Loan Sathi Loan App
Loan Sathi Loan App Hello friends, welcome to our new post today, in which we are going to tell you about Loan Sathi Loan App. Yes, you have just heard about an application. So today we are going to tell you about this application only. The application whose name is Loan Sathi Loan App also gives you the same loan. So friends, you are requested to read this post of ours till the end. Today we will tell you about Loan Sathi Loan App, how can you take loan from this loan application? At what interest rate loan is available from Loan Sathi Loan App? For how long a loan is available from Loan Sathi Loan App? To know all the information related to Loan Sathi Loan App, you read this post of ours till the end.
Loan Sathi Loan App Review
Loan Sathi loan application is a loan providing application. Which has more than 1 crore downloads on Playstore. This application was launched on 07 Feb 2022. This application is mainly run by Loan Sathi Pvt Ltd company. With the Loan Sathi loan application, any person can take a loan of up to 5 lakhs. So let’s know how much loan you can get from Loan Sathi loan application?
How much loan can be availed from Loan Sathi Loan App?
Loan Sathi loan application can get a loan of minimum 50 thousand and maximum up to 5 lakh. Now let’s talk about the interest rate, how much interest can you get loan from Loan Sathi loan application?
At what interest rate loan is available from Loan Sathi Loan App?
In the Loan Sathi loan application, you get a loan of 50 thousand to 5 lakh, on which you get to see an interest of 0% to 14%. You also get loan without any interest rate from Loan Sathi loan application. Now let’s talk about how long the loan will be given to you?
Loan Sathi Loan App Tenure Rate
With the Loan Sathi loan application, you get a loan for a minimum of 62 days and a maximum of 15 months.
So now we have learned these main things that how much do you get the loan, on how much interest, for how long? Now let us talk about why you should take a loan from Loan Sathi loan application? What are the benefits of taking a loan from the Loan Sathi loan application?
Processing fee on loan from Loan Sathi loan application?
You get to see 2 types of processing fees from the Loan Sathi loan application.
- You get to see a processing fee of 0-3%, which is for low risk customers.
- And for high risk customers, you get to see processing fees of 2.5% to 7%.
You also get to see different types of APR which is…
- Interest of 0%-14% is charged for Low Risk Customers.
- Interest of 15%-24% is charged for Medium Risk Customers.
- Interest of 25%-30% is charged for High Risk Customers.
- Interest of 31%-36% is charged for Very High-Risk Customers.
Why should I take a loan from Loan Sathi Loan App?
- Instant Loan Approval -: You get this loan in 15 minutes. And you can get it in your bank account instantly.
- Shopping EMIs -: If you want to buy an item online then you also get the option to pay the same amount through EMI.
- Transparency -: With Loan Sathi loan application, you get loan from NBFC company registered by RBI. The names of these companies are given below.
- IIFL Finance Ltd.
- Incred Financial Services Ltd.
- Fullerton India Credit Company Ltd.
- Vivriti Capital Pvt. Ltd.
- Northern Arc Capital Ltd.
- Western Capital Advisors Pvt Ltd.
- Cholamandalam Investment and Finance Company Ltd.
- PayU Finance India Pvt. Ltd.
- Poonawalla Fincorp Ltd.
How many types of loans can be availed from Loan Sathi Loan App?
- Flexi Personal Loan -: Loan with Loan Sathi loan application is given for a short period of time, in which a person can take a loan from 62 days to 6 months. And that loan can be seen from 50 thousand to 1 lakh. To take this loan, you will need PAN card and address proof as documents.
- Personal Loan For Salaried –: This loan is mainly for salaried people. With the Loan Sathi loan application, a person can get a loan of minimum 50,000 and maximum up to 5 lakhs. Which he can take for 3 months to 15 months. For loan from Loan Sathi loan application, one needs PAN card, address proof and salary proof.
- Online Purchase Loan -: Loan can be taken for online shopping under Sathi Loan application. In this you can take loan for amazon, flipkart, Myntra, Nykaa, MakeMyTrip, etc. and platforms. And they can be returned later through EMI. To take this loan, you have to provide PAN card and address proof.
Loan Sathi Loan App Top Features
- You get 2 to 24 months to repay the loan taken from the Loan Sathi loan application. You can choose this according to your wish.
- This loan is given completely online. There is no paper process here.
- There are no hidden costs of any kind here.
- This loan can be available in Hindi and English language, that is, this application works with two languages.
Loan Sathi Loan App Example
If you take a loan of 50,000 for 12 months, on which interest is charged at the rate of 20%, plus the processing fee which is You get to see 2.5% i.e. 1250 and the fee charged for new customer, which you get to see 200. You are charged GST on onboarding and processing fee which is 261. Some of your interest is 5581. As EMI, you get 4,632, then after deducting the processing fee, you get to see a total amount of 48,289, and you have to return a total amount of 55,581.
Loan Sathi Loan App Eligibility
- You must be a citizen of India.
- You must be older than 21.
- You should have monthly income source.
How to take loan from Loan Sathi Loan App?
- First of all install the Loan Sathi loan application.
- Then sign up with your mobile number.
- Then you have to fill some of your information, by which you will know whether you are eligible for the loan or not.
- After that you have to upload your documents.
- Which will include your ID, address proof and PAN card.
- Then the loan amount will be transferred to your bank account.
Loan Sathi Loan App Customer Care Number
You can use their email id, email@example.com.
So friends, I hope you liked this post of ours. If you have any question related to Loan Sathi loan application, then you can ask us. And how did you like this post? Do tell us this too. And also share this post with your friends and relatives.
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