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Fibe review

Updated September 28, 2026 · SumCue Editorial Team · Facts checked September 26, 2026

We earn a commission when you sign up through links on this site. Partner status can affect where a brand appears in our rankings. Partners with a live offer in your country come first, then every other brand by score.

Our verdict

Fibe suits salaried Indian residents who want a fixed-rate personal loan arranged, approved and tracked inside the Fibe app rather than a branch. Interest starts at 18% on amounts of INR 50,000 to INR 1,000,000, repaid over 6 to 36 through monthly instalments, and early repayment carries no charge.

Key facts

Best for
Salaried Indian residents borrowing for home improvement who value quick disbursal.
APR
18%↗
Loan amount
₹50,000 to ₹1,000,000↗
Term
6 to 36 months↗
Arrangement fee
No origination fee (0); processing fee from 2% of loan amount plus GST↗
Credit check
Soft prequal↗
Funding time
Funds in bank account within minutes, under 10 minutes of loan approval↗
Rate type
Fixed↗
Lender type
Broker↗
Free early repayment
Yes↗
Eligibility
Salaried Indian resident aged 19 to 55 years, minimum in-hand salary ₹20,000 per month, CIBIL 650+ preferred↗
Origination fee (%)
2%↗
Loan types
Personal, Debt-consolidation, Credit-line, BNPL↗
Credit needed
Fair↗
Use cases
Home-improvement↗
Legal entity
Social Worth Technologies Limited (CIN U72200PN2015PLC157014)↗
Headquarters
India↗
Founded
2015↗
Support channels
Email, Phone↗
Pricing model
Fixed rate
Features
Same-day funding, Credit line
Official website
fibe.in

Credit cards

Annual fee
₹0↗
Rewards type
Cashback↗
Rewards rate
Up to 3% cashback↗
Card kind
Credit↗

Personal insurance

Premium from
₹999↗
Insurance types
Auto, Health↗
Provider type
Comparison site↗
Monthly payments
No↗
Cover limit
Up to INR 20 lakh additional cover↗
Claims channels
Insurer website, Customer support, Insurer/TPA↗
Age range
18-65 years↗

Savings

Headline rate
18%↗
Minimum deposit
₹50,000↗
Access terms
6 to 36 months EMI, fully digital via the Fibe app↗
Account kind
Easy access↗

Facts checked September 26, 2026, 5 sources

Apps and profiles

Elsewhere
LinkedIn

Pros and cons

Pros

  • Fixed-rate loans at 18%, so the instalment holds steady for the term.
  • The credit check is soft prequalification (soft prequal), lighter on your credit file than a hard enquiry.
  • No origination fee, with a processing fee of 2% of the amount plus GST as the main charge.
  • Approved funds are reported in your bank account within minutes, and early repayment carries no charge.

Cons

  • Fibe is a broker (broker), so the firm that approves you and sets the final terms is a partner lender.
  • Chat is not among its support channels (email and phone), which cover email and phone only.
  • Eligibility is aimed at salaried Indian residents with a minimum in-hand salary each month, so self-employed applicants fall outside it.
Fibe

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Scored 8.7 / 10 by SumCue.

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Who it suits

  • Salaried Indian residents inside the eligibility age range with a steady in-hand income.
  • People borrowing for home improvement, listed among the use cases (home improvement), or to consolidate debt.
  • Borrowers who want application, disbursal and repayment handled inside the Fibe app.

Who should look elsewhere

  • Anyone living outside India, or without salaried income, since eligibility is aimed at salaried Indian residents.
  • People who want a full credit check and live chat, as the credit check is soft prequalification and support runs on email and phone only.
  • Readers comparing euro lenders such as Creduma ES, whose lending starts at from €12,000, a different currency and market.

How it compares on our data

Fibe ranks at 403 of 665 brands on loan amount, and at 226 of 338 on APR. The amount ranking reflects the size of the sums on offer, not the price of borrowing, so the APR position is the one that costs a borrower money.

How Fibe compares

Where Fibe is available

Available
India
Licence in India
Reserve Bank of India (RBI), checked September 26, 2026

Countries from the brand (Source, checked September 26, 2026)

Frequently asked questions

What rate do I pay on a Fibe personal loan?+

Fibe's personal loan runs at an interest rate of 18%, and the rate is fixed, so the instalment stays the same across the term. The product is listed as fixed-rate with a term of 6 to 36. The rate you are offered comes from the partner lender at application.

What fees will I pay?+

There is no origination fee. Fibe charges a processing fee of 2% of the loan amount plus GST, which is the main cost beyond the interest. Early repayment carries no charge, so clearing the balance early does not add a penalty.

How much can I borrow, and over what term?+

Loan amounts run INR 50,000 to INR 1,000,000 and the term runs 6 to 36, paid as monthly instalments through the Fibe app. Eligibility is aimed at salaried Indian residents, with a minimum in-hand salary each month and a preferred credit score.

How quickly do I get the money?+

Approved funds are reported to reach your bank account within minutes of approval. Same-day funding is one of the listed features, alongside a revolving credit line, so a smaller draw does not mean starting a fresh application.

What credit check do I go through?+

The credit check is soft prequalification, which is lighter than a hard enquiry, and a fair credit score is the level expected. Only 20.1% of lenders on the site work this way, against 75% on hard checks. Applicants also need to be salaried Indian residents with a steady in-hand income.

Who regulates Fibe, and is my money protected?+

Fibe works as a broker in India, so the Reserve Bank of India is the regulator named for this market. It arranges loans with partner lenders rather than holding savings, so a deposit protection scheme is not part of the offer. The legal entity behind the platform is Social Worth Technologies Limited.

Can I repay the loan early?+

Early repayment is free, so there is no charge for settling the balance ahead of schedule. That matters more here because the rate of 18% is fixed, so the cost does not rise if you decide to pay it off sooner. Support handles requests through email and phone.

Does Fibe offer anything besides loans?+

Alongside the personal loan, Fibe lists a credit card with an annual fee of INR 0 and cashback of Up to 3% cashback, plus auto and health insurance. The super top-up health cover is described as Up to INR 20 lakh additional cover, with premiums from INR 999 and no monthly payment option.

Sources

  • fibe.in checked September 26, 2026

    Backs: Founded, Insurance types

    “CIN: U72200PN2015PLC157014”

  • fibe.in/credit-card/fibe-axis-bank-credit-card checked September 26, 2026

    Backs: Annual fee, Card kind, Rewards rate, Rewards type

    “offering up to 3% cashback with no annual/joining fee - Fibe Axis Bank Credit Card”

  • fibe.in/fibe-emis/super-top-up-health-insurance checked September 26, 2026

    Backs: Age range, Cover limit, Monthly payments, Premium from

    “Age 18 - 65 years”

  • fibe.in/motor-insurance checked September 26, 2026

    Backs: Claims channels, Provider type

    “You can raise a claim through the insurer's website or customer support with required details and documents”

  • fibe.in/personal-loan checked September 26, 2026

    Backs: Access terms, Account kind, Loan amount, APR, Credit check, Credit needed, Eligibility, Features, Free early repayment, Funding time, Headline rate, Headquarters, Legal entity, Lender type, Loan types, Minimum deposit, Pricing model, Arrangement fee, Origination fee (%), Rate type, Support channels, Term, Use cases, Licences

    “KYC is 100% digital, no collateral needed and EMIs are flexible, choose anywhere from 6 to 36 months.”

Compiled from 5 source pages, checked September 26, 2026. We did not open an account.

Not confirmed yet: Representative example.

Fibe

Fibe

Salaried Indian residents borrowing for home improvement who value quick disbursal.

8.7/10See alternatives