Money Train - A Personal Loan Helper icon

Money Train - A Personal Loan Helper

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(4.44/5)

1.0.2Free2 years ago

Download Money Train - A Personal Loan Helper APK latest version Free for Android

Version 1.0.2
Update
Size 4.1M
Developer Granite Stone
Category Apps, Finance
Package Name com.indi.train.money
OS 5.0 and up

Money Train - A Personal Loan Helper APPLICATION description

A safe and secure way of personal loans for the Indian users
Money Train is an online personal loan platform. It provides a safe and secure way of personal loans for the Indian users.

Our Loan characteristics:
- Loan amount from ₹ 2000 to ₹20000
- Repayment periods from 3 Month to 6 Month
- APR from 12% to 36% per annum
- Processing fees range from 3% to 12% (GST 18% applies)
- You may be charged up to 0.1 % daily late fees for late payments ( capped to 18% of principal amount overdue ).
- No other hidden fees applicable to your loans!

Example of Cash Loan:
- Credit ₹5,000 at an APR of 12% (per annum) with a tenure of 61 days
- Interest of loan = ₹5,000 x 12 %/ 365 x 60 = ₹100
- Processing fee of loan = ₹5,000 x 3% = ₹125 (Also on which GST apply of ₹27)
- Total cost of the loan = ₹225

- Total loan amount disbursed will be credit is ₹4,848 (₹5,000 - ₹152)
- Total loan amount to repay will be ₹5,100 (₹5,000 + ₹100)
- Monthly repayments of ₹2,550


Brief description of loan process:
Install the Money Train App,
Register and log in with your cell phone number,
Submit some information to verify your loan eligibility,
Choose the suitable loan and submit the application,
Wait patiently for the review result and get the money.

Loan eligibility:
Indian Resident,
18-46 years old,
Have a legal and stable income

Contact Us:
Customer Service Email: [email protected]
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