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Nira Loan

Last Updated 01st Mar 2021

Lowest Interest Rate 24%
Processing Fee Flat Rs. 500
Loan Tenure 3 Months - 12 Months
Loan Amount ₹ 5,000 - ₹ 1,00,000
Age 21 - 55 years
  • Nira Loan is an instant loan that can be availed through Nira app within 24 hours. These loans are easy loan with no documents and credit history required.
Apply for Personal Loan @ 10.40%* Get upto ₹ 1,000* Cashback


NIRA is a mobile and web-based platform designed to provide instant personal loans with minimal documentation digitally. Driven entirely by technology, the customers can get the credit approved in minutes. Along with instant credit, the application also provides 24*7 customer care services 365 days a year to the customers and offers various products, like cash loans, salary advances, and instant loans making it a popular choice for borrowers. An easy solution to a loan for everyone, getting credit through the NIRA, has the following advantages:

    NIRA Personal Loan

    • NIRA Personal Loan Interest Rate starts from 24%.
    • NIRA charges a processing fee of Flat Rs. 500 on personal loan.
    • Loan tenure of Personal Loan ranges from 3 Months to 12 Months.
    • Get a personal loan of ₹ 5,000 to ₹ 1,00,000 from NIRA.

    NIRA Interest Rate

    NIRA interest rate starts from 24% on personal loan, which is decided based on the income, occupation and credit history of the customer.

    NIRA App Download

    • The application can be easily installed by downloading from the play store. To download the application enter your mobile number.
    • An OTP with the downloading link will then be sent to the number.
    • Users can easily install the application by clicking on the link sent on the mobile number.

    How does NIRA work?

    The process of getting credit through NIRA is quick as the process is entirely online with no physical work. To get a loan through NIRA, one needs to follow the following steps:

    • Checking eligibility: You need to create an account with NIRA to get credit. Once you download the app, you will be required to give some permissions and basic information based on which the app will calculate your eligibility.
    • Filling details: After successfully checking the eligibility criterion, you will need to fill in all the necessary details to get the credit.
    • Providing bank details: You need to submit your bank accounts details for the disbursement of credit to your account.
    • Getting loan: The amount of credit will then be directly transferred to your bank accounts.

    NIRA Personal Loan Documents

    The disbursement of the loan is fast and requires a minimum of documents as compared to other loans. These are the documents that you need to submit for the loan.

    • Photo Identity proof: PAN Card
    • Permanent address proof: Aadhar card / Voter card / Utility bill / Driving license or Passport
    • Your selfie
    • Latest salary slips

    NIRA Customer Care

    NIRA has a dedicated customer care support line. If you are not satisfied with the services provided by the application, you can contact on the customer support line.

    You can either raise your concern or complaint on customer service email .


    What is the interest rate of NIRA?

    NIRA offers affordable and convenient personal loans to salaried employees at an attractive rate of 24%.

    What is Eligibility Criteria of NIRA?

    To apply for credit from the application, one needs to meet the minimal documents and eligibility criteria. Unlike any other loan, it does not require any credit history to avail of the loan.

    • Age of the borrower: Any Indian citizen who falls in the age bracket of 21 to 55 years can get the credit.
    • Loan Amount: It provides credit in the range of ₹ 5,000 to ₹ 1,00,000.
    • Tenure: The credit is provided for a tenure of 3 Months to 12 Months.
    • Income: To avail credit from NIRA, a citizen must have a regular income of ₹ 12,000.
    • Credit score: Getting credit from NIRA is easy as you don’t require any credit history to avail of the credit.

    How do I repay my NIRA loan?

    The credit taken through NIRA loan can be repaid through multiple modes like Debit card, UPI, Netbanking, and wallet.

    How do I get a loan from NIRA?

    The process of getting a loan through NIRA is easy, quick, and affordable. You need to follow these steps to get credit from NIRA.

    • Install the application from the play store.
    • Register yourself via mobile number.
    • Fill in necessary personal details and submit the KYC documents.
    • The application is reviewed online as soon as possible.
    • After reviewing of application, the agreement is signed online, and the loan amount is disbursed.

    Which is the best instant personal loan app?

    There are various personal loan applications like Cashbean, Kreditbee, Cashe, Loantap, Paysense, and Early salary, which provides instant loans at attractive prices. You can compare the rates of these applications on

    Is NIRA a safe site?

    The data shared by NIRA is transferred to the lenders with the consent of borrowers over a secure connection.

    Does NIRA check the CIBIL score?

    No. NIRA provides loans to everyone without any verification of credit history.

    How can I get a salary in advance?

    NIRA provides salary advances to working professionals for overcoming any financial constraint. It offers advances with a limit of ₹ 5,000 to ₹ 1,00,000 at zero credit history.

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    *Terms and conditions apply. Credit at sole discretion of lender subject to credit appraisal, eligibility check, rates, charges and terms. Information displayed is indicative and from collected from public sources. Read More
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