Certainly! Let’s dive into the eligibility criteria for loans from Fibe. Whether you’re considering a personal loan or a credit card, understanding the requirements is crucial. Here’s what you need to know:
Personal Loan Eligibility Criteria:
Age: You must be between 21 and 55 years old.
Minimum In-Hand Salary:
In metro cities: ₹18,000
In non-metro cities: ₹15,000
Residency: You should be a resident of India.
So, if you meet these criteria, you’re well on your way to applying for a personal loan with Fibe! You can download their app or visit their official website to get up to ₹5 lakhs directly in your bank account within minutes12.
Credit Card Eligibility Criteria:
Age: Typically, eligibility requires falling within the 21-55 years bracket.
Minimum Monthly Income:
In metro cities: Usually around ₹15,000-₹18,000.
In non-metro cities: Similar income thresholds apply.
Indian Residency: You must be a resident of India.
Credit Score: A good credit score (usually above 700) significantly boosts your approval odds.
Debt-to-Income Ratio: A lower ratio indicates better financial health.
Credit History Length: Longer credit histories provide more data for evaluation.
Checking your credit card eligibility has become easier thanks to online tools and pre-qualification processes offered by many banks and financial institutions. You can use online eligibility checkers on their websites or explore pre-qualification offers. These processes typically involve soft credit checks that won’t impact your credit score. If you pre-qualify, it means you have a good chance of being approved when you formally apply.
Remember, each lender may have specific criteria, so it’s always a good idea to check directly with Fibe or any other financial institution you’re interested in. 🌟
Is there anything else I can assist you with? Feel free to ask! 😊
Financial Help India