Kundan Finance: Personal Loan

Kundan Finance is an instant personal loan app designed for salaried professionals, operating in more than 60 cities. Our mission is to provide access to personal loans in less than 30 minutes. You can avail loans ranging from ₹50,000 to ₹10,00,000, subject to approved credit. Once approved, the loan amount is instantly transferred into the borrower’s bank account within minutes.

Features of Kundan Finance Personal Loan App:
Kundan Finance offers a user-friendly platform with the following features:

✅Personal Loan with Low Credit Score: The app supports individuals with lower credit scores in availing personal loans without complications.

✅ 100% Digital: The entire loan process is digital, eliminating the need for extensive paperwork.

✅ Flexible EMI: Borrowers can select an EMI plan that suits their financial situation.

✅ No Hidden Charges: Kundan Finance follows a transparent process without hidden fees.

✅ No Collateral required: Loans can be secured without the need for collateral.

✅ Example:
Personal Loan - ₹1,00,000
Interest rate - 16%(on a reducing balance basis)
Repayment Tenure - 12 months
processing fee of 3% + GST
Final processing fee - ₹3,000 + ₹540
Total personal loan amount - ₹1,03,540
Amount disbursed - ₹1,00,000
Monthly EMI = ₹9,394
Total interest = ₹9,191
APR – 21.97%
Total Repayment amount - ₹1,12,731

*Note: The final interest rate and fees may vary based on individual credit assessments.
The process is paperless, enabling loan applications without extensive documentation.

Repayment Period:
Minimum: 6 months
Maximum: 60 months
Maximum APR: 27.6%

Eligibility Criteria for Salaried Individuals:
✅ Must be an Indian resident
✅ Net in-hand salary: ₹25,000+ in metros or ₹15,000+ in tier 2/other cities
✅ Full-time employment in a private or government job
✅ Minimum of 6 months of employment with salary credited to a bank account
✅ 1 month’s salary slips required
✅ Linked Aadhaar and PAN card needed

Responsible Lending - Kundan Finance instant personal loan app has partnered with RBI-regulated NBFCs/Financial Institutions. Our policies and services are fully regulated and legally compliant.

Lending Partners:
R.K. BANSAL FINANCE LIMITED

For inquiries, contact: [email protected]