Instant Personal Loan App, Loan Against Property APK is a free app listed in Finance Apps. Download this apk on your android phone to install this app
Download the LoanAdda app to avail best online offers on a personal loans, home loans, business loans, working capital loans, loan against property. Compare among a pool of offers from leading lenders with the lowest rates of interest starting at 10.75%. Powered by its proprietary algorithm based Machine Learning platform, LoanAdda App utilizes innovation to automate the whole loan process from online application and credit underwriting to disbursal. Our algorithms evaluate your loan application and disburse of your loan amount. This drastically cuts down the time period involved in a loan application and lets us serve you instantly. The average time taken for a loan to be approved is about 4 minutes, subject to proper documentation
Only Fintech Platform to disburse highest and first-ever online Rent Securitization Loan of Rs. 210 crore.
Personal Loans Personal loan have a shorter repayment tenure ranging from 1-5 years. Depending upon the individual applicant's profile and lender, the APR (Annual Percentage Rate) of a personal loan may vary from 10.75% to 35%.
Personal loan is a short to medium term loan to meet your immediate financial needs. Personal Loans are a form of unsecured loan and require no collateral. The funds can be used to meet your needs for debt restructuring, marriage, holiday expenses, home renovation etc, but the funds can be used to cover any financial need.
Interest Rates Personal loan interest rates start from 10.75% onwards and the tenure extends from 2 years and more. The exact interest rate depends on the profile of the customer and varies with loan amount, credit history etc.
Repayment Period The tenure for the loan starts from 1 year and can go upto 6 years
For example, if you take a loan of Rs. 3 lacs at the rate of 11% with repayment tenure of 5 years, your EMI will be Rs. 6,523. The total payable amount at the end of 5 years would be Rs. 3,91,380. Therefore, you are paying total interest amount to the tune of Rs 91,380. This, however, excludes other applicable charges which can be quantified as under:
Loan Processing Charge - 1%
What we offer: • Personal Loan • Home Loan • Loan Against Property • Working Capital Loan • Loan Against Rental Receivables • Business Loan • Balance Transfer of your existing loan
Key Highlights of the loan app: •Multi-linguistic support LoanAdda App is now available in 11 languages. Apart from English and Hindi now avail our services in Kannada, Tamil, Telugu, Urdu, Bangla, Marathi, Malayalam, Gujarati and Punjabi.
•Eligibility Checker Confused about your loan eligibility, just punch in your monthly income and current liabilities in our Eligibility Checker to better evaluate your loan eligibility.
•EMI Calculator Get details about various options on your monthly EMI payments using our online EMI calculator to choose an affordable repayment option for your loans.
•Instantly track IFSC codes pan India with our inbuilt IFSC code tracker.
Eligibility: Minimum Salary: in hand salary of Rs. 15,000/month. Minimum Age: 21 years and above
Operational cities: LoanAdda is operational in all major cities in India, which includes, but is not restricted to providing various Loan options in Delhi, Chandigarh, Visakhapatnam, Surat, Gurugram, Bangalore, Hyderabad, Mumbai, Thane, Pune, Noida, Ghaziabad, Kolkata, Jaipur, Chennai, Ranchi, Jamshedpur, Ahmedabad, Surat, Vadodara, Jaipur, Jodhpur, Udaipur, Ludhiana, Lucknow, Indore, Bhopal, Vijayawada, Greater Noida ,Salem, Calicut etc.
Security Every transaction over the LoanAdda App is 128-Bit SSL encrypted which means your data is transferred over a secure HTTPS connection secured through Amazon Cloud AWS Server.
All you need is a smartphone with the LoanAdda app and all your lending needs are taken care of. Download financial convenience at your fingertips by downloading the LoanAdda App.