Loan Raina-instant loan online

Step into Loan Raina, endorsed by the RBI and embraced by millions, offering instant credit lines. Explore multiple loans and pay interest only on the amount used for your personal finances.

Our loan services are crafted to provide flexibility and convenience, offering a maximum borrowing limit of ₹200,000 with repayment periods ranging from 91 to 180 days. The daily interest rate is set at 0.06%, resulting in an annual percentage rate (APR) of 20.95%. Processing fees are capped at 2% of the loan amount.

For instance, for a ₹10,000 loan with a 120-day term at an APR of 20.95%:
The processing fee would be 2% of ₹10,000, which amounts to ₹200. Including 18% GST on the processing fee, the total processing charges would be ₹236. Over the 120-day loan term, the accrued interest would be ₹689, resulting in monthly installments (EMI) of approximately ₹2,672. The total repayment amount over the 120-day period would be ₹10,925. Therefore, the overall cost of the loan, including both the interest and processing fees, comes to ₹925.

Applying for an instant personal loan on Loan Raina is simple:
- Download the Loan Raina instant personal loan app and log in.
- Complete your application by entering details and uploading necessary documents.
- Select your preferred loan amount and duration.
- Enjoy the convenience of funds transferred to your bank account within minutes.

Curious about our online loan and personal loan services? Reach out to us at contactus@rainavyapaar.com. We're here to help.