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IMPORTANT INFORMATION
IN RELATION ACCESS TO CREDIT INFORMATION CRIF HIGHMARK

You hereby appoint GC Web Ventures Pvt. Ltd. (hereinafter, "IndiaLends") as your authorized representative to receive your credit information from CRIF Higmark. You hereby irrevocably and unconditionally consent to such credit information being provided by CRIF Higmark to you and IndiaLends, and you hereby agree, acknowledge, and accept the terms and conditions set forth herein.
You hereby also acknowledge that for IndiaLends to service you as a customer to access your credit worthiness, the credit information shall be shared by CRIF Higmark with you and IndiaLends on a quarterly basis in a period of 12 months continuously (4 reports in a year) to ensure that you are able to view your complete credit history. Please read the terms and conditions of this document carefully before accepting. By clicking on the “I Accept” button below, you are expressly agreeing to access the CRIF Higmark credit information report and credit score (as defined in the important information section below and together referred as “credit information”) and share a copy of the credit information with IndiaLends in the “as is” format. Please click on the link below to read and understand the important information section below. ** This document is an electronic record in terms of the Information Technology Act, 2000, and rules made there under, and the amended provisions pertaining to electronic records.

IMPORTANT INFORMATION
CONSENT IN RELATION TO ACCESS TO CREDIT INFORMATION THROUGH EXPERIAN

This End User Agreement (the “Agreement”) is made between you (the “User” or “You”) and GC Web Ventures Pvt. Ltd., a private limited company having its registered office at Plot No. 55, Upper Ground Floor, Saidujalab, Westend Marg, New Delhi – 110030. (“CLIENT”, “Us” or “We”, which term shall include its successors and permitted assigns). The User and CLIENT shall be collectively referred to as the “Parties” and individually as a “Party”. You hereby consent to CLIENT being appointed as your authorised representative to receive your Credit Information (i) for the purpose of determining your credit worthiness through using provider’s Credit Information Report and sharing relevant credit products with You as provided by the financial partners of the CLIENT; and (ii) in relation to credit monitoring that enables the individual consumers to monitor various active loan products, movement of credit score, delayed payments flags etc. as required in accordance with applicable laws, (“End Use Purpose”) on an ongoing basis until the End Use Purpose for not exceeding 6 months or withdrawal of consent; whichever is earlier. BY EXECUTING THIS AGREEMENT / CONSENT FORM, YOU ARE EXPRESSLY AGREEING TO ACCESS THE EXPERIAN CREDIT INFORMATION REPORT AND CREDIT SCORE, AGGREGATE SCORES, INFERENCES, REFERENCES AND DETAILS (AS DEFINED BELOW)(TOGETHER REFERRED AS “CREDIT INFORMATION”). YOU HEREBY ALSO CONSENT TO SUCH CREDIT INFORMATION BEING PROVIDED BY EXPERIAN TO YOU AND CLIENT BY USING EXPERIAN TOOLS, ALGORITHMS AND DEVICES AND YOU HEREBY AGREE, ACKNOWLEDGE AND ACCEPT THE TERMS AND CONDITIONS SET FORTH HEREIN. Terms and Conditions: Information Collection, Use, Confidentiality, No-Disclosure and Data Purging CLIENT shall access your Credit Information as your authorized representative and CLIENT shall use the Credit Information for limited End Use Purpose consisting of and in relation to the services proposed to be availed by You from CLIENT. We shall not aggregate, retain, store, copy, reproduce, republish, upload, post, transmit, sell or rent the Credit Information to any other person and the same cannot be copied or reproduced other than as agreed herein and in furtherance to applicable law including the CICRA. The Parties agree to protect and keep confidential the Credit Information both online and offline. The Credit Information shared to You, or received on by Us on your behalf shall be destroyed, purged, erased immediately upon the completion of the transaction/ End Use Purpose for which the Credit Information Report was procured, this period not being longer than 6 months. Governing Law and Jurisdiction The relationship between you and CLIENT shall be governed by laws of India and all claims or disputes arising there from shall be subject to the exclusive jurisdiction of the courts of Mumbai. Definitions: Capitalised terms used herein but not defined above shall have the following meanings: “Business Day” means a day (other than a public holiday) on which banks are open for general business in Mumbai. “Credit Information Report” means the credit information / scores/ aggregates / variables / inferences or reports which shall be generated by Experian; “Credit Score” means the score which shall be mentioned on the Credit Information Report which shall be computed by Experian. “CICRA” shall mean the Credit Information Companies (Regulation) Act, 2005 read with the Credit Information Companies Rules, 2006 and the Credit Information Companies Regulations, 2006, and shall include any other rules and regulations prescribed thereunder. PLEASE READ THE ABOVEMENTIONED TERMS AND CONDITIONS AND CLICK ON “ACCEPT” FOLLOWED BY THE LINK BELOW TO COMPLETE THE AUTHORISATION PROCESS/ FOR SHARING OF YOUR CREDIT INFORMATION BY EXPERIAN WITH CLIENT IN ITS CAPACITY AS YOUR AUTHORISED REPRESENTATIVE. BY CLICKING “ACCEPT” YOU AGREE AND ACCEPT THE DISCLAIMERS AND TERMS AND CONDITIONS SET OUT HEREIN.

