Friends, if you want that all your money needs are fulfilled and you do not have to worry about money at all? I know your answer will be yes. So if your answer is yes, then friends, you do not have to do much to fulfill the need of money. All you have to do is read our posts and follow the information given in the post. We give you information about many loan apps in our posts. We tell you how you can take a loan from any app. And then you can apply for the loan according to your need. You can choose your loan app according to the loan amount and loan interest that suits you. So friends, now there is no need for you to worry about money. Now let’s put your money related stress aside. Because in today’s post we are going to talk about how you can take online loan. The loan about which we are going to talk about is MyShubhLife Loan App. From this app you can get your loan amount transferred to your account very easily without any hustle. Today we are going to know that how much loan amount you will get from MyShubhLife Loan App, what is the interest rate of MyShubhLife Loan App, what is the tenure rate of MyShubhLife Loan App and many more things we are going to know in this post. So let’s start our today’s post.
How Much Loan Amount We Can Get From MyShubhLife Loan App?
Friends from MyShubhLife Loan App we can get a maximum loan amount of Rs.3,000 to 2,00,000. That much loan amount would be enough for our all needs.
What Is The Tenure Rate Of MyShubhLife Loan App?
Friends from MyShubhLife Loan App you will get a time period of upto 3 months to 3 years to repay the loan amount.
What Is The Interest Rate Of MyShubhLife Loan App?
Friends MyShubhLife Loan App will charge a maximum rate of interest of 16% – 44% p.a..
MyShubhLife Loan App Other Charges?
Friends beside of this you have to pay 0%-3% service charges.
MyShubhLife Loan App Example
Loan Amount = ₹1,00,000
Duration = 12 months
Interest rate = 26%
Monthly EMI = ₹9,553
EMI = [P x R x (1+R)^N]/[(1+R)^N-1], P Loan Amount, R interest rate & N duration.
Total Interest [(EMI x 12) – Loan Amount]: (₹9553 x 12) – (₹1,00,000) = ₹14,636
Other costs include Processing Fee (@2% + 18% GST): ₹1,00,000 x 2% = ₹2,000 + 18% GST = ₹2,360.
Total costs = ₹14,636 + ₹2,360 = ₹16,996
Total Repayment = ₹1,00,000 + ₹16,996 = ₹1,16,996
MyShubhLife Loan App Eligibility Criteria?
- Indian Citizen
- Age above 18.
- Should have a monthly source of income.
MyShubhLife Loan App Documents Required?
- Aadhar Card
- Pan Card
- Bank Account
How To Get Loan From MyShubhLife Loan App?
- Download the MyShubhLife Loan App.
- Register a personal account in the app.
- Choose your loan amount and loan period.
- Fill in personal information.
- Submit your loan application.
- You will get your loan amount credited to your account after this.
MyShubhLife Loan App Features?
- No credit history required.
- 100% Paperless loan application process , no bank visits.
- High loan approval rate.
- Direct Bank Transfer once approved.
- Access your cash anywhere & anytime in India
- Repay on time, the loan amount gradually increases. Variety of convenient repayment methods.
- Loan amount upto 2 lakh.
- Safe customer info.
In this post we got to know that how can we apply for a loan from MyShubhLife Loan App, how much loan amount we will get from MyShubhLife Loan App, what is the interest rate of MyShubhLife Loan App, what is the tenure rate of MyShubhLife Loan App. All these things we got to know in this post. If you liked this post then please share this post with your friends or your colleagues. Thank you so much for giving your precious time to this post.