Download EnrootPay - Personal Instant Loan App APK latest version Free for Android
| Version | 1.0 |
| Update | 4 years ago |
| Size | 2.29 MB (2,404,078 bytes) |
| Developer | Enroot |
| Category | Apps, Business |
| Package Name | com.loanintime.loanintime |
| OS | 6.0 and up |
EnrootPay - Personal Instant Loan App APPLICATION description
Enroot Pay is an Instant Personal Loan App and Credit Platform for Young Professionals, where one can apply for Personal Loan Online and avail upto ₹ 1 Lakh as Direct Cash Transfer to Bank Account as per their requirement. The interest rate ranges from 0% per annum to 29.95% per annum, which translates to 0% - 2.49% Per Month. The repayment tenure for Personal Loan ranges between 30 days to 365 days. The documentation is very minimal & the entire process starting from registration to cash disbursement does not take more than 10 minutes. The application process is 100% online, and on approval, the cash is immediately transferred to the bank account of the user.
Enroot Pay Features:
1. 100% Online (Paperless) Process
2. Minimal Documentation
3. Quick Approval (Less than 5 minutes)
4. Immediate Bank Transfer
5. No Credit History Required
6. Multiple Repayment Options
Eligibility:
1. Indian resident
2. Above the age of 18 years
3. Should have monthly source of income
Documents:
1. Address Proof (either of Aadhaar/Voter ID/Passport)
2. Identity Proof (PAN ID)
In some cases,
1. Office ID Card
2. Salary Bank Statement
3. Workplace Email ID
Credit Card is not required for availing Personal Loan from Enroot Pay.
Interest Calculation
1. If the principal amount is ₹10,000 and the interest is 24% per annum; and the tenure is 91 days, then the overall interest payable is ₹10,000 x 24/100 x 91/365 = ₹598 only.
2. If the loan amount is ₹15,000 and the interest is 27% per annum; and the loan is to be repaid over 3 EMIs, then the overall interest payable is ₹680 only. The EMI per month would be ₹5,227 only.
How it works?
Step 1: Install Enroot Pay App from the Play Store
Step 2: Fill in your basic details to check first level eligibility
Step 3: Pay Application/Subscription Fee
Step 4: Upload KYC documents (ID & Address Proof) & fill in more details for online verification
Step 5: After Profile Confirmation, Select Required Amount & E-sign Agreement to Avail Loan
Step 6: Amount is disbursed to your Bank Account & Notification is sent
Why Personal Loan from Enroot Pay?
1. It could be to gift your loved one, or a case of medical emergency for anyone in your family, or a discount sale going on which you don’t want to miss out on. Situations and opportunities don’t come with a notification, so Enroot Pay stands with you in those times for you to do the needful.
2. Availing the Instant Personal Loan Online from Enroot Pay and repaying back on time regularly will improve your Credit Score. This will help you avail bigger loans from banks (home loan, car loans, education loans etc.) at a much better interest rate.
Operational Cities:
Enroot Pay is operational Pan India.
Security:
Your data is safe with us. It is transferred over a secure HTTPS connection to us, and we do not share it with anyone without your consent except the Lenders. All the transactions are secured via a 128-bit SSL encryption.
Contact Us:
1. For immediate response, you may reach us through email [email protected] , and we shall respond at the earliest (within 1 - 8 working hours).
2. You may also call at 09494126187.
Address:
Enroot Pay, H.No.3-4-480,Barkathpura HYDERABAD Hyderabad , Telangana - 500027. INDIA
Enroot Pay Features:
1. 100% Online (Paperless) Process
2. Minimal Documentation
3. Quick Approval (Less than 5 minutes)
4. Immediate Bank Transfer
5. No Credit History Required
6. Multiple Repayment Options
Eligibility:
1. Indian resident
2. Above the age of 18 years
3. Should have monthly source of income
Documents:
1. Address Proof (either of Aadhaar/Voter ID/Passport)
2. Identity Proof (PAN ID)
In some cases,
1. Office ID Card
2. Salary Bank Statement
3. Workplace Email ID
Credit Card is not required for availing Personal Loan from Enroot Pay.
Interest Calculation
1. If the principal amount is ₹10,000 and the interest is 24% per annum; and the tenure is 91 days, then the overall interest payable is ₹10,000 x 24/100 x 91/365 = ₹598 only.
2. If the loan amount is ₹15,000 and the interest is 27% per annum; and the loan is to be repaid over 3 EMIs, then the overall interest payable is ₹680 only. The EMI per month would be ₹5,227 only.
How it works?
Step 1: Install Enroot Pay App from the Play Store
Step 2: Fill in your basic details to check first level eligibility
Step 3: Pay Application/Subscription Fee
Step 4: Upload KYC documents (ID & Address Proof) & fill in more details for online verification
Step 5: After Profile Confirmation, Select Required Amount & E-sign Agreement to Avail Loan
Step 6: Amount is disbursed to your Bank Account & Notification is sent
Why Personal Loan from Enroot Pay?
1. It could be to gift your loved one, or a case of medical emergency for anyone in your family, or a discount sale going on which you don’t want to miss out on. Situations and opportunities don’t come with a notification, so Enroot Pay stands with you in those times for you to do the needful.
2. Availing the Instant Personal Loan Online from Enroot Pay and repaying back on time regularly will improve your Credit Score. This will help you avail bigger loans from banks (home loan, car loans, education loans etc.) at a much better interest rate.
Operational Cities:
Enroot Pay is operational Pan India.
Security:
Your data is safe with us. It is transferred over a secure HTTPS connection to us, and we do not share it with anyone without your consent except the Lenders. All the transactions are secured via a 128-bit SSL encryption.
Contact Us:
1. For immediate response, you may reach us through email [email protected] , and we shall respond at the earliest (within 1 - 8 working hours).
2. You may also call at 09494126187.
Address:
Enroot Pay, H.No.3-4-480,Barkathpura HYDERABAD Hyderabad , Telangana - 500027. INDIA
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