At Eraavat Loan, we offer quick, easy, and flexible personal loans to meet your financial needs. Whether you are handling an emergency expense, funding a personal project, or managing day-to-day financial demands, our loan products are designed with you in mind. With Eraavat Loan, you can enjoy a transparent, simple, and paperless process – no hidden fees or complex paperwork.
 
Loan Terms & Conditions
· Loan Amount: ₹2,000 to ₹120,000, based on your financial profile.
· Loan Term: Flexible terms up to 12 months.
· Interest Rate: 1.8% per month (approx. 21.6% annual IRR). Max APR 24.3%(Compounded)
· Approval: Fast approval, usually within minutes.
· Loan Disbursal: Funds transferred directly to your bank account post-approval.
 
Loan Calculation Example

Let’s look at an example for clarity:
· Loan Amount: ₹30,000
· Interest Rate: 1.8% per month
· Loan Term: 12 months
Monthly Interest:
₹30,000 × 1.8% = ₹540 (added to your balance each month).
Total Repayment:
To calculate your total repayment:
₹30,000 × 1.2315 ≈ ₹36,945 (total repayment after 12 months).
 
Key Loan Terms
· Monthly Interest: 1.8% on the outstanding balance.
· Annual Interest: Approx. 21.6% (reducing balance method).
· Compounded Annually: Max APR 24.3%, reflecting the yearly compounding effect.
We ensure transparency – all loan terms, including interest rates, repayment schedules, and any fees, will be clearly shared during the loan application process. No hidden charges.
 
Key Benefits of Choosing Eraavat Loan
· Transparent & Upfront: What you see is what you get. All fees and repayment amounts are disclosed before you apply, so you can make an informed decision.
· Fast & Paperless: Complete your application from the comfort of your home, without the hassle of paperwork. Instant approval and loan disbursement – all in a few minutes.
· Flexible Repayment Options: Choose loan terms that fit your budget – up to 12 months.
· Quick Access to Funds: Once approved, the money is in your bank account. Use it whenever you need it.
 
How to Apply for a Loan
Getting a loan with Eraavat Loan is quick and easy. Follow these steps:
1.Download the Eraavat Loan App from the App Store.
2.Sign up using your active mobile number.
3.Complete KYC by submitting your Aadhaar, PAN card, and bank details.
4.Choose your loan amount and select a preferred repayment term (up to 12 months).
5.Get your loan approved and the funds transferred directly to your bank account.
 
Flexible Repayment Options
We understand that everyone's financial situation is unique. That's why we offer flexible repayment options to suit your needs. Choose the loan term that works best for you and your budget, and if you need help, our customer support team is here to assist you throughout the process.
 
Additional Features of Eraavat Loan
· Seamless Experience: Our platform is designed for easy navigation, and we prioritize your user experience. The application process is quick, intuitive, and entirely online.
· Secure Transactions: We prioritize the security of your personal data. All transactions and communications are encrypted to ensure your privacy is protected at all times.
· Customer Support: If you have any questions or concerns, our customer support team is available to assist you via phone, email, or in-app chat. We’re here to help you through every step of your loan journey.
 
Contact Us
For more information, or if you need any assistance, feel free to reach out to us:
· Email: [email protected]
· Phone: +91 8653892695
· Office: Beh Shiv Temple Neel Kanth Colony Solank Talkies Road, Jaipur, Rajasthan 311001, India.

Lender, Service Provider: 
Eraavat Capital Private Limited(NBFC).