Frequently Asked Questions
Is Wefin a Bank or NBFC and How do Wefin help me?
Wefin is a premier digital marketplace which helps you compare products, such as loans, insurance
plans, and credit cards , offered by leading banks & NBFCs. We simplify fine print and inform you
about the eligibility criteria, repayment options, types of interest rates, and other parameters.
After I submit my application on Wefin, what’s next?
Once you submit the application form, your application will be matched with the best financial
institution based on your credit profile and will be securely sent to them.
What is a credit score?
It is a report based on your performance on loans. Banks & NBFC use this information to assess your
loan applications and it is one of the primary criteria for assessing your loan application. You can
get a FREE credit report on the Wefin app & website.
How my information is treated and is it secure?
All your personal information is fully secured and strong measures are adopted to ensure its
security.
What is an EMI and how to calculate it?
The full form of EMI is equated monthly instalment. It is the amount of money that is paid back to
the lender on a monthly basis. The EMI is always paid up to the bank or lender on a fixed date each
month until the total amount due is paid up during the tenure. You can calculate your EMI for FREE
on the Wefin app and website EMI Calculator.
How much amount can I get in personal loan and what Is the turn around time.
You can get unsecured personal loan up to 25 Lacs as per your eligibility in 2 hours subject to
fulfillment of lending partner criteria.
How can I contact Wefin
You can contact Wefin on 011-40724283 & can also write at [email protected]
How can I get best deals for personal loans
You can visit www.wefin.in or download Wefin application from Play Store & App store to explore
competitive offers from India’s leading Banks & NBFCs.
How can I get best deals for Two Wheeler loans
You can visit www.wefin.in or download Wefin application from Play Store & App store to explore
competitive offers from India’s leading Banks.
How can I get best deals for Credit Cards
You can visit wefin.In or download Wefin application from Play Store & App store to explore
competitive offers from India’s leading Banks.
How can I get best deals for Business Loans
You can visit wefin.In or download Wefin application from Play Store & App store to explore
competitive offers from India’s leading Banks & NBFs.
Where can I know more details about the associated lenders or partners?
If you would like to know more details about the associated lenders or partners, you can visit their respective websites.
For Axis Bank personal loan, you can find more information here -
https://www.axisbank.com/retail/loans/24x7-instant-loan/24x7-personal-loans
Where can I lodge complaint related to deposits/schemes of various companies?
Website Sachet (https://sachet.rbi.org.in/ ) is meant to facilitate lodging of any complaint related to deposits/schemes of various companies.
If you have any complaint against a specific entity which has defaulted in repayment of deposits/money collected under any scheme or has collected money from you illegally, Please click on “File a complaint” tab on the homepage of the website and register your complaint.