Get Instant Personal Loan for all your needs. Check your eligibility within the app and get instant approval in no time. Our easy application process, minimal documentation, and quick approval ensures you never miss out in life. Go ahead and get an instant cash loan online with the Fibe Personal Loan App.

First Instant Personal Loan App in India

Key features
• Loan amount: ₹ 5,000 - ₹ 5 lacs
• Loan in just 2 minutes
• Tenure: 3 – 36 months
• 100% digital process
• Minimal paperwork
• No collateral required
• No pre-closure charges

Fibe (Formerly EarlySalary) is one of the most trusted lending apps

• ₹ 10,000+ crores worth loans disbursed
• 4 million+ loans disbursed
• 15 lacs+ happy customers

Here’s an example on how loans from Fibe (Formerly EarlySalary) work

• Loan amount: ₹ 50,000
• Processing fee (2% of loan amount * 18% GST) : ₹ 1,180
• Total Loan amount: ₹ 51,180
• Interest: 24% p.a. (on reducing principal balance interest calculation)
• Tenure: 12 months
• Your EMI: ₹ 4,840
• Total Amount to be paid: ₹ 4,840 x 12 = ₹ 58,075
• Total interest paid: ₹ 58,075 - ₹ 51,180 = ₹ 6,895
• Total cost of loan: ₹ 6,895 + ₹ 1,180 = ₹ 8,075
• APR (Annual Percentage Rate) : 28.58%

Eligibility Criteria

• Salaried Individuals
• Above 21 years
• Minimum take-home salary per month ₹15K

Documents Required For Loan

Fibe (Formerly EarlySalary) aims to be one of the most user-friendly Instant Personal loan apps in India.
• PAN
• Aadhaar card
• Salary Account bank statement

How to apply?

1. Login to the Fibe (Formerly EarlySalary) app.
2. Fill in some basic details and upload few documents.
3. Choose the loan amount and tenure.
4. Get the money transferred to your account in 2 minutes.

Interest rates and other charges

Below is the applicable fees and charges for loan products from Fibe (Formerly EarlySalary):
Interest rate Starting 2% per month
Processing fee Up to 3% of the loan amount
Bounce charges ₹ 500
APR (Annual Percentage Rate) Ranges between 16.75% to maximum 74%
Late payment charges ₹ 500 or 3% of the loan amount whichever is higher as per overdue amount
Stamp duty 0.1% of loan amount
Mandate rejection charges ₹ 250 + GST
Pre-closure charges ₹ 0

A penalty is charged only when someone delays their scheduled payment. In addition, GST will be applicable only on the fee components as per Indian laws. All the customers are made aware about details regarding fees and charges through the agreement which is shared on their registered email ids, also the customers can access their loan details 24*7 through our App.

Fibe (Formerly EarlySalary) App is owned by Social Worth Technologies Private Limited who facilitates Lending related services primarily through our in-house RBI registered NBFC, EarlySalary Services Private Limited (Formerly known as Ashish Securities Pvt. Ltd.),. It is a new FinTech start-up in Pune. They are promising to create ripples in the way lending will happen in the country. They are building our mobile-first platform, smart risk scoring system and soon will introduce a fast & easy way to get a loan or buy products and pay-later. Tehy are currently building a smart and young team who together will build this start-up into a buzziest FinTech brand. It is one of India’s leading digital lending apps focused on young, aspirational and tech-savvy Indian consumers. It is a financial ecosystem that enables the mid-income group to upgrade their lifestyle. It hosts an array of financial products like short-term Instant Cash Loans, long-term Personal Loans, Buy Now Pay Later plans. Fibe (Formerly EarlySalary) offers a 100% digital loan application process that takes just minutes to complete. It is ISO/IEC 27001 certified and its app is PCI DSS compliant to ensure better data security.

Their lending partners:

• Earlysalary Services Private Limited (Formerly Known as Ashish Securities Private Limited)
• Northern Arc Capital Limited
• Incred Financial Services
• HDB Financial Services
• Vivriti Capital Limited
• Kisetsu Saison Finance (India) Private Limited
• Piramal Capital and Housing Finance Limited
• Aditya Birla Finance Limited