Loan App for Instant Personal Loan Online - NIRA

Need Instant Loans? Discover NIRA – Your Trusted Loan Partner!

Looking for quick, hassle-free access to funds? The NIRA Loan App is here to help! Whether you need a small amount for unexpected expenses or a larger sum to fulfill your financial goals, NIRA offers instant personal loans with competitive rates and flexible terms.

Key Features of the NIRA Loan App

1. Quick Loan Access

   • Borrow amounts ranging from ₹5,000 to ₹1,50,000 instantly.

2. Affordable Processing Fees

   • Fees range from ₹350 + GST to 2%-7% of the loan amount (plus GST).

3. Flexible Repayment Terms

   • Choose repayment plans from 3 to 24 months to suit your needs.

4. Competitive APR Rates

   • Enjoy Annual Percentage Rates (APR) between 24% and 36% on a reducing balance basis.

5. Prepayment Benefits

   • Prepay without fees within 7 days of disbursement; a 4% prepayment fee applies thereafter.

6. Fair Late Payment Policy

   • No penalty for late payments within 30 days. A nominal fee of ₹500 applies beyond this period.

Transparent Loan Example

• Loan Amount: ₹14,999
• Tenure: 6 months
• Processing Fee: ₹826
• EMI: ₹2,769/month
• Total Repayment: ₹16,613

Why Choose NIRA?

• Trusted Lending Partners: Collaborates with top NBFCs like Muthoot Finance and IIFL Finance.
• Member of DLAI: Adheres to the Digital Lenders Association of India code of conduct for ethical lending.
• User-Friendly Application: Apply easily with just your smartphone and get funds directly in your bank account.

Eligibility Criteria

• Minimum monthly income of ₹15,000.
• Age between 22 to 59 years.

Data Security You Can Trust

Your privacy is our priority. The NIRA Loan App uses 256-bit SSL encryption to protect your personal and financial information.

Permissions We Need for Seamless Service

• User Data: For auto-login and application processing.
• Financial SMS: To evaluate your credit profile and autofill OTPs.
• Location Access: Ensures accurate address verification.
• Contact Access: Helps streamline references for faster approvals.
• Document Uploads: Simplifies the application process via photo uploads.
• Device Info: Safeguards your account against unauthorized use.

Experience the convenience of NIRA – your reliable partner for instant personal loans!

For detailed terms, visit our Privacy Policy and Collections Code of Conduct.

Start your loan journey today with the NIRA Loan App and access funds with ease!