Fibe Personal Loan Review 2025: Is Fibe app loan real or fake?

Fibe Personal Loan Review 2025: Fibe is a popular online lending platform that offers personal loans to individuals in India. The company is known for its quick and easy application process, as well as its competitive interest rates.

In this blog post, we will discuss everything you need to know about Fibe personal loans in 2025, including how to get a loan easily, the benefits and disadvantages of Fibe loans, the charges and interest rates, and the customer support offered by Fibe.

What is Fibe Loan App?

Fibe Loan (formerly EarlySalary) is a digital lending platform that offers instant personal loans, line of credit, and interest-free EMIs to salaried individuals in India. The company was founded in 2015 and is headquartered in Pune, Maharashtra.

Fibe Loan offers loans starting from ₹5,000 to ₹5,00,000 with a tenure of up to 36 months. The interest rates on Fibe loans are typically lower than those offered by traditional banks, and the application process is quick and easy.

To be eligible for a Fibe Loan, you must be a salaried individual between the ages of 21 and 55 years old. You must also have a minimum monthly salary of ₹15,000 and a good credit history.

The application process for a Fibe Loan can be completed online or through the Fibe mobile app. Once you have submitted your application, you will receive a decision within minutes. If your application is approved, the loan amount will be credited to your bank account within 24 hours.

Fibe Loan is a convenient and affordable way to get the money you need when you need it. If you are looking for a personal loan, Fibe is a good option to consider.

Fibe Personal Loan Benefits

• Quick and easy application process: You can apply for a Fibe Loan online or through the Fibe mobile app. The application process is quick and easy, and you can usually get a decision within minutes.
• Competitive interest rates: Fibe Loan offers competitive interest rates on its personal loans. The interest rates are typically lower than those offered by traditional banks.
• Flexible repayment terms: You can choose the repayment term that best suits your needs. The repayment terms range from 3 months to 24 months.
• Minimal documentation required: You only need to provide a few basic documents to apply for a Fibe Loan. These documents include your PAN card, Aadhaar card, and bank statement.
• Secure and convenient online platform: The Fibe Loan application process is completed through a secure and convenient online platform. You can track the status of your application and make payments online.
• No prepayment charges: There are no prepayment charges on Fibe Loans. This means that you can pay off your loan early without having to pay any additional fees.
• Instant loan transfer: Once your loan is approved, the funds will be transferred to your bank account within minutes.
• No collateral required: You do not need to provide any collateral to get a Fibe Loan. This makes it a more accessible option for people who do not have assets to secure a loan.
• Multiple loan options: Fibe offers a variety of loan options, including personal loans, line of credit, and interest-free EMIs. This allows you to choose the loan option that best suits your needs.

Fibe Personal Loan Eligibility

• Age: You must be between 21 and 55 years old.
• Income: You must have a minimum monthly salary of ₹15,000 if you live in non-metro cities and ₹18,000 if you live in metro cities.
• Employment: You must be a salaried employee with a minimum of 12 months of continuous employment.
• Credit score: You must have a minimum credit score of 600.
• Citizenship: You must be an Indian citizen.

In addition to these eligibility criteria, Fibe may also consider other factors, such as your employment type, loan amount, and repayment history.

If you meet all of the eligibility criteria, you can apply for a Fibe Loan online or through the Fibe mobile app. The application process is quick and easy, and you can usually get a decision within minutes.

Must Read: Nira Personal Loan: Is Nira Loan app real or fake?

Fibe Personal Loan Review: Required Documents

• Selfie: The selfie is used to verify your identity. You should take the selfie in a well-lit area with a clear view of your face.
• Identity proof: The identity proof is used to verify your identity. You can use any of the following documents as your identity proof: passport, Aadhaar card, PAN card, or driver’s license.
• Address proof: The address proof is used to verify your address. You can use any of the following documents as your address proof: passport, rental agreement, utility bills, or voter’s ID.
• Proof of income: The proof of income is used to verify your income. You can use your bank statements and salary stubs for the last 3 to 6 months as proof of income.

You can upload these documents through the Fibe mobile app or website. Once you have uploaded the documents, Fibe will review your application and make a decision within minutes. If your application is approved, the funds will be transferred to your bank account within 24 hours.

Fibe Personal Loan Interest Rate

The interest rate on a Fibe Loan depends on your credit score and the amount of loan you are applying for. The interest rate ranges from 24% to 30% per annum.

Fibe Personal Loan Other Charges

• Processing fee: Fibe charges a processing fee of 3% of the loan amount.
• Late payment fee: Fibe charges a late payment fee of ₹500 per day, subject to a maximum of ₹5,000.
• Repayment mode swapping fee: Fibe charges a fee of ₹500 if you want to change your repayment mode.
• Duplicate documentation fee: Fibe charges a fee of ₹100 for each duplicate document.

In addition to these charges, Fibe may also charge other fees, such as GST and stamp duty. These fees will vary depending on the state in which you live.

It is important to note that the charges associated with a Fibe Personal Loan can change at any time. You should always check the Fibe website or app for the most up-to-date information.

Also Check: What is Navi Personal Loan: Is Navi loan app RBI approved?

Fibe Personal Loan apply Online

1. Download the Fibe App or Register on the Website: You can download the Fibe app from the Google Play Store or the App Store. You can also register on the Fibe website.
2. Enter your details: When you register, you will need to enter your personal details, such as your name, email address, and mobile number. You will also need to provide your PAN card and Aadhaar card details.
3. Upload your KYC documents: Once you have registered, you will need to upload your KYC documents. These documents include your PAN card, Aadhaar card, and a recent bank statement.
4. Get instant approval: Once you have uploaded your KYC documents, Fibe will review your application and make a decision within minutes. If your application is approved, you will receive an instant approval message.
5. Select how much cash you want to transfer to your bank: If your application is approved, you will be able to select how much cash you want to transfer to your bank. You will need to verify your request with an OTP.
6. Transfer the cash to your bank: Once you have verified your request, the cash will be transferred to your bank account within 24 hours.

The entire process of getting a Fibe Loan is quick and easy. You can get approved and have the cash in your bank account within minutes.

Also Read: Moneytap Personal Loan: Is Moneytap Safe?

Fibe Personal Loan Customer Care Number

Customer care number	020-67639797
Customer queries	[email protected]
Press Enquiry	[email protected]
Data Privacy & Security Concerns	[email protected] Mr. Vinay Dubey Principal Officer, IT Act, 2000 and Rules, 2011

Is Fibe loan app RBI registered?

Yes, Fibe Loan app is RBI registered. The company’s full name is Fibe Fintech Pvt. Ltd., and it is registered with the Reserve Bank of India (RBI) as a Non-Banking Financial Company (NBFC). The RBI registration number for Fibe is RBI-NBFC-057508.

You can verify the RBI registration of Fibe Loan app by checking the list of RBI-registered NBFCs on the RBI website. The list is updated regularly, so you can be sure that the information is accurate.

Fibe Loan app is a safe and secure way to get a personal loan. The company is regulated by the RBI, which means that it is subject to strict financial regulations. This ensures that your personal information is safe and that you will be treated fairly if you take out a loan with Fibe.

If you are looking for a quick, easy, and affordable way to get a personal loan, Fibe Loan app is a good option to consider. The company is RBI-registered and has a good reputation, so you can be sure that your loan will be processed safely and securely.

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