Introducing Paise wala-Personal Loan App
Age requirement: must be above 20+ years old
Loan Amount: from ₹9,000 to ₹5 lakhs
Tenure: flexible tenure from 91 days to 365 days
Annual Percentage Rate (APR) varies from 20% - 28%
Service charge:Service fee varies from 6% - 15%
In addition, GST will be applicable only on the fee components as per Indian laws.
Paise wala-Personal Loan App is an affordable loan app for anyone
For example: If your loan amount is 12000 rupees, the Annual Percentage Rate (APR) is 20%, the Loan Duration is 120 days, and the Processing fee is 6%, The details of other expenses are as follows:
Total Insterest: ₹12,000*20%(APR)*120/365= ₹789.04
Processing fees(PF) + GST: ₹12,000*6%+(₹12,000*6%)*18%= ₹849.6
In-Hand Amount: Loan Amount - (PF + GST) = ₹12,000- ₹849.6 = ₹11,150.4
Total Repayable Amount: Loan Amount + Total Insterest = ₹12,000 + ₹789.04= ₹12,789.04
Features:
1. 100% online process
2. Instant Bank Transfer
How to start a loan:
1. Install the Paise wala app from Google Play.
2. Sign up and create a new account.
3. Fill in your basic information and submit the application.
4. Final eligibility will be displayed in the app and text message will be sent upon approval.
5. Enter the APP to confirm, the approved loan amount will be issued to your account within a short time, and a SMS notification will be sent.
If you have any questions, please contact us in time:
E-mail:
[email protected]
Whatsapp: Click on the avatar of the customer service staff on the APP to contact
Address:Winner Building, Shop F, G/F 22 E Aguilar street, Lan Kwan Fong, Central