Quid : Personal Loan App Review 2024

Quid is a lending and financial services platform (Loan aggregator) where you can apply for a personal loan with RBI registered banks and NBFCS in a few minutes get an instant personal loan with 100% digital experience a high approval rate Quick sanction and hidden charges quid makes it easy for salaried students self employed and business owners to access instant credit with a seamless loan application process

What Makes Quid Better Than Others ?

• Best loan offers : find the best instant loan offers through our lending partners
• Personal loan matchmaker : find the best lending partners
• Trusted platform : Quid works with RBI approved banks and NBFCS only
• Credit card : apply for credit card with exclusive offers and benefits
• user friendly : Explore loan offers easily through a user friendly interface
• 100% Digital : digital process with minimal documentation
• Loan tenure : 3 – 60 months tenure
• Quick approval : get approvals in minutes’ note months
• Low interest rates : Get the best instant rates
• Easy EMI : flexible and convenient EMI option

More Reason To Quid

• collateral – free
• safe and secure
• Quick sanction
• Best interest rates
• Flexible tenure
• High loan approval rate

Repayment time linse APR and transparent processing fees & GST :

• Interest rates start from 1% to 3% per month corresponding to a maximum APR of 12% to 36%
• The repayment tenure ranges from 3 – 60 months
• processing fees will be charged separately as applicable by the lending partner

Eligibility Criteria

• The minimum age for application is 18 – 55 years
• You must receive income in your bank account
• personal loan for salaried student and self employed

Based on our integrated lenders for example :

• Loan amount = 1,50,000
• Interest rate = 13% minimum
• Repayment tenure = 1 year
• processing fees of 2% = 3000 + GST = 3,540
• Loan EMI = 13,398
• The total interest = 10,771
• Loan repayment amount ofter 1 year = 1,60,771
• The maximum annual percentage Rate can go up to 36%

Our trusted RBI approved registered NBFC parteners :

• Bhanix finance and investment limited https : bhanixfinance.com/our parteners.html – (CIN NO. U65910MH1996PLC300645)
• mPockket financial services private limited (CIN no. U65999WB2019PTC233120)

Contact us

for any queries reach us at support@quid.money