Simple Loan - Instant Personal Loan, Daily Earn Cash
Welcome to Simple Loan! We offer several different kinds of loan types for your every need.
Simple Loan : Instant Personal Loan App is a personal loan and credit platform for young professionals, where you can apply for personal loans online.
=> Loan characteristics:
Loan amount from 750 to 50,000
Repayment periods from 61 days to 180 days
APR from 12% to 18% per annum
Processing fees range from 3% to 12% (GST 18% applies)
You may be charged up to 0.2% daily late fees for late payments (capped to 18% of principal amount overdue).
No other hidden fees applicable to your loans!
Instant Loan provides affordable online Indian personal loan.
An example of a loan.
Borrow 5,000 at an APR of 24% (per annum) with tenure of 61 days
Interest = 5,000 x 24%/365 x 60 = 200
Processing fee = 5,000 x 5% = 250 (on which GST apply of 45)
Total cost of the loan = 450
Total amount disbursed will be 4,705 (5,000 - 295)
Total amount to repay will be 5,200 (5,000 + 200)
Two monthly repayments of 2,600
Simple Loan is a leading cash online personal loan app provider because of:
1. Short Processing Time,Low loan threshold.
2. Affordable and low-interest rates.
3. Loan application is secure and confidential.
1. Age requirement must be above 18+ years old.
2. You must be a citizen of India.
In this app EMI Calculator is available :
* Simple Loan Calculator is Calculate monthly payment EMI.
* Simple Loan Calculator Home Loan, Personal Loan and Car Loan EMI Calculate.
* Simple Loan Calculator Easy to Access and Innovative.
* Simple Loan Calculator Flexible and User Friendly Interface and Good Usability.
* Simple Loan Calculator Pie Chart Help Easy to Understand.
* Simple Loan Calculator App Available for FREE to use.