UrbanMoney Loan App Review 2024
Best online loan app instant loan app for students, instant loan for Salaried, loan up to 50,000 RBI registered NBFC The core functionality of the app is to provide loans to it’s users
UrbanMoney is the best student loan app and Salaried loan app get instant loan for college students and instant loan for Salaried employees avail personal loan instantly ranging from Rs 500 to Rs. 50,000 just open this online loan app and consider this as a borrowing option whenever you are short of pocket money or you want to avail urgent cash loan in any emergency or even to settle your travel plans and much more get everything settled with the best instant loan app
- Loan amount : rs. 500 to rs. 50,000
- Interest rates : from 2% to 9% per month
- Tenure : 61 days to 120 days
Key Features
- Instant personal loan up to : rs. 50,000
- Cash transfer to bank/Paytm account Cash Loan within a minute
- Flexible repayment options, repay in 4 months
- Rewarded for timely repayments
- NIL processing fees with maximum APR of 108% interest rates range between 1% to 9% per month maximum tenure is 120 days
For example for a student or salaried personal loan of –
- Loan amount – rs. 2000
- Tenure – 3 months
- Interest rate – 5% per month
- Processing fees – rs. 0
- GST on processing fee – rs. 0
- Total interest – rs. 300
- APR : 60%
Loan is rs. 2000 disbursed amount is rs 2000 total loan repayment amount is rs 2300
Also we are governed by RBI & we have our own NBFC licence in the name of hytone marchants pvt Ltd (RBI issued NBFC licence number – 05.02294) we are legally compliant and well regulated.
All loans on the UrbanMoney app are disbursed by a reserve Bank of India registered non banking finance company Hytone marchants pvt ltd (RBI issued NBFC licence number – 05.02294)
Eligibility Criteria
- Students – yes, UrbanMoney provides loans for college students
- Salaried professionals – get a personal loan at a take home salary of rs 9,000 and above
Any students and salaried person, pan India eligible for an instant loan through our app to avail a quick personal loan a student must be above 18 years of age & should have a valid college ID card as a quick cash personal app for Salaried people UrbanMoney offers a reliable and safe payment system without compromising their information
Documents Required
UrbanMoney has a very smooth and fast verification process and is considered to be one of the best online loan app in India to avail instant personal loan submit documents –
- College ID card for students
- Last 3 months bank statements salary slip/ joining letter for Salaried professionals
- Aadhar card, driving licence, voter ID card etc.
- Pan card
- KYC details
For help you can email us at support@UrbanMoney.com
For help you call us at + 913368270407
Do visit our website to contact us for any queries at www.urbanmoney.co./