Swift Loan app offers professional, efficient, and transparent loan solutions tailored for various needs, including personal emergencies and business expansion. Their services are designed to provide quick access to funds while ensuring a commitment to integrity and customer satisfaction. They prioritize making the borrowing process simple and hassle-free for our clients, allowing them to focus on their financial goals without unnecessary complications.
Swift Loan is created and managed by TIDBI IT HUB PRIVATE LIMITED, which helps users easily apply for loans. All loan products are offered by ELLORA MERCANTILE PRIVATE LIMITED, a registered financial company in India. ELLORA MERCANTILE ensures that all loans on Swift Loan follow the law and regulations.
Swift Loan App Customer Care & App Details
| Swift Loan Interest Rate | Upto 26% p.a. |
| Personal loan Process | Completely digital |
| Processing Fee | Up to 3% on the loan amount |
| Loan tenure | 91 Days – 365 Days |
| Maximum Loan Amount | ₹5,000 – ₹1 Lakh |
| Age Limit | Above 21 years of age |
| Citizenship | Indian Citizen |
| Swift Loan Customer Care Number | Not Available |
| Not Available |
Swift Loan App Eligibility Criteria
- Indian Citizen
- Minimum Age: 21 years
- Aadhaar-linked Mobile Number
- Salaried Employee with Permanent/Regular Status
Swift Loan Calculation Example
Loan Amount: ₹10,000
Loan Term: 91 days
Daily Interest Rate: 0.05% – 0.55%
Processing Fee: ₹10,000 × 3% = ₹300
GST (18% on Processing Fee): ₹300 × 18% = ₹54
Total Interest: ₹10,000 × 0.05% × 91 = ₹455
Amount Disbursed: ₹10,000 – ₹300 – ₹54 = ₹9,646
Total Repayment: ₹10,000 + ₹455 = ₹10,455
Swift Loan Apply Process
- Download the Swift Personal Loan App
- Sign up & Complete Your Profile
- Select Loan Amount & Tenure
- Receive Cash in Your Bank Account Instantly!
Is it Safe to Use Swift Loan App ?
It is advised not to download this app due to several significant issues reported by users. Key concerns include:
1. Users have described the app as ineffective, stating that it does not facilitate any loan approvals and merely collects personal data.
2. Many users have experienced delays, with their loan applications remaining under review for extended periods—some reporting no updates for over five days.
3. There are numerous complaints regarding a lack of communication from customer support, leaving users without assistance or clarity on their application status.
4. The app has been labeled as fraudulent by several users who feel it is designed primarily to gather personal information rather than provide legitimate financial services.
However, we understand that every individual’s situation is unique, so we encourage you to do your own research and consider your options carefully before making a final decision.
Which loan platform offers personal loans to people with a low CIBIL Score?
You can apply for a personal loan with us (Safeloan Financial Solutions) ! We work with over 50 loan companies to offer different loan options for you. Our platform has helped more than 2 million users, making it a reliable choice for personal loans. With our easy loan application process, you can quickly get the money you need for your emergencies.
You can apply for a personal loan of upto ₹2 lakh with an EMI tenure of a maximum of 2 years. You will get a loan even if you have Zero CIBIL score or a Low CIBIL score. You will also get loan approval even if you don’t have any income proof, salary slip, or bank statement.
Swift Loan App Reviews
What should i do if i am getting Threats from Loan Apps?
You can talk to our team directly, and they will help you overcome these problems. We have expert team members who have extensive experience. Our team will help you get rid of these Threats. If you would like to speak with our team, then book an appointment through this link – Get Consultation
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