Magic Loan - Get Online Loan Application

About Magic Loan - Get Online Loan Application

Magic Loan is a loan application that provides loans online, applies for online loans, and receives direct cash transfers up to ₹250,000 to your bank account
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Characteristics of loan services:
Loan limit :₹5,000 to ₹250,000
Interest rate: minimum annual interest rate is 17.5%,maximum annual interest rate is 29%
Term :120 days minimum ,365 days maximum
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Example:
If you borrow ₹5,000, the annual interest rate is 17.5%,and the borrowing period is 365 days,the interest you need to pay is：
₹5,000 x 17.5%=₹875
The total amount will be paid after one year is ₹5,875
-No service charge
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Eligibility:

1. Above the age of 21 years
2. Should have monthly source of income
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How does it work？
1.Install Magic Loan from Play Stores
2.Choose the product you want to apply for.
3.The final application result will be shown in the APP after submission.
4.After approval, provide the consent of the loan agreement.
5.The loan agreement is confirmed, the approved loan amount will be allocated to your account

Instant access to loans sent straight to your mobile phone.
You can borrow more than 1 loan at a time. *As long as you are within your loan limit.*
Ability to sort out emergencies when they arise no matter where you are.
Your information is secure and is not shared with third parties.
Lowest interest rate in the market.
It is easy to use.

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About Magic Loan:
Magic Loan is a financial lending platform providing users with trustful loan products based on the assessment of credit. Dedicated to providing users with convenient and safe lending services. Magic Loan promises our users that all user privacy is 100% confidential and secured with the platform and users will never need to wait for long hours

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About us

Address：
4th Floor Kalyan Bhavan , Tamil Nadu (TN), India (IN), Pin Code:- 620001
Email Id: [email protected]