Mobile Rupee – Instant Personal Loan has been built with an intention to help the loan seeking borrowers with his urgent loan requirements online. Anyone can apply for Personal loan, Home loan, Business loan, Car Loan, Education Loan with in Mobile Rupee – Instant Personal Loan application.
About EMI Calculator for Instant Loan - Loan Apps in India:
The objective of our loan app is to give you the comparison using EMI calculator of all different apps in the market and tell you which app is the best for you.
With all the different apps in the market, it can be very confusing to find the best loan app. This is why we give you combined information about all loan apps along with expert recommendations on which app is best for you.
Mobile Rupee Products:
• Home Loan
• Personal Loan
• Business Loan
• Car Loan
• Education Loan
Eligibility:
• Indian resident with above the age of 18
• Salaried or Self Employed Individuals
• Minimum monthly salary ₹15000 or Annual Income is above 2.6 Lakh
• Employed since 1 year in existing company.
The interest rate ranges from
• 12% per annum to 25% per annum (APR) for Personal Loan & Business Loan
• 8% per annum to 15% per annum (APR) for Home Loan
• 10% per annum to 25% per annum (APR) for Car Loan & Vehicle Loan
• 8% per annum to 14% per annum (APR) for Education Loan
Personal Loan Repayment duration
Minimum 3 months to Maximum 60 months from the date of loan issued.
Representative Example:
Loan amount: ₹1,00,000
Interest Rate: 10.75% p.a.
Loan Duration: 5 years
Monthly Loan EMI: ₹2162
Total Interest amount = ₹29,708
Processing fees (PF) + GST = ₹1000 + ₹180 = ₹1180
In Hand Amount: Loan Amount - Total Deductibles = ₹1,00,000 - ₹1,180 = ₹98,820
Total repayable Amount: ₹1,29,708
*Deductibles are deducted upfront during the loan disbursal
Declaimers: We are not asking the to applicant pay advance money for the loan. Please be aware of such a kind of fraud. The min APR is 12% and the max APR is 28% in India. The app and its operators are NOT lenders but we represent brokers for or serve as agents for lenders.