FastCredit is an Instant Personal Loan Platform built for Indian users. With minimized documentation requirement and easy application process, FastCredit provides you our best personal loan and services. As a highly regulated platform, FastCredit, product code “Digital Loan 6/2”, is working with NBFC “Inditrade”. Please feel safe to use.

Fees and repayment plan
Loan Amount: from Rs 2,000 to 30,000
Interest Rate: day rate 0.098%, up to 35.28% per annum.
Processing Fee: 20% of the loan amount. The fee will be deducted from the loan amount.
GST: 18% of Processing Fee. The fee will be deducted from the loan amount.
Tenure: 70 days to 180 days. 

Example:
Loan Amount: Rs 3,000
Tenure: 98 days (5 installments)
Processing Fee: 3000 * 20% = 600
GST: 600*18%= 108.
Amount to Be Received: 3000-600-108=2292.
Total Repayment Amount: 3042.5. (3000+3000*0.00098*14+30*0.00098*14+22.5*0.00098*14+15*0.00098*28+7.5*0.00098*28)

Repayment Plan:
For each installment the right amount of repayment must be made on time. For the first installment you need to pay off principal amount + the interest of first 14 days, and the remaining amount to be repaid in each remaining installment. Customers can pay off all the repayment amount(including principal and interest) at once in the first installment.
● First EMI: 99% of principal + interest of EMI#1
Payment amount -- ₹3011.16 = (principal: ₹2970 + interest: ₹41.16)
● Second EMI： principal of EMI#2 +interest of EMI#2
Payment amount -- ₹7.91(principal: ₹7.5+ interest: 0.41）
● Third EMI： principal of EMI#3 +interest of EMI#3
Payment amount -- ₹7.81 (principal: ₹7.5 + interest: ₹0.31)
● Fourth EMI： principal of EMI#4 +interest of EMI#4
Payment amount -- ₹7.91 (principal: ₹7.5 + interest: ₹0.41)
● Fifth EMI： principal of EMI#5 +interest of EMI#5
Payment amount -- ₹7.71 (principal: ₹7.5 + interest: ₹0.21)


Eligibility:
1. Indian Resident.
2. 23-56 years old.
3. Source of a monthly income.

How to apply?
1. Install the FastCredit app from the Google Play Store.
2. Register an account.
3. Fill out your basic information, then submit the application.


About Safety & Security

1. FastCredit will never read your bank OTP's, passwords or account numbers. FastCredit uses bank grade security & encryption - so your data and money are safe. FastCredit is completely safe & secure.

2. FastCredit app has been downloaded and used by a large number of customers and it’s technology is trusted by lots of leading banks and financial institutions.

3. The app requires the following permissions to function properly :

Location - ACCESS_FINE_LOCATION
Required for verifying current address for the loan application

Contacts - GET_ACCOUNTS
Required to fetch the verified Google email for the loan application

Contacts - READ_CONTACTS
Required for assessing your social profile as an input for providing the best loan offer. Further explanation: FastCredit also requires you to provide urgent contact and other reference contact manually in "Contact Information" view of the FastCredit app.

SMS - ACCESS_SMS
Collect and monitor only financial transaction SMS which includes name of transacting party, descriptions of the transaction and transaction amount for the purpose of performing a credit risk assessment. This credit risk assessment enables faster loan disbursal. No personal SMS will be accessed, read or collected.

Camera & Media Access - CAMERA, READ_EXTERNAL_STORAGE, WRITE_EXTERNAL_STORAGE
Required for enabling upload of loan application documents like PAN card, Selfie, etc.

Read Device Info - READ_PHONE_STATE
Required to link the unique phone ID (IMEI) to the loan application for security purposes

Contact Us:
Customer Service Email: [email protected]
Phone: +91 63667909187
Address: A/4, 2st Floor, 30nd Cross, 3rd Main,Jayanagar, 10th Block, Bangalore, Karnataka, 560070