Guide For Instant Personal Loan on mobile guide by using this app you can get all details about how to get a personal loan, home loan, education loan, credit card loan, business loan, gold loan, car loan, bike loan.
Instant Personal Loan App - RozLoan 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.
If the loan amount is 5,000 rupees, the annualized interest rate is 30% and the term is 91 days.
The total interest payable is: ₹5,000*30%/360*91=₹379
The handling fee payable is: ₹5,000*2%=₹100
The total debt is: ₹5,000+₹100+₹379=₹5479
The monthly repayment amount is: ₹5,479/3=₹1,826.3
Loan Features:
● It’s Flexible.
Select your most preferred product among multiple options and the repayment tenure is range from 91 to 365 days. Both full repayment product and EMI product are available!
● It’s Digital.
Apply for the loan & Repay the loan by a simple click on the app.
● It’s Completely Personal.
No collateral&no guarantors are required.
● It’s User-Friendly.
Both Hindi version and English version are available.
Declaimers: We are not asking the to applicant pay advance money for the loan. Please be aware this kind of fraud.