InstaNova Personal Loan: How to take loan from InstaNova app? Know interest rates and benefits

Are you looking for a quick and convenient way to meet your financial goals? If yes, then InstaNova Personal Loan can be a great option for you.

In this blog post, we will tell you everything you need to know about this personal loan like how to apply for Instanova Personal Loan, what are the eligibility criteria, required documents and interest rates? We will also give you complete information about its features and benefits.

What is Instanova?

First of all, let us know what exactly Instanova is? Instanova is a secure instant personal credit loan servicing platform. InstaNova has partnered with PSPR and is a registered NBFC with RBI to provide easy and quick loans to individuals in need of quick financial assistance.

With Instanova, the application process is simple. You can apply for a personal loan from the comfort of your home with just a few taps on your phone. Now there is no need for lengthy paperwork or frequent trips to the bank. You can do everything easily through the app.

InstaNova Personal Loan Highlight

Application NameInstaNova Loan App
Rate of interestMaximum 33% per annum
loan amountup to Rs 30,000
loan period92 to 182 days
processing feeFrom 0.5% to 2.50%

Instanova Personal Loan

Anyone above 18 years of age can take a personal loan from InstaNova App. Savior can avail a maximum loan of Rs 30,000 with a repayment period ranging from 92 to 182 days. You can use this loan amount to finance your dream vacation, pay unexpected medical bills, or start a small business venture, etc.

Instanova Personal Loan Interest Rates

InstaNova Personal Loan interest rates go up to a maximum of 33% per annum. However, no information has been provided about its initial interest rates.

It is worth noting that there are many factors that affect these rates, including your credit history, income, employment, loan amount and tenure. If you have a good credit history, you can expect to get the loan at attractive rates.

Eligibility Criteria for Instanova Personal Loan

To be eligible for InstaNova Personal Loan, you must meet the following eligibility criteria:-

  • You must be an Indian citizen.
  • Must be at least 18 years of age.
  • You must have a mobile number and bank account.
  • Must have valid ID card.

Documents required for InstaNova Personal Loan

When you are ready to apply for Instanova Personal Loan, you will need the following documents:

  • Your latest salary slip or latest bank statement
  • KYC Documents (Aadhar Card and PAN Card)

Features and Benefits of Instanova Personal Loan

There are many benefits of taking personal loan from InstaNova App, which are given below:-

  • Quick and easy online application: When you need money, you need it fast. That’s why Instanova offers an easy online application process that can get you approved for a loan in minutes.
  • Competitive Interest Rates: The Instanova app offers some of the most competitive interest rates, so you can be sure you are getting a good deal on your loan.
  • Flexible Repayment Options: InstaNova App offers flexible repayment options to suit individual needs and budget. You can choose to repay your loan over a tenure of 92 to 182 days, making it easy to fit your loan repayments into your monthly budget.
  • No hidden fees or charges: There are no hidden fees or charges with Instanova Personal Loan, so you will know how much you will have to pay even before you apply for the loan.
  • Bad Credit Options: Even if you have bad credit, you may still be able to qualify for an InstaNova Personal Loan. This is because they offer bad credit loans with higher interest rates and less favorable terms than their standard loans.

How to apply for Instanova Personal Loan?

Applying for an InstaNova Personal Loan is a quick and easy process that can help you achieve your financial goals in no time. Here’s how you can get started:

  • Visit the Instanova website or download the app: To start your loan application, simplyInstanova website Visit or download their app from your app store.
  • Register: Open the app and register yourself through OTP by entering your mobile number.
  • Check Eligibility: Once you reach the platform, check your eligibility by providing some basic personal information.
  • Profile Verification: If you are eligible for the loan then verify your profile by uploading the KYC documents.
  • Bank Details: Now enter your bank related information like account number etc.
  • Loan amount and tenure: Select the amount of money you wish to borrow as well as the repayment period and click Apply.
  • Waiting Approval: Wait for the loan to be approved. The loan amount will be deposited directly into your bank account within no time.

InstaNova Personal Loan Customer Care
AddressGround Floor, No. 13/1, Embassy Signet, Embassy Tech Square, Kadubeesanahalli Village, Varthur Hobli, Bengaluru – 560103

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