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ID: com.ctl.newcapitalconnect

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The description of Capital Connect


Capital Trust Limited PIONEERS THE DIGITALIZATION OF THE RURAL FINANCING MODEL. While maintaining the robustness of a decade-old disciplined lending model, Capital Trust supplements it with advanced technologies to create a one-of-a-kind business that finds the perfect balance between technology and traditional banking. Having provided MORE THAN 8LACK LOANS TO RURAL INDIA SINCE INCORPORATION , Capital Trust believes it has reached the perfect products to help finance the unbanked.

Product Brief
Capital Connect offer short term loans ranging from ₹ 30,000 to ₹ 1,00,000

Minimum repayment tenure: 365 days(12 months)
Maximum repayment tenure: 1,095 days (36 months).
Maximum Annual Percentage (APR): 32% to 48% depending on the risk profile of the customer and product availed.


Processing Fees: 3% to 5% of the loan amount. ( Exclusive of GST)

Example of the total cost of the loan Including all applicable fees, interest and taxes :

Loan Amount ₹ 30,000
Loan Tenure 12 Months


Processing Fees ₹ 1200+ 18% GST = ₹ 1416 of Loan Amount
Interest ₹ 7800

Total Repayment ₹ 37800

Repayment Schedule Below-

EMI Monthly Interest Account Principal
1 ₹ 3,150 ₹ 1,124 ₹ 2,026
2 ₹ 3,150 ₹ 1,048 ₹ 2,102
3 ₹ 3,150 ₹ 970 ₹ 2,180
4 ₹ 3,150 ₹ 888 ₹ 2,262
5 ₹ 3,150 ₹ 803 ₹ 2,347
6 ₹ 3,150 ₹ 715 ₹ 2,435
7 ₹ 3,150 ₹ 624 ₹ 2,526
8 ₹ 3,150 ₹ 529 ₹ 2,621
9 ₹ 3,150 ₹ 431 ₹ 2,719
10 ₹ 3,150 ₹ 329 ₹ 2,821
11 ₹ 3,150 ₹ 223 ₹ 2,927
12 ₹ 3,150 ₹ 116 ₹ 3,034

The permissions required to function well:

Location - ACCESS_FINE_LOCATION
Essential for verifying current address for the loan application.

Contacts - GET_ACCOUNT
Essential for assessing your social profile for the loan application.


Contacts - READ_CONTACTS
Essential for assessing your social profile and verifying your mobile phone.

Camera & Media Access - CAMERA, READ_EXTERNAL_STORAGE,
WRITE_EXTERNAL_STORAGE
Essential for uploading of loan application documents like PAN card, Selfie, etc.

Read Device Info - READ_PHONE_STATE
Essential to link the unique phone ID (IMEI) to the loan application for security reasons.
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  • Category

    Finance
  • Requirements:

    Android Varies with device+

Capital Connect Varies with device APK for Android Varies with device+

Version Varies with device for Android Varies with device+
Update on 2023-02-14
Installs 100.000++
File size 21.930.202 bytes
Permissions view permissions
What's new >Minor changes & bug fixed.

Versions history:

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