LokSuvidha - Personal Loan App 2.2

Welcome to LokSuvidha Personal Loan app, a financial service provider offering a seamless and efficient solution for personal loans. Whether you require financial assistance for medical emergencies, education expenses, home renovations, or any other personal needs, LokSuvidha is dedicated to helping you achieve your goals. The app provides instant personal loans of up to ₹1 Lakh at competitive interest rates ranging between 14% to 27%*, with flexible repayment periods spanning from 6 to 24 months.

Key features of LokSuvidha Personal Loan app include an instant and hassle-free loan application process, entirely digital procedures, flexible tenure options from 6 to 24 months, and the convenience of not requiring any security deposit or guarantor.

Certain eligibility criteria must be met to qualify for a loan with LokSuvidha which includes being an Indian citizen, having a minimum annual household income of over 2.4 lakhs (employed or self-employed), falling within the age range of 21-60 years, maintaining a minimum credit score of 650, and receiving income credited to your bank account.

The lending process is straightforward: download the LokSuvidha personal loan app, register with your mobile number, complete the KYC process, check your loan eligibility, choose the desired loan amount and tenure upon approval, digitally authorize the ACH Mandate and agreement signing, and receive the funds directly in your bank account within 24 working hours.

LokSuvidha currently operates in over 60 locations across India including Maharashtra, Madhya Pradesh, Uttar Pradesh, and Chhattisgarh. A sample loan calculation showcases a clear breakdown of costs for borrowers. Please note that these figures provided are for illustrative purposes and may vary based on individual credit assessments by Lok Suvidha Finance Ltd.

About us: Lok Suvidha Finance Ltd. is a registered Non-Banking Financial Company under the RBI located in Nagpur. They offer various lending services including Personal Loans, Two Wheeler Loans, E-Rickshaw Loans, and Solar project financing.

For inquiries or loan assistance, please contact [email protected].