➖ Loan amount: From ₹1,000 to ₹500,000
➖ Interest rates: From 0% to 29.00% per annum
➖ Tenure: 90 days to 12 months
Credit First Instant Personal Loan app & Cash Loan App for all loan financing needs.
Credit First Loan app is an online loan platform that provides all kinds of well-selected loan products, aiming at meeting different people's needs. Loan Instant - Credit First is an online loan application and credit platform for professionals from all over India, where you can apply for a loan online and transfer up to 500,000 rupees in cash to a bank account.
Introducing Credit First, a one-stop solution for a personal loan, credit cards, EMI cards, insurance, investments, bill payments & more. Through the Cash king app, users can instantly apply for the following loan, investment & insurance product & services,
Credit First Instant - Cash Loan is a platform facilitating the loan transactions between the borrowers and the NBFCs/Banks. All loan applications are approved and sanctioned by NBFCs/Banks registered with RBI and communicated upfront during Loan application.
Loan Types :
Online loan, a good choice to help you, you can get a loan through direct bank transfer. All you need is your PAN Card & Address Proof to avail ₹1,000 to ₹50,000 for a tenure ranging from 90 days to 6 months.
What is Credit First Cash loan
Credit First Money is a fast, secure, reliable, and free Android mobile banking app, available in India. We make getting a personal cash loan easy and fast: download the app, answer a few questions and get instant cash loans approved in under 5 minutes.
A representative example of the total cost of the loan Amount:
+ Amount Borrowed (Principal) = ₹14,999/-
+ Interest Rate (APR) = 36% (on Reducing Principal Balance interest calculation)
+ Tenure = 6 months
+ Processing Fee (incl. GST) = ₹826
+ Amount disbursed = ₹14,173
+ Your EMI amount = ₹2769 (based on PMT method, sample monthly payment)
+ Interest amount = ₹2769 x 6 - ₹14999 = ₹1614(sample interest calculation)
+ Total Cost of Loan = Processing Fee + Interest Amount + Late Fee = ₹826 + ₹1614= ₹2440
+ Principal repayment amount = ₹14,999/- (same as amount borrowed)
+ Total repayment amount = Principal repayment amount + Interest Amount + Fee = ₹14,999 + ₹1614 + ₹0 = ₹16,613
Eligibility -
+ Indian Resident.
+ Source of a monthly income.
+ 20-60 years old.
Loan Amount: Rs 5,000 to Rs 1,00,000
+ Minimum Annual Percentage Rate (APR): 24%, Maximum Annual Percentage Rate: 36% (reducing balance)
+ Minimum repayment period: 91 days, Maximum repayment period: 24 months
+ Processing Fees: Max (₹350 + GST, Up to 2%-7% of the loan amount plus GST)
+ Prepayment Fees: 2.50% prepayment amount
+ Your bank may also levy charges in case of a bounce.
Online loan for Salaried example:
+ Loan amount: Rs. 50,000
+ Tenure: 12 months
+ Interest Rate: 20% per annum
+ Processing Fee: Rs. 1,250 (2.5%)
+ New customer onboarding Fee: Rs. 200
+ GST on Processing and Onboarding Fees: Rs. 261
+ Total Interest: Rs. 5,581
+ EMI: Rs. 4,632
+ APR: 23.2%
+ Loan amount is Rs. 50,000. Disbursed amount is Rs. 48,289. Total loan repayment amount is Rs. 55,581
Easy-to-Apply Process
+ Download the Credit First Loans App
+ Provide basic details & check your eligibility in 2 mins!
+ Choose your loan amount & repayment tenure
+ Complete your KYC and verify your income
+ Get the money transferred directly to your Bank A/c in a few hours!
Credit First Cash loan - Loan Instant Features :
1. 100% Online process/B
2. Fund safety, protected by advanced server
3. Loan transfer via bank
Our Instant Loans are safe:
Your data is transferred over a secure HTTPS connection, and we do not share it with anyone without your consent. All the transactions are secured via 256-bit SSL encryption.
Contact us:
For help or any other details about NIRA, you may write to us at ccashhub@gmail.com.