IMPORTANT INFORMATION
IN RELATION ACCESS TO CREDIT INFORMATION THROUGH TRANSUNION CIBIL LIMITED

To,
TransUnion CIBIL Limited [Formerly known as Credit Information Bureau (India) Limited]
19th Floor, One World Centre Tower-2A-2B,
841 Senapati Bapat Marg,
Lower Parel,
Mumbai – 400 013

Sub: Grant of Consent

In connection with submission of the application for my credit information offered by CIBIL (“Consumer Credit Information”) and other related credit products (Credit Products) offered by CIBIL through GC Web Ventures Private Limited (referred to as the “Company”) and delivery of the Consumer Credit Information and Credit Products to the Company, I hereby acknowledge and agree to the following:
A. The Company is my lawfully appointed agent and he / it has agreed to be my agent for the purposes, including, without limitation, to receive the Consumer Credit Information and Credit Products from TUCL on my behalf and use it and the Company has granted its consent for being appointed for the aforesaid purpose.
B. I grant my unconditional consent to the Company to receive the Consumer Credit Information and Credit Products from TUCL on my behalf and the Company has granted its consent for being appointed for the aforesaid purpose. I hereby represent and acknowledge that the Terms of Understanding in relation to the use of the Consumer Credit Information and Credit Products has been agreed between me and the Company.
C. I hereby expressly grant unconditional consent to, and direct, TUCL to deliver my Consumer Credit Information and Credit Products to the Company on my behalf.
D. I agree that my consent shall be stored by the Company on a permanent basis and shall be verifiable from time to time. I understand that the Company cannot access the Consumer Credit Information for more than 6 months on a single Consumer Consent and the same shall be required to be refreshed every six (6) months. Company can store the Consumer Credit Information only for (i) a limited time period of six months or (ii) till such time the credit information is required to be retained to satisfy the purpose for which it was provided or (iii) until I withdraw my consent to store such Consumer Credit Information, whichever is earlier and thereafter, the stored Consumer Credit Information shall be deleted, purged, expunged by the Company.
E. I shall not hold TUCL responsible or liable for any loss, claim, liability, or damage of any kind resulting from, arising out of, or in any way related to: (a) delivery of my Consumer Credit Information and Credit Products to the Company ; (b) any use, modification or disclosure by the Company of the contents, in whole or in part, of my Consumer Credit Information or Credit Products , whether authorized or not; (c) any breach of confidentiality or privacy in relation to delivery of my Consumer Credit Information to the Company.
F. I acknowledge and accept that TUCL has not made any promises or representations to me in order to induce me to provide my Consumer Credit Information or seek any consent or authorization in this regard.
G. I agree that I may be required to record my consent / provide consent electronically and in all such cases I understand that by clicking on the "I Accept" button below, I am providing "written consent " to [COMPANY] authorizing [COMPANY] to obtain my Consumer Credit Information from my personal credit profile from TransUnion CIBIL LIMITED]. I further authorize [COMPANY] to obtain such information solely to confirm my identity and display my Consumer Credit Information to me. Further in all such cases “By checking this box and clicking on the ‘Authorize button, I agree to the terms and conditions, acknowledge receipt of TUCL privacy policy and agree to its terms, and confirm my authorization for [COMPANY] to obtain my Consumer Credit Information and Credit Products.
H. I understand that in order to deliver the product to me, I hereby authorize [COMPANY], to obtain my Consumer Credit Information and Credit Products from TUCL.
I. By submitting this registration form, I understand that I am providing express written consent for [COMPANY] to request and receive information about me from third parties, including but not limited to a copy of my consumer credit report and score from consumer reporting agencies, at any time for so long as I have an active [COMPANY] account. I further authorize [COMPANY] to retain a copy of my information for use in accordance with [COMPANY’S] Terms of Use and Privacy Policy.
J. I UNDERSTAND THAT THE PRODUCT IS PROVIDED ON AN “AS-IS”, “AS AVAILABLE” BASIS AND TUCL EXPRESSLY DISCLAIMS ALL WARRANTIES, INCLUDING THE WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, AND NON-INFRINGEMENT.
K. I shall not sue or otherwise make or present any demand or claim, and I irrevocably, unconditionally and entirely release, waive and forever discharge TUCL , its officers, directors, employees, agents, licensees, affiliates, successors and assigns, jointly and individually (hereinafter “Releasee”), from any and all manner of liabilities, claims, demands, losses, claims, suits, costs and expenses (including court costs and reasonable attorney fees) (“Losses”), whatsoever, in law or equity, whether known or unknown, which I ever had, now have, or in the future may have against the Releasee with respect to the submission of my Consumer Credit Information or Credit Products and / or my decision to provide TUCL with the authority to deliver my Consumer Credit Information and Credit Products to the Company . I agree to defend, indemnify, and hold harmless the Releasee from and against any and all Losses resulting from claims made against TUCL L by third parties arising from and in connection with this letter.
L. I agree that the terms of this confirmation letter shall be governed by the laws of India and shall be subject to the exclusive jurisdiction of the courts located in Mumbai in regard to any dispute arising hereof. TUCL is entitled to assign its rights hereunder to any third person without taking my prior written consent.

