Let's learn how you can apply for foneloan with a step-by-step process.
Login to your bank’s mobile banking app
Open your Bank's Mobile Banking App
Enter your credentials and login.
Once logged in, you will see the foneloan icon on the main dashboard. Please note that the icon is only visible to customers who are eligible for foneloan.
Tap on ‘Register Now’ and enter the required information.
You will receive an email from your bank containing a link. Click on the link to verify your email address and complete the registration process.
You will get a fresh verification link on your email account.
Tap on the Link to verify your account.
Once registered, the foneLoan icon on your mobile banking dashboard will show the ‘Apply Now’ button.
Tap on ‘Apply Now’ and enter the loan amount and the payback date.
If the loan amount is within your pre-approved limit and payback date is valid, the system will display the loan details (interest, charges, payable amount, etc.) along with the Terms & Conditions of the loan.
Check on ‘I Agree’ and tap on ‘Proceed’.
You will receive a 4 digit OTP code via sms on your mobile phone. Enter the OTP and tap on ‘Confirm’.