Bueno Finance - Personal Loans
By Bueno Finance
Bueno Gig Growth Technologies Pvt Ltd (Bueno Finance) is a monetary providers platform which aims to help improve the monetary health of our customers. Bueno Finance acts as a bridge between clients and big Banks/NBFCs and aims in path of access of formal credit for the next billion inhabitants of India. Through the applying, a customer can apply for an immediate personal loan which additionally helps the client to construct credit history and get higher ticket loans at lower charges. You can avail this mortgage in your checking account instantly from the NBFCs registered by RBI. The NBFCs which are at present obtainable on our platform are NDX P2P Private Limited (Liquiloans) and Akara Capital Advisors Private Limited (StashFin).
In the non-public mortgage product, the shopper journey starts with immediate money personal loan, where the customer will get access to upto Rs 10,000 at 0%-2% rate of interest and no different hidden charges. We charge a small processing fee of Rs 200/-, inclusive of GST.
The mortgage is a personal loan , which the client can avail and apply for the digital mortgage. Bueno Finance is a chota loan app and immediate credit app, which can be utilized as a student loan, private loan, digital mortgage and journey loan.
A consultant example of the total price of the Bueno Finance Loan, together with all applicable charges:
* Finance Amount : Upto Rs 10,000
* Repayment Tenure : Minimum 3 months to maximum 3 months
* Rate of Interest / Annual Percentage Rate (APR) : Minimum 20% to Maximum 52%
* Processing Fees : Rs 200/- (inclusive of GST)
Minimum period of repayment: 3 months
Maximum interval of reimbursement: 3 months
Maximum Annual Percentage Rate (APR): 52%
Sample Loan Example
Amount : Rs 10,000/-
Interest Rate: 2% month-to-month simple interest
Tenure: 3 months
EMI Frequency: Monthly
Processing payment: Rs 200/-
Disbursed Amount: Rs 9,800/-
Total Interest payable: Rs 600/- (maximum curiosity is 2% per thirty days = Rs 200 * 3)
Monthly Payment: Rs 3533.33/-
Total cost in 3 months: Rs 10,600/-
Overall Cost: Rs 800/- (includes Rs 600/- as interest and Rs 200/- as processing fee)
APR: (800/10000)*(365/90) = 32.4%
Apply for a private mortgage of as much as Rs 10,000 from Bueno Finance and get immediate approval with minimal documentation. Borrow your amount without pledging any collateral and get your mortgage disbursed inside forty eight hours.
*Interest fee and processing charges varies as per your product
Please notice that non-public mortgage could be misspelt as Parsons loan and mortgage can be misspelt as lon.
Please reach out to [email protected] for any questions.