InstaMoney: Personal Loan App

InstaMoney is powered by LenDenClub, the largest Peer-to-Peer Lending Platform in India. LenDenClub is owned by Innofin Solutions Pvt Ltd, an RBI-registered NBFC-P2P regulated by the Reserve Bank of India (RBI).

InstaMoney caters to a user base exceeding 3 million individuals across India. It offers a quick online loan application process with loan amounts ranging from ₹5,000 to ₹50,000, typically disbursed within 2 hours.

Tenure: 3 to 5 months (91 to 150 days)
Interest rates (APR) Range: 24%-48% per annum

Example: For a Principal Loan Amount of ₹10,000 with an Interest Rate of 24% per annum and a tenure of 5 months:
Interest = ₹10,000 x 24% x 5/12 = ₹1,000
Total Amount Payable = ₹11,000 over 5 months, i.e., ₹2,200 per Equated Monthly Installment (EMI).
Processing fee (+GST) = ₹500 + ₹90.
Assessment fee = ₹199

*The provided values are for illustration purposes only. Final rates may vary based on credit assessment.

Both salaried and self-employed individuals can access instant loans through this personal loan app. First-time aspirants and applicants are encouraged to apply.

Key Features:
• Loans up to ₹50,000
• Instant cash transfer
• Repayment tenure of 91 to 150 days
• No prepayment charges
• Processing fees between 0% - 5%
• Opportunity for higher loan amounts with timely repayments
• Minimal paperwork

InstaMoney's Unique Offerings:
6 million+ users in India
Over ₹11,000 crores disbursed in loans
Quick access for medical emergencies, credit card payments, school fees, advance salaries, etc.
Loan disbursal time varies between 10 minutes to 2 hours

Eligibility Criteria:
✔ Salaried / Self-Employed Individuals
✔ Full salary must be received in a bank account
✔ Age bracket of 21 - 45 years
✔ Indian citizenship

Application Process:
1. Log in to the app and check eligibility.
2. Provide necessary details and documents.
3. Check application status.
4. On approval, funds are transferred within 30 minutes.

• Contact Details:
• 
  
• Email: cs@lendenclub.com
• Facebook: fb.com/InstaMoneyApp
• Twitter: @InstaMoneyApp

InstaMoney is owned by Innofin Solutions Pvt Ltd., an RBI Registered NBFC-P2P (RBI Registered NBFC-P2P List)

Website: InstaMoney Official Website

Address: Unit No. 5, Mezzanine Floor, DLH Park, SV Rd, Goregaon West, Mumbai, Maharashtra 400064

Data Security: InstaMoney adopts global data encryption/decryption standards for user data protection.