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EMI Calculator for
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Choose the best offer from 70+ RBI-approved lenders. Get the funds you need precisely when you need them, with quick disbursal and seamless application.

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Loan disbursem*nt in less than 24 hours is not what I had expected but this is amazing. Thank you very much, Indialends team.

Sanjeev Patwa

Highly satisfied with overall loan disbursem*nt experience. Haven't seen any platform giving so many choices to cater the financial needs. Highly recommended!

Pramod Sharma

My loan got disbursed in 3 days. It was the first time I applied through India lends and it was an excellent experience. Fastest service in comparison to all the loans I have taken till date.

Ankita Sangwan

I visited Indialends website, and their executive helped me throughout my loan disburssment process from MoneyView.

Prachi Singh

Awards & Recognitions

We are humbled that our work has been recognised

  • Google selected IndiaLends for the 4th edition of the Launchpad Accelerator Program, at the Google Developers Launchpad Space in San Francisco.

  • Best Emerging Tech Vendor of the Year at ET BFSI Excellence Awards 2019.

  • Gaurav Chopra, Co-Founder & CEO IndiaLends won Entrepreneur of the year 2019 by Business World.

  • SKOCH Order-of Merit Awards, 2019.

  • IndiaLends was part of Inc42's 42Next 2018, a list of the 42 most innovative startups causing an impact in the Indian startup ecosystem.

  • Mayank Kachhwaha, Co-Founder & COO IndiaLends won Forbes India 30 under 30 entrepreneur.

  • Google selected IndiaLends for the 4th edition of the Launchpad Accelerator Program, at the Google Developers Launchpad Space in San Francisco.

  • Best Emerging Tech Vendor of the Year at ET BFSI Excellence Awards 2019.

  • Gaurav Chopra, Co-Founder & CEO IndiaLends won Entrepreneur of the year 2019 by Business World.

  • SKOCH Order-of Merit Awards, 2019.

  • IndiaLends was part of Inc42's 42Next 2018, a list of the 42 most innovative startups causing an impact in the Indian startup ecosystem.

  • Mayank Kachhwaha, Co-Founder & COO IndiaLends won Forbes India 30 under 30 entrepreneur.

  • Google selected IndiaLends for the 4th edition of the Launchpad Accelerator Program, at the Google Developers Launchpad Space in San Francisco.

  • Best Emerging Tech Vendor of the Year at ET BFSI Excellence Awards 2019.

  • Gaurav Chopra, Co-Founder & CEO IndiaLends won Entrepreneur of the year 2019 by Business World.

  • SKOCH Order-of Merit Awards, 2019.

  • IndiaLends was part of Inc42's 42Next 2018, a list of the 42 most innovative startups causing an impact in the Indian startup ecosystem.

  • Mayank Kachhwaha, Co-Founder & COO IndiaLends won Forbes India 30 under 30 entrepreneur.

Representative Example:

  • Apply personal loan, lowest interest rate & instant disbursal (12)
  • Indialends through it's partner lenders offers a flexible repayment period of 6 months to 60 months. Customer can avail a personal loan from Rs 10,000 onwards. The annualized reducing interest rate ranges from 10.25% to 29.99% depending on the customer's credit profile, and lender policy.

