Loco Loan App
Want to know about Loco Loan App? How much loan does this loan application give? At what percentage is the interest charged on the loan? And how can you apply for the loan? So you have come to the right post.
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Because the name of the company we are going to tell you about today is Loco Loan App. So in today’s post, we are going to tell you about the loan given by Loco Loan App. First of all, we will know about the loan amount, how much loan can you get from this loan application?
Loco Loan App Loan Amount
Friends, let us tell you for your information, if you apply for a loan from the Loco Loan App, then you can get a loan of up to 2,000-70,000 from here.
Loco Loan App Interest Rate
You get to see an interest of 18% to 30% from the Loco Loan App.
Loco Loan App Tenure Rate
Let me tell you for your information, through this application, you will get loan for at least 91 days i.e. for about 3 months. That you can get a loan for maximum 365 days.
Loco Loan App Eligibility Criteria
- You must be a citizen of India to take a loan from the Loco Loan application.
- Your age should be 18-45 years.
- To take a loan from the Loco Loan application, you should have a monthly income source.
Loco Loan App Documents Required
You will not need any kind of physical document here, you will have to upload the photo of those documents.
- First of all, you have to provide the photo of your PAN card.
- On the second number, you will have to show your address proof photocopy.
How to take loan from Loco Loan App?
- To get a loan from here, you must first download the Loco Loan application from the Google Play Store.
- After downloading you have to complete all the types of pradhans mentioned in the Loco Loan application. For example, you have to give information in this, what kind of work do you do.
- If you are eligible for the loan, then this company will provide you people.
- Loco Loan App Example
Rs 10,000 at 21.9% APR for 120 days:
Daily interest = ₹10,000 x 21.9% / 365 days = ₹6
Total interest: ₹10,000 x 21.9% / 365 days x 120 days = ₹720
Total Repayment: ₹10720
So today we told you how you can take loan from Loco Loan App? How much interest is charged to you on the loan you will get from here? What is the interest rate on this loan, how much time do you get to repay the loan? How do you apply for a loan? We have given all this to you today, if any of your friends or family friends need a personal loan, then you have to share this article with them
