Loans range from 4,000 to 1 Lakh
Tenure: 62days to 1year. Interest rates range from 0%-30% depending on the risk profile of the customer and product availed.
Example: If the loan amount is 40,000 & interest is 22% per annum with tenure of 12 months, processing fee of Rs. 750 will be charged.
The interest for 12 months would come out to be 4,925. The EMI per month would be 3,744. This would translate to a maximum APR of 23.875%. The total cost of the loan will be 5,678. The total amount paid back including everything at the end of the term will be 45,678.
SmartCoin is an app-based lending platform that connects borrowers with NBFCs/Banks. All Loan Apps are sanctioned & approved by NBFCs/Banks registered with RBI and their details are shown upfront during Loan application. Details are also available in the Loan Agreements.
SmartCoin Instant Loan App makes it easier for anyone to apply and borrow instant cash and get Quick Loan. You can get credit instantly with just a few documents and get cash transferred to your bank account. The process of getting Instant Personal Loan through our lone app takes a few minutes and money is transferred to your bank account within 1 business day. SmartCoin is like a friend you can borrow instant money from without any hesitation just open your Loan App and within a few minutes, you are done with the application process.
For our users in Hindi:
SmartCoin se mil sakta hai Instant kredit 4000 se 1 Lakh tak. Bas Loan App Download Kare, details fill Karen aur payen online app se fast loan, payment asan kissht mein. Online Loan app ka pura process 100% digital hai aur wapas karna hai asan kissht mein.
Why SmartCoin Loan App?
Buy Now Pay Later in easy EMI
Access Personal loans from 4000 to 1 Lakh.
Borrow cash loans at your convenience - With just a few clicks, anytime, anywhere get cash online transferred to your bank account.
Completely Online Loan: apply in 5 minutes, Money Tap away!
Works with all Android devices like Xiaomi, Oppo, Vivo, Samsung, etc.
Live across all cities and like Delhi, Navi Mumbai, Hyderabad, Chennai, Kolkata, Jaipur, etc.
Amount, Tenure, Fees & Charges
Loan amounts range from 4,000 to 1 Lakh, Tenure: 62 days-180days. Interest rates range from 0%-30% depending on the risk profile which is equivalent to a monthly interest rate of 0%-2.5% only. There is a small processing fee that is charged for loans e.g. for low risk customers 0%-2.5% of the principal, for very high-risk customers 4%-7%*. The charges and repayment tenures vary based on the creditworthiness and repayment ability of the customers.
The penalty is charged only when someone delays their scheduled payment.
In addition to it, GST will be applicable only on the fee components as per Indian laws.
*The higher charges are only for loans of the lower amounts and lower repayment tenure.
The APR for different products is separate as per the risk profile of the customers. The APR for different personal loan products: low-risk customers are 18%-36%, medium risk customers are 24%-39%, high-risk customers are 30%-42% and very high-risk customers is 30%-70%
Contact Us :
Feedback email: firstname.lastname@example.org
Regarding Repayments etc, email Help@smartcoin.co.in
Instant Personal Loan App, Quick Loan - Smartcoin 2.3.3 4.4 and up Apk Free Download Updated Version
Loans range from 4,000 to 1 Lakh