(1) Minimum salary Rs. 15,000/- per month (2) 1 year job stability (3) Minimum age 21 years
(1) Minimum 1 year IT return (2) 1 year business stability (3) Minimum age 21 years
(1) Quick registration (2) Check eligibility (3) Buy membership card (4) Submit documents (5) Bank Verification (6) Bank Sanction
(1) 100% Online Loan Process (2) Minimum documents - depend customer profile (3) Compare to multiple banks - loan up to Rs. 15,00,000/-* (4) Annual percentage rate - minimum 12.5% and maximum 24%* (5) Flexible repayment terms - 1 to 6 years (6) Processing fees - depend on customer profile & banks
Money requirements can arise at any time and at any specific instance of life. If you are planning for an exciting vacation at an enthralling destination, or any of your family members is hit with a medical emergency, or you want the dull interiors of your home to be renovated, or wedding bells are about to ring in your home – the most convenient option to meet your money needs is by availing an Instant Personal Loan from credloan.in. Partnered with multiple leading banks and NBFCs, Nowofloan facilitates you with easy and convenient personal loan offers with a 100% online process, that too utmost quickly!
Let's consider an example of an individual who is in pursuit of a personal loan of ₹1 Lakh at the annual interest rate of 12.5% for a repayment tenure of 6 years. As the lending firms charge the processing fees, this individual would have to pay 2% of the loan amount as processing fees. So, the EMI that this individual would have to pay is ₹1982 per month. Additionally, the loan insurance amount has to be paid; this amount is usually 2% but it also depends on the applicant's age.
