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 UrbanMoney Loan App that can solve all your financial woes.
What are the documents required to take a loan from UrbanMoney Loan App?
- Last 3 months Bank Statement, Salary Slip/Joining Letter for Salaried Professionals
- Aadhar Card
- College ID card for Students
- Pan Card
How much loan will be available from UrbanMoney Loan App?
UrbanMoney Loan App offers a wide range of benefits to its users. Let’s delve into the specifics. Firstly, you can avail yourself of Rs 500 to Rs 50,000 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 61 days to 120 days, giving you ample time to repay the borrowed amount.
What will be the rate of interest for taking loan from UrbanMoney Loan App?
When it comes to the interest rates, UrbanMoney Loan App offers competitive rates that range from 2% to 9% per month. 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.
For example, for a student or salaried personal loan of –
Loan amount – Rs 2000
Tenure – 3 Months
Interest Rate – 5% per month
Processing Fee – Rs 0
GST on Processing Fee – Rs 0
Total Interest – Rs 300
APR – 60%
Loan amount is Rs 2000, Disbursed amount is Rs 2000. Total Loan repayment amount is Rs 2300
Who will get loan from UrbanMoney Loan App?
UrbanMoney 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.
Key Features
✔ Instant Personal Loan upto Rs 50,000
✔ Cash Transfer to Bank/Paytm Account, cash loan within a minute
✔ Flexible Repayment Options, Repay in 4 Months
✔ Rewarded for Timely Repayments
✔ NIL Processing fees with maximum APR of 108%.
Interest rates range between 1% to 9% per month. Maximum tenure is 120 days.
How to apply for a loan from UrbanMoney Loan App?
Applying for a loan through UrbanMoney 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!
UrbanMoney Loan App Customer Care Number
If you have any queries or require assistance, the UrbanMoney Loan App customer care team is readily available to support you. You can reach them via email at care@moneywide.com or by contacting them at +91-9911862226.
Is UrbanMoney RBI approved?
Yes, UrbanMoney is managed by Hytone Merchants PVT LTD, which is an RBI-approved NBFC.
Who is the publisher of UrbanMoney?
Hytone Merchants PVT LTD
We hope this information about the loan amount, repayment duration, interest rates, eligibility criteria, and application process for UrbanMoney 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!
Leave a Reply