Urgent loan up to ₹4 lakh without bank statement, get loan from your phone at home (100% secure loan)

A Bina Bank Statement Legit Loan can be an option when you need a loan without traditional bank documentation. Here we will explain various aspects of it, such as cost, interest rates, and eligibility. Bina Bank Statement Legit Loan

Cost and Interest Rates

Loan amount and tenure :

Suppose you get a loan of ₹3,30,000, which you can repay in 24 months.

Annual interest :

The interest rate will be around 34% p.a., which will come to ₹2,24,400 + GST.

Processing Fees :

Processing fees will be around ₹9,000 + GST.

Total loan amount :

You will receive loan amount of around ₹3,19,000 in your account.

EMI :

You will have to pay an EMI of ₹23,100 per month for 24 months.

Total Payment :

The total payout would be ₹5,54,400.

Interest :

The interest rates can range from 25% to 36%, depending on the flat interest rate.

Penalty :

A penalty may be levied for not repaying the loan on time.

GST :

18% GST will be applicable on all expenses.

Eligibility

Must be an Indian citizen .
It is important to have a source of monthly income .
Age should be between 21 to 59 years .
Mobile number linked to Aadhaar will be required.
There must be a savings account .
The application will require a smartphone and internet .
NACH will be required, for which internet banking or debit card will be required.