Mobile Loan - Online Loan App description

Mobile Loan is a safe personal credit loan service platform designed to provide professional services to Indian users who are in urgent need of funds. Customer satisfaction is our endless pursuit.

Features:
1. 100% Online Process.
2. Minimal documentation.
3. 7*24 hours uninterrupted loan review.

Eligibility:
1. Indian resident.
2. Above the age of 18 years old.
3. Have a stable source of income.

How to get your loan:
1. Install Mobile Loan App
2. Register with your Phone Number
3. Fill in the basic information to obtain identity verification and apply for a suitable loan.

Our Loan information:
Loans amount range from ₹2,000 to ₹20,000.
Loan duration from 100days to 180days.
Interest rate: The APR interest rate is 10%-33% per annum.
Maximum Annual Percentage Rate (APR)：33%

Typical situation example:
If you get a loan of ₹10,000, with APR of 10%, term is 150 days:
Daily Interest = ₹10,000 x 10% / 365days = ₹2.74
Total Interest: ₹10,000 x 10% / 365days x 150days = ₹411
Daily Repayment: ₹10,000 / 150days + ₹2.74 = ₹69.4
Total Repayment: ₹10411

Monthly repayment example:
In the above example, if you start repayment from January and lasts for five months, your monthly repayment detail is as follows:
January：31days * ₹69.4 = ‭₹2151.4‬‬
February：28days * ₹69.4 = ‭₹‭1943.2‬‬‬
March: 31days * ₹69.4 = ‭₹2151.4‬‬
April: 30days * ₹69.4 = ₹2082
May: Pay off all the remaining amount, ₹10411 - (₹2151.4 ‬+ ‭₹‭1943.2‬ + ‭₹2151.4‬ + ₹2082) = ₹2083‬‬‬

Contact Us
Email：[email protected]