LoanLoji

Securing a loan that meets your financial needs has never been easier, thanks to Loanloji. With a user-friendly app and minimal documentation requirements, Loanloji ensures a seamless loan application process. Whether you need a loan for personal expenses or to get through a tough financial patch, Loanloji has you covered.

Loan Details

Loan Amount and Tenure: You have applied for a loan of ₹30,000 with a use period of 180 days (6 months).

Interest Rate:

• Annual Interest Rate: 13%
• Total Interest Payable after Maturity: ₹1,950

₹30,000×13%/12×6=₹1,950₹30,000 \times 13\% / 12 \times 6 = ₹1,950

Total Amount to be Returned after Maturity:

• ₹31,950

₹30,000+₹1,950₹30,000 + ₹1,950

Monthly Payment:

• ₹5,325

₹31,950/6=₹5,325₹31,950 / 6 = ₹5,325

Each month, you need to pay ₹5,325 on the 1st, totaling ₹31,950 over the 6 months.

Documents Required for Loan Application

To apply for a loan with Loanloji, you need to provide the following documents:

• Identity Proof: Aadhaar Card, PAN Card, Voter ID, Passport, or Driving License
• Address Proof: Aadhaar Card, Electricity Bill, Utility Bill, Passport, or Driving License
• Banking Information: Latest six months bank statement
• Income Proof: Income Tax Returns for the latest two years

Why Choose Loanloji?

1. Paperless and Digital Process: Complete the loan application entirely on your mobile without any physical paperwork.
2. Wide Range of Loans: Access various instant loan options to meet your financial needs.
3. 24/7 Access: Apply for and receive loans anytime and anywhere.
4. No Guarantors or Collateral Needed: Secure your loan without additional guarantees or collateral.
5. Flexible Repayment Options: Choose from a variety of convenient repayment plans.
6. Instant Credit: Get your loan amount credited to your bank account promptly.
7. Increasing Credit Limits: As your credit score grows, the sanctioned loan amount increases.

Eligibility Criteria

To be eligible for a loan from Loanloji, you must:

1. Be an Indian Resident
2. Be aged between 21 and 56 years old
3. Have a stable source of monthly income

How to Apply for a Loan?

1. Install the Loanloji Application: Download the app from your mobile app store.
2. Fill in Basic Information: Provide your basic details to determine your loan eligibility.
3. Submit KYC Documents: Upload the required documents for verification.
4. Apply for a Loan: Complete your loan application on the app.
5. Await Approval: Once approved, the loan amount will be transferred directly to your bank account.

With Loanloji, securing a loan is simple, quick, and efficient. The minimal documentation requirements and digital application process make it convenient for users to apply for and receive loans without hassle. Whether you need a payday loan or a salary advance, Loanloji offers the flexibility and support you need to manage your finances effectively. Download the Loanloji app today and take control of your financial future with ease.