LokSuvidha

Welcome to LokSuvidha Personal Loan app, your trusted financial partner for quick, paperless and hassle-free personal loans with completely digital journey. Download Now!

Whether you need funds for a medical emergency, education expenses, home renovation, or any other individual needs - LokSuvidha is here to help you fulfill your dreams. Offering instant personal loan of up to ₹ 1 Lakh at competitive interest rates (APR) ranging from 14% to 27%*. Choose convenient repayment tenure ranging from 6 to 24 months.

Features:

● Instant hassle free Personal Loan up to ₹ 1 Lakh

● 100% digital process

● Flexible tenure options to choose from (6 to 24 months)

● No security deposit or guarantor required

Loan Eligibility Criteria:

● Nationality should be Indian

● Minimum household annual earnings should be above 2.4 lacs (Salaried or Self-employed)

● Age should be in the range of 21-60 years

● Min. credit score 650

● Income must be credited to your bank A/C

Easy Lending Process:

1. Download the LokSuvidha personal loan app.

2. Register with your mobile number.

3. Apply by completing the kyc process & check for loan eligibility.

3. Choose the required loan amount & tenure basis eligibility upon approval.

4. Digitally authorise the ACH Mandate & Sign the agreement.

5. Get money transferred directly to your bank account within 24 working hours.

We are currently serving in more than 60+ locations in India, across 4 states: Maharashtra, Madhya Pradesh, Uttar Pradesh, and Chhattisgarh.

Illustrative Example (sample loan calculation):

Loan Amount (Principal): ₹50,000

Tenure: 12 Months

Interest Rate (APR): 24%

PF (Processing Fee Incl. GST): ₹1,500* (No hidden charges)

Disbursed Amount (Credited to your bank account): ₹50,000 Principal - ₹1,500 PF = ₹48,500

Monthly EMI: ₹4,728

Total Payable Amount: ₹4,728 x 12 = ₹56,736

Total Interest Payable: ₹4,728 x 12 - ₹50,000 (Principal) = ₹6,736

Total Cost of Loan = Interest + PF = ₹6,736 + ₹1,500 = ₹8,236

*Please note that these figures including PF and APR, are provided for illustrative/ representation purposes only and can vary for each borrower based on their individual credit assessment by Lok Suvidha Finance Ltd.

About us: Lok Suvidha Finance Ltd. is an RBI registered NBFC based out of Nagpur, providing lending facilities such as Personal Loan, Two Wheeler Loan, E-Rickshaw Loan and Solar project financing.

For any queries or assistance regarding loans, feel free to email us at: customer.care@loksuvidha.com