Fibe Personal Loan
Earn ₹20,000 a month? Apply for a Fibe Personal Loan with easy eligibility and make your dreams happen.
Why Choose Fibe
Loan with a ₹20,000/m salary
Affordable interest rates
Flexible repayment options
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Fibe Finance Personal Loan
Fibe (formerly EarlySalary) is a one-stop financial solution helping individuals to fulfill their financial needs without any hassle. Offering a range of financial services, it also provides personal loans at competitive rates.
With easy-to-meet eligibility criteria, Fibe primarily focuses on offering personal loans to salaried employees. The Fibe personal loan can be used for any purpose - home renovation, buying a car, higher education, medical expenses, travelling, etc.
Fibe personal loan interest rates in 2026
The interest rate is the rate at which the loan is borrowed. It is one of the major factors that borrowers should consider when choosing a loan amount, tenure, etc. The Fibe personal loan interest rate in 2026 starts from 18% p.a.
The rate of interest is affected by a number of factors, such as age, salary, credit score, and monthly expenses, employment type, location, etc.
What are the eligibility criteria for a Fibe personal loan?
Fibe mainly focuses on lending money to the salaried employees. With easy-to-meet eligibility criteria, individuals can apply for a personal loan of up to ₹10 lakh.
Fibe offers two categories for personal loans. Applicants can select from either of the categories - ‘by amount’ or ‘by salary’ to get the loan, depending on their convenience and ease.
To understand more about the Fibe personal loan eligibility criteria, take a look below:
| Factors | Criteria | Why is this required? |
|---|---|---|
| Age | 21 - 55 years | To determine loan repayment capacity. |
| Employment type | Salaried | To understand the income type, stability and risk involved. |
| Minimum salary | ₹18,000 (metros) ₹15,000 (non-metros) | For risk mitigation and ensuring income stability. |
| Identity proof | Yes, a valid identity proof | For verifying the identity. |
| Address proof | Yes, a valid address proof | For confirming the residence/address. |
| Income proof | Yes (depending on the employment type) | For risk assessment and repayment capability. |
| Credit score | Good score | For risk evaluation, determining interest rates, loan approval/rejection and understanding the creditworthiness. |
Note: Apply for a personal loan only after thoroughly checking the eligibility criteria to avoid the possibility of rejectio
What are the documents required for a Fibe personal loan?
When applying for a personal loan, the applicants have to submit some documents for identity, residence and income verification. Providing valid documents builds trust, confidence and helps loan providers to assess the risk involved, determine the interest rates, repayment tenure and loan amount.
When applying for a Fibe personal loan, keep these documents handy:
| Document type | Documents | To determine loan repayment capacity. |
|---|---|---|
| Photograph | Clear selfie of the applicant | To understand the income type, stability and risk involved. |
| Identity proof | Passport/PAN card/Aadhar card/Driving Licence | For risk mitigation and ensuring income stability. |
| Address proof | Passport/Utility bills/Voter’s ID/Rent agreement | For verifying the identity. |
| Income proof (Salaried) | Last 3 months’ bank statement (showing income credited) Bank statement |
Note: Depending on the profile, the loan provider may ask for any other document/(s), if required.
Fibe personal loan fees & charges 2026
A personal loan carries with it a few fees. The various charges involved in the Fibe personal loan as of March, 2025 are:
| Type of Fee/Charges | Rate (%) | Description |
|---|---|---|
| Interest rate | 18% p.a. (starting) | The cost of borrowing. Fibe charges interest on the reduced balance method. |
| Processing fees | 2% of the loan amount + GST (starting) | This is a one-time, non-refundable fee for processing the loan application. |
| Annual Percentage Rate (APR) | 18% p.a. (starting) | The total yearly cost of a loan or the cost of borrowing. |
| Bounce charges | ₹500 + GST | Penalty imposed by the lender for not receiving the EMI on the proposed date, due to insufficient balance or any other reason. |
| Late payment charges | ₹500 + GST Or, 3% of the total loan amount (whichever is higher as per the overdue amount) | Penalty imposed by the lender if EMIs are missed. |
| Stamp duty | 0.1% of the loan amount | A mandatory state government tax imposed to ensure the legality and validity of the loan agreement. |
| Mandate rejection charges | ₹250 + GST | Penalties imposed on the borrower if the EMI amount is not auto-debited due to expired mandates or any other related reason. |
| Foreclosure charges | NIL | To preclose the loan. |
How to apply for a Fibe personal loan online on Park+?
The application process for the Fibe personal loan is simple and can be performed easily online. The simple to perform steps include:
Step 1. Visit Park+ and go to the ‘Personal Loan’ section.
Step 2. Provide the key details - name (as per PAN card).
Step3. Select the employment type - salaried or self-employed.
