Avail Finance: Credit Loan App

With Avail Finance - Credit ATM, you can access cash on credit anytime wherever in the type of money in your account or by scanning QR to pay any vendor.

Now you will get a small-ticket private mortgage on your pressing cash requirement. The requested loan amount is out there on the go and may directly be transferred to your bank account.

It is easy to make use of and has a user-friendly interface that makes it easy for patrons to use for a mortgage. It also reduces the period of time and paperwork required within the loan approval course of.

Avail Finance companions with NBFCs, licensed by the RBI and is completely protected.

Products/Services

CreditATM -

We give you a credit option like bank cards in a fast and straightforward way through a Credit ATM. With immediate credit score line access, be free from any monetary stress. Get lifetime credit score with a one-time utility on the Avail Finance App. The credit score line is as much as ₹5000 (upgraded on repayments) with simply ₹200 activation payment (once a year).

Use the web credit line app to:

● Withdraw money into your account with 0% interest

● Scan QR code and pay at any shop

● Pay payments on the end of the month

● Monthly utilization cost of solely ₹75

● Single compensation date

● Grace Period - 14 days

Personal Loan -

Personal loans service is available to seasoned and energetic CreditATM customers. Instant private loans are available for a tenure of 90 to 270 days at a low interest rate of 1.25% to 3% per 30 days.

Both salaried self-employed people in India can apply for an immediate private mortgage in minutes utilizing the Avail Finance app.

So what are you ready for? Download the Avail Finance immediate loan app now.

Bill Payments -

Existing customers will pay utility bills using UPI, no signup or separate app required. Pay for electrical energy bills, water bill, DTH, Cable, LPG booking, FastTag, Mobile phone postpaid bills.

Key Features

● Bill payments

● Instant credit line

● One time documentation

● Small-ticket private loans (पर्सनल लोन)

● Amounts between ₹1000 - ₹40,000

● Low-interest rates

● Direct cash transfer

● No physical verifications or visits

● Easy access utility for your convenience

● Flexible reimbursement schedule

● 100% digital with minimal documentation

● Improve credit rating with every repayment

Eligibility Criteria to Apply for Loan

● Indian citizen

● Between the age of 18-60 years

Documents Required

● KYC documents

● Salary bank account details

● Bank account statements

An Example of an Avail Finance Personal Loan

Loan Amount (Principal): ₹16,062/-

Interest Rate: 2.25% monthly Simple Interest

Tenure: 9 Months

EMI Amount: ₹2,146/-

Total Interest Payable: ₹2,146 x 9 - ₹16,062 Principal = ₹3,252/-

Processing Fees (incl. GST): ₹900 (Processing fee @5.6%) ₹162 (GST) = ₹1062/-

Disbursed Amount: ₹16,062 - ₹1,062 = ₹15,000/-

Total Amount Payable: ₹2,146 x 9 months = ₹19,314/-

Total Cost of the Loan = Interest Amount Processing Fees = ₹3,252 ₹1,062 = ₹4,314/-

APR = 35.8%

Interest, Tenures Specifications

● Monthly rate of interest = 1.25% to 3%

● Processing fees = ₹0 to ₹1500

● Minimum interval for reimbursement = 3 months

● Maximum period for compensation = 9 months

● Maximum Annual Percentage Rate (APR) = 42%

NBFC Declaration

Avail Finance acts as a enterprise agent/service provider for the NBFCs licensed by RBI. The NBFCs which use our service are Vivriti Capital Private Limited, Aadhar India Finvest Limited, NDX P2P Private Limited (Liqui loans), and Kudos Finance and Investments Private Limited.

Data Security

Data security and privateness is a top precedence at Avail Finance. We don't share your data with any third get together without your consent and all of the transactions are secured through 128-bit SSL encryption.

Contact Us

Email us at: [email protected]

Office address: Goddard Technical Solutions Private Ltd, Auro Center, No.13/63, Koramangala Industrial Layout, Bengaluru- 560095.