Welcome guys today I am going to tell you how you can take a loan from the instamoney personal loan app. Insta money personal loan is a popular online loan application in India.
Insta money loan application has more them 1 million google play store downloads and with a 3.8-star user rating, this application is providing continuous personal finance services all over India.
Insta money personal loan application is powered by lendenclub, which is an RBI-registered NBFC in India and this application takes your privacy and user data seriously. Taking a loan from the instamoney loan app is quite easy and only takes a few minutes to apply.
Within just 2 hours you can take a personal loan up to 25000 with flexible repayment options and with an affordable interest rate. Insta money is one of the best loan apps in India in terms of loan approval rate.
Once your loan gets approved in the insta money personal loan app the loan amount will be automatically sent to your bank account. Insta money loan app charges the lowest loan processing fee in the market.
InstaMoney- Powered by LenDenClub, An RBI Registered NBFC-P2P is an instant short-term cash loan product for salaried individuals, looking for very short-duration loans to fulfill their needs of shopping, consumer durable purchase, down payment for bikes which they want to repay within 3-5 months.
⏩ InstaMoney Personal Loan Specifications
Insta-money personal loan has various features that can't be ignored. They are as follows-
- Instant Loans from Rs. 5000 up to Rs. 25,000.
- Interest rates range from 24% to 36% per
- annum.
- 100% Online application with minimal
- documentation.
- No physical documentation.
- No prepayment charges.
- Processing fee - Rs. 199 of the loan amount.
- Loan tenure - 3 to 5 months.
- NBFC Registered Loans.
- Secure & Trustworthy Platform.
⏩ InstaMoney Loan Eligibility Conditions
Age Group: 21 - 45 years old.
Interest: Looking for a Personal Loan
Employment Type: Salaried Professional
Monthly income: Rs. 12,000+
Credit Score: Any (Borrowers from States such as Uttar Pradesh, Delhi, West Bengal, Orissa, Bihar, Jharkhand, and Chhattisgarh should have a credit history or credit cards to proceed or be eligible.
Insta Money Personal Loan Features ⏩
⭐️Instamoney loan app is easy to sign-up, log in & loan apply process, simple user-friendly interface.
⭐️EMI Calculator, loan planner, and other features.
⭐️ Insta Money personal loan is a simple loan application process & quick loan disbursal in a few hours. Get a response within hours.
⭐️Get the loan amount directly to your bank account.
⭐️To apply for a loan in insta money app, no physical documentation is required. Only an adhar card, pan card, and your bank statement is needed.
⭐️You can customize your loan amount & EMI according to your choice anytime in insta money loan app.
⭐️ NBFC Registered
How To Apply For InstaMoney Loan : Instamoney personal loan kaisr le
The instamoney loan app user interface and it's loan apply process very simple. The entire loan application process of the insta money loan app can be completed within minutes. From the app sign-up to loan approval, everything takes just a few seconds.
Just follow the below steps to successfully take a loan from the instamoney personal loan app.
Step 1 – Install the instamoney app from the below-given link and sign up with your mobile number and email id. Allow all permissions asked.
Step 2 – Choose a loan amount (up to 25 thousand) and the preferred EMI option. You will see various loan offers designed for you according to your risk profile.
Step 3 – Enter basic details like name, income, personal and financial details, adhar card, PAN, address, and other demographic details, etc.
Step 4 – Complete your KYC process and wait for your KYC approval. It usually takes 30 minutes.
Step 5 – Add your bank account details and upload the last 3 months' bank account statement.
Step 6 – You will have real-time loan approval within 1 hour.
Step 7 – Digitally sign the e-mandate to automate your loan repayment and read the loan agreement and then finally accept the loan agreement.
Step 8 – All done, now sit back, and relax, Your loan amount will be credited to your account within hours. The loan amount is subject to a 2.5 % processing fee + GST deduction. Thu
A Basic Example Of InstaMoney Loan:
Ok, let's assume a basic loan-taking scenario in this loan app, If you apply for a personal loan of ₹1,00,000 for 12 months at the interest rate of 25% per annum, you will have to pay:
Total payable interest: ₹14,060
Total payable amount: (Loan + Total Payable Interest + Process fee) = A total of ₹1,16, 560 (excluding GST)
EMI Amount: ₹9,505 (excluding process fee + GST)
This is a basic example of a loan, in reality, interest rates may vary.
Loan Apply Link ⏩ Direct Apply
Download App Link ⏩ Download App
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