M100: At M100, we recognize the importance of continuous financial needs for micro businesses. Our app enables us to collect daily equated installments, allowing our customers to pay as they earn and reduce the burden of loans in 100 days tenure. This enables our customers to access 3 loans yearly to support their businesses continuously and drive them forward.
We understand the significance of daily deposits or daily savings for the future. M100 provides a hassle-free and secure platform for daily deposits from our customers.
Loan Offerings
- Loan Amounts: ₹1,000 to ₹1,00,000
- Interest Rates: 18% to 48.00% p.a.
- Tenures: 100 days
- APR Range: 0 to 70%
- Low Processing Fees
- Quick Loans & Easy EDIs
Features of M100 personal loan app
✔Quick Online Loans: Get Micro Business loans in hours
✔Competitive-Interest Rates: Flexible interest rates from 18% to 48.00% p.a
✔Easy Application Process: Simple and fast application with hassle-free documentation
✔Fast Loan Approval: Immediate loan approval with funds transferred in 24 hours
✔Digital Processing: 100% online process
✔Manageable EDIs: Daily repayment terms
Our Lending Partners
Sri Anantha Padmanabha Credit Co-Operative Society
Features of M100 Personal Loan App
- Quick Approval: Credit is approved in hours on our easy loan app
- Easy EMIs: Repay your loan within 100 days
- Digital process: Hassle-free paperwork; submit documents online
- Full Transparency: We maintain complete transparency with our customers
- Convenient: Get a quick micro business loan anytime, anywhere
- Languages: Available in English
Types of Loan offered & Deposit accepted
Micro Business Loan: ₹1000 to ₹1,00,000 with tenures of 100 days. Apply online with Aadhar, PAN card, Bank account verification, address proof and Business/Income-related documents
Example: Micro Business Loan for Self-employed
- Loan Amount: ₹10,000
- Tenure: 100 Days
- Interest Rate: 24% p.a.
- Processing Fee: ₹200/- (2%)
- GST on Fees: ₹36/-
- Total Interest: ₹657/-
- EMI: ₹106.57
- APR: 30.00%
- Amount Disbursed: ₹9,764/-
- Total Repayment Amount: ₹10,657/-
Eligibility Criteria
- Indian national
- Over the age of 21
- Steady daily income
Steps to Avail an Instant Loan
1. Install the M100 loan app
2. Sign up using your mobile number
3. Provide your Aadhar, PAN number, Bank Account and check eligibility
4. Upload KYC documents for verification
5. Accept Loan offer and set eNach Mandate
6. Money will be transferred to your bank account
Contact Us
Email:
[email protected] /
[email protected]
Call: 9606482561
Address: 5th Floor, Enzyme Octane, 27th Main Road, 18th Cross, HSR Sector 2, Bangalore, Karnataka 560102