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Mr. Loan – Instant Loan in 5 Minutes

Mr. Loan – Instant Loan in 5 Minutes

MR - Instant Loan in 5 Minutes is the most famous version in the MR - Instant Loan in 5 Minutes series of publisher JaLePiNo LaB

Additional Information

Genres
Version
1.1
Developer
JaLePiNo LaB
Requires
Android 4.4 and up
Android Android 4.4 and up Finance
Size
12M
Updated
December 8, 2021
Read
289 views
( 747 ratings )
Price: $0

MR - Instant Loan in 5 Minutes poster

Mr. Loan is an Instant Loan Platform.
We are constantly optimizing and improving functions to provide users with better performance, faster and more reliable loan services. Mr. Loan focuses on lending. Mr. Loan has the advantages of a high quota. Your credit score grows, the sanctioned loan amount increases for every loan.
Mr. Loan meets users’ financial needs with 7/24 completely online. The applying process takes just four steps with minimal documentation in less than 20 minutes, and the approved loan amount will immediately be transferred to the user’s bank account.
⇾ Loan characteristics:
Loan amount from 750 to 50,000
Repayment periods from 61 days to 180 days
APR from 12% to 18% per annum
Processing fees range from 3% to 12% (GST 18% applies)
You may be charged up to 0.2% daily late fees for late payments (capped to 18% of the principal amount overdue).
No other hidden fees are applicable to your loans!
Instant Loan provides affordable online Indian personal loans.
An example of a loan.
If the loan amount is 5,000 rupees, the annualized interest rate is 30% and the term is 91 days.
The total interest payable is: ₹5,000×30%/360×91=₹379
The handling fee payable is: ₹5,000×2%=₹100
The total debt is: ₹5,000+₹100+₹379=₹5479
The monthly repayment amount is: ₹5,479/3=₹1,826.3
Loan requirements :
— Indian Resident.
— Have a bank account.
— Above 18 years old.
— Valid Document
— Should have the monthly source of income
Features :
— Minimal documentation.
— No credit history is required.
— Can be accessed in Pan India.
— Immediate bank transfer.
— 100% Online process.
— 24×7 access to loans.
— Fast approval.
Mr. Loan is a leading cash online instant loan app provider because of:
1. Short Processing Time, Low loan threshold.
2. Affordable and low-interest rates.
3. Loan application is secure and confidential.
Declaimers:
We are not asking the two applicants to pay advance money for the loan. Please be aware of this kind of fraud.
Thanks, and Enjoy…..

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