IBS Payday - Online Loan App, the most trusted Personal Loan App in India

💰 Loan Amount: ₹1,000 upto ₹5,00,000
💰 Minimum Annual Percentage Rate (APR): 9%, Maximum APR: 18%
💰 Minimum repayment period: 6 months, Maximum repayment period: 51 months
💰 Processing Fees: 0% to 5%
💰 If customers opt for a Value-Added Service, the fee for the same shall be levied additionally

IBS Payday - online personal loan app is India’s best instant loan app for applying loan of Rs. 1000 upto Rs. 5,00,000 for a tenure of 3 months to 36 months, helping Indian citizens to get a fast loan with having the processing fees up to 0% plus applicable taxes with maximum APR ranging from 3% to 16%.

For Instance: The Loan Amount: Rs 10,000, Tenure: 12 Months, APR: 24%, Interest accumulated: Rs 1,347.15 (on reducing principal balance), EMI: Rs 945.60, Total cost of loan: Rs 11,347.15
(Loan amount would be disbursed after deducting the processing fee. The borrower pays interest only on the utilized loan amount.)

Exclusive features of our IBS payday loan Online Personal Loan app:
💰 100% paperless process
💰 Up to Rs 5,00,000 limit.
💰 Easy and flexible repayment options.
💰 A collateral-free personal loan.
💰 Zero – NIL charges on foreclosure.
💰 Quicker approvals and sanctioning process.
💰 Zero - NIL charges on pre-part payment.
💰 Convert your short-term personal loan to an EMI term loan.
💰 Privilege to pay monthly rent payments via credit card.

Key Points of IBS Payday Loan
💰 Over 1 Crore satisfied customers
💰 More than 31,000 Partners Shops
💰 Presence across India in 300+ Cities

Why Choose IBS Payday App for Personal Loan?.
💰 Disbursal within 24 hours
💰 No Hidden Charges or Collateral
💰 A seamless digital experience, from loan application to repayment

How to Apply for IBS Payday Online Personal Loan app?.
Simple & hassle-free loan application process in a few easy steps:
💰 Download IBS payday loan App from Play Store
💰 Register on the App
💰 Submit your personal loan details
💰 Upload KYC Documents
💰 After loan approval, receive money in your bank account

So, if you’re looking for an Instant Personal Loan in India, we’re here to help you with our easy application process and 5 mins loan approval.


A representative example of the total cost of the loan:
💰 Amount Borrowed (Principal) = ₹14,999/-
💰 Interest Rate (APR) = 36% (on Reducing Principal Balance interest calculation)
💰 Tenure = 6 months
💰 Processing Fee (incl. GST) = ₹826
💰 Amount disbursed = ₹14,173
💰 Your EMI amount = ₹2769 (based on PMT method, sample monthly payment)
💰 Interest amount = ₹2769 x 6 - ₹14999 = ₹1614(sample interest calculation)
💰 Late Fee = ₹0 if paid on time
💰 Total Cost of Loan = Processing Fee + Interest Amount + Late Fee = ₹826 + ₹1614= ₹2440
💰 Principal repayment amount = ₹14,999/- (same as amount borrowed)
💰 Total repayment amount = Principal repayment amount + Interest Amount + Fee = ₹14,999 + ₹1614 + ₹0 = ₹16,613

App permissions & reasons:
💰 Location to let you know an appropriate plan as per the area/circle you are in.
💰 SMS to verify Phone number for registration only transactional SMS.
💰 Contact to detect references and to auto-fill data.
💰 Calendar to send due to date reminders
💰 Camera is required for the full KYC process
💰 Phone to collect hardware model details, OS and version, network info, and to avoid fraud by ensuring that unauthorized devices are not able to act.

Security and Privacy Policy:
We have a highly secured & encrypted system to ensure the safety of information shared by our customers. To know more about our privacy policy.

Contact us at our official email address of IBS Finance.
*T&C Apply

Download IBS Payday Online Loan App Now!