Lenditt Loan Review, App Download, Eligibility, RBI Approved?

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Lenditt Loan is one of the best loan apps in India revolutionizing the lending experience. In this guide, we will walk you through the features, benefits, and processes associated with the Lenditt loan how it provides a seamless and secure way to obtain personal loans, and how to invest in gold and silver online.

Lenditt stands as a reliable and trusted personal loan provider, registered with RBI (the Reserve Bank of India).

Why Choose Lenditt?

Lenditt offers an array of benefits that make it one of the best online personal loan apps in India:

Instant Loan Approval: Need funds urgently? Lenditt’s instant loan approval ensures you receive the financial support you need within minutes.

Small Loan Option: If you’re in need of a small personal loan, Lenditt can provide cash loans up to ₹50,000/-.

Easy Application Process: Applying for a personal loan with Lenditt is effortless due to its intuitive online application process.

Trusted and Reliable: Lenditt is a name you can trust. Being an RBI-registered online loan app, it adheres to the highest standards of integrity and security.

Flexible Repayment Plans: Lenditt understands that everyone’s financial situation is unique. Hence, it offers flexible repayment plans to suit your individual needs.

Lowest Interest Rates: Lenditt offers some of the most competitive interest rates in the market, thanks to its cutting-edge algorithm.

Exploring Lenditt Loan Features

Lenditt comes with a range of features that enhance the lending experience:

  • Minimum Processing Charges: Starting from Rs. 500.
  • Repayment Period: 61 Days to 90 Days.
  • Maximum Annual Percentage Rate (APR): Varies from 54.75% to 72% based on the risk profile of the customer.
  • 100% Paperless Loan Application: Convenience is paramount, and Lenditt ensures a hassle-free experience.
  • No Foreclosure Charges: Freedom to repay the loan at your convenience without additional charges.
  • No Guarantors or Collaterals: Simplifying the loan process by eliminating the need for guarantors or collaterals.
  • Multiple Repayment Methods: Flexibility in choosing how you want to repay your loan.
  • Sanction Letter in 30 minutes: A quick process to get you started on your financial journey.
  • No Subscription or Upfront Fees: Transparent processes without hidden charges.
  • Quick Turnaround Time (TAT): Swift and efficient processes, from registration to disbursement, in less than 10 minutes.

Interest Rate

Lenditt offers transparent interest rates and charges to make informed financial decisions. Their Interest rates range from 0.15% to 0.50% per day depending on the risk on the user’s profile. Users are charged 6.5% or 1% of the loan amount as processing charges, along with GST. Also, a nominal charge of ₹ 300 is applicable as stamp duty charges.

To illustrate the costs, consider a loan amount of ₹ 30,000 with an interest rate of 54.75% p.a. and a loan duration of 65 days. The total interest would amount to ₹ 2,925, and the processing and documentation charges, along with stamp duty, sum up to ₹ 2,550. Therefore, the in-hand amount would be ₹ 27,045, with a total repayable amount of ₹ 32,925.

*Note: the interest and charges mentioned above are indicative and may vary based on individual profiles.

Lenditt Eligibility

There are specific eligibility criteria that applicants need to meet to qualify for a loan. Here’s a detailed breakdown of the eligibility requirements for a Lenditt loan:

1. Indian Citizenship

To be eligible for a Lenditt loan, you must be a citizen of India. This criterion ensures that the services provided by Lenditt are tailored for the Indian market and comply with the country’s regulatory framework.

2. Age Criteria

  • Minimum Age: The applicant should be above the age of 25 years. This criterion ensures that the borrowers are financially mature and capable of handling a loan responsibly.
  • Maximum Age: While there is no maximum age mentioned in the provided information, it’s important to note that some financial institutions may have an upper age limit for loan eligibility.

3. Employment Status

Lenditt offers personal loans to salaried individuals. Therefore, you should have a stable source of income through employment to be eligible for a loan. This ensures that you have a regular stream of income to repay the loan.

4. Minimum Monthly Income

The applicant should have a minimum take-home salary per month of ₹4,000. This criterion acts as an assurance for the lender regarding your repayment capacity.

Lenditt Loan Limit and Repayment

Let’s delve into the details and specifics of Lenditt loan to give you a clear picture of what you can expect:

Loan Amount and Repayment

  • Loan Amount: Lenditt offers cash loans ranging from ₹ 10,000 to ₹ 50,000.
  • Repayment Period: You have a repayment window of 61 to 90 days.

How to Apply for Lenditt Loan

Getting a loan with Lenditt is a simple, user-friendly process. Here’s a step-by-step guide on how to apply:

  1. Download the App: Begin by downloading the Lenditt app from the Google Play Store.
  2. Registration: Complete the registration process by providing your name, mobile number, and email ID.
  3. Verification: Verify your identification through the e-KYC process for a seamless experience.
  4. Provide Employment Details: Furnish your employment details to proceed with the loan application.
  5. Loan Evaluation: Lenditt evaluates your loan eligibility using its proprietary algorithm, considering credit bureau data and financial SMS data.
  6. Choose Loan Amount and EMI: Based on the evaluation, select your desired loan amount and the corresponding EMI.
  7. Bank Details and Agreement: Provide your bank account details and complete the e-mandate for direct debit for loan repayments. Review and accept the loan agreement.
  8. Loan Disbursement: Once the agreement is signed, the loan amount is disbursed and credited to your designated bank account.

Lenditt Other Services

In addition to providing personal loans, Lenditt offers a platform to buy and invest in digital gold and silver. Here are the advantages of using Lenditt for gold and silver investments:

Buy Anytime, Anywhere: Lenditt allows you to purchase gold and silver at your convenience, wherever you are.

Certified 100% Secure: The gold and silver offered by Lenditt are authenticated and 100% secure, giving you peace of mind.

Sell Anytime: You can sell your gold and silver anytime awEnd have the money transferred to your bank account.

Convert to Physical: Lenditt provides the option to convert your digital gold into physical gold and have it delivered to your home.

Contacting Lenditt Customer Care

For any queries or assistance regarding Lenditt’s personal loans or services, you can reach out to their customer care at support@lenditt.com.

Is Lenditt Legit? Registered with RBI?

Yes. Lenditt is both Legit and registered with RBI. Lenditt stands as a trusted and reliable loan provider, registered with the Reserve Bank of India. Its adherence to high-security standards and compliance with regulatory bodies validate its legitimacy.


In conclusion, Lenditt stands as a reliable and efficient online platform for securing personal loans. With its easy application process, competitive interest rates, and multiple benefits, it caters to the diverse financial needs of individuals.

Moreover, Lenditt’s foray into the world of digital gold and silver investment further broadens its appeal, providing users with a secure and convenient way to invest in precious metals. Always remember to thoroughly understand the terms, interest rates, and repayment structures before committing to any loan application through Lenditt.

All rights reserved. Do not copy, rewrite or republish this content, in part or in whole, without proper credit to the source.

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About the Author: Femi Olawole

Femi Olawole is a seasoned blogger with interest on providing helpful Contents on online loan apps, Tech and Business.

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