Vaiyagam Loan is a loan and cash platform that provides high-amount, low-interest, unsecured and fast-payment loans to all users in India
Vaiyagam Loan-Personal Loan
What is it about?
Vaiyagam Loan is a loan and cash platform that provides high-amount, low-interest, unsecured and fast-payment loans to all users in India.
App Screenshots
App Store Description
Vaiyagam Loan is a loan and cash platform that provides high-amount, low-interest, unsecured and fast-payment loans to all users in India.
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:contactus@vaiyagamfinance.in
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