How it works
From "I need a loan" to a disbursed loan, in four steps
Every step is designed so you always know what happens next, and why.
Tell us what you need
Loan purpose, amount, employment type, monthly income, and city. Takes about two minutes. No documents, no credit check, no impact on your credit score.
We match you against 50+ lenders
Our matching engine checks your inputs against each lender's real eligibility rules — minimum income, amount ranges, accepted employment types — and ranks what you actually qualify for by rate and fees.
You see real terms, upfront
Every match shows the lender's name, interest rate (APR), processing fee, and maximum tenure in one consistent format, so you're comparing apples to apples — not marketing pages.
You choose, we hand off — with your consent, logged
Pick a lender and we ask you to explicitly approve sharing your details with that specific lender. Nothing moves without that approval, and every approval is timestamped and kept on record for you.
Common questions
Does checking eligibility affect my credit score?
No. Step 1 only uses the information you type in — it doesn't pull your credit report, so there's no impact on your score.
Is LoanRight a lender?
No. LoanRight is a referral platform. Every loan is issued, underwritten, and disbursed by the partner bank or NBFC — never by LoanRight.
How does LoanRight make money if it's free for me?
Partner lenders pay LoanRight a commission only when a loan is actually disbursed. If you don't take a loan, we're not paid — so we have no incentive to push you toward one you don't need.