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