Online Personal Loan Apply is a platform for guidance for all smartphone users to get a type of Quick Loan.
Get Quick Cash loans online - no paperwork, no credit checks, no complex procedures – it’s all completely app-based and extremely easy.
Instant Small Business Loans apply to get a loan quickly on your phone You can get all the information you need about home loans, and education loans, etc by using this app.
With all the different apps in the market, it can be very confusing to find the best Loan More. This is why we give you combined information about all Loan Mores along with expert recommendations on which app is best for you.
Instant Loan Guide App Provide Appropriate information for how you can take a loan online with a minimum document.
How To Get Instant Loan from our Loan More
1.Download Loans app from Google Play Store
2.Fill out basic information & get an approved loan offer in minutes
3.Choose a flexible loan amount & EMI repayment plan that suits you
4.Apply remotely & upload all your documents online
5.Get the loan amount in your bank account in a few hours
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)
Example Of Cost Of Loans
- Amount Borrowed (Principal) = ₹20000/-
- Interest Rate = 3% monthly Simple Interest
- Tenure = 6 months
- Processing Fee = ₹600
- Amount disbursed = ₹20000
- Your EMI amount = ₹3692
- Interest amount = ₹2152
- Total Cost of Loan = ₹600+₹2152 = ₹2752
- APR = (2752/20000)*12/6 = 27%
Representative Example:
Loan amount: ₹ 30,000 at interest rate of 33.46% p.a.
Loan Duration: 3 Months
Total personal loan interest = ₹ 2,475
Processing fees (PF) + GST = ₹ 1000 + ₹ 180 = ₹ 1,180
Total Deductibles (PF + GST + Interest): ₹ 3,655
In-Hand Amount: Loan Amount - Total Deductibles = ₹ 30,000 - 3,655 = ₹ 26,345
Total repayable Amount: ₹ 30,000
Monthly EMI Repayable: ₹ 10,000
The deductibles (interest + PF + GST) are deducted upfront during the loan disbursal.
Note:
This Application Only Provide Guideline for How To Apply for Instant Cash Loan, this app does not give any type of loan to you.
Declaimers
This App is only for guidance: how to apply the various types of loans and this app does not borrow any type of loan to any other. this does not ask to app users for pay money for loan. Be aware of this kind of fraud.