Lend mall app download For Android Google Play store Review 2021- Once you have downloaded the app to your smartphone, you will find that signing up is seamless and requires no paperwork. Well designed to enable ease of navigation through the app, get your task done in the shortest possible time.
Loan amount: Rs 1,500 to Rs 60,000;
Loan term: 91 to 120 days;
Interest rate: 0.07% per day (25.55% per annum);
Processing Fee: Rs 91 to Rs 2,000 for a one-time fee, depending on the loan amount and application details;
GST: 18% of the processing fee as per policy and laws of India;
APR: Up to 74.2% (annual percentage rate inclusive of interest, processing fees and GST);
For a 91-day loan of ₹10,000 for 3 months with an interest rate of 25.55% p.a.,
Interest = ₹10,000 * 25.55% / 365 * 91 = ₹637;
Processing fee = ₹620;
GST = ₹620 * 18% = ₹111.6;
Total amount to be paid = Loan amount + Interest + Processing fee + GST = ₹10,000 + ₹637 + ₹620 + ₹111.6 = ₹11,368.6;
APR = (₹11,368.6 – ₹10,000) / ₹10,000/91 * 365 = 54.89%;
The easy way to get a loan is through Lend Mall, it has low-interest loans with timely repayment at your convenience. Get instant and fast cash directly on your mobile phone. You can get a long term loan from anywhere, anytime, whenever you need it.
get started eligibility
1. Indian Resident
2. 18-56 years
3. Source of Monthly Income
get your loan
* Create your account
* Apply your loan in seconds
* Receive your loan directly in your mobile money or bank account
* Build your loan limit every time you repay your loan on time
• No credit history required
• Paperless and digital process on your mobile
• Get 7/24 loans anytime and anywhere
* No paperwork, collateral or office visits required
* Use your money the way you want to – for home or business
* Get access to larger loans, lower fees and flexible payment terms during repayment
* Loans are approved and, in your account, fast
How to lend mall app download?
To download the Lend Mall loan App on your android mobile you need to follow the given steps.
- First of all, You need to Go to the google play store.
- And search the “ Lend Mall App” in the search box.
- Then Tap on the install button to install it.