MoMo is an App with revolving credit product.
Under the premise of meeting the product requirements, you can borrow & repay at any time and the credit supports multiple cycles of use.Loan Amount, from ₹3,000 to ₹30,000. The interest rate is 36% per annum for 60 days duration.
There is no limit on the number of loans in 60 days, the repayment period is 15 days for each loan and part repayment available.Partial repayment is allowed when due，The maximum repayment period is 60 days.
Loan Calculate Template:
If the loan amount is ₹ 3000, interest rate is 36% per year, the minimum loan period is 15 days, Fees as below:
Interest= ₹3000*36%/365*15=₹45;
Processing fee=₹3000*13.98%=₹419.4;
Processing fee rate is based on personal credit. Start from 13.98% and up to 20.76%.
Sign up in seconds, create your profile in minutes, apply for a loan& get your approval status after a review. When it's approved, borrow any amount from your credit limit and transfer the amount directly to your bank account. No waiting time! So apply for MoMo now and dispel that cash crunch!
Features:
1. Payback and use again immediately
2. 100% Online process
3. Credits given by comprehensive credit score
4. No guarantee/security required
5. Fast approval
6. Immediate bank transfer
7. Secure transaction
8. Easy and flexible repayment options
9. Backed by excellent customer service
Eligibility:
1. Indian citizen with Aadhaar
2. Have a bank account in India such as SBI, HDFC, Kotak, Axis
How it works:
1. Download MoMo App from Google Play store
2. Register/Login with Phone Number
3. Complete basic information and upload KYC documents
4. Get your credit limit after a review
5. Get money into your account
6. Repay the loan before and on the due date
Documents required:
1. Selfie
2. Identity proof: PAN Card, Aadhaar Card and Voter Card(optional)
3. Bank Card
4. Latest Bank Statement File, Business Card and Salary Slip
Contact us:
If you have questions or complaints, please leave us a message through the Feedback page in our application or contact our customer service center. We are ready to serve you.
➡️ Call: 018-36670970(Service time: Monday-Saturday 10:00am-17:00pm)
➡️ Mail: [email protected]
➡️ Official Website: http://www.moneed.net
➡️ Facebook: https://www.facebook.com/MoNeed2018
Security & Privacy:
Data security & privacy is given top priority at MoNeed Technical Service Pvt. Ltd. We comply with the highest security standards & protocols. All transactions are 100% secured.
Manage your accounts anytime, anywhere from your mobile phone device.
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