# SpeedLoanNew - Credit Loan App

> Online personal loans for Indian residents, registered with RBI. (iPhone/iPad app by TIP TOP FINANCE PRIVATE LIMITED.)

- Source: https://appshunter.io/ios/app/speedloannew-credit-loan-app/id6446361263 (this page in markdown: same URL + `.md`)
- Developer: [TIP TOP FINANCE PRIVATE LIMITED](https://appshunter.io/developer/1677531603)
- Category: Finance
- Price: Free
- Rating: 5.00/5 from 4 App Store ratings
- Age rating: 17+
- Requires: iOS 11.0 · 22 MB
- Languages: English
- Released: 2023-03-25
- Data updated: 2026-06-10
- Monetization: free
- User reviews in markdown: https://appshunter.io/ios/app/speedloannew-credit-loan-app/id6446361263/reviews.md

## What is SpeedLoanNew?

SpeedLoanNew is a loan product under NBFC-M/s Superior Finlease Limited. Tip Top Finance Pvt. Ltd. is an NBFC officially registered with the Reserve Bank of India, which can provide online personal loans that meet RBI standards.

We provide personal loans from ₹ 5,000 to ₹ 88,000, with 1.5 to 2.2% monthly interest. Personal loans with a minimum due date of 95 to a maximum of 181 days. Fees vary from 5% to 15%.

● Loan amount: Personal loan from ₹ 5,000 to ₹ 88,000;
● Loan term: Loan period varies from 95 days to 181 days;
● Loan interest rate: Annual Interest rate (APR) vary from 18 to 26.4%;
● Service fee: vary from 5 to 15%;
GST will be applicable only on the fee components as per Indian laws.

For example: 
Loan Amount: ₹ 9,000
Loan Duration: 120 Days
Annual Percentage Rate (APR) :19.4%
Processing fee: 5% 
Total Insterest:  ₹ 9,000*19.4%(APR)*120/365= ₹ 574.03
Processing fees(PF) + GST: ₹ 9,000*5%+(₹ 9,000*5%)*18%= ₹ 531
In-Hand Amount: Loan Amount - (PF + GST） = ₹ 9,000- ₹ 531 = ₹ 8,469
Total Repayable Amount: Loan Amount + Total Insterest = ₹ 9,000 + ₹ 574.03= ₹ 9,574.03

Requirements：
● Indian resident;
● 18 years old 
● To have a monthly source of income.

 SpeedLoanNew helps you to control your personal finances. 
* No collateral or office visits required;
* Use your money the way you want -- for family or business;
* Get access to higher loans, lower fees, and flexible payment terms repaying on time;
*The application process is 100% online, after approval, the cash is transferred to the user’s bank account.

Security:
All the transactions are secured via a 256-bit SSL encryption. All data is transferred over secured connections. We do not share your data with any third party without your consent. Your data is totally safe with us.

How loan app works?
● Register an account.
● Fill in your basic details to check your eligibility.
● E-sign the agreement after approval.
● After you passed the audit, the money will transfer to your account.

Problems using SpeedLoanNew?
Please contact our online service for help:
Working hours: 9:00 am – 18:00 pm (Monday - Sunday)
Customer Service Email: tiptopfinancepl@outlook.com
Address：36a, Bentinck St Kolkata, West Bengal, 700069 India

## Key features

- Online personal loans
- Loan amounts from ₹5,000 to ₹88,000
- Flexible repayment terms (95-181 days)
- 100% online application process
- No collateral required
- Direct bank account transfer


## Frequently asked questions about SpeedLoanNew

### What is the minimum and maximum loan amount offered by SpeedLoanNew?

SpeedLoanNew offers personal loans ranging from ₹5,000 to ₹88,000. The exact amount you are eligible for will depend on your individual assessment.

### What are the interest rates and fees associated with SpeedLoanNew loans?

The annual interest rate (APR) varies from 18% to 26.4%, with monthly interest rates between 1.5% and 2.2%. Service fees range from 5% to 15% of the loan amount, with GST applicable on these fees.

### What is the loan term for SpeedLoanNew?

The loan term for personal loans from SpeedLoanNew varies from a minimum of 95 days to a maximum of 181 days.

### What are the eligibility requirements for SpeedLoanNew?

To be eligible for a loan from SpeedLoanNew, you must be an Indian resident, be at least 18 years old, and have a monthly source of income.

### Is SpeedLoanNew secure?

Yes, SpeedLoanNew prioritizes security. All transactions are secured via 256-bit SSL encryption, and data is transferred over secured connections. Your data is not shared with third parties without your consent.

### How long does it take to get the loan money after approval with SpeedLoanNew?

Once your loan agreement is e-signed and you pass the audit, the money will be transferred directly to your bank account. The description does not specify an exact timeframe for this transfer.

### Does SpeedLoanNew require collateral or office visits?

No, SpeedLoanNew does not require any collateral or office visits. The entire application and approval process is conducted online.

### How often is SpeedLoanNew updated?

The latest version of SpeedLoanNew is 1.1.3, which was last updated on April 23, 2023. This indicates a relatively recent update frequency.

## Version history (last 1 release)

### 1.1.3 — 2023-04-23

1.fixed an bug

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*Data collected daily from the US App Store and indexed by [AppsHunter](https://appshunter.io/). User reviews are verbatim App Store reviews. Ratings, prices and chart positions refresh continuously; this snapshot is from 2026-06-10.*