Developer: Myloanbazar.com
Category: Finance
My Loan is a Personal Loan app, meant for Salaried Individuals. We don't build databases.
Personal Loan amount: from ₹2000/- to ₹8000/- Repayment Period: 91 to 365 days (sanction of tenure is subject to the risk profile of the customer & company policy)
We are not NBFC & we don\t lend directly to customers, we are a fintech company & facilitating loan from our RBI-registered NBFC partner, ATD Financial Services Pvt. Ltd as per the T&C agreed between NBFC & customer.
Avail of quick loans from ₹2,000 to ₹8,000 & we transfer the amount to your bank account in just 10 minutes through our NBFC on its T&C. We offer 100% digital loan application process.
Our lending partner:
ATD Financial Services Pvt Ltd
Annual Percentage Rate (APR): The interest Rate is subject to loan tenure & risk profile of the customer. Max APR is 24.00% per annum.
For Example:
If a Personal loan application is processed with Loan Amount of ₹2000 to be repaid in 91 days, Than payable Interest on the Loan will be ₹119.67/- only & Payable Processing Fee will be ₹165.12/- only (including 18% GST of ₹25.20/-),total amount payable by the borrower will be ₹2119.67/-.
Processing Fee: This is One Time charge for a single loan, ranging between 0.00% to 7.00% of the loan amount.
GST: This is 18% of the Processing Fee, may increase/decrease as per govt rule & may be applicable as & when amended by govt.
Prepayment Charges- ₹ 0
When customers delay their scheduled repayment, a penalty is charged. We made our customers aware regarding fees & charges through an agreement that we shared on their registered email ids,
MY LOAN app is an online platform, that provides you with personal loans for your daily needs, to manage your lifestyle & financial emergencies. This app is catering to low salary earner min. salary of ₹5000. The amount get credit within 10 min (Existing) but the 1st-time applicant may take 30 minutes.
Our Presence across India
Key Features
Personal Loan for Salaried
Instant personal loan up to ₹8000
Amount transfer to your bank account in minutes
Flexible tenure of max 365 days (subject to risk profile & company policy)
No Extra charges
Max Annual Percentage Rate (APR) 24.00%
Benefits & Risks
Get access to higher amounts & tenures as you repay on time.
As compliance, your payment behavior is shared with credit rating agencies; based on that your credit score may change.
Eligibility
Indian citizen
Salaried Individuals
Must be 18 yrs
Minimum salary of ₹5000 a month
Why MY LOAN App?
Over 21550 mini loans disbursed till now
No CIBIL Score needed, low interest rates
No PDC/Nach Required. Only E-Mandate
Instant Approval & Quick Disbursement within no time
Make your loan absolutely interest free loan
Solely app which supplies chance for little retail sector to avail loan!
Easy repayment options
Documents Needed:
MY LOAN aims to be one of the most user-friendly instant loan app in India. So, submit just six documents to avail an instant personal loan online:
1Photograph
2PAN card
3Address ID proof
4Aadhar card
5Bank statement
6Salary slip
How to get started:
Install My Loan App from Play store.
Create your profile.
Upload some details & documents on quick loan app & submit the application.
Within 3 minutes of your personal loan application, you'll be notified of your approval status.
E-sign the loan agreement.
Once E-sign agreement is done, your loan amount will be transferred to your bank account within 10 minutes.
Security & Protection of Privacy:
All the transactions are secured via a 128-bit SSL encryption. All data are transferred over secured connections. Data security & privacy is top priority of MY LOAN. Our IT professional team adjusts to mandated security standards & sturdy protocols. We don\t share your data with any third parties without your consent.
Your data is totally safe with us.
Contact:
MY LOAN BAZAR DOT COM
C-316 B&C, Sec-10, Noida, UP-201301
[email protected]
9999589227
https://sachet.rbi.org.in
https://www.myloanbazar.in/payday/terms-use.html
https://www.myloanbazar.in/payday/privacy-policy.html
