Avail Finance
**Company Type:**
Avail Finance is a fintech company that operates in the financial services industry.
**Industry:**
Financial services
**Founded year:**
Avail Finance was founded in the year 2017.
**Detailed information about the Founders:**
The company was founded by Ankush Aggarwal and Tushar Mehndiratta, who are both experienced professionals in the finance sector. They shared a vision of using technology to make financial services more accessible to individuals in need.
**Information about Services:**
Avail Finance offers a range of financial services, including short-term personal loans, salary advances, and other credit products. They leverage technology to provide quick and seamless access to credit for their customers.
**Information about History:**
Since its inception in 2017, Avail Finance has rapidly grown to become a well-known name in the fintech industry. The company has focused on leveraging data analytics and machine learning to improve their credit assessment processes and offer better financial solutions to individuals.
**Information about Present:**
Currently, Avail Finance continues to expand its services and reach across various regions. They have maintained their commitment to using technology and innovation to provide efficient and reliable financial solutions to their customers.
**Awards and recognition:**
Avail Finance has received recognition for its innovative approach to financial services and its impact on the fintech industry. The company has been lauded for its user-friendly platform and customer-centric approach.
**Frequently Asked Questions:**
1. **How can I apply for a loan with Avail Finance?**
– You can apply for a loan with Avail Finance through their mobile app or website. Simply create an account, fill in the required details, and submit your application.
2. **What are the eligibility criteria for getting a loan from Avail Finance?**
– The eligibility criteria vary based on various factors such as income, credit history, and employment status. It is best to check the specific requirements on their platform.
3. **How quickly can I receive funds once my loan application is approved?**
– Once your loan application is approved, you can receive the funds in your bank account within a few hours to a couple of days, depending on the processing time.
4. **Are the interest rates competitive with Avail Finance?**
– Avail Finance offers competitive interest rates on their loans, which are based on your creditworthiness and other factors. It is advisable to compare rates with other lenders to ensure you are getting a good deal.
5. **Can I repay my loan early with Avail Finance?**
– Yes, Avail Finance allows early repayment of loans without any penalties. You can choose to pay off your loan sooner if you wish to save on interest costs.