MobiKwik Loan App
In this article, we will introduce you to the MobiKwik Loan App. This online loan application was released on the Play Store on August-25-2012. As of September 14 2023, it has garnered more than 5,00,00,000+ downloads on the Play Store. The app offers loans of ₹60,000 and specifies the interest charges applicable when obtaining a loan through their platform. Let’s delve into the MobiKwik Loan App’s tenure rates for loans.
If you want to know about MobiKwik Loan App Read This article till end to Get true information related to this app.
MobiKwik Loan App Apply Online
- To begin, download the MobiKwik Loan App.
- Next, register using your Aadhar card and verify via your mobile number.
- Then, provide your basic details.
- How much you need loan, fill your loan details.
- Once your approval is granted, your loan amount will be swiftly transferred to your bank account.
MobiKwik Loan App Amount
With MobiKwik Loan App, you can get a maximum of ₹60,000.
MobiKwik Loan App Tenure Rate
With MobiKwik Loan App, you can get loan from 3 months to 24 months. With MobiKwik Loan App, you can get a loan of at least 3 months. With MobiKwik Loan App, you can get a loan for a maximum period of 24 months.
MobiKwik Loan App Interest Rate
With MobiKwik Loan App, you get loans at interest rates ranging from 9%-35.99%.
MobiKwik Loan App Processing Fees
MobiKwik Loan App charges you a Processing fees of 2% to %5.
MobiKwik Loan App Example
If you borrow ₹10,000 as a loan at an annual interest rate of 24%, with a minimum repayment period of 3 months, the calculated interest will be ₹403. This makes the total amount to be repaid ₹10,403. The monthly installment, known as the Equated Monthly Instalment (EMI), is ₹3,468.
MobiKwik Loan App Eligibility Criteria ?
- You should be a salaried individual or Self -Employed.(College Students Can Also Apply)
- Your age should be between 18 years.
- You must have an PAN Card & Bank Account.
MobiKwik Loan App Documents required ?
- PAN card
- Aadhar card
- Bank Card
- For College ID Students( College ID Card)
- Last 3 months bank statement
- Salary Slip
- KYC Details.
What is the loan amount range provided by MobiKwik Loan App?
MobiKwik Loan App offers loan of ₹60,000.
What documents are necessary for obtaining a loan through MobiKwik Loan App?
To apply for a loan through MobiKwik Loan App, you’ll need to provide three documents.
What is the minimum age requirement for applying for a loan through MobiKwik Loan App?
Applicants must be at least 18 years old to be eligible for a loan from MobiKwik Loan App.
How quickly is the loan amount deposited into the bank account after using MobiKwik Loan App?
The loan amount from MobiKwik Loan App is typically credited to your bank account within a few minutes.