Adhiban - 99Banks

Adhiban - 99banks.in is a company that assists individuals in obtaining loans from both private and government finance sectors by gathering and facilitating the application process.

We do not endorse products that necessitate repayment in full within 60 days of the loan being issued. Our organization is not involved in the business of lending money. Our application serves solely as a platform that enables money lending by registered banks.

We collaborate with various registered banks in India, including but not limited to State Bank of India, ICICI Bank, Punjab National Bank and several others.

With this app, you can apply digitally for various types of loans, including but not limited to business loans for MSMEs, Personal Loans, special purpose loans, mortgage loans, car loans, bike loans, and home loans.

Product Specifications:

1. Business Loan for MSME
You can apply for business loans, including term loans and working capital requirements, digitally through eligible banks and financial institutions with the help of this app. Some of the key highlights of this service include:
- Minimum & Maximum Business Loan Amount - Rs.10 Lacs to Rs. 5 Crores
- The lending bank may apply a processing fee in accordance with their regulations : Ranging from 0.1% to 6 %
- Minimum & Maximum Annual Percentage Rate- 6.8% to 21%
- Minimum & Maximum Repayment Period – 1 to 15 Years

2. Home loan / Mortgage loan
This app enables both salaried and self-employed individuals to apply digitally for home loans. Borrowers can apply for loans online and receive up to INR 10 Crores from banks through a hassle-free documentation process and speedy approval process.
Highlights
- Minimum & Maximum Home Loan Repayment Period – 1to 50 Years
- Minimum & Maximum Home Loan Amount - Rs. 10,000 to Rs. 10,00,00,000
- The lending bank may apply a processing fee in accordance with their regulations : Ranging from 0.1% to 6 %
-Minimum & Maximum Annual Percentage Rate 6.8 % to 21% depending on customer’s credit and risk profile

3. Auto loan
This app allows both salaried and self-employed individuals to apply digitally for auto loans. Borrowers can apply for loans online and receive up to INR 1 Crore from banks through a hassle-free documentation process and speedy approval process. Some of the key highlights of this service include:

- The lending bank may apply a processing fee in accordance with their regulations : 0.1% to 6 %
- Minimum & Maximum Loan Amount - Rs. 10,000 to Rs. 1,00,00,000
- Minimum & Maximum Annual Percentage Rate 6.8 % to 21%
- Minimum & Maximum Repayment Period - 1 year to 10 years

4. Personal loan / Special purpose loan
Individuals receiving a fixed salary can easily apply for a Special Purpose Loan using the App. If deemed eligible, borrowers can apply for loan amounts of up to 20 lakhs with minimal documentation and a fast approval process, all completed digitally through the App. This type of loan generally has a shorter loan cycle due to its unique nature.

Highlights
- Minimum & Maximum Loan Amount - Rs. 10,000 to Rs. 20,00,000
- Minimum & Maximum Loan Repayment Period - 1 Year to 6 Years
- Minimum & Maximum Annual Percentage Rate -7.2 % to 27% depending on the customer’s credit and risk profile
- The lending bank may apply a processing fee in accordance with their regulations : Ranging from 0.1% to 6 %

Example
For Rs. 10,00,000 loan amounts, at an interest rate of 11.49% P.A. at a processing fee of 0.3 %, for 3 Years, you would pay
- Monthly repayments: 32,971
- Loan Amount: Rs. 10,00,000
- Total Interest Paid: Rs. 1,86,965
- Total payment after 3 Years: Rs. 11,86,965
- Processing Fee: Rs 3,000

Please note we are available for Indian Users Only.
Contact Us/Grievance Redressal:
Helpdesk: 09843077088
E-mail: adhibangroup@gmail.com