Instant Personal Loan App is an online product, which eliminates the tedious processes and applications with a new mode of simple, convenient, flexible and easy borrowing.
Product Information
1. Loan Amount:₹ 5,000 to 30,000.
2. Maximum Annual Percentage Rate (APR): 30%
3. Minimum and maximum period for repayment: 97~240 days.
example: If the loan amount is ₹5000 and the interest rate is 30% per annum with the tenure of 91 days, after deducting the processing fee, the interest payable is as follows :
Interest = ₹ 5000 * 30% / 365 * 91 = ₹ 374.
Lucky Rupee is a mobile financial platform provides the fastest, safest, simple, convenient, flexible and fast new loan model that eliminates cumbersome processes and applications.