Get advice for quick access to cash with our Two Minute Loan Online Apply App! Simply fill out our easy application form and get approved in minutes.
Two Minute Loan Online Apply :
⦁ Loan Amount :₹5,000 to ₹5,00,000.
⦁ Maximum APR : 8% to 20%.
⦁ Loan Tenure : 3 Months to 36 Months.
⦁ Processing Fee : 0.5% to 3%
⦁ Other fees : No any other hidden fees.
Eligibility for Loan :
● You are resident of India
● Your Above 21 years of age
● Have a monthly source of income
Two Minute Loan Online Apply Example :
⇨ Borrow Amount : ₹30,000
⇨ Interest Rate APR : 14%
⇨ Loan Tenure : 6 months
⇨ Total Interest : ₹2,100 (₹30,000 x 14% / 12 x 6).
⇨ Processing Fee : ₹450 (1.5% on loan amount)
⇨ Total Cost On Loan : ₹5,550
⇨ Monthly repayments : ₹5,350
⇨ Total Disbursed Amount : ₹29,550 (₹30,000 - ₹450)
⇨ Total Repayment Amount : ₹32,100, (₹30,000 + ₹2,100)
Interest Amount Calculation :
Interest amount calculation depends on various factors such as the principal amount, interest rate, and the duration of the loan.
● For example :
If someone borrows ₹30,000 at an interest rate of 14% per annum for a period of 6 months, the interest amount would be :
Interest Amount = (Borrows Amount * Interest Rates / 12 * Loan Period )
Interest Amount = ₹2,100 = 30,000 * 14% / 12 * 6
Bank Balance Check :
Two Minute Loan Online Apply app allow you to check your bank account balance with just one missed call.
Disclaimer:
Two minute loan online apply Aadhar card guide app is not an official application for any government/UIDAI scheme, nor is it associated with any government body. Please do not provide your Aadhar number or mobile number in the comments section. We cannot respond to individual queries or complaints about any scheme.
We request that all visitors visit the official website of the relevant department/authority for any complaints or queries about the scheme/information.