bharatloan-shape1 bharatloan-shape2 bharatloan-shap-a

Short Term Loan


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!

Personal Loan


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.

Benefits

What can you gain from us?


INSTANT FINANCIAL ASSISTANCE


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.

EASY FAST REDRESSAL


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.

Flexible


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.

RISKS

A disclaimer before you apply


RELATIVELY HIGH INTEREST RATE


The rates are somewhat higher as compared to long-term loans like automobile loans from banks.

RESIDENTS ONLY


We only serve Indian citizens.

SALARY LOANS


This is short term loan service only for salaried individuals with a salary above INR 25000/-.

Terms and Conditions


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.

Read More...

Eligibility Criteria


  • Should be Indian resident
  • Salaried Employed
  • Above 25 years of age is mandatory
  • Need to be Savings Bank Account Holder
  • CIBIL Score Should be Fair

Documents Required


  • Your personal loan application should be completely filled with your current photograph.
  • PAN Card required.
  • Residence proof – Driving Licence, Voter ID, Passport, Utility Bills (Electricity/Water/Gas), Postpaid/Landline Bill.
  • Last 3 months bank statements of the salary account.
  • Last 3 months Salary Slips.

Rates and Fees


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%

Representative Example:

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.

Address and Accreditation

Fill out the easy loan approval form online. Your information is safe and secure with us. Be rest assured.


Completed Application Form


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!

Passport-Size Photograph


Your A-4 size clear and extant passport photograph on a white background is what we are looking for!

Identity (ID) Proof


Aadhaar Card, PAN Card is mandatory to be with you!

Address Proof


Any one of the following will reassert your residence proof: Voter ID, Driving License, Passport, Postpaid/Landline Bill, Utility Bill (Electricity/Water/Gas).

Income Proof


Last 3 months bank statement (must be a salaried account) and last three months salary slips requisites.

"Beware of fraud! Always use our secure Repayment Website Link for loan payments. Do not make direct bank payments. Bharat Loan is not responsible for payments made to other accounts."