Introducing Chinmay: Your Ultimate Personal Loan Solution Looking for a hassle-free way to secure a quick personal loan of upto ₹2 lacs? If you are a professional individual with stable income then look no further. Chinmay is one of the best loan apps revolutionizing the lending experience. If you need a personal loan online for unforeseen expenses, a dream vacation, home improvements, or any other personal endeavour, Chinmay has got you covered with its quick, secure, and seamless online loan application process. Chinmay, one of the leading partner NBFC (Chinmay Finlease Limited - Registration #: A.01.00558) instant personal loan providers to being your trusted financial buddy. Our app ensures the highest level of security and compliance. Benefits that make Chinmay one of the best online personal loan apps in India: ✔️ Instant Loan Approval: Need funds urgently? Chinmay's instant loan approval, ensures you receive the financial support you need within minutes ✔️ Flexible Loan Option: If you are looking for a personal loan online, Chinmay is the ideal solution for you to provide cash loans up to ₹ 2,00,000/- ✔️ Easy Application Process: Applying for a personal loan with Chinmay’s intuitive online loan application process enables you to apply online with minimal effort ✔️ Trusted and Reliable: Chinmay is a name you can trust. As an RBI-registered online loan app, we adhere to the highest standards of integrity and security ✔️ Flexible Repayment Plans: Everyone's financial situation is unique. That's why Chinmay offers flexible repayment plans that suit your individual needs ✔️ Lowest Interest Rates: At Chinmay, we offer some of the most competitive interest rates in the market. Features of Chinmay: • Loan Amount: ₹10,000 - ₹2 lacs • Quick Turn-around time: Under 5 minutes • Repayment Tenure: 91 Days to 180 Days • 100% Paperless loan application • No guarantors or collateral • No Subscription or upfront Fees Associated Fees: • Interest Rates: 28 to 36.5% per annum • Processing & Other Applicable fees: Starts from 6.5% of the loan amount (This may vary based on your risk profile) • Documentation charges of 1% • ₹200 for online convenience fees • Bounce charges: ₹500 + GST as applicable • Minimum APR - 26% Maximum APR - 60% • Please note that GST charges will be added to the process fees, document charges, online convenience fees. Eligibility Criteria: -Working Professionals with Stable income -Above 21 years - Minimum take home income of 20,000 Per Month -Aadhaar & PAN Card Verification -Bank Account where income gets deposited monthly -All borrowing should be in good standing Illustrative Calculation: - • Loan amount: ₹30,000 with a 28% annual interest rate • Per day interest rate is 0.076% • Loan Duration: 180 Days • Total interest on the personal loan: ₹4,104 • Processing fees (6.5% of the loan amount) + Documentation charges (1% of the loan amount) + Online convenience = ₹2,450 • Total Deductions (Processing fees + Documentation charges + Online convenience + GST): ₹2,891 • Net Disbursed Amount: Loan Amount - Total Deductions = ₹27,109 • Total Repayable Amount (Loan Amount + Interest): ₹34,104 • PF +DC + GST are deducted upfront during the loan disbursal. *This is an indicative calculation, interest and other charges vary based on the profile For any queries contact us on [email protected] or call us at 7600012589 Official Address: 3rd & 4th Floor, House 14, Times Corporate Park, Thaltej, Ahmedabad, 380059