22 Best Instant Personal Loan Apps In India
| App | Interest Rate (per month) | Download App |
|---|---|---|
| Dhani | 1 – 3.17 % | Download App |
| IndiaLends | 0.9 – 3 % | Download App |
| KreditBee | 2 – 3% | Download App |
| NIRA | 1.5 – 2.5% | Download App |
Beside above, how can I get a loan with no income?
How to get a personal loan without Salary Account/Slips or Income Tax Returns certificate
- Submit Form 16.
- Submit alternate source of income.
- Submit collateral.
- Have a relationship with the bank.
- Get a guarantor on board.
- Locate application form. Visit Tata Capital’s online application section for the form.
- Check your Eligibility. Check your loan eligibility and keep the required documents ready.
- Submit application. …
- Verification. …
- Loan disbursal.
Furthermore, how much loan can I get on 18000 salary?
With a salary of ₹ 18,000, the maximum amount he is eligible for is ₹ 3.75 Lakh. The interest he has to pay for this amount for 60 months is 10.70%.
How much loan can I get on my salary of 15000?
A: A salary of Rs. 15,000 generally falls in the category of a low-income borrower group. So, an instant personal loan app with a maximum approval amount of 1.5 Lakhs can be availed by the borrower with a starting salary of Rs. 15,000.
Is IndiaLends a safe site?
IndiaLends.com is a fake agency. They took my documents and Rs. 2500 in order to provide personal loan.My loan was not passed even after three months. When I had put pressure on the cheaters, they told a lie that your loan is approved.
Is Mudra loan available in Kerala Gramin Bank?
Kerala Gramin Bank is one of the leading banks and thus it proudly offers Mudra loan among other services. The loan facilitates micro-credit to small scale industries ranging from Rs. 50,000 to Rs. 10 lakhs.
Is Nowofloan safe?
Awesome atmosphere, they all working good and government certified company, and they are following every rule what rule government has released for everyone against covid-19. So, this place was very safe. Nowofloan.com has been very helpful, they are very professional and the best thing is timely services.
What is the EMI for 3 lakhs personal loan?
Calculated Monthly EMI for 300000 of loan amount for 3 years at various rate of Interest :
| Loan Amount | Rate of Interest | Per Month EMI |
|---|---|---|
| 3 Lakh | 15.00% | Rs.10399.6 |
| 3 Lakh | 16.00% | Rs.10547.11 |
| 3 Lakh | 18.00% | Rs.10845.72 |
| 3 Lakh | 20.00% | Rs.11149.08 |
What is the EMI for 50000 loan?
Calculated Monthly EMI for 50000 of loan amount for 3 years at various rate of Interest :
| Loan Amount | Rate of Interest | Per Month EMI |
|---|---|---|
| 50000 | 14.00% | Rs. 1,709 |
| 50000 | 15.00% | Rs. 1,733 |
| 50000 | 16.00% | Rs. 1,758 |
| 50000 | 18.00% | Rs. 1,808 |
What is the interest of 1 lakh?
Likewise, for an investment of Rs 20 Lakhs, you will get Rs. 10,517 as monthly interest.
| Investment amount | Monthly interest | Cumulative interest for 5 years |
|---|---|---|
| 1 lakh | Rs. 526 | Rs. 37,009 |
| 5 lakh | Rs.2,629 | Rs. 185,043 |
| 10 lakh | Rs.5,258 | Rs.3,70,087 |
What is the interest on 1 lakh loan?
Amortization Schedule for a Personal Loan of ₹ 3.50 Lakh over the 4 years
| Year | Interest paid during the year | Total amount paid during the year (Interest + Principal) |
|---|---|---|
| Dec | ₹ 2,939 | ₹ 8,919 |
| 2022 | ₹ 31,156 | ₹ 1,07,028 |
| Jan | ₹ 2,888 | ₹ 8,919 |
| Feb | ₹ 2,836 | ₹ 8,919 |
What is the interest rate of Grameen Bank?
General public get an interest rate of 5.40%. Senior citizens get an interest rate of 5.90%. The ceiling amount of investment is Rs. 1.5lakh.
Which bank gives loan easily?
HDFC Bank customers can get Personal Loans with minimal or no documentation. In fact, if they are pre- approved for a Personal Loan, they can easily apply for it. Lower interest rates: Interest rates on Personal Loans are lower than other sources.
Which bank is best for loan against property in Kerala?
Best Loan Against Property Schemes
| Bank | Interest Rate | Loan Amount |
|---|---|---|
| HDFC Bank | 8.00% p.a. – 8.95% p.a. | Up to 65% of the value of the property |
| IDFC First | 8% p.a. onwards | Up to Rs.7 crore |
| Tata Capital | 10.10% p.a. onwards | Rs.10 lakh – Rs.3 crore |
| Axis Bank | Up to 11.25% p.a. onwards | Rs.5 lakh – Rs.5 crore |