New Fast Approval Loan App | New Loan App | Lightning Rupee loan app:
The demand of instant personal loan is increasing day by day in the market and people are confused which app to chose to take instant personal loan for them so as to meet their all the financial needs. Although there are many loan applications but today i will tell you about a new loan app company or you can say loan application. The loan app name is Lightning rupee loan app. You must have heard about this loan app but if you have not then i will tell you about this loan app in details in today’s blog post. The following are the details of Lightning Rupee loan app:
Lightning Rupee loan app Review
Without any doubt this instant personal loan application can provide you an instant loan of upto ₹80,000. This application has more than 100K+ downloads. This application was launched on 26 Aug 2022. Lightning Rupee is registered under RBI approved NBFC.
What are the key features of Lightning Rupee app
Minimum Loan Rs.2000 – Upper Limit Rs.80,000
Loan Tenure 91 days – up to 240 days
It has an annual interest rate of 14% which is maximum.
No hidden fees, transparent fees
How much loan can I get with Lightning Rupee Loan App?
With the help of Lightning Rupee loan application, you can get loan from ₹2,000 to ₹80,000.
Friends, you have come to know about the personal loan given with the help of Lightning Rupee loan application, how much loan will be given to you from here. Now let us talk about what percentage of the loan will be given to you with the help of Lightning Rupee loan application.
Lightning Rupee loan app Interest Rate
One of the most important part of any instant personal loan application is the Interest rate that the loan application provides to its applicants so as to take as much loan as they want. The case is same with Lightning rupee loan app. This loan app provides loan at very good interest rate to its users.You will be shocked to know that the daily interest rate here is 0.04% and if i tell you the annual interest rate that will be about 14%.
Lightning Rupee loan example
Now i will explain you all of this with the help of an example.
For a loan of ₹20,000 with a tenor of 180 days, the charges charged are as follows:
Daily interest rate: 14%/365=0.04%
Interest to be paid per day: 20,0000.04%=₹8 Interest to be paid per month: 20,0000.04%30=₹240 Monthly payment: 20,0000.04%30+ 20,000/18030=₹3,573
Total Interest Charges: 20,0000.04%180 = ₹1,440
The total payment amount to be paid after the loan becomes due is 20,000+1,440=₹21,440
For how long a loan is available from Lightning Rupee Loan App?
With the help of Lightning Rupee loan application, you get the loan given to you for at least 91 days. You can esaily get a loan of tenure upto at least 3 months. And if you want to get maximum loan from here, then you get more time from this company, it gets around 8 months. That is, you can take a loan for 240 days.
Eligibility of Lightning Rupee loan app
There is some eligibility criteria that one must need to follow otherwise the person will not be able to apply for the loan in this loan app:
- You must be a citizen of India.
- The min age required for this loan app is 21 years.
- You must have a monthly income source.
- If users fulfill the above requirements, they can apply for a loan using our loan service.
- You will need a selfie.
- You need Aadhar card.
- You will need a PAN card.
- You will need your bank statement.
What is the feature of Lightning Rupee Loan app
Let is know some of the features of this instant personal loan app :
- Loan up to 80,000
- The loan amount is directly disbursed into the person’s bank account.
- 100% digital process
- loan app in india
- zero extra cost
- With Lightning Rupee loan application you get 100% online paperless loan.
Documents Required for Lightning rupee loan app
There are some documents that one must possess while applying for the instant personal loan in this loan application. These documents are described as below:
- The person must have Aadhar card.
- The person must have PAN Card.
- The person must have Address proof.
- Latest bank statements.
- Salary slip if required.
So let us now know, how to apply for a loan with the Lightning Rupee loan application.
Lightning Rupee Loan Apply Process
Now we are here to know the loan applying process through this loan app. The loan applying process is quite simple and easy and i will tell you in a few steps how you can apply for an instant personal loan through this loan application from your home.
To get a loan with the help of Lightning Rupee loan application, first of all you have to download this application from Google Play Store:
- After downloading you need to sign up with mobile number in Lightning Rupee loan application.
- Then you have to enter some of your information.
- And then if you are considered valid for loan from Lightning Rupee loan application then you get permission to give loan.
- Then after that you have to upload some documents in Lightning Rupee loan application.
- After the KYC process.
- Apply for the loan .
- Sign for the loan agreement.
- Now wait for the approval.
- After the approval loan amount is credited in the ban account.
Conclusion:
Friends, I hope you liked this post of ours Lightning Rupee – How to take loan online with Lightning rupee loan App?, How to apply for loan from Lightning Rupee Loan App, What is Lightning Rupee Loan App eligibility?, Lightning Rupee Loan App Documents? Do let us know how you liked this post. And also share this post of ours with your friends. Till then take care and bye.
