As Adorable Economics Solution is a Finance Company, we are working with many other companies in order to provide you with the best services and have the ability to choose many options to choose to get a precious loan. We also have partnered with many other companies like Hero Fincorp, IIFL Finance, etc. Lendingkart Loan Process.

We have also written a post about how to get a loan from us easily, and why we are the best Loan service provider.


LENDINGKART Technologies Private Limited is a fin-tech startup in the working capital space. The Company has developed technology tools based on extensive data analysis which facilitates lenders to evaluate borrowers’ creditworthiness and provides other related services.

LENDINGKART Finance Limited (formerly Aadri Infin Limited), is a non-deposit-taking NBFC, providing SME lending in India. The Company aims to transform small business lending by making it convenient for SMEs to access credit easily. The Company uses technology and analytics tools, analyzing thousands of data points from various data sources to assess the creditworthiness of small businesses rapidly and accurately. Lendingkart Loan Process.

LENDINGKART Finance Limited, unlike banks and other NBFCs, does not focus on the vendor’s old records (Past Financial Statements & Income Tax returns) to evaluate the credit risk profile of a potential client. The NBFC focuses on the client’s current year’s cash flows and business growth. The objective is to make capital funds available at their fingertips so that entrepreneurs can focus on business instead of worrying about gaps in their cash flows.

They are currently based in Ahmedabad, Bangalore, and Mumbai but we serve across India.

Process of Loan

Like others, they have their process of giving loans. There are certain aspects. Let’s look into that.

  1. Identification of purpose

One can seek a loan for various purposes from buying property or a car to buying a motorcycle or funding one’s business. To cater to all these different needs, there are many types of loans available in the market. So, it’s important to first identify the purpose of the loan and then apply for the specific loan type.

For instance, personal loans are unsecured loans i.e. there’s no element of collateral in them, and thus are given a higher interest rate. On the other hand, home loans or LAP (Loan Against Property) are usually given to SMEs for fulfilling their working capital requirement by mortgaging their real estate property, which has lower interest rates but a strict process of documentation. So, choose according to need, affordability, and convenience. Lendingkart Loan Process.

  1. Credit score 

Maintaining a good credit score is a prerequisite for a loan application. For instance, paying your previous loans on time, regular credit card payments, and keeping a decent balance in your account indicates that you are well-placed to repay the loan on time. This also helps to bring down your interest rate. You also can review your score on several finance-related websites before approaching the lender. Also, each application for a loan is recorded and affects the score and so, it’s important to not apply for a loan unless you actually require it, else it might create a sense that you are in financial debt.

  1. Affordability

A loan you are not likely to pay off will reflect poorly on your credit score as you approach the next lender. To apply for a reasonable amount that can be repaid within the deadline after thoroughly weighing your income and expenditure, and your assets and liabilities. There are many online calculators available to give you an estimation of how much money can be lent to you. Lendingkart Loan Process.

  1. Right lender

Different lenders have their own loan charges and eligibility criteria. Before deciding on one, a comparison should be done online to know if you meet their eligibility criteria in respect of income, employment, and repaying capacity. Before you apply for a loan from a particular lender, do proper research regarding the reputation of the lender in the market. As online scam lenders are common these days, Lender’s License should be checked properly.

  1. Interest Rates

NBFCs or financial institutions evaluate your credit history and repaying capacity. This is one of the criteria that affect the interest rate. So, as mentioned above, it is advisable to maintain a good credit score. Also, the lender usually offers you a range of EMI depending on the type of loan and amount. The higher the EMI, the quicker you will be able to pay off your loan. But asses your repaying capacity and ensure that these EMI’s fall within your budget. 

With a fixed interest rate, the interest rate would remain the same throughout the tenure. While a floating interest rate would vary according to the market rates. Compare the various interest rates being offered by the different lenders and opt for the one with a lower interest rate and favorable terms. Lendingkart Loan Process.

  1. Documentation & Eligibility

For a hassle-free loan process, it is mandatory to keep all the documents handy while applying for the loan which will speed up the loan process. It is advisable to carry all the original documents along with the copies for the bank. Documents will depend upon the type of loan applied for but basically includes:

  1. Identification proof
  2. Address proof
  3. Income proof
  4. Previously filed 3 years ITR
  5. Photographs

Benefits of LENDINGKART for getting a Loan