Chinmay is one of the best loan apps revolutionizing the lending experience if you need a personal loan online for unforeseen expenses, a dream vocation, home improvements, or any other personal endeavour, Chinmay has got you covered with it’s quick, secure, and seamless online loan application process.

Chinmay, one of the lending 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

Benifits that make Chinmay one of the best online personal loan apps in india :

• Instant loan approval : need Funds urgently? Chinmay instant loan approval, ensures you receive the financial support you need within minutes
• Flexible loan options : 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 – arround time : under 5 minutes
• Repayment tenure : 91 days to 180 days
• 100% paperless loan application
• No guarantors or collateral
• No subscription or upfront fees

Assosiated 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 not that GST charges will be added to the process fees, documents charges, online convenience fees.

Eligibility criteria :

• Working professional with stable income
• Above 21 years
• Minimum take home income of 20,000 per month
• Aadhar and 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
• Personal 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 deduction (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 disbursals

This is an indicative calculation, interest and other charges vary based on the profile

For any queries contact us on

support@chinmayfinlease.com or call us at 7600012589

Official Address : 3rd and 4th floor, house 14, time corporate park, thaltej