    Representative example APR calculation: Rs.1 Lakh loan availed at interest rate of 12% with processing fee of Rs.1,000 for a tenure of 60 months. Total interest payable by customer will be Rs.33,467 and monthly EMI will be Rs.2,224.

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Frequently Asked Questions

  • A personal loan is multipurpose in nature which means that you can use the amount for any purpose. Unlike home loans or car loans, where the lender restricts the use of the amount for specific purpose, personal loans can be used for any need.

  • Apart from being multipurpose in nature, personal loans are usually security free, disbursed instantly or within a few days and can be applied for with minimal documentation. You can check pre-qualified personal loan offers for you and apply online on the IndiaLends website.

  • While the minimum eligibility criteria to apply for a personal loan in India varies from lender to lender, certain parameters are common. In general, you must be 18-65 years old, have a minimum credit score of 720 or more and a monthly income of ₹20,000 or more.

  • Contrary to popular belief, just like any salaried individual, a personal loan can be availed by self-employed individuals as well. Anyone self-employed individual who meets the minimum eligibility criteria and has ITR for the last three years of their business can get a personal loan from IndiaLends.

  • Ideally, one must have a minimum credit score of 720 to 750 to get an unsecured personal loan at reasonable rates. Since your credit score determines your creditworthiness, banks & NBFCs consider this as the predominant eligibility criteria for a personal loan.

  • Salaried individuals need to provide proof of age & identity, residency, income details, PAN and bank statements to apply for a personal loan. For self-employed individuals, apart from the basic details, the last three years’ ITR is required to apply for a personal loan.

  • Depending on your credit profile, credit score and lender, you can get up to ₹70 lakhs of personal loan amount at InfediaLends. IndiaLends generate the best personal loan offers for you from more than 70+ RBI-approved banks & NBFCs in India.

  • Depending on your credit history and lender, the interest rate that you pay on a personal loan may vary. Ideally, a better credit profile increases the chances of lower interest rates on a personal loan.

  • You can compare, select and choose from personalised loan offers from top RBI-approved lending institutions on the IndiaLends website. Here is a comparative analysis of personal loan offers from our top lending partners.

    BANK/NBFC Interest Rate(pa) Loan Amount Processing Fees Part Payment Pre-closure Charges Locking Period Tenure
    IDFC First Bank 12.00 % to 21% 1 Lakhs to 40 Lakhs Up to 2.0% of the loan amount Up to 40% of loan amount every year 5% on your principal outstanding + GST 1 Month 12 to 60 months
    HDFC Bank 11.25%- 17.75% 50k to 40Lakhs Up to 2.50% of the loan amount subject to a minimum of ₹1,999/- & Maximum of ₹25000/- Up to 25% of Principal Outstanding allowed 13-24 Months - 4% of Principal Outstanding

    25-36 Months - 3% of Principal Outstanding

    >36 Months - 2% of Principal Outstanding

    >48 months - 0%

    12 Months 12 to 60 months
    ICICI Bank 11.50% - 17.25% 50k to 25 Lakhs Up to 2.25% per annum of loan amount plus GST Not available 5% per annum of principal outstanding plus GST 6 months 12 to 60 Months
    Bajaj Finserv 12.49% -15.30% 1 Lakh to 20 Lakhs Up to 2.0% of the loan amount Normal Loan - Should be more than 1 EMI (2% + applicable taxes on part-payment amount paid) Flexi Loan - Unlimited part payment Allowed (Min. Rs. 100 ) without any charges 4% plus applicable taxes on Loan amount 1 month 12 to 60 Months
    Kotak Bank 10.75% -17.99% 1Lakh to 30Lakhs Up to 2.5% of the loan amount + GST and other applicable statutory levies - 5% of the outstanding amount + GST on principal outstanding 12 months 12 to 60 Months
    TATA Capital 11.25%-18.75% 75K- 25 Lakhs From ₹999/- Up to 3.00% of the loan amount and applicable Service Tax Part-payment up to 25% of the principal outstanding (No part-payment charges) More than 25% of the principal outstanding (2.50% part-payment charges on the part-payment exceeding 25% of principal outstanding)

    *Maximum of 50% of the principal outstanding permissible

    >6 months - 3.5% of principal outstanding

    For Loan amount >=7Lacs - NIL Preclosure

    BT - 5% of the principal outstanding

    6 Months 12 to 72 Months
    IndusInd Bank 11.50% -19.0% 1Lakh to 25Lakhs Up to 3.00% of the loan amount plus tax - Salaried: 4% of the principal outstanding after repayment of 12 EMIs. 1 Year 12 to 60 Months
    RBL Bank 11.99%- 18.0% 1Lakh to 20Lakhs 1.5% of the loan amount (Non Refundable fee of Rs 7500 Upfront, Rest at the time of disbursal) NIL NIL 12 months 12 to 60 Months
    Yes Bank 10.99% - 15.99% (BT Special rates - 10.75%) 1Lakh to 25Lakhs Up to 2.50% of the loan amount subject to a minimum of ₹999/- plus taxes • 20% Principal Outstanding for 12 – 24 months

