Personal Loan App  Line of Credit, CapitalNow
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Personal Loan App Line of Credit, CapitalNow
Personal Loan App  Line of Credit, CapitalNow

Personal Loan App Line of Credit, CapitalNow

Fastest personal loan app, line of credit for salaried individuals across India

App Size: 22M
Release Date:
Price: Free
3.9
247 Ratings
Size
22M

Screenshots for App

Mobile
CapitalNow is an emerging FinTech platform aiming to deliver value through it’s Instant Personal Loan Product. We provide instant personal loan across India to salaried Individuals holding monthly salary 30,000 and more. Our loan amount ranges from 10,000 - 1,50,000 with tenure of 65 - 90 days with 36% APR. Our loan process is completely online and doesn’t involve any physical verification. Our automated under-writing algorithm helps us maintain a TAT of 2 hours for the first time borrower and 10 min for a regular borrower.

CapitalNow is a platform facilitating the loan transactions between the borrowers and the NBFCs. All loan applications are approved and sanctioned by NBFCs registered with RBI and communicated upfront during Loan application.

Why Capital Now?
✔️Specially curated AI-Based system for fast approval
✔️Instant Personal Loan Online
✔️TAT 10mins - 2hours
✔️Flexible repayment tenure from 65 to 90 days
✔️No Pre-Closure charges
✔️Collateral free, Unsecured loan
✔️No hidden charges

Eligibility Criteria
✔️Indian Citizen with age 21 years or more
✔️Salaried Professional, working with a reputed firm
✔️Min Monthly Net Salary 30,000

Documents Required
We follow a very stringent documentation process.
Loan disbursal is subjected to submission of clear and correct documents on our Website/App.
1. Pan Card
2. Aadhar Card (front & back)/ Passport
3. Recent Pay slip
4. Salary Credit Bank Statement (Recent 3 Months)
5. Present Address Proof

Interest Calculation
Loan Amount : Rs. 10,000
Processing Fees : Rs. 1000 + 18% GST
Tenure – 2 Months and 5 days (65days)
Interest Rate - 36% P.A.
Interest Amount : 10,000 x 36%/365 x 65 = 641

On availing a loan of Rs 10,000 at interest rate of 36%* pa for a tenure of 2 months and 5 days with processing fees of Rs 1000 and Interest applicable would be 641.

The payment schedule would look like (Interest + Principal)
Monthly payment 1 = 300 + 6000 = ₹6300
Monthly payment 2 = 341 + 4000 = ₹4341

?Operational Cities
Our online personal loan app provides instant personal loans and credit line across all states in India. Access instant credit through our mobile application or website.
●Hyderabad, Bangalore, Chennai, Mumbai, Pune, Delhi, Gurgaon, Kolkata and other cities

?Security & Protection of Privacy
It is our top priority as our backend APIs comply with mandated security standards and robust protocols

Download our instant personal loan app now! ?
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More Information about: Personal Loan App Line of Credit, CapitalNow
Price: Free
Version: 1.1.5
Downloads: 10000
Compatibility: Android 5.0 and up
Bundle Id: com.capitalnow.mobile
Size: 22M
Last Update:
Content Rating: Everyone
Release Date:
Content Rating: Everyone
Developer: CapitalNow - Instant Personal Loan, Online Loan


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