How Does It Work?

Let us walk you through the process and you’ll see how simple it really is to get a loan online. And we weren’t kidding when we said it’s fast too – if your loan is approved, the whole application process should not take more than 15 minutes.

 

Step 1 Check your eligibility

This is a quick step that lets you find out the amount you are eligible to apply for. All you need to do is fill out some basic information like your phone number and salary details. After this, we request permission to access some features on your device that will help us analyse your eligibility. Don’t worry – we provide full disclosure on how exactly we intend to assess your data.

Time required to complete this step: 2 minutes

Step 2 Update your profile

This is where you complete your profile by filling out your personal information, clicking photos of your documents and uploading them. The best part is, you’ll only have to complete this step the first time you apply. The next time, you can skip ahead to Step 3 and get an instant loan.

Time required to complete this step: 10 minutes

Step 3 Apply for the loan

Now you’re ready to apply for your loan, so just select the amount you require. This is the step where you can review all the details of your loan. From the interest rates and processing fees to the loan tenure and repayment options – you will find everything mentioned here in a clear and straightforward way.

Time required to complete this step: 2 minutes

Step 4 Disbursal

You’re done with the application process. Once approved, your loan will be disbursed immediately, so you can expect instant cash credit. Keep an eye on your phone – the next notification you get might be the one telling you that the amount has been deposited to your bank account!

Time required to complete this step: 30 seconds

Step 5 Repayment

With our transparent, straightforward system, it's easy to keep track of your loan tenure, and repay the amount before the due date. Just click on the 'Repay Now' button, choose your preferred payment channel and enter your payment details.

That's it! The best part is, after repaying your current loan, you can apply for your next loan right away.

Time required to complete this step: 1 minute


Eligibility Criteria

Excited to apply for your first loan? Before you begin, go through this handy checklist that will help you determine whether you’re eligible.

  • Are you an Indian national residing in serviceable metro cities in India?
  • Do you have an active Facebook or LinkedIn profile?
  • Do you have an Android smartphone and a working internet connection?
  • Are you above 18 years of age?
  • Do you have a valid bank account and PAN card?
  • Do you have a salary or a steady source of income of at least Rs.15,000 per month?



Answered 'yes' to all of the above?

Congratulations! You are ready to apply for your first online loan from LoanFront. Download our app and get started!

  • Download App
  • Sign Up &
    Check Eligibility
  • Complete Profile
  • Take Loan

Documents required

Forget about having to dig out all your important documents.

All we need from you are:

  • A selfie
  • Your PAN card
  • Any one government ID
    • Aadhaar Card
    • Voter ID

Which cities does LoanFront service?

Ready to start making memories?

Register today to apply for your first loan from LoanFront.