Loan Instant – CashLoan Pro

1.6

- Loan amount: From ₹1,000 to ₹200,000
5.0/5 Votes: 564
Developer
Sync Money PVT.LTD
Version
1.6
Updated
December 29, 2021
Requirements
4.4 and up
Size
11M
Get it on
Google Play

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Description

– Loan amount: From ₹1,000 to ₹200,000
– Interest rates: From 0% to 29.95% per annum
– Tenurea: 91 days to 15 months

– One of our primary partner NBFCs – SRI CHAKRA INFOWAYS LTD is a Systemically Important NBFC within the group companies carrying the Loan Instant – CashLoan. Loan Instant – CashLoan does not directly participate in lending activities, but only provides a platform to facilitate registered non-bank financial companies (NBFC) or banks to lend users.

– Loan Instant – CashLoan is an online loan application and credit platform for professionals from all over India, where you can apply for a loan online and transfer up to 200,000 rupees in cash to a bank account.

– Loan Instant – CashLoan is a platform facilitating the loan transactions between the borrowers and the NBFCs/Banks. All loan applications are approved and sanctioned by NBFCs/Banks registered with RBI and communicated upfront during Loan application.

Loan Types :
– Online loan, a good choice to help you, you can get a loan through direct bank transfer. All you need is your PAN Card & Address Proof to avail ₹1,000 to ₹50,000 for a tenure ranging from 91 days to 6 months.

– Online loan-a new option for online loan where you can avail amounts from ₹10,000 to ₹2 Lakhs as direct bank transfer for tenure ranging from 3 to 15 months. All you need is your PAN Card, Address Proof and Salary Proof.

Online loan for Salaried example:

– Loan amount: Rs. 50,000
– Tenure: 12 months
– Interest Rate: 20% per annum
– Processing Fee: Rs. 1,250 (2.5%)
– New customer onboarding Fee: Rs. 200
– GST on Processing and Onboarding Fees: Rs. 261
– Total Interest: Rs. 5,581
– EMI: Rs. 4,632
– APR: 23.2%
– Loan amount is Rs. 50,000. Disbursed amount is Rs. 48,289. Total loan repayment amount is Rs. 55,581

Other online loan example:

– Loan amount: Rs. 10,000
– Tenure: 3 months
– Interest Rate: 27% per annum
– Processing Fee: Rs. 500 (5%)
– GST on Processing Fees: Rs. 90
– Total Interest: Rs. 453
– EMI: Rs. 3,484
– APR: 34%
– Loan amount is Rs. 10,000. Disbursed amount is Rs. 9,410. Total loan repayment amount is Rs. 10,453

Loan Instant – CashLoan Features :
1. 100% Online process
2. Fund safety, protected by advanced server
3. Loan transfer via bank

Loan Instant – CashLoan Eligibility :
1. Indian resident
2. Above the age of 18 years
3. Should have monthly source of income

How to get started :
1. Install One Loans App
2. Create your account
3. Fill your basic details to check first level eligibility
4. Upload KYC documents – ID, Address Proof & PAN card
5. Avail Loan as bank transfer or E-voucher as per your request

Fees & Charges :
– Interest rates range from 0%-29.95% with equivalent monthly interest rate of 0%-2.49% only.
– A small processing fee is charged for loans e.g. for low risk customers 0% – 3% of the principal, for very high-risk customers 2.5% – 7%*.
– One Loans charges one-time service fee while onboarding or during upgrade which is ₹20-₹350 depending on the risk profile.

*The charges and repayment tenures vary based on creditworthiness and repayment ability of the customers. Penalty is charged only when someone delays their scheduled payment.

Loan Instant – CashLoan Contact Us :
– Email : [email protected]

Loan Instant – CashLoan Address :
– C-9 SATYAM SHOPPING CENTREGROUND FLOOR M G ROAD GHATKOPAR EAST MUMBAI Maharashtra INDIA 400077

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