Instant Mudra : Personal Loan 67.8.2

Instant Mudra focuses on providing personal loans in India to mobile users, offering amounts ranging from Rs 3,000 to Rs 30,000. Instant Mudra's online personal loan app streamlines the borrowing process, making it easy and quick for users to apply for and receive instant loans directly into their bank accounts. The app operates 24/7 to meet customers' financial needs.

Currently, Instant Mudra caters to salaried individuals but aims to expand its services to become one of the premier instant loan and personal loan apps in India. They are dedicated to offering professional financial services and emphasize convenience and flexibility for their users.

Instant Mudra Personal Loan App Features:

• High loan amounts: Apply for personal loans online from Rs 3,000 to Rs 30,000.
• 100% Online Process
• Credit checks based on comprehensive credit scores
• Quick approval
• Fast bank transfer

Instant Personal Loan Eligibility:

• Indian citizen above 21 years old
• Minimum monthly salary of Rs 25,000
• One active bank account
• Working phone number

How Instant Mudra Personal Loan Apps Work:

1. Download the Instant Mudra personal loan app from the Play Store.
2. Register with your mobile number.
3. Submit basic details to check eligibility.
4. Receive an instant personal loan in India credited directly into your bank account within 5-48 hours.

Documents Required for Instant Personal Loan in India:

• Photograph – A Selfie
• Income Proof – Last 3 months salary slip
• Bank Statement - Updated 6 months salary account statements
• Employment Proof – Employee ID card and visiting card
• Identity Proof - Aadhaar Card or PAN card
• Signature Proof - Banker Verification post instant loan approval

Amount, Tenure, Fees & Charges:

• Loan amount: ₹3,000.00 - ₹30,0000
• Loan term (EMI):
  • Minimum tenure: 3 months
  • Maximum tenure: 24 months (including renewal time)
• Maximum APR: 23%
• No Hidden Charges

Financial Example:

A customer borrowing ₹30,000 at an interest rate of 23% per annum with a processing fee of ₹750 over 12 months would repay a total of ₹36,900, with a monthly EMI of ₹3075.

The Instant Mudra personal loan app offers a swift and hassle-free alternative to traditional banking processes. Users can avoid long queues and enjoy a simplified application process to access funds promptly. It is a mobile financial technology platform catering to individuals seeking easy access to immediate personal loans.

Lending Partner:

Chintamani Finlease Ltd
216, Ansal Vikas Deep Building, Laxmi Nagar District Centre, Near Nirman Vihar Metro Station, Delhi - 110092.