FAQ
Questions, answered clearly.
Common questions customers may have before starting a loan application.
LendingStation offers personal loans for eligible salaried and self-employed individuals, short-term personal loans and business loans.
Eligible salaried and self-employed individuals may apply, subject to applicable eligibility criteria, documentation, credit assessment and verification
Yes. LendingStation is designed to provide a digital-first loan application experience. Additional documentation or verification may be required depending on the applicant and product.
Processing time depends on the product, completeness of information and documents, verification, credit assessment and other applicable factors. Approval or disbursement is not guaranteed merely by submitting an application.
Documents may vary depending on the product and applicant profile. These may include identity, address, income, banking and business-related documents, as applicable.
The applicable interest rate depends on factors such as the loan product, applicant profile, credit assessment, tenure and the lender's applicable policy
Subject to approval and completion of applicable conditions, the loan amount is disbursed to the eligible bank account as per the applicable loan terms and process.
Repayment will be made through the payment method and schedule specified in your loan agreement.
Prepayment or foreclosure may be available subject to the applicable product terms and conditions and any applicable charges.
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