| Interest Rate | 28% |
| Duration | From 14 Days |
| Access Level | Public |
| Company Name | KEY GAMING PRIVATE LIMITED |
| Phone 1 | |
| Phone 2 | |
| Website or Store | |
| Address | Office No. 405 4TH FLOOR SUCHITA BUSINESS PRK, PLT 274 PANTNGR YS JADHAV MARG GHATKOPAR, MUMBAI, India, 400077 |
| Category | Dangerous Loan |
| Company Email | info@loancube.co.in |
| Views | 138 |
LoanCube emerges as a reliable online loan platform designed to cater to various financial needs. By providing safe and diverse loan products along with related services, LoanCube ensures that customers have a professional and comprehensive loan market at their fingertips. Simply download the LoanCube app, and you're on your way to accessing multiple loan products with ease.
Product Information
LoanCube prides itself on offering low-interest rates and flexible terms, ensuring that borrowers can find a loan product that suits their needs.
- Low Interest Rate: The daily interest rate is approximately 0.098%.
- Annual Interest Rate: The highest annual interest rate is up to 35%.
- Loan Amount: Borrowers can apply for a minimum loan of ₹3,000 and a maximum of ₹3 Lakhs.
- Transaction Fee: Zero transaction fee.
- Flexible Repayment Period: The shortest repayment period is 91 days (including renewal), and the longest is 730 days (including renewal).
Example Calculation:
For instance, if you borrow ₹5,000 at an APR of 30% for a tenure of 91 days, the interest payable would be calculated as follows:
Interest=₹5,000×30%/365×91=₹374\text{Interest} = ₹5,000 \times 30\% / 365 \times 91 = ₹374
Eligibility Criteria
To apply for a loan through LoanCube, you need to meet the following eligibility criteria:
- Indian Resident: Applicants must be citizens of India.
- Age Range: Between 20 and 56 years old.
- Monthly Income: A stable source of monthly income is required.
How It Works
Getting a loan from LoanCube is straightforward and user-friendly. Here’s a step-by-step guide:
- Install the App: Download the LoanCube app from Google Play.
- Choose a Loan Product: Browse and select the loan product that suits your needs.
- Fill Out Your Information: Complete your application by filling out the required details.
- Submit the Application: After filling out the information, submit your application.
- Confirm the Loan Agreement: Review and confirm the loan agreement.
- Wait for the Result: Await the approval of your loan application.
Key Features and Benefits
LoanCube offers several features and benefits that make it a top choice for borrowers:
- Ease of Use: The app is designed to be user-friendly, ensuring smooth navigation and quick application processes.
- No Paperwork: The entire process is digital and paperless, saving you time and hassle.
- Instant Funds: Receive your loan amount directly into your mobile money or bank account once approved.
- Flexible Repayment: Enjoy flexible repayment periods ranging from 91 days to 730 days.
- No Credit History Required: You can apply for a loan even if you have no previous credit history.
- Secure Transactions: All transactions are secure, ensuring the safety of your financial information.
LoanCube stands out as a comprehensive online loan platform that offers a wide range of loan products to meet different financial needs. With its low-interest rates, flexible repayment terms, and user-friendly interface, LoanCube provides a seamless and efficient borrowing experience. Whether you need a small loan for immediate expenses or a larger sum for significant financial goals, LoanCube has you covered.
By understanding the product information, eligibility criteria, and application process, you can make informed decisions and take advantage of the financial flexibility that LoanCube offers. Download the LoanCube app today and embark on a hassle-free journey to secure your financial needs.
Expert Counsel
Although loan apps might seem like a quick solution to financial challenges, they often come with significant risks. Here are 10 important tips to keep in mind when using these online loan applications:
- Expect Aggressive Messaging for Late Payments
Even if you're just a day late on your repayment, you might face aggressive and harassing messages, especially on platforms like WhatsApp. If this happens, don’t hesitate to block the sender to preserve your peace of mind. - Avoid Borrowing from Multiple Loan Apps
Resorting to other loan apps to repay existing debts can trap you in a never-ending cycle of borrowing. This practice often worsens your financial situation rather than improving it. - Be Aware of High Penalty Interest Rates
Missed payments can result in daily interest rates ranging from 5% to 7%. These penalty rates can quickly balloon your debt, making repayment even more difficult. - Download Apps Only from Official Sources
Always ensure you're downloading loan apps from trusted platforms like the Google Play Store. Downloading from unofficial sites puts your personal information at risk and can expose you to fraud or harassment. - Consider Skipping Loan Apps Altogether
Many loan apps are designed to trap users in cycles of debt, often compromising their privacy and financial health. It's often safer to explore alternative, more secure financial options. - Watch for Short Repayment Periods
Some loan apps offer repayment periods as short as 6 to 14 days, which can make it difficult to pay off the loan on time and increase the risk of falling into a debt trap. - Protect Your Personal Reputation
In some cases, loan apps will contact your friends or family in an attempt to shame you publicly. Once this damage is done, some borrowers may feel there’s no point in repaying the loan, but avoiding the loan altogether is a better solution. - Stop Borrowing to Break Free
The best way to escape the clutches of loan sharks is to stop borrowing. Though difficult, this step is necessary to regain control of your financial life and prevent further debt. - Use Call Management Tools Like Truecaller
Truecaller is a great tool for blocking unwanted calls from loan apps, helping you manage stress and reduce harassment from lenders. - Report and Block Harassing Messages
If you receive threatening messages, particularly on platforms like WhatsApp, take immediate action by blocking the sender and reporting them to WhatsApp and the Google Play Store. This helps protect others from similar harassment.
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