Mobile Loan is a personal instant loan APP that provides young people with a fast cash loan service online.
Product Information
1. Loan Amount:₹ 5,000 to 200,000.
2. Maximum Annual Percentage Rate (APR): 36%
3. Minimum and maximum period for repayment: 91~365 days.
example: If the loan amount is ₹10000 and the interest rate is 30% per annum with the tenure of 91 days, after deducting the processing fee
Interest = ₹ 10000 * 30% / 365 * 91 = ₹ 748.
Mobile Loan - Instant Personal Loan App is India's highest-rated Lending Platform for small businesses to give you instant business loans.