IndiaLends is an online marketplace for credit products and offer free credit report, range of credit cards and personal loans from different Banks and NBfcs. IndiaLends offers instant personal loans to its customers with most products being fully digital. IndiaLends also provides technology, data and credit analytics solutions along with a loan management platform to financial institutions. IndiaLends is run by a team of credit risk professionals and data scientists with multiple years of experience in consumer credit.
Product features:
Personal loan
Get personalized personal loan offers up to ₹25 lacs at interest rates starting 10.25% for a tenure ranging from 1 year to 5 years. The app selects the best suitable Banks/NBFCs offering minimal interest rate and easy approval based on your personal loan eligibility. IndiaLends has associations with over 50+ banks and NBFCs including BAJAJ FINANCE LIMITED, IDFC FIRST Bank Limited etc.
Personal Loan Eligibility
Age - 18 years - 60 years
Employment Type - Salaried/Self-Employed
Minimum Net Income (monthly) - ₹10,000
Work Experience - Salaried for at least 6/12 months or Self-Employed for at least 3 years
Tenure: (Min) 6 to (Max) 60 months
Interest Rate ranging from 10.25% to 25% depending on customer’s credit and risk profile
Representative Example
With a representative 25% APR based on borrowing ₹ 5 lacs and repaying over 60 months with 60 monthly repayments, the monthly repayments will be ₹ 14,676 which can be paid within a tenure of 60 months.
The total payout here would be:
Principal Amount – Rs 5,00,000
Interest Charges (@25%): Rs 3,80,540
Loan processing Fee (@2%): Rs 10,000
Documentation Charges: 400
Amortization Schedule charges: 150
Total cost of the loan: Rs 8,91,090
Our Lending Partners:
Clix Capital Services Private Limited
PaySense Services India Private Limited
Axis Bank Limited
BHANIX FINANCE AND INVESTMENT LIMITED
Piramal Capital & Housing Finance Limited
Whizdm Innovations Private Limited’s
LENDINGKART Finance Limited
Rupeek Fintech Pvt Ltd
Ruptok Fintech Pvt Ltd
Flat White Capital Pvt. Ltd.
Tata Capital Financial Services Limited
BAJAJ FINANCE LIMITED
Bridge Fintech Solutions Private Limited
HDFC Bank Limited
ICICI Bank Limited
Kotak Mahindra Bank Limited
YES BANK Ltd
IndusInd Bank Limited
InfoCredit Services Private Limited
Kisetsu Saison Finance India Private Limited
IIFL Finance Limited
InCred Financial Services Limited
L&T Finance Limited
Ditya Finance Private Limited
Finnovation Tech Solutions Pvt. Ltd.
SOCIAL WORTH TECHNOLOGIES PRIVATE LIMITED
Maybright Ventures Pvt. Ltd.
MWYN Tech Private Limited
IDFC FIRST Bank Limited
Citi Bank India Limited
Standard Chartered Bank PLC
State Bank of India
Freecharge Payment Technologies Private Limited
*Please note the processing fee can vary from 1.5% - 6%. The figures provided are indicative and subject to change from time.
* However, in case of change of payment mode or any delay or non-payment of EMIs, additional charges / penal charges may also be applicable, depending on the lender's policy
Credit Card
With the IndiaLends app, get credit card suggestions from 40+ options and select the credit card that best suits you. Some of the credit card providers associated with us are ICICI Bank, HDFC Bank, American Express, SBI, Kotak Mahindra Bank, Citibank, RBL and Yes Bank.
Free Credit score / Cibil Score
At IndiaLends app, check your free Credit Score / Cibil Score worth ₹1200 and get a detailed analysis of your credit report / Cibil Report and tips to improve your score. Our latest feature allows you to refresh your credit report and know why your credit score has changed.
I am facing issue with the small amount loan which i took earlier from Reserv cash app in indialends but its not getting open in my ios device i phone 11 pro max please kindly help me solve the issue of guide me how i can repay that
Developer Response
Hi, we'd love to help you. Please write to support@indialends.com and our team will help resolve your issue quickly.
Fake app
Vi vardhan
I'm extremely disappointed and frustrated with the Indialends App. They claim to provide easy loans, but what they actually provide is a web of deceit and scams.Despite providing my personal and financial information and raising concerns before taking the loan, they failed to provide the loan as promised and neglected to address my concerns. Facts of the Case: - On 13march I applied for a loan at our Indialends Platform and submitted my personal and financial information for a loan. - Before proceeding with the loan, I raised concerns regarding “Stashfin"lender app.- Despite my concerns, the app our Indialends team assured me that my loan would be processed, and I would receive the loan amount. - However, after providing all the required information and documents, I did not receive the loan amount. The concern I raised before taking the loan have now become a reality. Cause of Action: - Our Indialends App has engaged in unfair and deceptive practices by collecting my personal and financial information without providing the loan as promised.*Advice:* Look for legitimate lenders and avoid apps like Indialends that have a history of scams and deceit. Your financial security is worth it.
Developer Response
This is not at all how we want you to feel. Please email your concern to support@indialends.com so that we can rectify the issue and give a much better experience.
Worst ever service
Mahiztota
I request all of them who are planning to avail service from Indialends please do not go with this because their service is worst in the world and they keep on giving you false hope always. It has been 14 days over and still I did not get money disbursed in my account. Every time they will give false hope and when ever you call them your point of contact will be very busy and will give 2 or 3 hours later time to get a call. Then the day ends and still you will be in false hope. The banks and person who they will assign to you I guess will be a new one who do not know how to give a personal loan or what is the procedure to do so. Please please please do not go with this Indialends. Please remove word ‘INDIA’ from Indialends as it does not suit you as the service you are providing.
Developer Response
Hi, we are sorry for the experience you had with us. We assure you that we are constantly working towards improving our customer's overall experience. We hope your issue has been resolved now, if you still facing any issue please write back to us at support@indialends.com.
100% wrong information passing through your app.
i am srikrishna
Hi India lends, I am getting information that about my past transactions, which are all faulty. But I am not all any relationship with those transactions. I think you people not getting proper information or you are uploading very wrong information. Go through my account and let you know.. If you people want to show real information, then contact the customer details from related banks, hence never show trash. Example: I am not having any payment pending of my credit card. But in your app you are showing pending payment. This is not at all correct. Don’t ruin our life’s with your wrong elements.
Developer Response
Hi Srikrishna, we sincerely apologize for the inconvenience caused. The account information which reflects on our App is as per the information present on your Experian Credit Report. In case of discrepancy, please raise your concern with the Experian Bureau or your bank. Please write to us at support@indialends.com with your registered contact details for further assistance.
- Users with limited or new credit history can now use the Score Plus module.
- Bug fixes and minor enhancements for a smoother experience.
Version 8.4
The developer, Indialends, indicated that the app’s privacy practices may include handling of data as described below. For more information, see the developer’s privacy policy .
Data Used to Track You
The following data may be used to track you across apps and websites owned by other companies:
Usage Data
Data Not Linked to You
The following data may be collected but it is not linked to your identity:
Usage Data
Privacy practices may vary based, for example, on the features you use or your age. Learn More
Accessibility
The developer has not yet indicated which accessibility features this app supports. Learn More
Information
Provider
GC WEB VENTURES PRIVATE LIMITED
Size
201.9 MB
Category
Finance
Compatibility
Requires iOS 15.6 or later.
iPhone Requires iOS 15.6 or later.
iPod touch Requires iOS 15.6 or later.
Mac Requires macOS 12.5 or later and a Mac with Apple M1 chip or later.
