Online Loan

Personal Loan App

What is a personal loan? Money taken from any bank or financial institution is a personal loan.
There is no specific reason for this type of loan, just as it is in the rest of the loan.
It is entirely up to the borrower how he will use it.

CapitalNow is an emerging FinTech platform aiming to deliver value through it’s Instant Personal Loan Product.
We provide instant personal loan across India to salaried Individuals holding monthly salary 30,000 and more.
Our loan amount ranges from 10,000 – 1,50,000 with tenure of 65 – 90 days with 36% APR.
Our loan process is completely online and doesn’t involve any physical verification.
Our automated under-writing algorithm helps us maintain a TAT of 2 hours for the
first time borrower and 10 min for a regular borrower.

CapitalNow is a platform facilitating the loan transactions between the borrowers and the NBFCs.
All loan applications are approved and sanctioned by NBFCs registered with RBI and communicated
upfront during Loan application.

Why Capital Now?

  • Specially curated AI-Based system for fast approval
  • Instant Personal Loan Online
  • TAT 10mins – 2hours
  • Flexible repayment tenure from 65 to 90 days
  • No Pre-Closure charges
  • Collateral free, Unsecured loan
  • No hidden charges

Eligibility Criteria

  • Indian Citizen with age 21 years or more
  • Salaried Professional, working with a reputed firm
  • Min Monthly Net Salary 30,000

Documents Required

We follow a very stringent documentation process.
Loan disbursal is subjected to submission of clear and correct documents on our Website/App.

  1. Pan Card
  2. Aadhar Card (front & back)/ Passport
  3. Recent Pay slip
  4. Salary Credit Bank Statement (Recent 3 Months)
  5. Present Address Proof

Interest Calculation

Loan Amount : Rs. 10,000
Processing Fees : Rs. 1000 + 18% GST
Tenure – 2 Months and 5 days (65days)
Interest Rate – 36% P.A.
Interest Amount : 10,000 x 36%/365 x 65 = 641

On availing a loan of Rs 10,000 at interest rate of 36%* pa for a tenure of 2 months and 5 days
with processing fees of Rs 1000 and Interest applicable would be 641.

The payment schedule would look like (Interest + Principal)
Monthly payment 1 = 300 + 6000 = ₹6300
Monthly payment 2 = 341 + 4000 = ₹4341

Operational Cities
Our online personal loan app provides instant personal loans and credit line across all states in India.
Access instant credit through our mobile application or website.
●Hyderabad, Bangalore, Chennai, Mumbai, Pune, Delhi, Gurgaon, Kolkata and other cities

Security & Protection of Privacy
It is our top priority as our backend APIs comply with mandated security standards and robust protocols

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