15 Jul, 2024 By ravita pal Personal loan app in India, 300 Cibil Score loan App, Bad cibil score loan apps, Business loan app, आधार कार्ड लोन ऐप 0 Comments

PRIVO : INSTANT CREDIT LINE APP REVIEW 2024

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Privo is an instant credit line app in India powered by kisetsu Saison finance (india) Pvt Ltd or credit Saison india (CS india) , one of the leading new-lending conglomerates in India. Adhering to the RBI’S fair practice code privo is to ensuring transperansy while lending loans to customers digitally .

Privo loan app
privo loan app

Instant credit line app that you can repay and reuse anytime you need. Get up to 5 lakhs credit limite starting just 9.99% interest rate in just simple steps with privo.

BENIFITS OF USING PRIVO: INSTANT CREDIT LINE

  • pay interest only on the amount you use open a credit line up to 5 lakhs at privo and pay interest only on the amount you withdraw.
  • lower interest rate compared to credit cards: interest rate starts as low as 9.99% per annum
  • get an Instant loan amount : borrow any sum of money (from 20,000) from your approved your credit limit (up to 5 lakhs) for 3 month to 60 months
  • No hidden fees or line set up fees : privo does not charge any hidden fee for opening a credit line or withdrawing money
  • EMI repayment options: you can select EMI option to repay the borrowed amount
  • no document upload, 100% paperless loan : privo provides a fully digital and paperless loan experience and you do not need to upload any documents to get the loan, ensuring quick approvals
  • safe and secure process: get instant credit line with this safe app designed using advanced encrypted technologies

IN SHORTS , PRIVO OFFERS THE BELOW FEATURES TO IT’S CUSTOMER

  • loans range from 20,000 to 500,000
  • tenure: min. 3 months | max. 60 months
  • interest rate: min. 9.99% p.a. | max. 39.99% p.a.
  • processing fee – min. 1% | max. 3%

BELOW IS AN EXAMPLE OF HOW PRIVO THE CREDIT LINE APP HELPS YOU ACCESS FUNDS EASIER

EXAMPLE:

  • principal amount : 100,000
  • tenure: 12 months
  • interest rate: 14 p.a.%
  • EMI : 8,979
  • interest payable : 8,979
  • processing fees : ( @ 1% + GST): 1,180
  • total cost of loan: 107,748
  • total amount disbursed : 98,628
  • BPI : 192
  • APR : 16.65%

ADITIONAL CHARGES

  • overdue interest rate : 36% p.a.
  • Full prepayment charges : 5% of outstanding amount + taxes part prepayment charges: 5% outstanding amount + taxes
  • swep charges (cheque/NACH): 250/- + taxes dishonour charges: 450/-

Eligibility criteria for opening an instant credit line at privo

should be between 21 to 57 year age. Must have a monthly income of 18,000 or above. A minimal civil score of 700. Must have a android phone

DOCUMENT REQUIRED PRIVO LOAN APP

we do not ask for any documents to upload. All you need to do is enter the below information:

  • pan number original document
  • aadhar number original document not fake
  • selfie

CONTACTS US

call our customer care number : 18001038961

address: kisetsu Saison finance (India) private limited, having it’s registered office at IndiQube Lexington tower, first floor, tavarekere, s.g. palya, Bengaluru, Karnataka 560029