If you are tired of the various information provided during the loan, various review steps, or tired of being rejected or deceived again and again, please download Rocket loan to provide you with real loan services, 7/24 hours, no matter you Where in India.
Age requirement: must be above 20+ years old
Loan Amount: from ₹ 8,000 to ₹ 1 lakhs
Tenure: flexible tenure from 95 days to 365 days
Annual Percentage Rate (APR) varies from 20%-31%
Service charge: Service fee varies from 6%-15%
In addition, GST will be applicable only on the fee components as per Indian laws.
For example: If your loan amount is 8000 rupees, the Annual Percentage Rate (APR) is 20%, the Loan Duration is 120 days, and the Processing fee is 6%, The details of other expenses are as follows:
Total Insterest: ₹ 8,000*20%(APR)*120/365= ₹526.03
Processing fees(PF) + GST: ₹8,000*6%+(₹8,000*6%)*18%= ₹566.4
In-Hand Amount: Loan Amount-(PF + GST) = ₹ 8,000- ₹ 566.4 = ₹ 7,433.6
Total Repayable Amount: Loan Amount + Total Insterest = ₹ 8,000 + ₹ 526.03 = ₹ 8,526.03
Please make sure to repay online on time, which will help improve your credit score and get better quality bank loans
Using Rocket loan is very simple and only requires 3 steps: download the APP, fill in the basic information as required, and log in to the APP to confirm the loan in time after the review is passed;
We will encrypt your information at the bank level and will never disclose your information to anyone.
If you have any questions, please contact us in time:
Tel: +918384097384
E-mail:
[email protected] Whatsapp: Click on the avatar of the customer service staff on the APP to contact
Address: 151, Opp Police Station, Commercial Street,Bangalore,Karnataka,560001 India