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 Kosh Loan App that can solve all your financial woes.
Who will get loan from Kosh Loan App?
Kosh 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.
How much loan will be available from Kosh Loan App?
Kosh 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 up to Rs. 2 Lakhs 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 3 months to 10 months, giving you ample time to repay the borrowed amount.
What will be the rate of interest for taking loan from Kosh Loan App?
When it comes to the interest rates, Kosh Loan App offers competitive rates 24% – 33% 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:
✔ Amount Borrowed (Principal) = ₹20000/-
✔ Interest Rate (APR) = 18% – 33%
✔ Tenure = 10 months
✔ Processing Fee = ₹400
✔ Amount disbursed = ₹19,600
✔ Your EMI amount = ₹2315 (sample monthly payment based on PMT method)
✔ Interest amount = ₹2315 x 10 – ₹20000 = ₹3150 (sample interest calculation)
✔ Total Cost of Loan (Including all applicable fees) = Processing Fee + Interest Amount + Principal = ₹400 + ₹3150 + ₹20000 = ₹23550
What are the documents required to take a loan from Kosh Loan App?
- Aadhar Card
- Pan Card
- Salary Slip / Employment Id
How to apply for a loan from Kosh Loan App?
Applying for a loan through Kosh 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!
Kosh Loan App Customer Care Number
If you have any queries or require assistance, the Kosh Loan App customer care team is readily available to support you. You can reach them via email at public@getkosh.com or by contacting them at +91-8826790791.
office address is:
Adhikosh Financial Advisory Pvt. Ltd.
#456, Sector 45, Gurgaon,
Haryana 122003
Is Kosh RBI approved?
Yes, Kosh is an RBI-approved NBFC.
Who is the publisher of Kosh?
Adhikosh Financial Advisory
We hope this information about the loan amount, repayment duration, interest rates, eligibility criteria, and application process for Kosh 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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