Loan Planet – App information | How to get fast approval for loan from Loan Planet – Personal loan
Loan Planet
Thank you for visiting our website, today we are going to share our post on how you can use Loan Planet– Personal APP and how this APP is beneficial for you, what is this APP, how to install it, Branch APP What is ELIGIBILITY, DOCUMENTS, etc.
Loan Planet -Instant Credit Personal Online Loan App is an online loan marketplace that provides
different loan products with different terms, users can find all their needs in our marketplace.
Credit Cash Loan is providing its customers with well selected and safest loan products as well as related
services.
Personal loan is an unsecured form of credit which is popular for meeting urgent requirements. You can
get a lot of unfinished business done with a personal loan and hence it can be used for various purposes including wedding, home renovation, travel purposes and more. In fact, a personal loan can help you build
your credit faster than other types of credit.
Loan Details
- Amount from ₹5,000 to ₹5,00,000.
- Duration from 95days to 120days.
- Maximum Annual Percentage Rate (APR): 0.05% per day. The annually maximum interest rate is 18.25%.
- No other hidden costs.
Example
If you take a loan with a limit of ₹10,000, an annual interest rate of 18.25%, and a period of 120 days:
Daily Interest = ₹10,000 x 18.25% / 365days = ₹5
Total Interest: ₹10,000 x 18.25% / 365days x 120days = ₹600
Daily Repayment: ₹10,000 / 120days + ₹5 = ₹88.3
Total Repayment: ₹10600
Repayment
In case you are unable to repay the loan on time, you may have to pay additional charges and interest
which can also negatively impact your credit score. So repay your loan on time so that you do not have
to pay more interest and do not have a bad effect on your credit score.
By paying the loan amount on time and monthly, you will not have to pay any extra charges or any penalty.
Features:
- 100% paperless process
- Upto Rs 2 Lakh limit.
- A collateral-free Online loan.
- Convert your short term personal loan to an EMI term loan.
- Privilege to pay monthly rent payments via credit card.
Eligibility
- Age -18-year – 56 years
- Indian citizen.
- The borrower should be a salaried employee.
- Monthly net salary should not be less than Rs.15,000.
After all these eligibility checks, if you are eligible, then your loan will be approved and you will get the
loan quickly.
When your documents are complete and correct, as well as your Eligibility criteria match with this loan application, then you will get Instant loan approval, loan amount gets direct bank transfer from Instant
loan registration.
Documents
- Identity proof (Driving license/Voter id/Passport/Aadhar/PAN).
- Address proof (Driving license/Voter id/Passport/Aadhar/Utility bills/bank statements).
- E-sign on application with registered mobile and OTP for application.
How to apply
- Sign up / Register, with your mobile number
- Fill in all required details: Name, Address, Bank account.
- Upload PAN card, identity proof.
- Get your credit limit assigned.
- ESign the agreement.
- Your loan amount will be credited to your bank account on successfully completing the process.
SELECT –
Interest rate offered
Loan amount –
Loan Tenure
EMI
HOW TO USE THE APP
Install Branch Personal app – Create your account by installing Branch Personal app from Play store, in
which fill your mobile number and your basic details, after filling all these your eligibility in the app
It will be known whether you are eligible to take the loan or not, if you are eligible then there will be an
option for further process, following which you will go ahead and upload your ID, Address Proof &
PAN card for KYC, so that your loan can be approved quickly. Get it and your loan amount will be
transferred to your account.
Loan Planet APP– Completely secured. The information you share is encrypted and verified only to verify
your application. We do not share your data with any third parties.
Registered by RBI
Before applying for any loan, read all the details of that loan application and apply for the loan after it is registered by RBI.
Our website does not provide loan, we only provide loan information. We give the same loan application information which is registered by NBFCs & financial institutions authorized RBI.
You can easily take loan from this app, you can apply for loan amount as per your requirement, you can
apply for loan accordingly, after knowing your eligibility, this app reduces paperwork as well There is less documentation so that you do not face any hassle in applying for the loan.