> Fast processing
> Better user experience
High loan amount: apply online, up to rs 2,00,000
Low-interest rates: The maximum Annual Percentage Rate (APR) is 24%
App Processing charge: Flat INR Rs. 399 (Maximum)+ Taxes Applicable @ 18 % GST
Loan term: 120 days – 720 days
For example: If the loan amount is ₹2000 and the interest rate is 30% per annum with the tenure of 180 days, after deducting the processing fee, the interest payable is as follows :
Interest = ₹2000 * 30% / 365 * 180 = ₹ 296
App Processing Fees = Up to Rs 399
You will get ₹2000 and should repay maximum of ₹ 2695, If the loan is processed
What Is a Loan?
The term loan refers to a type of credit vehicle in which a sum of money is lent to another party in exchange for future repayment of the value or principal amount. In many cases, the lender also adds interest and/or finance charges to the principal value which the borrower must repay in addition to the principal balance. Loans may be for a specific, one-time amount, or they may be available as an open-ended line of credit up to a specified limit. Loans come in many different forms including secured, unsecured, commercial etc.
You can use the loan for different purposes.
> for Marriage Expenses
> for Car and Two-Wheeler
> for Education
> Medical Emergencies
> for Consumer Durables
> for Credit Card Bills
> for Home Renovation
> for Travel
Highlights:
1. Low Interest Rate check
2. Maximum Annual Interest Rate checks
3. Flexible Loan Repayment Term checks
4. Processing Time: Low loan threshold, same day audit and eligibility check process - 100% online application!
Who can check eligibility:
1. Indian Resident
2. 18-60 years old
Follow these steps to check your eligibility:
*Install the quicklo app
*Register and check your eligibility instantly.
*Provide KYC documentation like identity proof (Aadhar/PAN/VoterID), address proof (Aadhar/Utility bills/Rental Agreement) to reconfirm your identity.
*Based on your profile we will give an idea about your possible eligibility & we will connect you to the best players from the market subject to an app consulting charges paid by you consent.
* You can continue any of the option for the final processing & we do not any access beyond this point.
Disclaimer: We are not & we do not represent any bank/NBFC/financial institute/lender. We act as consultant in many fields including loans, automobiles; infrastructure, information technology etc and our services are not free. We will connect you with best the possible options available.
Security:
All the transactions are secured via SSL encryption. Your personal information will never be shared without your direct and explicit permission.
