A free program for Android, by Orange Retail Finance.
Why choose Orange FinMobi?
- Loan amount from Rs 20,000 to Rs 1,50,000
- Tenure from 12 months to 36 months
- 24x7 access
- Minimal documentation and processing fees
- First-time borrowers' support
- Credit approval and loan disbursement
- Types of loans we offer:
- Two Wheeler Loan
- Business Loan
- Loan Against Property
- Who is eligible to apply:
- Indian citizen
- Between the ages of 20 and 40
- Salaried or self-employed
- Any company doing business with valid PAN
- KYC documents are mandatory
- Interest, penalty
- 1.APR: (Up to 30%) according to customer's credit score
- 2.Processing fee: Ranges from 2 to 3% according to customer's credit history
- 3.No membership fees
- 4.Penalty is charged only when someone delays their scheduled repayment.
- Minimum Loan Amount: 20,000
- Maximum Loan Amount: 1,50,000
- Minimum Tenure: 12 Months
- Maximum Tenure: 36 Months
- Processing Fee: Rs %)
- GST on Processing Fee: Rs. 216 Which is 18%
- Total Interest: Rs. 16,855
- EMI: Rs. 3,202
- APR: 25%
- Disbursed amount: 60,000 + Actual Down Payment (Actual Down payment = Down payment - Processing fee).
- The total loan repayment amount is Rs. 76,855
- The charges and repayment tenures vary based on the creditworthiness and repayment ability of the customers.
