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Reliance Loans offers instant loan options of up to 75 Lakhs for individuals and small businesses. The loan is designed to provide quick and convenient access to funds for a variety of financial needs, including personal expenses, business expansion, and home purchases.
Our Features :
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Amount Tenure, Fees, and Other Charges: Loan Amount: ₹5,00,000/- to ₹75,00,000/- ; Minimum Annual Percentage Rate (APR): 6.5%, Maximum APR: 12.5%; Minimum repayment period: 6 months; Maximum repayment period: 120 months with Minimum Processing Fees If customers opt for a Value-Added Service, the fee for the same shall be levied additionally.
Representative Example: For ₹5,00,000 borrowed for 12 months, with annual interest rate (APR) of 19%*, a user would pay : Zero Processing Fees. Interest = ₹4750 ; Monthly EMI= ₹2479 ; Total Amount Repaid after a year = ₹29750
The annual interest rates and zero processing fees.
The maximum Annual Interest Rate can go up to 41% (However, only a fraction of our customers get an interest rate higher than 30% per annum).
* T&C apply
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Parinee Crescenzo, The, 8th floor, opp. MCA, G Block BKC, Bandra Kurla Complex, Bandra East, Mumbai, Maharashtra 400051