LoanCube

LoanCube is an online loan platform that provides all kinds of well-selected loan products, aiming at meeting different people's needs. We provide our customers with the safe and diverse loan products as well as related services. It's a professional loan market who services in a variety of online loan products. You just need to download LoanCube then you can apply for various loan products.

Products Info:

Minimum and maximum period for repayment: 91 days (shortest, including renewal)-730 days (longest, including renewal)

Maximum Annual Percentage Rate (APR): 35%

The maximum loan amount is ₹3 Lakhs and the Minimum loan amount is 2000

Average interest rate ranging: 1.35% to 2.9% /month (depending on product availed)

Transaction fee: 0

Processing Fee: 2% to 3.3%

【Representative Example】

If the loan amount is ₹50,000 for 91 days, including all applicable fees, total sum cost of the Loan is 4740(3740+1000) rupees.

The following is a specific example:

If the loan amount is ₹50,000 , the interest rate is 30% per annum and the processing fee is 2%.The tenure is 91 days and the loan is to be repaid over 3 EMIs. Applicable fees is sum of interest and processing fee.

The interest payable is as follows : Interest = ₹ 50,000 * 30% / 365 * 91 = ₹ 3740.

The processing fee is as follows : ₹ 50,000 *2%= ₹1000

So, including all applicable fees, total sum cost of the Loan is 4740(3740+1000) rupees.

And your EMI per month would be (₹50,000+3740+1000)/3= ₹18247

Eligibility

Indian Resident

20-56 years old.

Source of a monthly income.

How it works？

1. Install the APP from Google Play.

2. Choose and click the loan product in the APP.

3. Fill out your information then submit the application.

4. View and confirm the Loan Agreement

5. Waiting for the result.

Privacy and Permissions

Your privacy is very important to us. Your personal information will never be shared without your direct and explicit permission

Contact Us

Mail: info@loancube.co.in

Working hours: 10 a.m. - 19 p.m. (Monday to Friday)

Address: 807, Hrbgdia Building, Pnmgnder Road, Thane West -400607, Maharashtra, India