LoanAdda Analysis
What is LoanAdda?
LoanAdda is an online financial aggregator connecting users to over 45 banks and NBFCs for personal, home, and business loans. The platform enables instant comparison and application across loan types. It leverages machine learning to analyze customer data and build risk profiles. The company has processed over 50,000 applications with 2,000 data points per application.
Location
Noida, India
Employees
11-50
Founded
2015
Product Features & Capabilities
- Instant loan comparison across 45+ banks and NBFCs
- Personal loan, home loan, loan against property, working capital and unsecured loans
- Machine learning-based risk assessment
- Zero service fees
- Quick sanction within 24 hours
Use Cases
Compare home loan offers from 45+ lenders in under 5 minutes; Apply for personal loans to cover wedding expenses or education fees; Get loan against property with up to 70% LTV; Access working capital loans for SME business expansion; Receive instant risk assessment and loan eligibility within 24 hours
Other Considerations
Processed over 50,000 applications; 2,000 data points per application analyzed; Partners with 45+ banks and NBFCs; Zero service fees; Machine learning for risk profiling; Featured in Entrepreneur India and Mint
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