Online Loan | Instant Personal Loan App :-
We help you lend a fast and flexible loan through our strategically designed mobile application. It’s our dedication to granting you full transparency on our approach and process to give you the best possible chance to meet your financial demands.
Features :-
● Easy Approval
● Exclusive Offers & Rates
● Get the loan amount credited directly to your bank account
● Easy Tracking
● No Collateral Required
How to Apply :-
- Download Online Loan | Instant Personal Loan App from Google Play Store
- Choose a flexible loan amount & EMI repayment plan that suits you
- Fill out basic information & get an approved loan offer in minutes
- Apply remotely & upload all your documents online
- Get the loan amount in your bank account in a few hours
Loan requirements/Eligibility :
- Have a bank account.
- Above 18 years old.
- Valid Document.
- Should have monthly source of income.
Example:
Duration: 91 days-365 days
Loan amount: ₹10,000 to ₹2,00,000
Minimum Annual Percentage Rate (APR): 10%
Maximum Annual Percentage Rate (APR): 25%
Processing fees: ₹100
Loan amount = ₹10,000
APR of loan = 10%
Loan term = 150 days
Daily Interest = ₹10,000 x 10% / 150days = ₹6.66
Total Interest = ₹10,000 x 10% = ₹1,000
Daily Repayment = ₹10,000 / 150days + ₹6.66 = ₹66.66
Repayment = ₹11,000 + (Processing fees) ₹100 = ₹11,100
Total Repayment = ₹11,100
No other hidden fees applicable to your loans
Monthly repayment example:
If you start repayment from January and lasts for five months, your monthly repayment detail is as follows:
January:31days * ₹66.66 = ₹2,066.46
February:28days * ₹66.66 = ₹1,866.48
March: 31days * ₹66.66 = ₹2,066.46
April: 30days * ₹66.66 = ₹1,999.8
May: Pay off all the remaining amount, ₹11,000 - ( ₹2,066.46 + ₹1,866.48 + ₹2,066.46 + ₹1,999.8) = ₹3,003 + (Processing fees) ₹100 = ₹3,103
NOTE: This Application Only Provide Guideline for How To Apply loan on mobile and not give any type of loan to you.
Our service “Online Loan | Instant Personal Loan App ” is not a lender and does not issue loans. All lenders who are compared have a corresponding license of a credit institution.
**Our service is not a lender and does not issue loans. All lenders who are compared have a corresponding license of a credit institution.