Kosh Instant Loan App Loan review 2024:
Kosh Instant Loan App Review : kosh is a digital group loan app designed by Adhikosh Financial advisory Pvt Ltd (a delhi-headquartered Din tech company). We work with RBI registered NBFCs to provide group loans of upto Rs. 2 Lakhs at affordable interest rates as directe cash transfer. Kosh has partnered with NBFCs, licensed by the reserve Bank of India (RBI) and is totally secure.repay your loans conveniently through flexible EMI option and improve your CIBIL score.check your statement of accounts.
Table of Contents
KOSH LOAN APP KEY FEATURES
- loan amount :Rs 20,000 to Rs 2,00,000
- minimum annual percentage Rate (APR): 18%
- maximum APR: 33% (reducing balance)
- minimum repayment period: 6 months
- maximum repayment period:12months
- processing Fees: 2% (max ru.2000 incl GST)
- prepayment Fees: Nil
Kosh App Charges Representation
- Amount borrowed (principal) =ru.20000/-
- interest rate (APR)=18%-33%
- tenure =10 months
- processing Fee= ru.400
- Amount disbursed =19,600
- your EMI amount =2315 (sample monthly payment based on PMT method)
- interest amount=2315×10-20000=3150(sample interest calculation)
- total cost of loan (including all applications fees ) =processing fee+ interest amount+principal=400+3150+20000=23550
Features OF KOSH LOAN APP
- upto Rs 2 , 00,000 limit
- instant money transfer to bank account
- 100% paperless process
- minimal documentation
- flexible loan and EMI amount option
- instant eligibility check
ELIGIBILITY quteria
- applicant must be a indian citizen
- age below 65 years
- age above 20 years
DOCUMENT REQUIRMENT
- pan number for cibil score check
- Aadhaar number for address verification
- salary slip / Employment for income verification
HOW TO Apply KOSH LOAN APP
- install kosh loan app
- register using your mobile number
- add your group members for group loan
- Fill your basic details to check your loan eligibility
- choose the loan and EMI amount of your choice
- complete the KYC with selfie and Aadhaar
- Enter bank details for money transfer
- loan approved and disbursed
Customer Care number of kosh loan app
Reach us at public@getkosh.com for any of your queries.or call at 8826790791
our office address is:
adhikosh financial advisory PVT. LTD.
plot 114, sector 44, gurgaon,
haryana 122003
