Paisafatafat: The Fast and Secure Loan Aggregator App

Paisafatafat is a free loan aggregator app available on Android that offers instant personal loans ranging from Rs.5,000 to Rs.20 Lakhs. With a simple and fast application process, you can select from a wide range of flexible repayment plans starting from 6 months to 5 years.

The app uses integrated lenders to provide you with the best loan options. For instance, a loan of ₹1,00,000 with an interest rate of 13% and a repayment tenure of 1 year has a processing fee of 2% = ₹2,000 + GST = ₹2,360 (Line setup fee of ₹499+GST = ₹588/- to be paid before starting the credit line) & monthly EMI of ₹8,932. The total interest is ₹7,181 and the loan repayment amount after 1 year is ₹1,10,129. The maximum Annual Percentage Rate (APR) can go up to 14.5%.

Paisafatafat takes security seriously and ensures your data is safe. It uses a secure HTTPS connection and secures all transactions using 128-bit SSL encryption. The app also promotes responsible lending and partners with lending companies registered with the Reserve Bank of India as Non-Banking Finance Companies (NBFCs).