adplus-dvertising

CheckLoan app Instant Loan

CheckLoan app Instant Loan

CheckLoan - Instant Loan is the most famous version in the CheckLoan - Instant Loan series of publisher Ankur infotech

Additional Information

Genres
Version
1.2
Developer
Ankur infotech
Requires
Android 5.0 and up
Android Android 5.0 and up Finance
Size
8.6M
Updated
February 24, 2022
Read
221 views
( 523 ratings )
Price: $0

CheckLoan - Instant Loan poster

Checkloan app is Calculate monthly payment EMI, Total Interest, and Total Payment (Principal + Interest)

CheckLoan EMI Calculator

– Easy and fast way to calculate your Loan EMI
– Easy option available to compare between two loans
– Representation of payment split up in the table form
– Calculate EMI on a monthly basis
– Maintain history of different loans and view them at any time

Usages

● Calculate Car Loan EMI
● Calculate Personal Loan EMI
● Calculate Home Loan EMI
● Calculate Business Loan EMI
● Calculate Education Loan EMI
● Calculate Instant Loan EMI
–> It’s quick – Get the loan in a few hours
–> Apply for a personal loan of up to ? 5 Lakh
–> Personalize your loan amount and payback period through the app
–> Completely paperless process – Apply for a personal loan through the app and pay back through the app
–> No document pickup required for personal loan approval – completely app-based
–> Backed by excellent customer service
• Loan Amounts: ₹1,000 to ₹50,000
• One-time Processing Fee: 15% of the approved loan amount
• APR:12 – 30% per annum
• Applicable Tax (GST): 18% of the Processing Fee
• Minimum repayment period offered = 91 days
• Maximum repayment period offered = 180 days

Example CheckLoan

For a borrower who takes a ₹1,000 loan for our 91-day term, the following would apply:
• Processing Fee: ₹150
• GST on Processing Fee: ₹150 * 18% = ₹27
• Loan Disbursement Amount (after deducting processing fee and GST): ₹822
• Total interest payable: ₹1000 * 36% * 90/365 = ₹61
• Repayment Amount (Loan Amount + Interest): ₹1061
For eg., for a loan of Rs. 50,000 with an APR of 18% and 24-month tenure total interest & fees will be Rs.11,679.
Is my data safe with Checkloan?
Yes, your data is safe with us. It is transferred over a secure connection and we do not share it with anyone without your consent.

Crash fixed

Recommended for you

You may also like

Comments

Leave a Reply

Your email address will not be published.