Why do Indians use the Easy borrow-Rupee Cash Loan On Line app for loans?
All loan/repayment procedures only need a mobile phone and an APP software. There is no need to collect various supporting documents and long waiting for approval, and there is no need for proof of income or salary. The high-efficiency processing process of the APP can prevent you from being affected by unexpected situations.
Whether you are on the way from work, lying in bed, or in stressful work, you can complete the loan application with just a mobile phone. When you have financial needs for funds, you must use Easy borrow. Even if you don’t have any financial needs now, we recommend keeping Easy borrow in your mobile phone in case you need it.
Age requirement: must be above 20+ years old
Loan Amount: from ₹ 8,000 to ₹ 90,000
Tenure: flexible tenure from 94 days to 365 days
Annual Percentage Rate (APR) varies from 20%-30%
Service charge: Service fee varies from 6%-15%
In addition, GST will be applicable only on the fee components as per Indian laws.
For example:
Loan Amount: ₹ 5,800
Loan Duration: 120 Days
Annual Percentage Rate (APR): 20%
Processing fee: 7%
Total Insterest: ₹ 5,800*20%(APR)*120/365 = ₹ 381.37
Processing fees(PF) + GST: ₹ 5,800*7%+(₹ 5,800*7%)*18% = ₹479.08
In-Hand Amount: Loan Amount-(PF + GST) = ₹ 5,800- ₹ 479.08 = ₹ 5,320.92
Total Repayable Amount: Loan Amount + Total Insterest = ₹ 5,800 + ₹ 381.37 = ₹ 6,181.37
Steps to use Easy borrow credit loan:
1. Download Money stand and register an account;
2. Fill in the basic information in accordance with the process guidelines and ensure that the information is true;
3. After the loan is approved, the amount will be confirmed in time;
4. Remember the repayment time and repay on time.
Your data is subject to the strictest confidentiality, and we will not disclose any information to anyone without your permission.
If you have any usage problems or loan questions, you can contact us in the following ways:
Email:
[email protected]
WhatsApp: Click on the customer service icon to contact
Address: 10-62b, 2nd Floor, Robosoft Campus, No.315, nh-56, Santhekatte, New Udupi 576105