (Coming Soon)
Get instant small loans From ₹5,000 to up to ₹1 lac & tenure from 90 days to 12 months & interest rate varies from 1.75% to 2.5% per month. The process to apply for a Small Loan is easy, paperless, and hassle-free.
Note: We do not provide any pay-day loans or loans with less than a 60 day repayment period in accordance with Google Policy.
Get your Equifax Credit Score & Report with Analysis for FREE!
· The Quikkloan app allows you to check your latest Credit Report every month worth ₹1,200 for FREE
· Checking your credit report through Quikkloan does not impact your credit score because it is considered a soft inquiry on your credit report
· Credit Scores range from 300 to 900, and generally, a Credit Score above 750 is considered excellent by lenders and is preferred for granting a loan
· A credit score of 0 or 1, usually given to those who don’t have a credit history or they have a thin credit profile in the last 6 months Security & Safety of Privacy:
The app protects all your confidential information with the best security standards practices to keep your information safe and secure. Protection of your privacy and your data security is a top priority. Find us on
https://quikkloan.com/ https://www.facebook.com/quikkloan, https://www.instagram.com/_quikkloan/ https://twitter.com/quikkloan
Additional information
[email protected]
Whatsapp - 7428165500 (Monday- Saturday, 10 a.m. to 7 p.m.)
