Guide for Instant loan

About Guide for Instant loan

Find out what documents are required for a Personal Loan. Check what eligibility you need & how you can get loan approval for up to 5 lakhs in few minutes.

Get Information :
=>What are eligibility criteria to get Aadhar loan?
=> Which documents are required to get Aadhar Card loan?
=> How Aadhar card loan online apply- Guide
=> Full Guide: How to fill Online Loan Application form Step to Step.
=> What is interest rate?

This are some informations that are available in application:-

☛ 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

Example
A new customer availing personal loan of ₹25,000 at an interest rate of 24%, processing fee of ₹500 for a period of 12 months would translate to an APR 27.97%.

Interest and EMI Calculation
If your loan amount is ₹ 25,000, APR is 20%, service fee is 10% and the term is 91 days. on the due date, the amount payable is ₹ 28746.6 (25,000 * 20% / 365 * 91 + 25,000 + 25,000*10%).

❉Cash Calculator:-
☞Calculate the total value of cash notes of different denominations.
☞Calculator for adding up denominations of bills and coins.
☞Calculator to add the number of bills and coins in various designations.

Disclaimer :
-> We only provide information to readers and visitors that are available in following government public domains.
-> We do not affiliate with any government entity, services or person.

Source of information :-

https://www.india.gov.in/topics/agriculture/loans-credit
https://nbcfdc.gov.in/loan-scheme-description/4/en
https://www.startupindia.gov.in/content/sih/en/government-schemes.html