Step 4. Click on ‘Check Now’ after reading the undertaking.
Step 5. Check the Fibe personal loan offers, interest rates and complete the application.
Note: Try using the personal loan EMI calculator to pick the loan amount that suits your budget.
Why opt for a Fibe personal loan?
Fibe is undoubtedly one of the leading personal loan providers in India.
The other key highlights that make it stand out are:
- Affordable interest rates: Fibe offers affordable interest rates on personal loans, making it easy for individuals to repay the loan.
- Flexible tenure: Fibe allows flexible repayment tenure, allowing applicants to choose the tenure they find suitable, from 6 months to 3 years.
- No loan limitation: Fibe helps people re-apply for multiple times after clearing the previous loans.
- No restriction on usage: The loan amount can be used for any valid purpose.
- Alerts: Fibe keeps its users notified by sending them alerts or notifications to help them stay updated.
Park+ pulls together all the leading personal loan providers, easing the journey of individuals to find trusted lenders. Individuals can simply enter the basic details in the above box after checking the eligibility criteria and find the best loan offers in no time.
Top Benefits of Fibe Personal Loan
Competitive interest rates
Fast approval & quick disbursal
Minimal documentation
Flexible repayment tenure
Fibe personal loan details
Loan Details | Information |
|---|---|
Interest Rate | 18% p.a. (starting) |
Loan Amount | Up to 10 lakh |
Tenure | 6 - 36 months |
Processing Fee | 2% of the loan amount + GST (starting) |
Pre-closure charges | NIL |
Late payment charges | ₹500 or 3% of overdue amount + applicable charges (whichever is higher) |
How to apply for an Fibe personal loan on Park+
Step 1
Enter Key Details
Initiate the personal loan application process by providing some key information - personal and employment details.
Step 2
Upload KYC and Income Proofs
Upload the clear copies of the KYC documents and income proof based on the employment type for quick verification.
Step 3
Set EMI autopay for quick disbursal
Activate EMI Autopay today and enjoy a smooth disbursal process for L&T Finance personal loan. Ensure timely payments with automated EMIs.
How to apply for an Fibe personal loan on Park+
Documents required for the Fibe personal loan application for salaried
Documents play a vital role in the application and approval of the Fibe personal loan. The documents might depend on the employment type. Know the required documents and apply for a personal loan today.
Documents required for the Fibe personal loan application for self-employed
Self-employed professionals have to submit the bank statements when applying for a personal loan.
Who is eligible for loan
Residency
Indian Resident
Age
19-55 years
Minimum Salary
20,000 per month
Other loan providers
Personal Loan EMI Calculator
Principal Amount
₹0.00
Interest Amount
₹0.00
Total Amount Payable
₹0.00
EMI per month
₹0.00
Testimonials
Aman Jha, Mumbai
Personal loan customer at Park+
Verified User
Compared interest rates on every platform I could find. Park+ still offered me the lowest rate. The entire loan journey from checking eligibility to receiving the money felt surprisingly smooth and easy.
2025-09-02
Md. Atif, Noida
Personal loan customer at Park+
Verified User
I did not want to depend on family or friends again. With Park+ the loan was approved in minutes with no explanations and no awkward questions. It genuinely felt like someone finally understood what hassle free lending should be.
2025-12-20
Rajesh Shakya, Delhi
Personal loan customer at Park+
Verified User
When my car broke down, I urgently needed funds for the repair. Park+ Money helped at the right moment. Quick approval, clear communication and the money reached me fast. It honestly saved me from a big inconvenience.
2025-08-24
Suresh Singh, Chandigarh
Personal loan customer at Park+
Verified User
Zero paperwork and zero calls. I did not have to upload multiple documents or wait for long verifications. Park+ directly transferred the money into my account. This was the smoothest and most stress free loan experience I have had.
2025-03-16
Ganesh VV, Chennai
Personal loan customer at Park+
Verified User
I was worried about missing my credit card payment. Park+ made the process effortless. It took less than 5 minutes to get the loan and clear the bill. A fast and reliable option when you need help immediately.
2025-06-20
FAQs
Who can apply for a Fibe personal loan?
Individuals who meet the eligibility criteria laid down by Fibe can apply for its personal loan. Fibe mainly focuses on offering loans to salaried employees.
What is the rate of interest range for the Fibe personal loan?
The rate of interest for the Fibe personal loan starts from 18% p.a., which might go higher depending on the profile and past repayment behaviour of the applicant.
Can I foreclose my Fibe personal loan at zero cost?
Yes, Fibe doesn’t have any foreclosure charges; this means that the applicants can easily foreclose their loan whenever they want.
What if I am not eligible for the Fibe personal loan?
In such a case, Park+ helps you get a personal loan from other providers after checking your eligibility.
Yes, interest rates change depending on the financial profile of the applicant.