Speed Loan

- Speed Loan is a fast, secure, reliable and free Android mobile banking app, available in India. We make getting a personal cash loan easy and fast.

- Speed Loan is an online personal loan intermediary agency in India. We do not directly provide loans. We will recommend a variety of flexible loans for you to choose from. The loans provided are also a platform that fully complies with the relevant NBFC laws and regulations.

- Fast Loan is a platform facilitating the loan transactions between the borrowers and the NBFCs/Banks. All loan applications are approved and sanctioned by NBFCs/Banks registered with RBI and communicated upfront during Loan application.

Why should you choose Speed Loan ?
1. Speed Loan aims to provide individuals with 7 * 24 hours online loan services
2. Our products can provide loan services throughout India
3. Speed Loan product review and payment are very fast
4. The users with good reputation may have a higher loan limit, and the interest and fees will be lower

Speed Loan Details:
- Loan amount from ₹,1000 to ₹5,00,000
- Repayment periods from 3 Month to 24 Month
- APR from 3.5% to 12% per annum
- Processing fees range from 2.5% to 5% (GST 18% applies)
- You may be charged up to 0.1 % daily late fees for late payments ( capped to 18% of principal amount overdue ).
- No other hidden fees applicable to your loans!

Example of Speed Loan :
- Credit ₹5,000 at an APR of 12% (per annum) with a tenure of 61 days
- Interest of loan = ₹5,000 x 12 %/ 365 x 60 = ₹100
- Processing fee of loan = ₹5,000 x 3% = ₹125 (Also on which GST apply of ₹27)
- Total cost of the loan = ₹225

- Total loan amount disbursed will be credit is ₹4,848 (₹5,000 - ₹152)
- Total loan amount to repay will be ₹5,100 (₹5,000 + ₹100)
- Monthly repayments of ₹2,550

Loan requirements :
- Indian Resident.
- Have a bank account.
- Above 18 years old.
- Valid Document
- Should have monthly source of income

Speed Loan Security:
- All the transactions are secured via a 256-bit SSL encryption. All the data are transferred over secured connections. We do not share your data with any third parties without your consent. Your data is totally safe with us.

- All transaction information between you and us is protected by encryption. All information and data are transmitted through a secure connection. Without your consent, we will not share your information with any third party.

Additional information :

Customer Service Email: [email protected]

Customer Service Hotline: 1800-225-7777 (Monday- Sunday, 8 a.m. to 11 p.m.)

Address: 1st Bharati Shopping Center, Mahalakshmi Layout, Opp Gandhinagar, Humnabad Road Gulbarga Karnataka 585104.