Clear Answers. Confident Decisions.

We believe informed borrowers make better choices. Here are answers to the most common questions about eligibility, approval, and how Snappfin works.

Frequently Asked Questions

What is a personal loan?

−

A personal loan is an unsecured loan that can be used to meet various personal financial needs such as emergencies, travel, education, weddings, or daily expenses.

What can a personal loan be used for?

Who is eligible to apply for a personal loan?

How much personal loan amount can I get?

Is collateral or security required for a personal loan?

How are interest rates decided?

How fast is the loan approval process?

What documents are required to apply for a personal loan?

Are there any processing or assessment fees?

How is a personal loan repaid?

What happens if an EMI is missed?

Can I prepay or foreclose a personal loan?

What happens if I miss an EMI payment?

How can I contact SnappFin customer support?