Payday Loan app is help you to getting information of a loan on your mobile
Payday Loan - Fast Cash Assist app is help you to getting information of a loan instant on your mobile and You will learning how to get a different type of loan.
☘ Interest calculation
If your loan amount is ₹ 20,000, APR is 20%, service fee is 10% and the term is 91 days. on the due date, the amount payable is ₹ 22,997.6 (20,000 * 20% / 365 * 91 + 20,000 + 20,000*10%).
☘ EMI Calculator:
EMI Calculator is a simple loan calculation tool that helps the user to quickly calculate EMI and view payment schedule. Use this Loan EMI Calculator to calculate your EMI (Equated Monthly Instalment), plan your loan repayment in an effective way. You can also easy to compare two loans by using Loan EMI Calculator.
☘ Main Features :
• Loan Calculator
• GST Calculator
• SIP Calculator
• Currency Converter
• Compare Loans
• EMI Statistics
• Finance Calculator & Statistics
• Best loan app for emergency funds with no collateral required.
• Fund safety, protected by advanced server.
• Flexible personal loan app in India with higher transparency and security.
• Cover your personal expenses through paperless documentation and secure experience.
• 100% Online process.
• This app has made the personal loan application and disbursement process more easier and convenient.
☘ Example
- Credit ₹5,000 at an APR of 12% (per annum) with a tenure of 61 days
- Interest of loan = ₹5,000 x 12 %/ 365 x 60 = ₹100
- Processing fee of loan = ₹5,000 x 3% = ₹125 (Also on which GST apply of ₹27)
- Total cost of the loan = ₹225
- Total loan amount disbursed will be credit is ₹4,848 (₹5,000 - ₹152)
- Total loan amount to repay will be ₹5,100 (₹5,000 + ₹100)
- Monthly repayments of ₹2,550
This application is just an informative guide and will not provide direct loan to any user of this app. This app is not affiliated with any loan provider.
☘ NOTES:
• This app is just a financial tool and not any loan provider or connection with any NBFC or any finance services.
• This app is working as a financial calculator app and not giving any lending services.
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