Fast Loan Online
TryAbout us
MAIN FEATURES OF GINGER INSTANT LOAN APP:
- Simple user interface and nice design
- Light process with minimum steps and information required
- Instant customer support (email, helpline, Whatsapp chat)
- Various loan repayment options (UPI, card, wallet)
- Lightweight instant loan application
DETAILS AND REPRESENTATIVE COST CALCULATION:
- Loan amount: 500 Rs. – 15,000 Rs.
- Repayment period: 61 – 365 days
- Interest rate: between 12% and 36% per annum (1-3% per month)
- Fees: start at 29 Rs.
- Maximum Annual Percentage Rate (including interest rate and fees): 89%
For example, if the loan amount is 1,000 Rs. with a repayment period of 62 days (two equal installments in 31 days each), the interest is 12% per annum with a one-time processing fee of 89 Rs. The total cost of the loan will be 1,000 Rs. * 12% * 62 / 365 (interest part) + 89 Rs. (all fees applicable) = 21 Rs. + 89 Rs. = 110 Rs. The total amount to be paid is 1,000 Rs. + 110 Rs = 1,100 Rs, so a monthly payment is 550 Rs.
YOUR DATA PROTECTION:
- At Ginger we adhere to regulation rules and industry standards
- Your data is encrypted and securely stored
- We don’t transfer data to third parties
- App does not ask for sensitive permissions
- For more information please visit Data safety section
STEPS TO GET PERSONAL LOAN FROM GINGER:
-
Register with mobile phone
-
Complete simple loan application form
-
Receive instant decision and sign legally binding loan agreement
-
Right away get money 24/7 in your bank account
GINGER LOAN APP BRAND PROMISE
- Fast decision within 5 min implying high approval rates
- Minimal documentation
- No hidden or upfront fees
- New to credit customers are welcome
- Better conditions for repeat clients
ELIGIBILITY RULES FOR INSTANT LOAN
- Indian adult citizen
- PAN, Aadhaar documents, and selfie must be provided
- Salaried or self-employed
- Monthly household income must exceed 25,000 Rs. and the annual income exceeds 3,00,000 Rs.
- Valid bank account details
