?SpeedLoan is an instant loan application and credit platform for Indian users. You can apply for low interest cash loans here.
?Product Details
Loans range from ₹1,000 to ₹100,000.
Duration: 91days-365days
Interest Rate:Depends on the customer's risk profile and loan tenure. The interest rate is from 10% to 25% per annum.
Maximum Annual Percentage Rate (APR):25%
Daily interest rate:0.068%(25%/365=0.068%)
Service charge: 0%-20%
In addition, GST will be applicable only on the fee components as per Indian laws.
?Example:
user loan ₹6,000, annual interest rate of 10%, service fee of 10%, The loan period is 120 days
Repayment interest: ₹197.26(Calculation formula:₹6,000 * 10% / 365 * 120=₹197.26)
Service charge:₹600(Calculation formula:₹6,000*10%=₹600)
Total repayment amount: ₹6797.26(Calculation formula:₹6000+₹197.26+₹600=₹6797.26)
Monthly repayment: Repayment in 3 installments, the monthly repayment amount is ₹1915.53 (Calculation formula:₹6797.26/3=₹2265.75)
?SpeedLoan provides personal cash loans with low interest rates, allowing you to easily obtain instant loans anytime, anywhere, in case of emergency. Sign up in a few minutes, apply for a cash loan, and then collect money directly from your bank account. This is a fast, convenient and reliable way to get credit when you need it. The loan application is safe and confidential.
?Choose our advantages:
1. Mobile phone online loan application process.
2. Instant online personal loans.
3. Affordable low interest rates.
4. High approval success rate.
5. The loan application is safe and confidential.
?If you have any questions while using SpeedLoan, please send e-mail to us.
Mail:
[email protected]