L&T Finance PLANET - Loan App vs IndiaLends - Instant Loan App Usage & Stats

Welcome to PLANET by L&T Finance, a trusted NBFC online instant loan app with 1 crore+ users. As one of India's most reliable and easy loan app services with flexible repayment options, we ensure a quick and secure experience. As part of the L&T group, a trusted financial service, our finance apps make online loans easier for you. Discover simplicity with PLANET for instant loan approvals. What makes the PLANET by L&T Finance company stand out: ● Find your loan needs under one roof ● Track and manage your loans ● Fulfil your dreams with personal loans from our instant personal loan app and get instant credit ● Access your transaction history anytime and be in control of your loan finance. ● Get documents like Repayment Schedule, Interest Certificate, NOC Kit, Loan Account Statement, and more for your instant loans with just a few taps ● In addition to quick approval, gain payment flexibility with easy EMIs. ● View, update, and personalize your profile and bank mandate details anytime, add a personal touch with a photograph ● Pay EMI online using a Debit Card, BHIM UPI, Wallets, and Net Banking ● Secure transactions protected by MPIN & biometric login ● Multilingual interface for diverse users Your standard finance loan app: ● Instant Loan Features: If quick solutions are what you need, our instant loan app helps you avail personal loans fast, with rapid processing & instant credit score checks, leading to quick disbursal convenience. ● A financial push: Want to get a new bike or TV? With PLANET by L&T Finance, acquiring a bike loan, a TV loan or easy personal loans is very convenient. ● User-Friendly Interface: The clean and easy app layout helps PLANET by L&T Finance stands out from other personal loan apps in India. Whatever your profession is, PLANET by L&T Finance caters to a diverse audience, making it easy to get a personal loan for salaried and self-employed people alike. ● Comprehensive Financial Suite: More than just an NBFC loan app, PLANET by L&T Finance is the best online loan app for all your financial needs. Whether you need, a personal loan, two-wheeler loan, micro loan, professional loan, or home loan, apply on PLANET App with ease. Highlights of our Online Personal Loan services: - Finance Amount: ₹50,000 to ₹25Lakh - Repayment Tenure: 12 to 60 months - Annual Percentage Rate (APR): 10.5% to 26% reducing - Processing Fees: 0% to 3% For example: - Loan Amount: ₹ 10,00,000/- - Interest Rates: 12% p.a. on a reducing basis - Tenure: 48 months - Processing Fee (PF): 2% (₹ 20,000/-) - Broke Period Charge (BPC): 0.7% flat (₹ 7,000/-) In this case, the actual loan details will be: - Net disbursement amount - ₹9,80,000/- (Loan amount – PF) - Estimated EMI: ₹ 27,225/- If you have opted for any insurance product, value of such insurance product will be added to the loan and the EMI will increase accordingly. Privacy Policy URL - https://www.ltfs.com/privacy-policy *T&C Apply The PLANET by L&T Finance app is your very own "loan dene wala app", a one stop solution for all your financial needs specializing in reliability and efficiency. Join the PLANET by L&T Finance family for a smooth journey with personalized loan options and services. Get started with 7 easy steps to install this loan app online: 1. Download & open the app. 2. Allow permissions as per your wish. 3. Select your preferred language from the list and discover the app’s features. 4. Enter your personal details to register for the first time. 5. Enter your mobile number. 6. Verify your number with the OTP sent and set a PIN of your choice. 7. Log in to your account and avail offers based on your personal loan eligibility. For feedback on our online loan app, mail us at ltfs-mobileapp@ltfs.com
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IndiaLends is an online marketplace for credit products and offer free credit report, range of credit cards and personal loans from different Banks and NBfcs. IndiaLends offers instant personal loans to its customers with most products being fully digital. IndiaLends also provides technology, data and credit analytics solutions along with a loan management platform to financial institutions. IndiaLends is run by a team of credit risk professionals and data scientists with multiple years of experience in consumer credit. Product features: Personal loan Get personalized personal loan offers up to ₹25 lacs at interest rates starting 10.25% for a tenure ranging from 1 year to 5 years. The app selects the best suitable Banks/NBFCs offering minimal interest rate and easy approval based on your personal loan eligibility. IndiaLends has associations with over 50+ banks and NBFCs including BAJAJ FINANCE LIMITED, IDFC FIRST Bank Limited etc. Personal Loan Eligibility Age - 18 years - 60 years Employment Type - Salaried/Self-Employed Minimum Net Income (monthly) - ₹10,000 Work Experience - Salaried for at least 6/12 months or Self-Employed for at least 3 years Tenure: (Min) 6 to (Max) 60 months Interest Rate ranging from 10.25% to 25% depending on customer’s credit and risk profile Representative Example With a representative 25% APR based on borrowing ₹ 5 lacs and repaying over 60 months with 60 monthly repayments, the monthly repayments will be ₹ 14,676 which can be paid within a tenure of 60 months. The total payout here would be: Principal Amount – Rs 5,00,000 Interest Charges (@25%): Rs 3,80,540 Loan processing Fee (@2%): Rs 10,000 Documentation Charges: 400 Amortization Schedule charges: 150 Total cost of the loan: Rs 8,91,090 Our Lending Partners: Clix Capital Services Private Limited PaySense Services India Private Limited Axis Bank Limited BHANIX FINANCE AND INVESTMENT LIMITED Piramal Capital & Housing Finance Limited Whizdm Innovations Private Limited’s LENDINGKART Finance Limited Rupeek Fintech Pvt Ltd Ruptok Fintech Pvt Ltd Flat White Capital Pvt. Ltd. Tata Capital Financial Services Limited BAJAJ FINANCE LIMITED Bridge Fintech Solutions Private Limited HDFC Bank Limited ICICI Bank Limited Kotak Mahindra Bank Limited YES BANK Ltd IndusInd Bank Limited InfoCredit Services Private Limited Kisetsu Saison Finance India Private Limited IIFL Finance Limited InCred Financial Services Limited L&T Finance Limited Ditya Finance Private Limited Finnovation Tech Solutions Pvt. Ltd. SOCIAL WORTH TECHNOLOGIES PRIVATE LIMITED Maybright Ventures Pvt. Ltd. MWYN Tech Private Limited IDFC FIRST Bank Limited Citi Bank India Limited Standard Chartered Bank PLC State Bank of India Freecharge Payment Technologies Private Limited *Please note the processing fee can vary from 1.5% - 6%. The figures provided are indicative and subject to change from time. * However, in case of change of payment mode or any delay or non-payment of EMIs, additional charges / penal charges may also be applicable, depending on the lender's policy Credit Card With the IndiaLends app, get credit card suggestions from 40+ options and select the credit card that best suits you. Some of the credit card providers associated with us are ICICI Bank, HDFC Bank, American Express, SBI, Kotak Mahindra Bank, Citibank, RBL and Yes Bank. Free Credit score / Cibil Score At IndiaLends app, check your free Credit Score / Cibil Score worth ₹1200 and get a detailed analysis of your credit report / Cibil Report and tips to improve your score. Our latest feature allows you to refresh your credit report and know why your credit score has changed.
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L&T Finance PLANET - Loan App vs. IndiaLends - Instant Loan App ranking comparison

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L&T Finance PLANET - Loan App VS.
IndiaLends - Instant Loan App

December 11, 2024