SwipeLoan - Instant Loan

About SwipeLoan - Instant Loan

SwipeLoan is an online Instant Loan platform provides you instant credit in minutes.
It is a loan product of Salora Capital Ltd and NSMK INVESTMENTS PVT LTD which are registered NBFCs under RBI. You can avail loan amount ranging up to ₹50,000, process is fast, easy and safe.

If you are looking for a friend who can easily borrow money without making excuses, SwipeLoan is your best friend.

Production:
Loan Amount: from ₹5000 to ₹50000

Minimum Loan Tenure: 91 days
Maximum Loan Tenure: 365 days
Maximum Annual Percentage Rate (APR): 35% per annum
Processing Fee: from ₹500 to ₹5000 depend on the loan tenure and amount
GST: 18% on the processing fee in accordance with the law and policy of India

The representative example:
For the loan amount is ₹5000 and the interest rate is 28% per annum and the tenure is 90days, then the interest payable is calculated as follows:
Interest = ₹5000 x 25% / 365 x 90 = ₹308
Processing Fee = ₹100
GST = ₹500 x 18% = ₹18

The total repayment amount in 90 days shall be ₹5000 + ₹308 + ₹100 + ₹18 = ₹5426
APR = (₹5426 - ₹5000) / ₹5000 / 90 x 365 = 34.51%

Why choose SwipeLoan?
✔ Lower Interest Rates: Get loans for multiple purposes at lower interest rates to suit your needs
✔ Fast Processing & Disbursal: Apply online, check your eligibility and get money directly in your bank in 2 minutes
✔ Easy Repayment Options: Repay the loan amount in easy EMI with flexible tenure options.
✔ 100% Paperless: No paperwork or physical documentation is required, and you can apply and get a loan completely online.
✔ Safe, Secure and Transparent: No paperwork or physical documentation is required, and you can apply and get a loan completely online.
✔ Collateral Free: No collateral is required to apply for our loans.

What should you do first?
1. Download and install the SwipeLoan App.
2. Create an account.
3. Upload your KYC documents, which includes your ID, address proof, and PAN card.

Eligibility:
You must be an Indian national.
You must be over the age of 21.
You must have a steady source of income on a monthly basis.

Minimal household income eligibility:
Annual household income is above Rs. 3,00,000/- (Three lacs) by all sources and means.
The term ‘household’ shall mean an individual family unit, i.e. husband, wife and their unmarried children who are above the age of 18 years.

Contact us if you have any questions:
info@swipeloan.in or 08037475441
#219 Gera Imperium Rise , HInjewadi Phase 2 Pune 411057