E-Loan Instant Personal Loan ~ Online Loan App

E-Loan Instant Loan App answers your cash needs fast and easy!

We work only with Apollo Finvest, a financial institution in India, regulated by RBI & with an NBFC licence. We are legally compliant.

Instant personal cash loans online from ₹750 up to ₹50,000 - validated in under 5 minutes, without collateral or paperwork and delivered directly to your bank account!

💸 Loan characteristics:

Loan amount from ₹750 to ₹50,000
Repayment periods from 61 days to 180 days
APR from 12% to 36% per annum
Processing fees range from 3% to 12% (GST 18% applies)

You may be charged up to 0.2% daily late fees for late payments (capped to 18% of principal amount overdue).
No other hidden fees applicable to your loans!

🌟 What is E-Loan?

E-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: download the app, sign up using your mobile, Aadhaar and PAN numbers, answer a few questions and get instant cash loans approved in under 5 minutes!

📋 An example of a E-Loan

Borrow ₹5,000 at an APR of 24% (per annum) with tenure of 61 days

Interest = ₹5,000 x 24%/365 x 60 = ₹200
Processing fee = ₹5,000 x 5% = ₹250 (on which GST apply of ₹45)
Total cost of the loan = ₹450

Total amount disbursed will be ₹4,705 (₹5,000 - ₹295)
Total amount to repay will be ₹5,200 (₹5,000 + ₹200)
Two monthly repayments of ₹2,600

You can repay your loan using Netbanking, UPI, debit card or wallets (Paytm, PhonePe...). Also, use auto-debit to your UPI app, bank account or debit card to automatically repay your loan on time and take new loans even faster!


👍 Why choose E-Loan?

Need business or personal cash loans on the go? E-Loan is the answer!
We are working hard to provide you with the best loan services to make your life better. Very soon you will look to E-Loan for daily payments, current account, savings and much more!

- All you need is your phone, Aadhaar and PAN numbers to apply for a loan

- We will approve your loan in less than 5 minutes and fully online! Don’t wait for your loan approval anymore

- Be sure of what you will pay before you take a loan: no playing with money, no hidden fees with E-Loan
- Repay your loan without hassle using auto-debit and e-Mandate

- Spread your loan repayments in multiple instalments for more flexibility and ease

- We encrypt the data you choose to share with us to protect your privacy

- Build your credit score and get access to higher loans, discounts or flexible interest rates when loan repayments are made on time

- Build history with FairMoney and access more personal finance products very soon: current and saving accounts, debit cards and much more



📱 How to sign up on E-Loan app

- Download the FairMoney Loan App in Google Play Store
- Sign up with your phone number
- Create your secure PIN
- You can now request a loan in the home page


🌠 How to apply for a loan

- Click ‘Apply’ on the home page
- Answer a few simple questions
- Verify your identity so that we can give you a loan offer
- Receive a loan offer
- Select amount and period for your loan
- Accept loan offer
- Enter bank details to receive your loan directly to your bank account


💌 For more information, comments or suggestions

Contact Us :


Feedback email: [email protected]
Regarding Repayments etc, email to [email protected]