Family Loan 1.0.0 APK

Loan amount: From ₹1,000 to ₹200,000

Interest rates: From 0% to 29.95% per annum

Tenure: 91 days to 15 months



👠Family Loan 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 200,000 rupees in cash to a bank account.



👠Family 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.



👠One of our primary partner NBFCs - SRI CHAKRA INFOWAYS LTD is a Systemically Important NBFC within the group companies carrying the Family Loan brand.



👠Family Loan does not directly participate in lending activities, but only provides a platform to facilitate registered non-bank financial companies (NBFC) or banks to lend users.



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 91 days to 6 months.



Online loan-a new option for online loan where you can avail amounts from ₹10,000 to ₹2 Lakhs as direct bank transfer for tenure ranging from 3 to 15 months. All you need is your PAN Card, Address Proof and Salary Proof.



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



Other online loan example:

Loan amount: Rs. 10,000

Tenure: 3 months

Interest Rate: 27% per annum

Processing Fee: Rs. 500 (5%)

GST on Processing Fees: Rs. 90

Total Interest: Rs. 453

EMI: Rs. 3,484

APR: 34%

Loan amount is Rs. 10,000. Disbursed amount is Rs. 9,410. Total loan repayment amount is Rs. 10,453



Features



1. 100% Online process

2. Fund safety, protected by advanced server

3. Loan transfer via bank



Eligibility



1. Indian resident

2. Above the age of 18 years

3. Should have monthly source of income



How to get started



1. Install Family Loan App

2. Create your account

3. Fill your basic details to check first level eligibility

4. Upload KYC documents - ID, Address Proof & PAN card

5. Avail Loan as bank transfer or E-voucher as per your request



Fees & Charges

Interest rates range from 0%-29.95% with equivalent monthly interest rate of 0%-2.49% only.

A small processing fee is charged for loans e.g. for low risk customers 0% - 3% of the principal, for very high-risk customers 2.5% - 7%*.

Family Loan charges one-time service fee while onboarding or during upgrade which is ₹20-₹350 depending on the risk profile.

*The charges and repayment tenures vary based on creditworthiness and repayment ability of the customers. Penalty is charged only when someone delays their scheduled payment.



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Contact Us

Email: evarbin7@gmail.com-



Address

B-402,SAMUNDRA COMPLEX,N.R.CLASSIC GOLD HOTEL, C.G.ROAD, AHMEDABAD. Gujarat INDIA