Branch Personal Loan App 2023: Best Instant Loan App

Branch Personal Loan App is a personal finance app that provides access to the best instant loans without any physical documents. The Branch Loan App is operated by Branch International Financial Services Pvt. Ltd., an RBI-registered NBFC company.

According to the Google Play Store, Branch has over 10 million downloads and a 4.5-star rating in India. The Branch Personal loan app offers loans ranging from ₹750 to ₹50,000 with interest rates ranging from 2% to 30% depending on the risk of customer profile. Repayment terms vary from 62 days to 6 months. The branch enables users to invest their money through P2P investing and get returns up to 12% per year.

Here, we will tell you about the features, benefits, and charges of the Branch Personal Loan App, so you must read this article till the end So that it becomes easier for you to get the loan.

Branch Personal Loan App Review

Article Topic	Branch Personal Loan App
Interest Rate	Competitive interest rates range from 2% to 30% per annum.
Loan Amount	Rs 750 to Rs 50000
Loan Tenure	62 days to 6 months
Documents Required	No Physical documents are required.
Processing Fee	2% + GST

The branch claims to be safe and regulated by all the laws set by RBI for NBFCs, making it 100% safe for the users. You should read the terms and conditions carefully and compare the interest rates and charges with other lenders before applying for any loan. You should also be aware of the risks involved in borrowing money and only borrow as much as you can afford to repay.

Features of Branch Personal Loan App

Branch Loan offers personal loans to meet your financial needs, which you can use to meet expenses like medical expenses, home renovation, etc. Apart from this, it also has many benefits, which are mentioned below.

• It’s a simple and secure way to borrow, save, and improve your financial health from the convenience of your phone.
• Branch App offers instant personal loans ranging from ₹750 to ₹50,000 with interest rates ranging from 2% to 18% depending on the customer
• profile risk. Repayment terms vary from 62 days to 6 months.
• Personal loans do not require any paperwork, collateral, or office visits. You can apply for a loan using your smartphone data and Aadhaar number. You will receive an instant decision, and the money will be credited to your bank account or mobile wallet within a few minutes.
• It has over 10 million downloads in India and a 4.5-star rating, making it one of the most popular finance apps in the country.
• The Branch Personal Loan app enables users to invest their money through P2P investing and get 12% per annum returns.
• It does not charge any late fees or rollover fees. You can get access to larger loans, lower charges, and flexible payment terms when making repayments.
• It offers free credit score checks and helps you improve your credit history.
• This Branch loan app is operated by International Financial Services Private Limited, an RBI-registered NBFC. Some loans are co-lendered with NDX P2P Pvt. Ltd. The branch is regulated by RBI as per all the laws set for NBFCs, making it 100% safe for the users.

Branch Personal Loan App Eligibility Criteria

To take a personal loan from the Branch Loan App, you fulfill the necessary conditions, only after which you can get the loan from here.

• You must be an Indian resident and have a valid Aadhaar number.
• Your age should be between 20 to 58 years.
• Must have a good credit score and history, preferably above 720.

These are the general eligibility criteria for the branch personal loan app. The Branch App may also consider other factors like your repayment capacity, existing loan, and financial behavior to decide on the loan.

Documentation Required for Branch Personal Loan App

The documents required for the Branch Personal Loan App are minimal and hassle-free.

• Your KYC documents, such as Aadhaar, passport, voter ID card, driver’s license, or letter from the National Population Register.
• Your PAN Card.
• It is necessary to have a Bank Account where the loan amount can be deposited.

Branch Personal Loan Interest Rate & Charges

Interest Rate	2% to 30% per annum
Processing fee	2% + GST
Late Payment Charges	3% on the outstanding amount
Stamp Duty	As per State Law

How to apply for a Branch Personal Loan?

To apply for a Branch personal loan, you need to follow these steps:

1. Download the Branch Loan app from the Google Play Store or visit their website.
2. Create an account and provide basic information such as your name, phone number, bank account details, and Aadhaar number.
3. The branch will verify your identity and creditworthiness using your smartphone data and other sources.
4. You will receive an instant decision on your loan application, and the money will be deposited into your bank account or mobile wallet within minutes.

Branch Personal Loan Customer Care Number

You can contact Branch Loan App Customer Care for any assistance related to Instant Personal Loan.

• Mobile Number: +91 9324925330
• Email ID: [email protected]

WeWork BKC, C-20, G Block Road,

G Block, Bandra Kurla Complex,

Bandra East,

Mumbai, Maharashtra 400051

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