- Loan Amount - 5000 to 100000
- Processing Fee - Upto 2%
- Interest Rate - Upto 2.5 % Monthly
- Loan tenure - Upto 12 Months
- Age - 21 to 55 years
- No pre-closure charges
- No part-payment charges
Upto 1 Lac.
No risk of asset loss
One of the most significant advantages of obtaining a personal loan through Loanpey is the quick and straightforward application process, which can be completed entirely online. Additionally, the eligibility requirements for a personal loan are minimal, making it simple to apply. Once the personal loan is approved, the money is typically deposited into your account within a few days. Another notable benefit of a personal loan is that there are no restrictions on how the money is spent.
Whether you need to pay for unexpected medical bills or want to fund a dream vacation, the choice is entirely yours. Furthermore, borrowers can receive up to ₹1 Lakh depending on their income and credit score. The online loan repayment period is also flexible, allowing borrowers to tailor the loan repayment to their budget.
An easy repayment with multiple options i.e., through the UPI, payment through link, and etc helps customers to enhance their credit score and at same time they get the eligibility for reloan. So, the instant loan financially helps customers in existing situations as well as for the future.
Please read these terms carefully. By using this website, you agree to bound by all of the terms and conditions of this agreement.
|Loan amount||Tenure||Interest Rate||Admin Fee||APR||Amount Deposit||Monthly EMI||Toral interest|
|100000||12||32.64% PA||2000||35.96%||Rs. 98000||9847||18168|
APR can be calculated with the help of all the factors pertaining to the loan i.e., rate of interest, principal amount, applied fess and the period or the tenure for which the loan has been availed. Thereafter, it can be computed by multiplying the rate of interest by the time period and the principal amount added with all the applied fees. However, the rate of interest will vary on the credit score and the contemporary terms and conditions of the lender.
We are providing a competitive rate of interest, however, it can differ as per the credit score, income ratio, and considering the existing liabilities of the borrowers.
We don't need any physical documents from you. Just keep a clear scanned copy of below listed documents for personal loan processing.