Timely Loan APK

Download Timely Loan APK voor Android 2024

App door:
Quent Matta
Versie:
1.0.3 voor Android
Bijgewerkt op:
okt 31, 2022
Grootte:
15 MB
Vereist Android:
Android 5.0+
Download
Table of Contents (Show)

The Timely Loan platform in India takes care of urgently needed personal finances.

All that is needed for the complete online process is a mobile device.

Features:

  • Loan amount: between Rs. 2,500 and Rs. 30,000
  • Term of Loan: 120 to 180 days
  • 18% to 32% yearly percentage rate
  • The processing cost ranges from 8% to 18% of the loan balance.
  • Late fees total 0.5% of the loan amount each day (This fee will only be charged for overdue)

an example of a loan

  • If you receive one of the loans listed
  • The borrowed sum was 10,000.
  • Loan term: 150 days
  • APR: 20%
  • 2,000 rupees (20% of the loan amount) would be deducted from the payout as the processing fee.
  • 15% x 150/365 * 10,000 = Rs 822 is the interest rate.
  • The total amount due is Rs 10822.