The provided webpage content describes **InstantFunds**, a mobile application developed by **B.P. Securities (India) Pvt. Ltd.**, which offers instant personal loans to users in India. The app focuses on providing quick, digital access to financial services, targeting salaried professionals and self-employed individuals with minimal documentation and fast approval processes. **Key Features:** - Users can apply for personal loans of up to ₹50,000, with disbursement in 15 minutes. - Loan tenures range from 90 days to 24 months. - Repayment options include flexible EMIs, with interest rates capped at 29.5% per annum (APR: 29.5%). - Transparent pricing is emphasized, with no hidden fees, though processing and onboarding fees start at ₹800 each (plus GST). **Eligibility Criteria:** - Salaried professionals must earn at least ₹15,000 monthly. - Self-employed individuals require a monthly income of ₹25,000 or above. - Applicants must be at least 21 years old and possess valid Aadhaar and PAN cards. Loans are issued only to those with salary-credited bank accounts. **Required Documents:** - Aadhaar Card, PAN Card, and three months of bank statements. - Salaried individuals must submit joining letters or salary slips; self-employed applicants require business documentation. **Loan Details & Calculations:** Using an example: a ₹50,000 loan with a 6-month tenure, 18% annual interest, and fees (₹800 processing, ₹800 onboarding, ₹288 GST), the amount disbursed totals ₹43,612. Total repayment is ₹50,000, including ₹4,500 in interest and fees, resulting in an APR of 29.528%. **Data Privacy & Security:** The app may share user location and personal information with third parties and stores data without encryption. Users can request data deletion. The developer, BP Securities India Private Limited, is a Reserve Bank of India-registered NBFC (Non-Banking Financial Company), indicating compliance with regulatory standards. **Developer Information:** The company is based in Noida, Uttar Pradesh, and offers customer support through an email ([email protected]) and phone number (+91 98180 63925). **App Updates & Similar Services:** Updated on November 25, 2024, the app is available on Google Play (under sections like "Play Pass" and "Gift cards"). The page lists similar financial apps, such as **PaySimply**, **Wio Personal**, **Chipper Cash**, and **Yabi Money**, many of which have high ratings. **User Ratings:** While the content does not specify InstantFunds’ own rating, it highlights its position as a trusted app with over 10 lakh downloads. **Disclosure:** The developer provides detailed terms of service, privacy policies, refund policies, and data safety practices in the webpage’s footer links. This summary encapsulates the app’s functional scope, financial terms, compliance standards, and operational framework as presented in the content.