MoneyClick - Instant Personal Loan App

MONEYCLICK
MoneyClick is India’s leading online loan app offering its users a credit limit between Rs 10,00 to Rs 1 lakh! Personal loan interest rates range from 12% to 34% p.a. Tenure: 91 days to 365 days.
You can use it for travel, family events, weddings, buying electronics, medical expenses, home renovations & more!
depending on risk profile of customer and product availed
Example: If loan amount is ₹50,000 & interest is 22% per annum with tenure of 91 days; after deducting any other fees
Interest = ₹50,000 x 22%/365 x 91 = ₹2,742

How do I apply for a MoneyClick Personal Loan?
Availing an instant personal loan is super easy and can be completed in 3 steps:
1. Check eligibility in the App - Using mobile number & PAN you can check your limit in seconds
2. Complete Application - Keep a few documents such as Aadhaar card, proof of current address and PAN card handy to complete the process
3. Get Your Money – Setup your bank account to receive the funds

What all do I need for Personal Loan application?
You will need the following documents handy. You will just need to upload them to our app when promoted from the steps below.
1. PAN Information
2. Identity proof such as Aadhaar Card
3. Current address proof such as rent agreement, electricity bill etc.
4. Bank Details – Bank name, account number and ifsc code
5 Selfie

Features
1. 100% Online process
2. Minimal documentation
3. Fast approval
4. Immediate bank transfer


Eligibility
1. Indian resident
2. Above the age of 21 years
3. Should have monthly source of income


Benefits & Risks
1. Get access to higher amounts & tenures as you repay on time
2. As compliance requirement your payment behaviour is shared with credit rating agencies; based on that your credit score may increase/decrease
Amount, Tenure, Fees & Charges

Loans amount: ₹1,000 to ₹200,000, Tenure: 91 days to 365 days.
Golden Lightning charges one-time service fee while onboarding or during upgrade which is ₹30-₹350 depending on the risk profile and membership band availed by customer. Interest rates range from 0%-30%. 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%-6.5%*. 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.

The APR for different products is separate as per the risk profile of the customers. The APR for different personal loan products: low risk customers is 0%-20%, medium risk customers is 18%-24%, high risk customers is 22%-30%*.

In addition to it, GST will be applicable only on the fee components as per Indian laws.

*The higher charges are only for loans of lower amount and lower repayment tenure.

Example

A medium risk customer availing personal loan for salaried can avail a loan of ₹50,000 at an interest rate of 22%, processing fee of ₹1,250 for a period of 12 months and onboarding fees of ₹350. This would translate to an APR 25.2%.

Interest Calculation

If loan amount is ₹50,000 & interest is 22% per annum; and loan is to be repaid over 12 EMIs, then overall interest payable is ₹6,157 only. The EMI per month would be ₹4,680 only.

Security & Protection of Privacy

Data security & privacy is a top priority at Payme India. We use SHA-2 and 2,048-bit encryption (the strongest security system in the market) security and comply with SSL certificate.


Download MoneyClick India personal loan app now and ensure financial happiness for your family and yourself!!!

★ About us
Have problem to use MoneyClick？please contact us .
Working time: 9:00 am – 18:30 pm (Monday - Saturday)
Tele Phone:8088001301
Website: www.moneyclick.cash
Email: [email protected]
Online Customer Service: Open the app -> My account -> About Us