Short-term loans are those loans that have a quick repayment period. The funds are disbursed speedily and you need to repay on a weekly/monthly basis. You can opt for them in case of an extreme emergency!
A personal loan is a type of loan that aims to help you in any situation in which you are burdened with out-of-pocket expenses. Such loans usually have fixed rates, fixed monthly payments, and no collateral.
What can you gain from us?
In the recent Covid scenario, we provide a safe secure digital platform to debit quick money for emergency situations. Your acceptability is based on your creditworthiness and no collateral is required. We offer advance salary loans for emergencies when you do not have enough cash as a financial backup or to meet unexpected expenses/losses.
A secure and fast loan disbursement process is our forte.
You do not need to worry about the long and cumbersome paperwork/waiting process for availing of the loan. Just a digital upload of the required documents will suffice and upon scanning, we will approve and transfer your loan in 15 minutes.
We can help you meet more than one unexpected expense at a time; whether it's home/vehicle repairs, medical bills, housing, utilities, weddings, or other family emergencies. We have an easy application process with no upfront fees or charges.
A disclaimer before you apply
The rates are somewhat higher as compared to long-term loans like automobile loans from banks.
We only serve Indian citizens.
This is short term loan service only for salaried individuals with a salary above INR 25000/-.
PLEASE READ THESE TERMS AND CONDITIONS ("Terms") CAREFULLY. THESE TERMS FORM A LEGAL AGREEMENT BETWEEN DEVMUNI LEASING & FINANCE LIMITED AND YOU. BY CLICKING ON "I ACCEPT" OR "I AGREE" OR BY DOWNLOADING, INSTALLING, OR OTHERWISE USING THE SERVICES, YOU ACCEPT AND AGREE TO THE TERMS CONTAINED HEREIN. IF YOU DO NOT AGREE TO THESE TERMS, DO NOT CLICK "I ACCEPT" OR "I AGREE" OR DOWNLOAD, INSTALL OR USE THE SERVICES.
Monthly Interest Rate: 2.9166
Offered Annual Percentage Rate (APR): 35% (Fixed)
Tenure/Repayment Period: 1 - 3 Years
Minimum-Maximum Loan Amount: INR 10,000- 5,00,000
Processing Fee: 2%
GST on Processing Fee (Exclusive): 18%
| Loan Amount | APR | Tenure | Processing Fee | GST on Processing Fee | Amount Disbursed | EMI | Total Repayment Amount | Total Interest |
|---|---|---|---|---|---|---|---|---|
| 50,000 | 35% | 12 Months | 1,000 | 180 | 48,820 | 4,998 | 59,978 | 9,978 |
Company Accreditation
We are registered under the name DEVMUNI LEASING & FINANCE LIMITED, a registered NBFC (non-banking financial institution) , approved by RBI.
Fill out the easy loan approval form online. Your information is safe and secure with us. Be rest assured.
Make sure that you have filled all the details correctly and in their correct meaning. The faster and accurately you complete the formalities, the faster we will provide you the funds!
Your A-4 size clear and extant passport photograph on a white background is what we are looking for!
Aadhaar Card, PAN Card is mandatory to be with you!
Any one of the following will reassert your residence proof: Voter ID, Driving License, Passport, Postpaid/Landline Bill, Utility Bill (Electricity/Water/Gas).
Last 3 months bank statement (must be a salaried account) and last three months salary slips requisites.