Instant Personal Loan Online with Freo
Get quick and easy personal loans up to ₹5,00,000 for 2-36 months. Freo offers instant loans through our mobile app with minimum documentation and approval within minutes
What is Freo Personal Loan?
Now you can get an instant Freo Personal Loan of up to ₹5 Lakh without any collateral or guarantors. Use this money for travel plans, mobile phones, medical emergencies, weddings, education loans, home renovation, and more.
Freo Personal Loans start at an interest rate of 1.08% per month (13% per annum). The best part is, you can get an approved credit limit of up to ₹5 Lakh, but you don’t have to pay any interest until you transfer this money to your bank account. What’s better? You don’t even have to transfer the entire amount at once; you can borrow only as much as you need from your limit. The interest will be charged only on the used amount. Repay when it’s convenient for you by choosing flexible EMI options of 2-36 months.
Apply with 3 easy steps
1
Download the Freo app
2
3
Get approved within minutes
Freo (Formerly MoneyTap) is India’s first and most trusted app-based credit line loan. More than 10 Million people have downloaded the Freo app.
Experience quick, easy, and hassle-free digital loan approval with Freo's new generation Personal Loan and get your loan approved within minutes!
Benefits of Using Freo Personal Loan
Instant Approval
Borrow in Parts
Save on interests
Doubles as a Credit Card
Flexible Repayments
All in one App
Eligibility Criteria
Indian resident, aged 22–55 years
Minimum net monthly income of ₹25,000
Both salaried and self-employed applicants eligible
Credit score of 650 or above
Required Documents
PAN card
ID Proof
Aadhaar Card / Driving Licence / Passport
Address Proof
Aadhaar Card / Driving Licence / Passport
Professional Selfie
Selfie via the Freo app (for KYC)
1.1M
252K
5
10M+
Different Ways to Use Freo Personal Loan
How to Apply for Personal Loan
