MoNeed

MoNeed is an authorized digital lending platform and fully adheres to all regulatory requirements of the RBI. we have been partnered with India's registered Non-Banking Financial Companies (NBFCs) all the time include Jhuria Financial Services Private Limited. The names of our partnered NBFCs can be found on the RBI website access: https://www.rbi.org.in/Scripts/BS_NBFCList.aspx

We provide safe and reliable unsecured loans with an extended service. Customers can choose to extend the loan repayments for minimum period of 91 days and maximum period of 180 days.
Currently, we provide loans of minimum period repayment of 91 days and maximum period of 180 days, the amount from Rs 3000 to Rs 15000, and the maximum Annual Percentage Rate (APR) is 36%. Processing fee rate is based on personal credit which starts from 13.98% up to 26% of the loan amount.


If the loan amount is Rs 12000, Annual interest rate is 30% with 6 months installment, then the representative example of the total cost of the loan, including all applicable fees is as follow:
Total Processing fee = ₹12000 * 20% = ₹2400；
Interest per month = ₹12000 * 30% / 360 * 30 = ₹300；
Monthly repayment = Principal + interest = ₹2000 + ₹300 = ₹2300；
All repayment = monthly repayment * period of installment + total processing fee = ₹2300 * 6 + ₹2400 = ₹16200


Loan application conditions:
Indian citizen with Aadhaar
Minimum age of 21 to maximum of 40

How to repay a loan?
You can repay loan through Net banking, UPI and offline payment via ATM.
MoNeed allows loan repayment in advance before due day.

Customer service
If you have questions or complaints, please leave us a message through the Feedback page in our application or contact our customer service center. We are ready to serve you.

Contact us
Consumer service number: 01836670970
Customer service time:
Monday-Saturday 10:00am-17:00pm
Customer service Email address: [email protected]

MoNeed Page
Homepage: https://www.moneed.net/#/home
Facebook: https://www.facebook.com/MoNeed2018