Terms and Conditions

1. Acceptance of Terms

By accessing and using LoansInstant's instant loan services, you accept and agree to be bound by the terms and provision of this agreement. If you do not agree to abide by the above, please do not use this service.

2. Service Description

LoansInstant provides instant loan services, including:

• Instant loan applications with same-day approval
• Quick disbursal of funds to your bank account
• Personal loans for various purposes
• Emergency loan solutions
• Online loan processing and management
• 24/7 customer support services
• Mobile-friendly loan applications

3. Eligibility Requirements

To qualify for our instant loan services, you must meet the following criteria:

• Be at least 21 years of age
• Be an Indian citizen or resident
• Have a valid bank account in your name
• Meet minimum income requirements (₹15,000 per month)
• Provide valid identity and address proof
• Have a good credit history or provide guarantor
• Meet our instant approval criteria

4. Instant Loan Terms

Our instant loan terms include:

• Loan amounts: ₹10,000 to ₹5,00,000
• Interest rates: 12% to 24% per annum
• Processing fees: 1% to 2% of loan amount
• Loan tenure: 3 to 24 months
• Instant approval within 5 minutes
• Same-day disbursal to bank account
• No collateral required for instant loans
• Flexible repayment options

5. Application Process

Our instant loan application process:

• Complete online application form (5 minutes)
• Instant verification using AI technology
• Real-time credit assessment
• Immediate approval decision
• Digital loan agreement signing
• Instant fund disbursal to bank account
• Loan confirmation via SMS and email

6. Payment Terms

Loan repayment terms:

• EMI payments due on the same date each month
• Auto-debit facility available
• Multiple payment options: UPI, NEFT, debit card
• Grace period: 3 days from due date
• Late payment charges: ₹500 per month
• Early repayment discounts available
• Default consequences: legal action and credit bureau reporting

7. Required Documents

For instant loan approval, you must provide:

• PAN card and Aadhaar card
• Bank statements (last 3 months)
• Salary slips or income proof
• Employment verification
• Recent passport size photograph
• Address proof (utility bill or rental agreement)

8. Interest Rates and Fees

Our fee structure:

• Processing fee: 1% to 2% of loan amount (non-refundable)
• Interest rate: 12% to 24% per annum
• Late payment fee: ₹500 per month
• Bounce charges: ₹500 per failed transaction
• Prepayment charges: 2% of outstanding principal
• Legal charges: Actual costs in case of default
• No hidden charges for instant loans

9. Data Collection and Privacy

We collect and process personal information as described in our Privacy Policy to provide our instant loan services. By using our services, you consent to our data practices and agree to our Privacy Policy, which is incorporated into these terms by reference.

10. User Responsibilities

You agree to:

• Provide accurate and complete information
• Keep your contact details updated
• Make timely EMI payments
• Notify us of any changes in circumstances
• Use the loan amount for legitimate purposes
• Comply with all applicable laws
• Not provide false information

11. Instant Approval Terms

Instant approval conditions:

• Approval is subject to credit assessment
• Not all applications qualify for instant approval
• Additional verification may be required
• Approval decisions are final and binding
• We reserve the right to reject applications
• Instant approval does not guarantee loan disbursal

12. Limitation of Liability

LoansInstant shall not be liable for any indirect, incidental, special, consequential, or punitive damages, including without limitation, loss of profits, data, use, goodwill, or other intangible losses, resulting from your use of our services. Our total liability shall not exceed the amount of the loan disbursed to you.

13. Changes to Terms

We reserve the right to modify these terms at any time. Changes will be posted on our website and will become effective immediately. Your continued use of our services after changes constitutes acceptance of the modified terms.

14. Governing Law

These terms and conditions are governed by and construed in accordance with the laws of India. Any disputes arising from these terms or our services shall be subject to the exclusive jurisdiction of the courts in Mumbai, India.

15. Contact Information

For questions about these Terms and Conditions, please contact us: