About 1 Min Me Pancard Loan Guide
1 Min Me Pancard Loan Guide provides full guidance about
Pan Card Se Loan
Kaise Le in hindi.
Document required for this Pan Loan, supported business and other details
:- Loan Amount: ₹1,000 up to ₹10,00,000
:- Minimum Annual Percentage Rate (APR): 8%, Maximum APR: 18%
:- Minimum repayment period: 6 months, Maximum repayment period: 36 months
:- Processing Fees: 0%
:- If customers opt for a Value-Added Service, the fee for the same shall be levied additionally
Eligibility Criteria to Apply for Loan
:- Indian citizen
:- Between the age of 18-60 years
Example of Pan Loans- Amount Borrowed (Principal) = $20000/-
- Interest Rate = 3% monthly Simple Interest
- Tenure = 6 months
- Processing Fee = $600
- Amount disbursed = $20000
- Your EMI amount = $3692
- Interest amount = $2152
- Total Cost of Loan = $600+$2152 = $2752
- APR = (2752/20000)*12/6 = 27%
A representative example of the total cost of the Loan Amount, including all applicable fees:
-️ Loan Amount: $50,000
- Tenure: 12 months
-️ Interest Rate: 22% (on reducing principal balance interest calculation)
-️ EMI: $4,680
-️ Total Interest Payable: $4,680 x 12 months - $50,000 Principal = $6,160
- Processing Fees: $1,475
- Disbursed Amount: $50,000 - $1,475 = $48,525
-️ Total Amount Payable: $4,680 x 12 months = $56,160
- Total Cost of the Loan = Interest Amount + Processing Fees = $6,160 + $1,475 = $7,635.
Loan TypesOnline loan, a good choice to help you, you can get a loan through direct bank transfer. All you need is your PAN Card & Address Proof to avail ₹10,000 to ₹5,00,000 for a tenure ranging from 90 days to 36 months.
Our online Pan loan Guide app is feature-filled to meet your needs. Get Loan On Pancard App is a one-stop-shop for
:- Personal Loans
:- Business Loans
:- Home Loans
Disclaimer:
The Purpose of this App is only a Guide to How To know How To Take Loan And How It Works.
We are not providing any types of loans or money against any property.
This is NOT an official aadhar app and we are not affiliated with the UIDAI in any way.
The purpose of this app is only Guide to How To know aadhar details And How It Works.
