What is a Personal Loan?
A Personal Loan is a loan that can be availed for any personal purpose such as as home renovation, wedding, medical emergencies, travelling, debt repayments, bill payments and more. Unlike other loans, Personal Loan does not require any collateral or security and can be easily availed with minimum documentation. Like any other loan, you can repay Personal Loan with EMI (Equated Monthly Instalments); debited from your bank account.
 
What does personal loan mean?
A personal loan is a form of credit that can help you make a big purchase or consolidate high-interest debts. Because personal loans typically have lower interest rates than credit cards, they can be used to consolidate multiple credit card debts into a single, lower-cost monthly payment.
 
 
How does Personal Loan Work?
To avail the Personal Loan, all you need to do is submit the loan application form. On meeting the eligibility criteria, you will get an offer with the sanctioned amount, tenure of loan and interest rate. Once you accept the offer, funds are transferred to your bank account instantly. You can also submit the application form online In just a few clicks.
 
 
Loan characteristics :-

Loans range:  ₹1,000 to ₹2,00,000.
Duration:  91 days-365 days
Interest Rate:  Depends on the customer's risk profile and loan Tenure:  The interest rate is from 10% to 25% per annum.
Minimum Annual Percentage Rate (APR):  18%
Maximum Annual Percentage Rate (APR):  25%
Daily interest rate：0.068%（25%/365=0.068%）
Service charge:  0%-20% (No other hidden fees applicable to your loans)
 

Example :-
 
If the loan amount :-  ₹10,000,
Annual interest rate :-  10%,
Service fee :-  2% 
Loan period :-  180 days (3 months)
Repayment interest :-  ₹493.16(Calculation formula:₹10,000 * 10% / 365 * 180=493.16)
Service charge :-  ₹200（Calculation formula:₹10,000*2%=₹200）
Total repayment amount :-  ₹5746.58（Calculation formula:₹10,000+₹493.16+₹200=₹10,693.16）
Monthly repayment :-  Repayment in 3 installments, the monthly Repayment amount :-  ₹3,564.38 （Calculation formula:₹10,693.16/3=₹3,564.38）

 
 
Features :
- Minimal documentation.
- No credit history required.
- Can be accessed Pan India.
- Immediate bank transfer.
- 100% Online process.
- 24x7 access to loans.
- Fast approval.


NOTE: This Application Only Provide Guideline for How To Apply loan on mobile and not give any type of loan to you.
 
Declaimers:
We are not asking to applicant for pay advance money for loan. Please be aware suck kind of fraud.
  To avail the Personal Loan, all you need to do is submit the loan application form. On meeting the eligibility criteria, you will get an offer with the sanctioned amount, tenure of loan and interest rate. Once you accept the offer, funds are transferred to your bank account instantly. You can also submit the application form online In just a few clicks.  
Loans range:  ₹1,000 to ₹2,00,000.
Duration:  91 days-365 days
Interest Rate:  Depends on the customer's risk profile and loan Tenure:  The interest rate is from 10% to 25% per annum.
Minimum Annual Percentage Rate (APR):  18%
Maximum Annual Percentage Rate (APR):  25%
Daily interest rate：0.068%（25%/365=0.068%）
Service charge:  0%-20% (No other hidden fees applicable to your loans) If the loan amount :-  ₹10,000,
Annual interest rate :-  10%,
Service fee :-  2% 
Loan period :-  180 days (3 months)
Repayment interest :-  ₹493.16(Calculation formula:₹10,000 * 10% / 365 * 180=493.16)
Service charge :-  ₹200（Calculation formula:₹10,000*2%=₹200）
Total repayment amount :-  ₹5746.58（Calculation formula:₹10,000+₹493.16+₹200=₹10,693.16）
Monthly repayment :-  Repayment in 3 installments, the monthly Repayment amount :-  ₹3,564.38 （Calculation formula:₹10,693.16/3=₹3,564.38）
 
 
Features :
- Minimal documentation.
- No credit history required.
- Can be accessed Pan India.
- Immediate bank transfer.
- 100% Online process.
- 24x7 access to loans.
- Fast approval.


NOTE: This Application Only Provide Guideline for How To Apply loan on mobile and not give any type of loan to you.
 
Declaimers:
We are not asking to applicant for pay advance money for loan. Please be aware suck kind of fraud.