FLFS - Partner

Loan Amount: from Rs 100000 to Rs 1800000;

Loan Tenure: from 12 to 60 month;

Interest Rate: 8.50% per day (13.25% per annum);

Processing Fee: Ra nges from Rs 7999 for one-time charge, which depends on the loan amount and the application details;

GST: 18% of the Processing Fee in accordance with the policy and laws of India;

APR: Up to 74.2% (Annual Percentage Rate including Interest, Processing Fee and GST);

Example:

For a 62-day loan of ₹10,000 for 2 months with interest rate @25.55% per annum,

Interest = ₹10,000 * 25.55% / 365 * 62 = ₹434;

Processing Fee = ₹620;

GST = ₹620 * 18% = ₹111.6;

The total amount to be paid = Loan Amount + Interest + Processing Fee + GST = ₹10,000 + ₹434 + ₹620 + ₹111.6 = ₹11,165.6;

APR = (₹11,165.6 - ₹10,000) / ₹10,000 / 62 * 365 = 68.62%;

Easy steps to apply for online personal loan and credit line

1. Install FLFS Partner app

2. Register with mobile number and accept basic permissions

3. Submit KYC documents for instant credit eligibility check

4. Sign online loan agreement from approved NBFCs

5. Get instant loan approval and money is transferred to your bank account

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