Apply for a Loan
Loan Amount
Upto 1 Lac
Immediate Approval
Easy Process
No Collateral
No Risk of Asset Loss
GENERAL TERMS AND CONDITIONS
Terms of Use
1.1 Thank you for visiting www.loanhub.com by accessing or using the website www.loanhub.com whether automated or otherwise, you, a registered or guest user in terms of the eligibility criteria set out herein (“User“), agree to be bound by these Terms and Conditions (“Terms of Use“) and any additional terms and conditions that are referenced below or otherwise may apply to specific areas of the website, from time to time. We encourage our Users to read these Terms of Use carefully while using the website.
Rates & Charges
Minimum Loan Amount
Rs. 5,000/-
Maximum Loan Amount
Rs. 200,000/-
Tenure Days
90 Days to 365 Days
Processing Fee
2% of Loan Amount
No Preclosure Fee
No pre - closure charges
ROI (Rate of interest)
@ 2% to 2.72% Monthly
APR (Annual Percentage Rate)
@ 18% to 36%
Cheque bounce charges
Rs. 1000 /-
Loan Amount |
Tenure |
Interest Rate |
Admin Fee |
APR |
Amount Deposit |
Monthly EMI |
Total Interest |
---|---|---|---|---|---|---|---|
100,000 |
12 |
32.64% PA |
2000 |
35.96% |
Rs. 98000 |
Rs. 9847 |
Rs. 18,168 |
APR can be calculated with the help of all the factors pertaining to the loan i.e., rate of interest, principal amount, applied fess and the period or the tenure for which the loan has been availed. Thereafter, it can be computed by multiplying the rate of interest by the time period and the principal amount added with all the applied fees. However, the rate of interest will vary on the credit score and the contemporary terms and conditions of the lender.
We are providing a competitive rate of interest, however, it can differ as per the credit score, income ratio, and considering the existing liabilities of the borrowers.
Documents Required & Eligibility Criteria
We don’t need any physical documents from you. Just keep a clear scanned copy of below listed documents for personal loan processing.
- Indian resident
- Salaried Employee/Business Owner/Self Employed
- Above 21 years of age
- Savings Bank Account Holder
- Fair CIBIL Score
- Completely filled personal loan application. Indian resident
- PAN Card
- Residence proof – Passport, Driving Licence, Voter ID, Postpaid/Landline Bill, Utility Bills (Electricity/Water/Gas).
- Bank statements for the last 3 months of salary account.
- Salary Slips of last 6 months.