FundsMama's extensive range of fast, easy and affordable online personal loans makes life stress-free and more enjoyable for our borrowers and adds value to those precious moments that would otherwise be difficult for them to manage or achieve. Personal loans are unsecured financial instruments that help borrowers tide over difficult times or give them the freedom to purchase products and services that may not be covered by a monthly salary. Loans are only useful when they are available at the right time and for the right occasion.
Fill out the loan application form. This is a simple process that will take just a few minutes of your time. Provide a few details such as your name, mobile number, email, PAN, etc., as well as the loan amount you are looking for and your monthly income.
You will receive an email requesting the documents required to complete the loan application. The details shared by you will be used to check your eligibility based on company set criteria.
Once your eligibility has been established, you will receive a phone call to process your loan, and then your loan will be disbursed in the least of time.
For Rs 25000/- borrowed for 12 months, with annual interest rate (APR) of 30%, borrower would pay:
* This fee is ONLY applicable when borrowers repay bill overdue. For example, if you have Rs 10,000/- overdue of principal, then customer to pay additional Rs 300/- for one month of delay in repayment of loan.
The annual interest rates and processing fees varies according to the risk profile of customers.
The following criteria need to be met for the smooth and successful disbursal of the loan:
Provide the following KYC documents for evaluation of your loan-worthiness
"Taking a personal loan from FundsMama has been a great experience! When they said I would get the money within 24 hours I was sceptical, but they kept their word. The whole process was just a breeze and they explained everything so well. I am definitely coming back the next time I need a loan "
"FundsMama has the simplest and fastest process I have ever seen. I needed a loan urgently to cover my wife's medical bills and their team ensured that I got the best deal with a comfortable repayment option. Thanks guys!"
"I find the whole loan process confusing and tiresome. But the way the FundsMama people explained everything to me patiently with examples, I have no more doubts."
"Taking a personal loan from FundsMama has been a great experience! When they said I would get the money within 24 hours I was sceptical, but they kept their word. The whole process was just a breeze and they explained everything so well. I am definitely coming back the next time I need a loan "
Having a low CIBIL score does not automatically preclude you from getting a loan, but it will affect the amount of loan that you can avail and the loan structure that you will get. Having a good CIBIL score allows you the opportunity to get higher loan amounts with better interest rates.
A loan top-up is an additional loan over and above your existing loan. You can apply for a loan top-up after completing 6 successful EMI payments. To find out more about loan top-ups, call our dedicated customer care number.
Selecting your loan tenure is a balancing act. If you select a low tenure, your EMIs will be higher, but you will pay less interest. If you select a longer tenure, your EMIs will be lower but you will end up paying more interest. You should carefully select your tenure based on your monthly financial outflow. Talk to our experts to get a better understanding.
FundsMama's loan disbursal process is among the fastest in the industry. From the time of application, it will take us up to 24 hours to evaluate your eligibility and approve your loan. Post approval, it will take us up to 36 hours to disburse your loan amount.
You can visit our website or download our app and use our free EMI calculator, which will give you details about your EMI.
Applying for a medical emergency loan from FundsMama is a fast and easy process. Just visit our website or download our app and fill in the details in the online form with your name, phone number, email id, etc. as well as your salary details and expected loan amount.
No, there are no restrictions. FundsMama's Medical Emergency Loans can be used for any medical purpose including hospitalization expenses, medicines and post-hospitalization expenses.
Yes, you can. FundsMama's Travel Loans can be used for travel to any domestic or international destination. Our Travel loans can be used for travel bookings, hotel accommodation and sightseeing expenses.
A Unit Of Girdhar Finlease Private Limited
GRIEVANCE REDRESSAL CELL
We strictly adhere to the RBI directives and have an efficient grievance redressal team to look into and resolve all types of grievances. We always strive for responsible lending, we only offer loans that we know will be easy for you to repay, and we charge ethical fees. We never believe in high pressure or forced recovery methods of any kind. But if you have a complaint, we take it seriously and solve the problem within 5-7 working days.
Call us at : +91-9711-711-026 | Email us at : grievance@fundsmama.com
