Here is all you need to know about Olyv (formerly known as SmartCoin) Personal Loan
Avail Instant Personal Loans ✓ Loan up to 50 Lakhs ✓ Quick Disbursal ✓ Minimum Documentation!
If you are looking for a short-term personal loan to meet any urgent financial needs, consider applying for Olyv Personal Loan on Bajaj Markets. With this, you can borrow amounts of up to ₹1 Lakh for tenures of up to 12 months. These affordable loans are available at interest rates starting from 1.5% per month.
The Olyv Personal Loan interest rates are as follows:
Interest Rate |
1.5% to 2.5% per month |
Processing Fee |
2% - 12% |
*Disclaimer: The aforementioned rates and charges are subject to constant change at the lender’s discretion.
Features and Benefits
Loan Amount
You can borrow amounts ranging from ₹1,000 to ₹1 Lakh with this loan
Quick Processing
Thanks to an end-to-end digital process, loan applications are processed instantly
Flexible Tenure
Repay the loan over a flexible repayment period, ranging from 2 to 12 months
Minimal Documentation
You need to submit only an ID proof and address proof to apply for this loan
Zero Collateral
You don’t need to submit any asset as collateral to get this loan
Rapid Disbursal
Once approved, the amount will be credited to your account within 5 to 10 minutes
Here are the Olyv Personal Loan eligibility criteria you must fulfil to qualify for the loan:
You should be either salaried or self-employed
You must fall under the age bracket of 21 to 50 years
If salaried, you must have a monthly income of at least ₹20,000
If self-employed, you must have a minimum monthly income of ₹25,000
Now that you have understood the eligibility requirements, let us now delve into the documents required to apply for this loan:
ID proof: Any one of the following
Aadhaar card
PAN card
Address proof: Any one of the following
Aadhaar card
Utility bills
You can apply for this loan on Bajaj Markets by following these simple steps:
Click on the ‘Apply Now’
Enter required personal details such as age, name, income, etc.
Choose ‘Olyv’ from the list of lending partners
Enter your preferred loan amount and repayment tenure
Submit the application
Following this, an executive will reach out to you for further proceedings.
Reference of all T&C necessarily refers to the terms of the Partners as regards to pre-approved offers and loan processing time amongst other conditions.
FAQs
What is the minimum amount that can be borrowed with Olyv Personal Loans?
The minimum loan amount that you can borrow is ₹1,000.
How long will it take for the Olyv Personal Loan amount to be disbursed?
Once approved, your loan amount will be disbursed in 5 to 10 minutes.
Is Olyv authorised by the RBI?
Yes. Olyv is an RBI-authorised financial services company.
