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About TakaMall

Application name: TakaMall

Product Calculation Formula.
For a loan of Rs. 10,000 with a term of 120 days, the following fees are charged.
Daily interest rate: 18.25%/365 = 0.05%
Interest to be paid per day: 10,000*0.05 %=Rs.5
Interest to be paid per month: 10,000*0.05 %*30=Rs.150
Monthly payment: 10,000*0.05%*30+ 10,000/120*30=Rs.2,650 collected
Total interest: 10,000*0.05%*120 = Rs 600
The total payment to be made after the loan is due is Rs 10,000 + 600 = Rs 10,600
- Upon approval of the loan application, the user will receive Rs 10,000 as the principal amount of the loan; upon termination of the loan, the user's repayment amount will be the total principal amount and interest without any other charges,.
It is worth noting that there are no hidden fees.

APR & Fees.
Minimum Loan Rs.6000 ~ Maximum Rs.40,000
Loan Term 94 days ~ Max. 180 days
Loan interest rate (maximum APR) 18.25%
No hidden fees, transparent and clear charges

Features.
1. Higher loan amount: amount up to Rs. 50,000
2. Fast loan approval: online application, fast approval and fast disbursement.
3. secured loan. Personal information is encrypted throughout to ensure data security

Commercial Loans
TakaMall is not directly involved in lending activities and only provides a platform to Non-Banking Financial Companies (NBFCs) to help users borrow money, TakaMall is affiliated to NBFC / Financial Institutions Works which is authorized and regulated by RBI.[Sikri Finlease Private Limited] is an NBFC organization with whom we work.

Product Application Terms.
Loans. Citizens permanently residing in India
Age: 18 years and above
Wealth: with a stable source of income

Work Steps to use the product.
1. Download Tap Money app from Google Play Store and sign in with your mobile number to register
2. Fill in your personal information
3. Submit your application
4. Review the order and the amount will be credited to your account

Contact Us.
TakaMall's customer service is ready to help you. Please contact us via the following methods.
Email: [email protected]
Address: 902, 9th Floor, Windsor Building, Off CST Road, Kalina, Santacruz (East), Mumbai - 400098 Maharashtra, India.

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