Fast Coin is an online loan application and credit platform for professionals across India, where you
can apply for a loan online and transfer cash up to Rs 200,000 to a bank account.
Fast Coin is a platform that facilitates loan transactions between borrowers and NBFCs/Banks.
All loan applications are approved and approved by NBFCs/Banks registered with RBI
and informed upfront during loan application.
Use a personal loan to meet a wide range of financial needs such as planning a vacation
or paying for the wedding of your dreams, your higher studies or home renovation.
You can use it to cover expenses related to medical emergencies, among other things.
Personal loan is an unsecured loan, which means that you
do not need to have a collateral mortgage to get the money. Taking advantage of one is easy – you can apply online and you can
use the money to meet almost any expenditure.
Loan amount: From ₹1,000 to ₹200,000
Interest rates: From 0% to 29.95% per annum
Tenure: 91 days to 15 months
Online loan is a good option to help you, you can get loan through direct bank transfer.
All you need is your PAN card
and address proof to avail benefits ranging from ₹1,000 to ₹50,000 for tenors ranging from 91 days to 6 months .
A new option for online loan-a new where you can get an amount from ₹10,000 to ₹2 lakh in the form of direct bank transfer for a period of 3 to 15 months. All you need is your PAN Card, Address Proof and Salary Proof.
Online loan for Salaried example:
- Loan amount: Rs.50,000
- Tenure: 12 Months
- Interest Rate: 20% per annum
- Processing Fee: Rs.1,250 (2.5%)
- New customer Onboarding Fees: रु.200
- GST on Processing and Onboarding Charges: Rs.261
- Total Interest: Rs.5,581
- EMI: रु. 4,632
- APR: 23.2%
Loan amount Rs. 50,000 Disbursed amount Rs. 48,289. Total loan repayment amount Rs. 55,581
Other online loan example
(Other online loan example)
Loan amount: Rs. 10,000
Tenure: 3 months
Interest Rate: 27% per annum
Processing Fee: Rs.500 (5%)
GST on Processing Fee: Rs.90
Total Interest ): Rs.453
EMI: Rs. 3,484
Loan amount Rs. 10,000. Disbursed amount Rs. 9,410. Total loan repayment amount Rs. 10,453
1. 100% online process
2. Fund safety, protected by advanced server
3. Loan transfer via bank
1. Resident of Indian
2. Above 18 years of age
3. Must have source of monthly income
how to get started
1. Install Fast Coin App
2. Create your account
3. Fill in your basic details to check the first level eligibility
4. Upload KYC documents – ID, Address proof and PAN card
5. Bank transfer or E- as per your request Get loan in the form of voucher
Fees & Charges
- Interest rates range from 0% -29.95% with a monthly interest rate as low as 0% -2.49%.
- A small processing fee is charged for the loan eg.
0% – 3% of the principal for low risk customers, 2.5% – 7%* for very high-risk customers.
Fast Coin charges a one-time service fee during onboarding or upgrade which is ₹ 20- ₹ 350 depending on the risk profile.
Fees and repayment tenures vary depending on the creditworthiness and repayment capacity of the customers. Penalty is imposed only when someone delays his scheduled payment.
You can easily take loan from this app, you can apply for loan amount as per your requirement, you can apply for loan accordingly by
knowing your eligibility, this app less paperwork as well as
less documents So that you will not have any problem in applying for the loan.