Publisher Description
SuperaCredit Loan is a instant personal loan platform that provide instant personal - Small loans upto 1 lacs.
Few things to Note
Loan amount: $1,000 to $1,00,000
Annual Percentage rates (APR) : 16% - 34%
Tenure (Minimum and Maximum Repayment Duration): 3 to 72 months
Processing fees and other charges: 2.5% to 6% (Min $1,499+GST and Max $7,499+GST)
Example
Loan Amount: $50,000
Tenure: 12 months
Interest Rate: 22% (on reducing principal balance interest calculation)
EMI: $4,680
Total Interest Payable: $4,680 x 12 months - $50,000 Principal = $6,160
Processing Fees (incl. GST): $1,475
Disbursed Amount: $50,000 - $1,475 = $48,525
Total Amount Payable: $4,680 x 12 months = $56,160
Total Cost of the Loan = Interest Amount + Processing Fees = $6,160 + $1,475 = $7,635
Other online loan example:
Loan amount: $. 10,000
Tenure: 3 months
Interest Rate: 27% per annul
Processing Fee: $. 500 (5%)
GST on Processing Fees: $. 90
Total Interest: $. 453
EMI: $. 3,484
APR: 27%
-Loan amount is $. 10,000. Disbursed amount is $. 9,410. Total loan repayment amount is $. 10,453
Fees & Charges :
- Interest rates range from 0%-29.95% with equivalent monthly interest rate of 0%-2.49% only.
- A small processing fee is charged for loans e.g. for low risk customers 0% - 3% of the principal, for very high-risk customers 2.5% - 7%*.
- One Loans charges one-time service fee while on boarding or during upgrade which is $20-$350 depending on the risk profile.
Get safe, fair, convenient and affordable online loans through SuperaCredit Personal Loans, India's personal loan application.
You can use loans with zero collateral and minimal documentation,
and the process is completely online. SuperaCredit Personal Loan is a Easy app to get fast loan in seconds.
Requirement :
1. Age requirement must be above 18+ years old.
2. You must be a citizen of India.
3. Aadhaar and Pan card.
Security :
Data security & users’ privacy is the top priority. Our back end APIs comply with mandated security standards and robust protocols which have been tested and certified. We do not collect, read or store your personal information.
If you have any questions, please feel free to contact us on email.
Address: 11,finity business center,Station road, Delhi-NCR.