What is Loanbaba?
Loanbaba is an Indian digital lending platform that specializes in providing swift personal loans, enabling customers to receive approval and funds within just 15 minutes. The application process is entirely online and paperless, utilizing RBI-sanctioned video KYC for efficient identity verification. Borrowers can select repayment terms that range from 3 to 18 months, with annual interest rates starting at 18%. To offer these loans, Loanbaba collaborates with RBI-registered Non-Banking Financial Companies (NBFCs), which means that no collateral is required for approval. Additionally, Loanbaba features a mobile application for Android devices, allowing users to easily apply for loans, check the status of their applications, and manage repayment schedules. Applicants must be at least 23 years old, hold a salaried position, and have a minimum net monthly income of ₹25,000 to qualify for the loans. Loanbaba prioritizes user data protection, utilizing encrypted connections to safeguard sensitive information, thus reinforcing its commitment to security. This focus on both user-friendly services and robust security measures positions Loanbaba as an attractive option for those in need of rapid financial support. Moreover, the platform's seamless experience and dedication to customer satisfaction further enhance its appeal in the competitive lending market.
Pricing
Price Starts At:
Free
Free Version:
Free Version available.
Integrations
No integrations listed.
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Screenshots and Video
Company Facts
Company Name:
Loanbaba
Date Founded:
2015
Company Location:
India
Company Website:
www.loanbaba.com
Product Details
Deployment
SaaS
Android
Training Options
Documentation Hub
On-Site Training
Support
Standard Support
Web-Based Support
Product Details
Target Company Sizes
Individual
1-10
11-50
51-200
201-500
501-1000
1001-5000
5001-10000
10001+
Target Organization Types
Mid Size Business
Small Business
Enterprise
Freelance
Nonprofit
Government
Startup
Supported Languages
English