A personal loan is one of the most versatile financial products available in India today, offering quick access to funds without the need for collateral or security. Whether you're planning a dream wedding, funding higher education, managing medical emergencies, or consolidating existing debts, a personal loan from Fastfino provides the financial flexibility you need with minimal hassle and maximum convenience.
Unlike secured loans that require you to pledge assets, personal loans are unsecured credit facilities approved based on your income, credit history, and repayment capacity. This makes them an ideal choice for salaried professionals, self-employed individuals, and business owners who need immediate funds without risking their valuable assets. With competitive interest rates starting from 10.5% per annum and loan amounts up to ₹25 lakhs, Fastfino ensures you get the best deal tailored to your financial situation.
What sets Fastfino apart is our commitment to transparency and speed. Our digital-first approach means you can complete the entire application process online, from eligibility check to documentation submission, and receive approval within 24-48 hours. We believe in hassle-free lending with no hidden charges, clear terms, and dedicated support throughout your loan journey. Our flexible repayment tenure options ranging from 12 to 60 months allow you to choose an EMI that fits comfortably within your monthly budget.
Understanding that every individual's financial needs are unique, we offer customized loan solutions with competitive interest rates determined by factors such as your credit score, income stability, employment history, and existing financial obligations. Our simple eligibility criteria ensure that both salaried and self-employed individuals can access credit when they need it most, making financial goals more achievable than ever before.
Key Features
Competitive Interest Rates
Starting from 10.5% p.a. with flexible repayment options.
Quick Approval
Get approved in 24-48 hours with minimal documentation.
High Loan Amount
Borrow up to ₹25 lakhs based on your eligibility.
No Collateral Required
Completely unsecured loan with no need for guarantor.
Minimal Documentation
Simple online process with digital document submission.
Flexible Tenure
Choose repayment tenure from 12 to 60 months.
Eligibility Criteria
For Salaried Individuals
Age: 21-60 years
Minimum monthly income: ₹15,000
Work experience: At least 1 year
CIBIL score: 650 or above
For Self-Employed
Age: 25-65 years
Business vintage: 3+ years
Annual income: ₹3 lakhs or above
ITR filed for last 2 years
Documents Required
Identity & Address Proof
- Aadhaar Card
- PAN Card (mandatory)
- Passport / Voter ID / Driving License
- Recent utility bill for address proof
Income Proof
- Last 3 months salary slips
- 6 months bank statement
- Form 16 / ITR for last 2 years
- Employment letter (for salaried)
Interest Rates & Charges
Interest Rate
10.5% - 18% p.a.
Processing Fee
Up to 2% + GST
Prepayment
Nil after 6 months
*Rates and charges vary based on credit profile and loan amount
Simple Application Process
Check Eligibility Online
Use our online eligibility calculator to get instant pre-approval based on your income, age, and credit score. This soft check won't impact your credit score and takes less than 2 minutes to complete.
Submit Documents
Upload your KYC documents, income proof, and bank statements through our secure digital portal. Our advanced verification system processes documents within hours, not days.
Loan Approval
Once verified, receive instant approval notification via SMS and email. Review your loan offer including interest rate, EMI amount, tenure, and processing fees before final acceptance.
Instant Disbursal
After e-signing the loan agreement, funds are transferred directly to your bank account within 24-48 hours. Track your application status in real-time through our customer portal.
Popular Use Cases
Medical Emergency
Cover unexpected medical expenses and treatments
Education
Fund higher education and professional courses
Wedding Expenses
Make your dream wedding a reality
Home Renovation
Upgrade and beautify your living space
Travel & Vacation
Plan your dream international vacation
Electronics Purchase
Buy latest gadgets and home appliances
Debt Consolidation
Combine multiple high-interest debts
Vehicle Purchase
Down payment for your dream vehicle
Tips for Faster Approval
Before Applying
- Check your credit score and ensure it's above 650 for better interest rates
- Clear any existing dues to improve your credit profile
- Maintain stable employment history for at least 1-2 years
- Keep all KYC documents updated and readily available
During Application
- Provide accurate information to avoid processing delays
- Upload clear, legible copies of all required documents
- Choose EMI tenure that comfortably fits your monthly budget
- Respond promptly to verification calls and additional document requests