Greetings, dear readers! You may have come across the saying that “money is not everything” at some point in your life. However, in today’s world, the importance of money has taken a different turn. Money has become a vital aspect of our lives, allowing us to achieve various goals. It serves as a reliable companion during challenging times, providing the means to overcome obstacles. With money, we can conquer any problem and fulfill our desires. Therefore, if you’re in need of funds, worry not! Today, I bring to you an exceptional loan app called Advance Loan Loan App that can solve all your financial woes.
How much loan will be available from Advance Loan Loan App?
Advance Loan Loan App offers a wide range of benefits to its users. Let’s delve into the specifics. Firstly, you can avail yourself of a loan of 5,000 rupees to 200,000 rupees through this app, ensuring that your financial needs are adequately met. Moreover, the flexibility of loan repayment periods is remarkable, allowing you to choose a timeframe ranging from 100 days – 365 days, giving you ample time to repay the borrowed amount.
What will be the rate of interest for taking loan from Advance Loan Loan App?
When it comes to the interest rates, Advance Loan Loan App offers competitive rates that range from 18.25% – 25% annually. This ensures that you can secure a loan at favorable terms, easing the burden on your financial journey. To apply for a loan, you will need to provide essential documents, including your Aadhar card and PAN card.
Example of repayment of principal and interest at maturity
The loan amount is 10,000 rupees,
The loan period is 120 days
The applicable fees are= ₹100. (₹10,000 * 1%)
GST is= ₹18. (₹100 * 18%)
Interest payable is= ₹600(₹10,000 * 18.25% / 365days * 120days)
Total cost of the loan is =₹718 (₹100+ ₹18 + ₹600)
Total repayment amount for 120 days is =₹10,718 (₹10,000 + ₹718)
Monthly repayment is ₹2,679 (₹10,718/4)
Who will get loan from Advance Loan Loan App?
Advance Loan Loan App is designed to cater to the needs of Indian citizens above the age of 18. If you meet these criteria, you can take advantage of the low-interest rates, hassle-free loan approvals, and generous repayment periods offered by this app.
What are the documents required to take a loan from Advance Loan Loan App?
- Bank Card
- Pan Card
- Aadhar Card
How to apply for a loan from Advance Loan Loan App?
Applying for a loan through Advance Loan Loan App is a straightforward process. Simply download the app, register your mobile number, and fill in your basic information. Next, upload the necessary documents, and once your loan is approved, the loan amount will be disbursed directly into your account. It’s that simple!
Application qualification
1.Must be at least 18 years old
2.The maximum age at the time of loan is 60
3.Indian citizen
4.The borrower should be a salaried employee with stable income
Advance Loan Loan App Customer Care Number
If you have any queries or require assistance, the Advance Loan Loan App customer care team is readily available to support you. You can reach them via email at coolservicecus@hotmail.com.
Is Advance Loan RBI approved?
No information available
Who is the owner of Advance Loan?
D O S Lease & Finance Private Limited
We hope this information about the loan amount, repayment duration, interest rates, eligibility criteria, and application process for Advance Loan Loan App has been helpful to you. We appreciate the time you’ve taken to read this post. Should you have any further questions, feel free to reach out. Thank you!
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