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

A Unit Of Salora Capital Limited

GRIEVANCE REDRESSAL CELL

We strictly follow the RBI directive and have set up an effective Grievance Redressal Cell to handle and address all manner of grievances. We always endeavour to carry out responsible lending, whereby we give just the loan which we know you will find convenient to pay back, but also recover our dues ethically. We never believe in any manner of high-handed or coercive recovery methods. But in case you have any complaints we will take up the matter seriously and address the issue within 5 working days.

Email us at : grievance@loanintap.com
Call us at: +91 9773981506

Rates & Charges

Rates & Charges

Rates & Charges

How is APR determined?

Working of Our Rates & Fees

Monthly Payment Example

+919773981505

A Unit Of Salora Capital Limited

GRIEVANCE REDRESSAL CELL