Nira Loan App Review: Safe and Convenient Way to Avail Loans


In today’s fast-paced world, people often need instant personal loans to fulfill their needs or to tackle unforeseen expenses. Nira Loan App is a safe and reliable solution for those who require instant loans. In this article, we will review Nira Loan App and provide all the necessary information you need to know before availing of a loan from Nira.

What is Nira Loan App?

Nira is an instant personal loan app that provides loans of up to ₹1 lakh. It is a user-friendly app that allows borrowers to avail of loans without any credit score requirement. Additionally, the interest rate charged by Nira is low, making it a popular choice for borrowers looking for a quick loan.

Nira Loan Eligibility Criteria

To be eligible for a loan from Nira, you need to meet the following criteria:

  • You should have a bachelor’s degree.
  • Your monthly income should be more than ₹12,000.
  • You should be employed for at least six months.
  • You must have an Aadhaar card.

Having a college degree helps build credibility and creditworthiness, which is essential for availing a personal loan from Nira. Moreover, your monthly income reflects your loan repaying capacity, making it crucial to have a monthly income of at least ₹12,000.

Nira Loan Interest Rate and Charges

The interest rate charged by Nira is between 1.67% to 2.25% per month, making it one of the cheapest loan apps in India. Moreover, if you have a high credit score, the interest rate can be even lower. The processing fee charged by Nira is 2.0%, and there are no hidden charges.

Nira Loan Amount and Repayment Tenure

Nira provides loans ranging from ₹10,000 to ₹1 lakh with a repayment tenure of three to twelve months. The loan tenure is flexible, making it easy for borrowers to repay the loan at their convenience.

Nira Loan App Features and Benefits

Nira Loan App has several features and benefits that make it a popular choice among borrowers. Some of its features and benefits are:

  • Easy application process: You can apply for a loan from the comfort of your home via the mobile app or website.
  • Instant loan approval: Your loan eligibility is checked within three minutes, and if approved, the loan amount is instantly transferred to your bank account.
  • No credit score requirement: You can avail of a loan from Nira even if you do not have a credit score.
  • Low-interest rates: Nira charges one of the lowest interest rates in the market.
  • Safe and secure: Nira is an RBI-approved loan app, that ensures that your personal and financial information is safe.

How to Avail a Loan from Nira App?

Applying for a loan from Nira App is a simple and hassle-free process. Follow the steps given below to apply for a loan:

  1. Download Nira App or visit their website.
  2. Click on “Apply Here” and enter your mobile number and OTP.
  3. Enter your personal details, including your name, address, email, and employment details.
  4. Upload the necessary documents, such as your Aadhaar card, salary slip, and six months bank statement.
  5. Submit the application.


Nira Loan App is a reliable and convenient way to avail of instant personal loans. With its user-friendly interface, low-interest rates, and quick loan approval, Nira has become a popular choice among borrowers. Moreover, its flexible repayment tenure and no credit score requirement make it accessible to a broader range of individuals. So, if you need an instant personal loan, Nira Loan App could be the perfect solution for you.

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