SmartCoin is an app-based lending platform that provides short-term personal loans to middle and lower-income segments. It has its own algorithm to access the risk in lending, hence, it is easier to apply for an instant personal loan with SmartCoin. The best part of the SmartCoin is, the application process is online and once you get approval for the loan, the money is transferred directly to your account.  

Features and Benefits of SmartCoin

  • Collateral Free Loan: When you apply for an instant loan at SmartCoin, you need not provide any collateral to secure the personal loan. Thus, it makes it easy for you to get a loan without having any stress of arranging security. 
  • Quick Repeat Loans: Once you submit your documents with the SmartCoin, you need not submit further documents in the future. In simple words, it makes the way for you to get repeat loans conveniently in the future. 
  • Easy Processing: SmartCoin provides a seamless way to process instant personal loan applications through its app and requires a minimum document. The perfect mix of online application and minimal documentation mitigate the pain of the ultimate borrower. 
  • Direct Bank Transfer: Once you get the approval from the SmartCoin, the loan amount gets transferred into your account within a few minutes. So, in an emergency, you can rely on it.

SmartCoin Personal Loan Interest Rate, Processing Fee, And the Loan Tenure

Lenders Name


Interest Rate

20% – 36% APR

Processing Fee


Loan Amount

Rs 1,000 to Rs 25,000

Loan Tenure

91 - 120 days

Eligibility Criteria to Avail SmartCoin Personal Loan

  • The applicant’s age should be 23 years.
  • The applicant should be an Indian resident.
  • The applicant should be a salaried individual, business owners, and support executives.
  • The monthly income of the applicant should be above Rs 15,000.

Documents Required for SmartCoin Personal Loan

  • PAN Card
  • Address Proof
  • Bank Statement
  • Selfie

SmartCoin EMI Calcualtion

SmartCoin offers short-term credit to the lower and middle-income segments. However, before applying for an instant personal loan, you must use the SmartCoin EMI calculator to know more about the monthly installments and the total amount before applying for a personal loan. The EMI calculator is a free tool and it is very easy to use you just need to enter the loan amount, interest rate, and the preferred repayment tenure.

For example, you take a personal loan of Rs 25,000 from SmartCoin at an interest rate of 20% p.a for 4 months, then the EMI calculator will show the result as shown in the table below.

Loan amount

Rs 25,000

Interest Rate

20% P.A.


4 months









Rs 6,096

Rs 417

Rs 6,513

Rs 18,904



Rs 6,198

Rs 315

Rs 6,513

Rs 12,707



Rs 6,301

Rs 212

Rs 6,513

Rs 6,406



Rs 6,406

Rs 107

RS 6,513

Rs 0


How to Use SmartCoin App

  • Install the app on your device.
  • Log in to the app via your Facebook or Google account.
  • Fill your loan application form online.
  • Upload your documents to complete the loan application.
  • Receive funds into your account, once you get the approval.

SmartCoin Customer Care

If you face any difficulty while understanding the best loan offers, loan application process, or other query, you don’t need to dial SmartCoin loan helpline number. Actually, you can get the solution of your problem by sending an email on

Or in case if you need any assistance related to the repayments, you can send an email at


Q1What is the minimum amount that can be borrowed from SmartCoin?
The instant personal loan from SmartCoin starts from Rs 1,000 that can be used for any emergency bill payment.
Q2Does SmartCoin check credit score before lending a personal loan?
SmartCoin has its risk assessment algorithm so when a borrower applies for a personal loan, they check borrower’s credibility by using this algorithm. However, if you have a good credit score, it will help you to score personal loan easily.
Q3What does SmartCoin mean with minimum documentation?
When you apply for a personal loan from a traditional lender, they ask you to submit end number of documents, but you can get a personal loan from SmartCoin by uploading your PAN card, bank statement, address proof and a selfie.
Q4What kind of expenses can be covered from SmartCoin personal loan?
SmartCoin personal loans can be used for utility bills, travelling, early salary, credit card refinancing, and much more.
Q5Is SmartCoin completely digital?
Yes, the loan application process with SmartCoin is 100% digital and you don’t need to wander anywhere to submit your documents. From loan application to disbursal, there is no human intervention.
Q6What is the minimum income is required to get a personal loan from SmartCoin?
If you have a monthly income of Rs 15,000 and more you can get a personal loan from SmartCoin. However, you must remember that SmartCoin offers short-term personal loan and if you want to apply for a big-ticket size loan, you will need another instant personal loan app.
Q7What is the SmartCoin loan helpline number?
Well, you there hasn’t mentioned any helpline number but you can get your queries solved by just sending an email on the above-mentioned email Id.