Real answers to what people ask us most.
No. Applying is always free, and you will never be asked to pay BankLoanKart or a loan advisor to submit an enquiry or get matched. If anyone asks you for money to "process" your application, please report it to us immediately.
The initial enquiry form takes under a minute. After that, your loan advisor will guide you through the detailed application, which depends on the product — a personal loan is usually quicker than a home loan, which needs property documents.
Submitting an enquiry through BankLoanKart does not affect your credit score. A "hard" credit check only happens if you go ahead with a lender's formal application, the same as it would anywhere else.