Promise Loans

About Promise Loans

Promise provides the perfect loan solutions for daily life.
Promise Loans is an online loan service platform that empowers you to make the next financial move wherever you are.



Sample Loan :





Personal loans range from 10 USD to 10,000 USD

Tenure: 90 days to 1 year. Interest rates range from 2%-18% depending on the risk profile of the customer.

PERSONAL LOAN RATES AND FEES

Minimum repayment period is 90 days while the maximum repayment period is 120 days, with a Minimum Annual Percentage Rate (APR) is 25%

Loan Amounts: 10 USD to 700 USD
APR/Interest Rate: 20%-25% and Monthly Interest: 2% to 18%
Processing Fee: None
Onboarding Fee: None

Terms: Depending on your loan amount for which you are eligible, you have the option to choose repayment terms of up to 1 year. Every loan amount we offer has the option to repay in a minimum of 62 days.

Example: If the loan amount is 200 USD & interest is 25% per annum with tenure of 2 months, the interest for 2 months would come out to be 8 USD. The EMI per month would be 104 USD. This would translate to a maximum APR of 25%. The total cost of the loan will be 208 USD The total amount paid back including everything at the end of the term will be 208 USD.



If there is any issue let us know [email protected]