Royal Loan App
Android 5.0 and up
February 24, 2022
Information About Royal Loan App
Royal Loan App – Instant Cash is one of India’s loan platforms that provide Indian mobile users with high-quality loan services. The royal loan may be a fast, secure, reliable, and free Android mobile banking app. We make getting a private cash loan easy and fast.
How to apply
1. Download Royal Loan – Instant Cash app from the google play store.
2. Register an account with a telephone number.
3. Choose your loan amount and loan tenure.
4. Fill in the information.
5. Loan review and cash disbursement.
Why do you have to choose Royal Loan?
1. Royal loan aims to supply individuals with 7*24 hours’ online loan services
2. Our products can provide loan services throughout India
3. Instant Loan product review and payment are in no time
4. The users with an honest reputation may have a higher loan limit, and therefore the interest and fees will be lower
– Loan amounts from ₹,1000 to ₹5,00,000
– Repayment periods from 3 Months to 24 Months
– APR from 3.5% to 12% once a year
– Processing fees range from 2.5% to five (GST 18% applies)
– you’ll be charged up to 0.1 % daily late fees for late payments.
– No other hidden fees are applicable to your loans!
– 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 is going to be credited is ₹4,848 (₹5,000 – ₹152)
– Total loan amount to repay is going to be ₹5,100 (₹5,000 + ₹100)
– Monthly repayments of ₹2,550
Royal Loan Requirements:
✯ Indian Resident
✯ Have a checking account
✯ Above 18 years old
✯ Valid Document
✯ Should have a monthly source of income
Royal Loan Security: All transaction information between you and us is protected by encryption. All information and data are transmitted through a secure connection. Without your consent, we’ll not share your information with any third party.
This fast consumer loan is a platform facilitating the loan transactions between the borrowers and the NBFCs/Banks. We don’t directly provide loans. we’ll recommend a variety of flexible loans for you to choose from. The loans provided also are a platform that fully complies with the relevant NBFC laws and regulations. All loan applications are approved and sanctioned by NBFCs/Banks registered with RBI and communicated upfront during the application.
Kindly provide us feedback if any issues.
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