A personal loan is an unsecured loan provided by banks or NBFCs that can be used for various needs such as medical expenses, education, travel, wedding costs, or emergencies. No collateral is required.

With Ava Finserv’s digital process, loan approval can happen within minutes, and disbursal is usually completed within 24–48 hours, subject to document verification and lender policies.

Ava Finserv does not charge any upfront fees for checking eligibility. Any applicable processing fee or charges are clearly communicated by the lending partner before final approval.

You can apply if you:

• Are an Indian resident

• Are salaried or self-employed

• Have a stable income source

• Meet the lender’s age and credit criteria

Yes. Once you apply, you can track your application status through updates shared via SMS, email, or by contacting Ava Finserv’s support team.

No. Checking loan eligibility through Ava Finserv is a soft inquiry and does not impact your credit score.

After final approval, the loan amount is usually credited to your bank account within 1–2 working days, depending on the lender.

A credit score of 700 or above is generally considered good and increases your chances of getting better interest rates and higher loan amounts.

Yes, self-employed professionals and business owners can apply, provided they meet income and eligibility criteria set by lending partners.