LokSuvidha - Personal Loan App 2.1
Free Version
Publisher Description
LokSuvidha - Personal Loan App - Instant Personal Loan App for Salaried & Self Employed Professionals in India
Welcome to LokSuvidha Personal Loan app, your trusted financial partner for quick, paperless and hassle-free personal loans with completely digital journey. Download Now!
Whether you need funds for a medical emergency, education expenses, home renovation, or any other individual needs - LokSuvidha is here to help you fulfill your dreams. Offering instant personal loan of up to ₹ 1 Lakh at competitive interest rates (APR) ranging from 14% to 27%*. Choose convenient repayment tenure ranging from 6 to 24 months.
Features:
● Instant hassle free Personal Loan up to ₹ 1 Lakh
● 100% digital process
● Flexible tenure options to choose from (6 to 24 months)
● No security deposit or guarantor required
Loan Eligibility Criteria:
● Nationality should be Indian
● Minimum household annual earnings should be above 2.4 lacs (Salaried or Self-employed)
● Age should be in the range of 21-60 years
● Min. credit score 650
● Income must be credited to your bank A/C
Easy Lending Process:
1. Download the LokSuvidha personal loan app.
2. Register with your mobile number.
3. Apply by completing the kyc process & check for loan eligibility.
3. Choose the required loan amount & tenure basis eligibility upon approval.
4. Digitally authorise the ACH Mandate & Sign the agreement.
5. Get money transferred directly to your bank account within 24 working hours.
We are currently serving in more than 60+ locations in India, across 4 states: Maharashtra, Madhya Pradesh, Uttar Pradesh, and Chhattisgarh.
Illustrative Example (sample loan calculation):
Loan Amount (Principal): ₹50,000
Tenure: 12 Months
Interest Rate (APR): 24%
PF (Processing Fee Incl. GST): ₹1,500* (No hidden charges)
Disbursed Amount (Credited to your bank account): ₹50,000 Principal - ₹1,500 PF = ₹48,500
Monthly EMI: ₹4,728
Total Payable Amount: ₹4,728 x 12 = ₹56,736
Total Interest Payable: ₹4,728 x 12 - ₹50,000 (Principal) = ₹6,736
Total Cost of Loan = Interest + PF = ₹6,736 + ₹1,500 = ₹8,236
*Please note that these figures including PF and APR, are provided for illustrative/ representation purposes only and can vary for each borrower based on their individual credit assessment by Lok Suvidha Finance Ltd.
About us: Lok Suvidha Finance Ltd. is an RBI registered NBFC based out of Nagpur, providing lending facilities such as Personal Loan, Two Wheeler Loan, E-Rickshaw Loan and Solar project financing.
For any queries or assistance regarding loans, feel free to email us at: customer.care@loksuvidha.com
About LokSuvidha - Personal Loan App
LokSuvidha - Personal Loan App is a free app for Android published in the Accounting & Finance list of apps, part of Business.
The company that develops LokSuvidha - Personal Loan App is Lok Suvidha Finance Limited. The latest version released by its developer is 2.1.
To install LokSuvidha - Personal Loan App on your Android device, just click the green Continue To App button above to start the installation process. The app is listed on our website since 2023-06-29 and was downloaded 51 times. We have already checked if the download link is safe, however for your own protection we recommend that you scan the downloaded app with your antivirus. Your antivirus may detect the LokSuvidha - Personal Loan App as malware as malware if the download link to com.loksuvidha.loksuvidhaconsumerapp is broken.
How to install LokSuvidha - Personal Loan App on your Android device:
- Click on the Continue To App button on our website. This will redirect you to Google Play.
- Once the LokSuvidha - Personal Loan App is shown in the Google Play listing of your Android device, you can start its download and installation. Tap on the Install button located below the search bar and to the right of the app icon.
- A pop-up window with the permissions required by LokSuvidha - Personal Loan App will be shown. Click on Accept to continue the process.
- LokSuvidha - Personal Loan App will be downloaded onto your device, displaying a progress. Once the download completes, the installation will start and you'll get a notification after the installation is finished.
