InstaCash, a leading instant personal loan app in India, allows users to borrow up to ₹25,000 with flexible repayment terms between 91 and 150 days. Interest rates range from 24%-35.88% per annum, with a processing fee of ₹500 + GST and an assessment fee of ₹199. The app offers no prepayment charges, and users can get cash transferred to their bank accounts within two hours of approval. The eligibility criteria include being a salaried Indian citizen between 21-45 years old with a minimum take-home salary of ₹12,000. InstaCash requires only four documents: a selfie, PAN card, Aadhaar card/address ID proof, and bank statement. The app has no paperwork and offers instant loans for various purposes, including medical emergencies, credit card payments, and advance salaries. InstaCash's key features include its large user base of over 3 million in India, the ability to graduate to higher loan amounts, and the option to repay loans through the app. The app also offers a secure and private user experience with high-level data encryption/decryption protocols. InstaCash is powered by LenDenClub, an RBI-registered NBFC-P2P, and is available throughout India.
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Avail personal loan in minutes|Powered by LenDenClub, An RBI registered NBFC-P2PInstaMoney is a leading Instant Personal Loan App used by 3 Million+ users in India.Loan Range: ₹5,000 to ₹25,000Tenure: 3 months to 5 months (91 days to 150 days)Interest rates (APR) Range: 24%-35.88% per annum Example: Loan amount (Principal) is ₹10,000 | Interest is 24% per annum with tenure of 5 months, Interest=₹10,000 x 24% x 5/12 =₹1,000 & Total Amount payable would be ₹11,000 over 5 months i.e. ₹2,200 per EMI (Equated Monthly Installment). Processing fee(+GST)=₹500 + ₹90. Assessment.....
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