Instant Personal Loan App App is a personal loan and credit platform for young professionals, where you can apply for personal loans online.
Loan characteristics:
Loan amount from 750 to 50,000
Repayment periods from 61 days to 180 days
APR from 12% to 18% per annum
Processing fees range from 3% to 12% (GST 18% applies)
You may be charged up to 0.2% daily late fees for late payments (capped to 18% of principal amount overdue).
No other hidden fees applicable to your loans!
Instant Loan provides affordable online Indian personal loan.
An example of a loan.
Borrow 10,000 at an APR of 24% (per annum) with tenure of 61 days
Interest = 10,000 x 24%/365 x 60 = 400
Processing fee = 10,000 x 5% = 500 (on which GST apply of 45)
Total cost of the loan = 450
Total amount disbursed will be 9,405 (10,000 - 295)
Total amount to repay will be 10,400 (10,000 + 200)
Two monthly repayments of 5,200
Instant Personal Loan App is a leading cash online personal loan app provider because of:
1. Short Processing Time,Low loan threshold.
2. Affordable and low-interest rates.
3. Loan application is secure and confidential.
Requirements:
1. Age requirement must be above 18+ years old.
2. You must be a citizen of India.
In this app EMI Calculator is available :
Calculator is Calculate monthly payment EMI.
Calculator Home Loan, Personal Loan and Car Loan EMI Calculate.
Calculator Easy to Access and Innovative.
Calculator Flexible and User Friendly Interface and Good Usability.
Calculator Pie Chart Help Easy to Understand.
Calculator App Available for FREE to use.