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Anugrah Loan is your trusted loan app for instant personal loans in India

Anugrah Loan instant loan

by ANUGRAH APEX FINANCE PRIVATE LIMITED

What is it about?

Anugrah Loan is your trusted loan app for instant personal loans in India. Make informed financial decisions with Anugrah Loan, your go-to instant loan solution.

App Details

Version
1.0.2
Rating
(19)
Size
30Mb
Genre
Finance
Last updated
April 17, 2024
Release date
April 6, 2024
More info

App Screenshots

App Store Description

Anugrah Loan is your trusted loan app for instant personal loans in India. Make informed financial decisions with Anugrah Loan, your go-to instant loan solution.

1. Living in India.
2.20-55 years old.

Loan Details:
Loan Amount: Up to 500,000 Rupees.
Loan Term: 3 – 12 months.
Processing Fee: Up to 2% of the loan amount.
Daily Interest Rate: 0.07%.
Maximum Annual Interest Rate: 32.8%.

Example:
Loan Amount: ₹ 50,000
Processing Fee (1% of the loan amount * 18% GST): ₹ 590
Total Loan Amount: ₹ 50,590
Interest Rate: 25% per annum (calculated on the reducing principal balance)
Term: 12 months
Your EMI: ₹ 4,808
Total Repayment Amount: ₹ 4,808 x 12 = ₹ 57,696
Total Interest Paid: ₹ 57,696 - ₹ 50,590 = ₹ 7,106
Total Cost of the Loan: ₹ 7,106 + ₹ 590 = ₹ 7,696
Annual Percentage Rate (APR): 27.3%

Why do we borrow?
Easy:
Submit simple basic documents through online system.
Fast:
We reviewed and approved the loan within 3 minutes. You can get cash in 10 minutes.
Trust:
We are registered and licensed according to Indian laws, and our services are fast, easy and highly confidential for all customers.
Email:anugrahloan@outlook.com

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