    • 20% Principle Outstanding for 25 – 36 Months

    • 25% Principal Outstanding for 37 – 48 Months

    • 25% Principal Outstanding for 49 – 60 Months

    1% plus applicable taxes on part payment amount paid

    13 – 24 months - 4% of principal outstanding

    25 – 36 months - 3% of principal outstanding

    37 – 48 months - 2% of principal outstanding

    >48 Months - Nil

    12 months 12 to 60 Months
    Credit Saison India Starting from 13%* 50K to 5 Lac Up to 3.0% of the loan amount Not Allowed 5% on your principal outstanding + GST 6 Months 12 to 60 months
    InCred Financial Services Upto 36% p.a. Upto 10 lakhs Upto 5% of the loan amount Not Allowed Within 1 Year: 5% of Outstanding Amount + GST

    After 1 Year: 4% of Outstanding Amount + GST

    Upto 6 months Upto 60 months
  • BANK/NBFC Interest Rate(pa) Loan Amount Processing Fees
    1 Yes Bank 10.99% - 15.99% (BT Special rates - 10.75%) ₹1 lakh - ₹25 lakhs
    2 ICICI Bank 11.50% - 17.25% ₹50k - ₹25 lakhs
    3 HDFC Bank 11.25% - 17.75% ₹50k - ₹40 lakhs
    4 Kotak Bank 10.75% - 17.99% ₹1 lakh - ₹30 lakhs
    5 Tata Capital 11.25%- 18.75% ₹75k - ₹25 lakhs
    6 IndusInd Bank 11.50% to 19.00% ₹1 lakh - ₹25 lakhs
    7 IDFC First Bank 12.00 % to 21% ₹1 lakh - ₹40 lakhs
    8 Bajaj Finserv 12.49%-15.30% ₹1 lakh - ₹20 lakhs
    9 RBL Bank 11.99% - 18.0% ₹1 Lakh - ₹20 Lakhs
  • When you already have a personal loan, financial institutions offer a top-up facility that allows you to borrow additional funds over and above your existing loan. Although the interest rate for a top-up loan may be slightly higher than that of a regular personal loan, it provides you with the convenience of accessing extra funds without applying for another personal loan.

  • With a balance transfer, you can pay off your current loan by availing yourself of a new loan at a lower interest rate. This way, you can reduce your overall interest burden. However, please keep in mind that there may be a fee associated with transferring your personal loan balance .

  • A personal loan EMI calculator allows you to calculate the EMI amount you will need to pay every month for a personal loan. All you have to do is enter the desired loan amount, the tenure and the rate of interest to calculate EMI amount.

  • IndiaLends is India’s most reliable online marketplace for personal loan offers from more than 70+ RBI-approved banks & NBFCs. This means that you can get and apply for the best pre-qualified personal loan offers all in one platform online with minimal documentation, 100% online processing and 24x7 customer assistance.

  • All you must do is visit the IndiaLends website and click on the Personal Loan tab. You can fill up the basic details to check the best offers for you from top RBI-approved banks & NBFCs and then apply for an offer of your choice by providing the necessary documents.

  • Before applying for a personal loan, you must ensure a good credit score. Besides, it is also important to consider your purpose for the loan, understand the rates of interest and assess your ability to repay the loan in due course.

  • A loan against a credit card is provided to customers who already have a credit card from a banking institution. Ideally, loans against credit cards are pre-approved, although the amount may be restricted depending on your credit card limit. A personal loan, however, offers more flexible borrowing options, including higher amounts, flexible repayment tenures, lower interest rates, etc.

  • A good credit score indicates good creditworthiness and confirms your basic eligibility to get a personal loan. In other words, a good credit score indicates that you have taken credit products in the past and have regularly paid them back without any overdue.

  • The best way to get the lowest personal loan interest is by maintaining a good credit profile. You can compare your available loan offers on the IndiaLends platform and apply for the one with the lowest interest rates.

  • You can quickly check your personal loan eligibility on the IndiaLends website. Simply fill out the short form provided above and submit it online to check your personal loan eligibility and available personal loan offers in a few clicks.

  • Apply personal loan, lowest interest rate & instant disbursal (15)
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