Speed Loan - Fast Cash Loan App selects the best suitable loan offer with minimal interest rates and easy approval based on your loan eligibility. Get loan offers up to ₹5 Lacs at interest rates starting at 10% per annum.
✅ Loan amount: ₹5,000 to ₹5,00,000
✅ Interest rates: 6% to 24% per annum
✅ Loan Tenure: 6 months to 36 months
✅ Processing fee: 1% of the loan amount
Eligibility:
⇒ Indian Resident
⇒ Source of a monthly income
⇒ 21-60 years of age
Speed Loan Example:
⇨ Borrowed Amount = ₹1,40,000
⇨ Interest Rate (APR) = 14%
⇨ Loan Tenure = 12 months
⇨ Loan Processing Fee (incl. GST) = ₹1826
⇨ Loan disbursed = ₹1,38,174
⇨ Total Interest amount = ₹1,38,174 x 14% = ₹19,344
⇨ Total Cost of Loan = Processing Fee + Interest Amount = ₹1826 + ₹19,344 = ₹21,170
⇨ Loan EMI amount = ₹13,278
⇨ Total repayment amount = ₹1,59,344
Note:
Please visit the official website of the relevant department/authority for any complaints or queries regarding the scheme/information.
Disclaimer:
This app is not affiliated with any government or UIDAI scheme or associated with any government body. Please refrain from considering this app as an official application, and avoid sharing personal information such as your Aadhaar number or mobile number in the comments section.