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" We are having only web based platform and doesn't ask customers to download any mobile app. Kindly connect us immediatly if any one ask to download any app on behalf of our company"
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About Loan Prime

Best Finance Company in India

We are a tech driven organization, constantly endeavouring to upgrade our services technologically, purely with the aim of providing a seamless borrowing experience to our customers. We carry out ethical lending processes whereby we calculate and lend that much to a customer which we believe he can easily pay back. We never want our customers to get themselves into a debt trap. Ours is a fully automated loan approval and disbursal process to enable our customers to avail funds within minutes. We understand that when the need for funds is urgent disbursal also should be carried out on an urgent basis. It is not fair to keep the customer in a state of suspended animation for long.

Our Services

Loans For Household

Financial Commitments

Salary
Loan

Loans For Travel And Leisure

Loans For Your Purchase And Shopping

Loans To
Clear Your
Bills

Loans For
Medical
Emergency

Core benefits of our loan

Loan when you need it most

We ensure the loan reaches you just when you need it most. There is no undue stress because of delayed disbursal, or lack of communication.

Pay back when your need is over

When you are done with the loan you can immediately return it and save on your interest. This will be easy as we have no prepayment charges.

Avoid accumulating unnecessary interest.

As the tenure of these loans in short, you will not pile up any interest burden. We will help you manage your funds intelligently.

Increase your limit when you want

This is a kind of a line-of-credit wherein we keep increasing your limit depending on your repayment records So keep availing more and more funds

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How Loan Prime Works?

Apply the loans
01
Send the Documents
02
Get approval in 15 minutes
03
Quick disbursal
04

Rates & Charges

  • Minimum loan amount - Rs 5,000 /-
  • Maximum loan amount - Rs 1,00,000 /-
  • Tenure - 90 Days to 365 Days.
  • Processing fee - 5% to 8% of loan amount.

Rates & Charges

  • No pre - closure charges
  • No prepayment charges
  • ROI (Rate of interest) @ 1.5% to 2.92% Monthly
  • APR (Annual Percentage Rate) @ 18% to 35%.
  • Cheque bounce charges: Rs. 1000/-


How is APR determined?


Annual percentage rate (APR) is determined based on your credit score, the amount you wish to borrow and your steady income. Generally, a good CIBIL score calls for a low APR while a poor CIBIL score means high APR. But we have a fixed APR which is the same for all.

Working of Our Rates & Fees


APR reflects the true cost of borrowing money. It includes the annual interest rate, a nominal processing fee and other miscellaneous expenses. APR is usually lower than your credit card interest rate. APR is the actual annual cost of your loan that helps you compare various loan offers from different lenders. We have a fixed APR @ 33.6% per annum.



Monthly Payment Example

Tenure Loan Amount Interest Rate Admin Fees APR Amount Deposite¬d EMI Total Interest
12 Months Rs.1,00,000 2% Rs.1000 24% Rs. 99000 Rs. 9456 Rs.13472