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Personal Loan Hero

Get a Personal Loan with Multitude of Benefits

Quid makes applying for a personal loan easier than ever,
with a range of benefits on your side.

Loan amount
High Loan Amount
High Loan Amount

Fuel your bigger aspirations

Quick Disbursals
Quick Disbursals

Get your loan amount quickly in your account

Collateral Free Loan
Collateral Free Loan

Eliminate risk with an unsecured credit facility

Flexible Repayment
Flexible Repayment

Choose to repay in your capacity with a long-tenure

100% Paperless
100% Paperless

Enjoy a paperless digital process from start to finish

Best Personal Loan Offers from Top Banks

Find more details on the personal offers from
leading banks.

HDFC

Loan Amount*

Rs. 40L

Int. Rate*

10.50 onwards

Loan Tenure

12 - 60 months
SBI

Loan Amount*

Rs. 20L

Int. Rate*

10.55% onwards

Loan Tenure

6 - 72 months
ICICI

Loan Amount*

Rs. 50L

Int. Rate*

10.80% onwards

Loan Tenure

12 - 72 months
Axis

Loan Amount*

Rs. 40L

Int. Rate*

10.49% onwards

Loan Tenure

12 - 60 months
Kotak Mahindra Bank

Loan Amount*

Rs. 40L

Int. Rate*

10.99% onwards

Loan Tenure

12 - 60 months

Disclaimer: The interest rate charges are subject to constant change as they are affected by several factors. Please check the prevailing interest rate with your lender before applying.

Personal Loan Details

Find the required details you need to know before applying
for a personal loan.

Interest Rate: 10.50% p.a. onwards
Loan Amount: Up to Rs 7 lakh
Tenure: Up to 60 months
Minimum Salary: Rs 20,000 per month
Age: 18-55 years
Processing Fee: As applicable by Partner

Eligibility Criteria for Personal Loan

We aim to make credit accessible for all. Our basic eligibility criteria allow you to obtain
a personal loan hassle-free. Refer to the criteria below before proceeding.

age
Age

18 - 55 years

Nationality
Nationality

Indian

Bank Account
Bank Account

You must receive an income in your bank account

Documents You Need to Opt for a Personal Loan

Quid provides a fully digital, paperless personal loan application process. You'll need a few essential documents to complete your application. Here's what you need:

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  • Identify Proof: Aadhar card, PAN card, Driver’s license, Passport, Voter ID card, etc.
  • Address Proof: Utility bills, Voter ID card, Passport, etc.
  • Income Proof: Bank account statement, Salary Slip (for salaried individuals), Audited financial record (for self-employed individuals).

Get Your Personal Loan in a Few Steps

Applying for a personal loan couldn’t be simpler! Follow these easy steps to get closer to your personal loan.

Get Your Personal Loan in a
Few Steps

Applying for a personal loan couldn’t be simpler! Follow these easy steps to get closer to your personal loan.

Eligibility
Verify your identity
Your Information
Declare your information
Compare & Apply
Submit your application
Match & apply
Match and apply
Approval
Get instant approval
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Personal Loan FAQs

You get a diverse range of personal loan options with competitive interest rates. Our streamlined process ensures a fast and convenient application. Transparent terms, credit score improvement, expert guidance, and top-notch security make us the ideal platform for your borrowing needs.

No, Quid follows a no-questions-asked policy. You need not disclose the purpose of the loan and are free to use it for any financial need.

You can get personal loans starting from Rs. 3,000 up to Rs.50 lakhs from 3 months to 5 years.

An interest rate of a loan is defined as the percentage charged on the principal amount given by the lender to the borrower. The Annual Percentage Rate (APR) is a method of computing the annualized cost of credit, which includes both the interest rate and any processing fees associated with the loan. APR indicates the actual cost of borrowing money and is expressed as a percentage.
For example, if you apply for a Personal Loan of Rs. 1,00,000 with an interest rate of 12%, tenure of 12 months, and processing fee of Rs. 1000, the loan's APR is 14%. This means you will pay back Rs. 1,14,000 at the end of the contracted tenure.

Processing fees may vary depending on the lender and the type of loan you choose. It's crucial to carefully review the terms and conditions of each loan offer to understand any associated fees. While some lenders may charge a processing fee, others may not.
Our platform provides transparency, and you will be informed about any applicable fees before finalizing your loan application. Additionally, remember that our loan aggregator services are free for users. We do not charge fees for using our platform to compare and access loan options.