LoveFund

LoveFund App is an online loan facilitation platform designed to assist users in accessing personal loan services offered by Reserve Bank of India (RBI)–authorized Non-Banking Financial Companies (NBFCs).

The platform collaborates with RBI-authorized NBFCs, such as Vaishali Securities Limited, to support loan information display, application assistance, and repayment-related services through a standardized digital process. LoveFund App does not provide loans or make credit decisions. All lending activities are conducted by the respective partner NBFCs in accordance with applicable Indian financial regulations.

Platform Functionality

LoveFund App enables users to:

View loan product information provided by authorized lending partners

Submit loan applications through a fully digital process

Access clear disclosures on interest rates, tenures, and repayment obligations

Track application and repayment status online

All processes are designed to ensure transparency, data security, and regulatory compliance.

Regulatory & Partner Information

The platform collaborates with RBI-licensed NBFCs. Current lending partner details:

NBFC Name: Vaishali Securities Limited

Registered Address:D- 504, Swati Crimson Daskroi, Shilaj Thaltej Ahmedabad Gujarat 380059

Website: https://www.vaishalisecuritiesltd.com

Email: contact@vaishalisecuritiesltd.com

Core Loan Information

Loan Amount: ₹7,000 – ₹60,000

Loan Tenure: 92 days – 365 days

Annual Percentage Rate (APR): 18% – 24%

Fees: No hidden charges; all applicable costs are disclosed prior to confirmation

Representative Cost Example

Principal Amount: ₹20,000

Tenure: 180 days

Daily Interest Rate: 0.05%

Interest Calculation: ₹20,000 × 0.05% × 180 = ₹1,800

Total Repayment Amount: ₹21,800 = ₹20,000 + ₹1,800

(Actual loan terms may vary based on partner NBFC assessment.)

Data Protection & Security

User data is protected using industry-standard security measures, including 256-bit encryption. All personal and financial data is stored securely within India and processed in accordance with applicable data protection laws. Information is shared only with authorized partners and solely for loan-related purposes, subject to user consent.

Eligibility Requirements

Indian resident aged 18 years or above

Valid Permanent Account Number (PAN)

Verifiable source of income

Active Indian bank account

Important Disclosures

Loan approval, interest rates, and final terms are determined solely by the partner NBFC

LoveFund App does not guarantee loan approval

Delayed or missed repayments may affect the user’s credit profile

Users are advised to review loan terms carefully and borrow responsibly

Technology & Support Information

Technology Provider: PRYNTAFIN TECHNOLOGY PRIVATE LIMITED

Email: legal@pryntafinltd.com

Address: 648/A Om Chamber 4th Flr, Binnamangala 1st

Stage, Indiranagar (bangalore), Bangalore North - Bengaluru, Karnataka 560038 India