5nance - Mutual fund, SIP, loan & insurance app

5nance is your one stop for managing all your personal finances! You can plan your taxes, invest in mutual funds, apply for personal/home loans and take term/health insurances easily within minutes through 5nance app.

Mutual Funds

Invest in mutual funds - quick, and free. Get top-performing mutual funds with zero paperwork. Simply take 30 seconds to sign up and get your KYC done. Start your SIP in a few clicks.

Why apply for mutual funds online?

· Invest with convenience and ease in top-performing SIP
· No fees, transaction charges

Why invest in mutual funds on 5nance?

· Pick across categories like equity, debt, ELSS or liquid funds etc.
· Get personalized recommendations
· Your data is safe & confidential with military-grade security and 256-bit data encryption
· View real-time investment updates on the dashboard
· Use the SIP calculator, see expected returns on a year-on-year basis
· You can get higher returns of upto 20%* with FIT-SIP our algorithmic investment product
· When you want better returns along with the safety of your money, choose Algrow. It switches between equity and debt funds increasing the possibility of higher returns

26 top AMCs offering hassle-free SIPs
• Aditya Birla Sun Life Mutual Fund
• Franklin Templeton Mutual Fund
• Tata Mutual Fund
• Mirae Asset Mutual Fund
• Axis Mutual Fund…and counting.

Get more than just mutual funds!
Looking for instant cash for your short-term or long-term needs? Get quick money with a short-term loan or a personal loan.

Why use 5nance for Loan?

Check your loan eligibility on the go and get instant quotes
Compare the best loan deals from India’s top banks and partners
Build credit score and get quick money with a short-term loan starting at Rs. 5000*
Apply for a low-interest loan starting at 10.99%*
Save time, effort and hassles in figuring out EMI calculations. Just use our EMI calculator
Get affordable loan options with approval in a few hours
The application process requires minimal documentation
Track your application status anytime, anywhere

Loan partners:

• Tata Capital
• Bajaj Finserv
• Kotak
• Small Business FinCredit India
• Fullerton India
• Home Credit etc.

How to apply for a loan?

1. Check your eligibility instantly by entering basic personal details
2. Choose the best-suited interest rate from multiple short-term & personal loan options
3. Upload recent salary slips, bank statements, etc.

Loan Eligibility Criteria

Employment Type – Salaried & Self Employed
Age – 18-65 Years
Loan Tenure – 60 days to 5 years
Interest Rate – Starts with 10.99% to 25% subject to customer’s credit profile and bank’s decision.
Minimum monthly income - - ₹15,000/-
Work Experience – Minimum 6 months of experience for salaried individuals & 3 years for self-employed.

Representative Example
Personal loan of Rs. 4.5 lakh at an interest rate of 15.5% with a repayment tenure of 3 years, the EMI will be Rs. 15,710. The total payout here would be:

Principal Amount: Rs 4,50,000
Interest Charges (@15.5%): Rs 1,15,560
Loan Processing Fees (@2%): Rs 9000
Documentation charges: Rs 500
Amortization Schedule charges: Rs 200
The total cost of the loan: Rs 5,75,260

Insurance
Protect yourself and family at affordable premiums, get insurance. Just ignoring diseases, accidents, or unexpected emergencies doesn’t mean they won’t happen.
Choose from health, life, term, motor insurance policies from top-notch providers. Access the best insurance policies 24/7.

Insurance providers:
• HDFC Life
• Bajaj Allianz
• Aditya Birla Capital and many more.

For quick funds, SIP at your fingertips, or to protect yourself download the 5nance app.