Avail Finance App Download || Credit Loan App

3.8.5

With Avail Finance - Credit ATM, you can access money on credit anytime anywhere in the form of cash in your account or by scanning QR to pay any vendor.
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4.3/5 Votes: 132,280
Version
3.8.5
Updated
October 7, 2021
Requirements
5.0 and up
Size
49M

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Description

Download Avail Finance App latest version. Through this post you can download Avail Finance App for your android phone. In this app, about Avail Finance App has been told. There is a lot more information in it. With Avail Finance App – Credit ATM, you can access money on credit anytime anywhere in the form of cash in your account or by scanning QR to pay any vendor.

Now you can get a small-ticket personal loan for your urgent cash requirement. The requested loan amount is available on the go and can directly be transferred to your bank account. It is simple to use and has a user-friendly interface that makes it easy for customers to apply for a loan. It also reduces the amount of time and paperwork required in the loan approval process.

Avail Finance partners with NBFCs, licensed by the RBI and is totally safe.

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Avail Finance App Products/Services

CreditATM –

We offer you a credit option like credit cards in a quick and easy way through a Credit ATM. With instant credit line access, be free from any financial stress. Get lifetime credit with a one-time application on the Avail Finance App. The credit line is up to ₹5000 (upgraded on repayments) with just ₹200 activation fee (once a year).

Use the online credit line app to:

● Withdraw cash into your account with 0% interest
● Scan QR code and pay at any shop
● Pay bills at the end of the month
● Monthly usage charge of only ₹75
● Single repayment date
● Grace Period – 14 days

Avail Finance App Personal Loan –

Personal loans service is available to seasoned and active CreditATM users. Instant personal loans are available for a tenure of 90 to 270 days at a low interest rate of 1.25% to 3% per month.

Both salaried & self-employed individuals in India can apply for an instant personal loan in minutes using the Avail Finance app.

So what are you waiting for? Download the Avail Finance instant loan app now.

Bill Payments –

Existing users can pay utility bills using UPI, no signup or separate app required. Pay for electricity bills, water bill, DTH, Cable, LPG booking, FastTag, Mobile phone postpaid bills.

Key Features

● Bill payments
● Instant credit line
● One time documentation
● Small-ticket personal loans (पर्सनल लोन)
● Amounts between ₹1000 – ₹40,000
● Low-interest rates
● Direct money transfer
● No physical verifications or visits
● Easy access & application for your convenience
● Flexible repayment schedule
● 100% digital with minimum documentation
● Improve credit score with every repayment

Eligibility Criteria to Apply for Loan

● Indian citizen
● Between the age of 18-60 years

Avail Finance App 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 interest rate = 1.25% to 3%
● Processing fees = ₹0 to ₹1500
● Minimum period for repayment = 3 months
● Maximum period for repayment = 9 months
● Maximum Annual Percentage Rate (APR) = 42%

NBFC Declaration

Avail Finance acts as a business 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 privacy is a top priority at Avail Finance. We don’t share your data with any third party without your consent and all the transactions are secured via 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.

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