If you are tired of living on a salary or borrowing money from friends, the Money stand-Support SBI&ICIC Bank's credit loan application is all you need. Money stand supports multiple bank transactions, such as SBI, ICIC, HSBC and other banks.
Money stand provides a convenient and ideal service for those who need cash: you no longer need to queue long, collect documents or get rejected frequently. Everything you need is already in your smartphone!
Money stand loan introduction:
Age requirement: must be above 20+ years old
Loan Amount: from ₹ 8,000 to ₹ 1 lakhs
Tenure: flexible tenure from 95 days to 365 days
Annual Percentage Rate (APR) varies from 20%-32%
Service charge: Service fee varies from 6%-15%
In addition, GST will be applicable only on the fee components as per Indian laws.
EXAMPLE OF COST OF LOANS
Loan Amount: ₹ 3,000
Loan Duration: 120 Days
Annual Percentage Rate (APR): 21%
Processing fee: 6%
Total Insterest: ₹ 3,000*21%(APR)*120/365 = ₹ 207.12
Processing fees(PF) + GST: ₹ 3,000*6%+(₹ 3,000*6%)*18%= ₹ 212.4
In-Hand Amount: Loan Amount-(PF + GST) = ₹ 3,000- ₹ 212.4 = ₹ 2,787.6
Total Repayable Amount: Loan Amount + Total Insterest = ₹ 3,000 + ₹ 207.12 = ₹ 3,207.12
Please make sure to repay online on time, which will help improve your credit score and get better quality bank loans
Steps to use Money stand credit loan:
1. Download Money stand and register an account;
2. Fill in the basic information in accordance with the process guidelines and ensure that the information is true;
3. After the loan is approved, the amount will be confirmed in time;
4. Remember the repayment time and repay on time.
Your data is subject to the strictest confidentiality, and we will not disclose any information to anyone without your permission.
If you have any usage problems or loan questions, you can contact us through the following ways:
WhatsApp: Click on the customer service icon to contact
Address: 8th floor, GoIf course Road, Suncity, Sector 54, Gurugram, Haryana 122003