"Instant Personal Loan App - Mobile Money" is a one-stop smart digital platform for different loans.
Where to Use our "Instant Personal Loan App - Mobile Money" app:
- Home Loan
- Car Loan
- Bike Loan
- Gold Loan
- Personal Loan
One can calculate the following things in the app:
- Calculate EMIs for any loan like a Car loan, Personal loan, Education loan, Home loan, etc.
- Calculate the EMIs with tenure of years or months.
- Calculate Total Interest Payable.
Product Characteristics:
- Minimum period for repayment = 3 months (90 days)
- Maximum period for repayment = 60 months
INTEREST CALCULATION EXAMPLE:
Loan amount: ₹ 30,000 at interest rate of 33% p.a.
Tenure: 62 Days.
Processing Fees: Rs. 1000.
GST: Rs. 180 (18%).
Deductibles: (Processing Fees + GST) = 1000+180= Rs. 1180.
Cash in hand: (Loan Amount - Deductibles) = (30000 - 1180) = Rs. 28820.
Total Interest Amount= Rs. 1650.
Total repayable Amount: Rs. 31650.
EMI: Rs. 15,825
INTEREST AND OTHER APPLICABLE CHARGES.
1.Annual Percentage Rate (APR) – 30%-33%, depending on customer profile.
2.Processing fees – Rs. 500 – Rs. 1449, depending on the loan amount.
ARE YOU ELIGIBLE FOR A LOAN?
1. You are an Indian citizen,
2. 21 years or older,
3. Salaried Individual,
4. You draw a minimum salary of Rs. 15000 every month.
Hope this app brings value to you
Do share your feedback/suggestions at our email address alternatively you can also rate the app and share your feedback down below.
DISCLAIMER:
We are not lenders but we represent brokers for or serve as agents for lenders that's it. We are not asking the to applicant pay advance money for the loan. Please be aware of such a kind of fraud. The lenders we connect you with DO NOT offer short-term loans.
Contact us by email:arielappsstudio@gmail.com