Let's Get Started
Small Title
Small Title
Small Title
Small Title
Small Title
Why Chinmay
Choosing us means opting for a financial loan provider that reciprocates your needs and lends you accordingly.
RBI Registered NBFC
Seamless Loan Process
Instant Approvals
100% Security & Privacy
Flexible Repayment
Customer Support
Features
01.
One Time Registration
02.
No Guarantors or Collateral Required
03.
Loan Without Visiting Branch
04.
No Subscription or Upfront Fees
05.
24/7
Support
APR Disclosure &
Associated Fees
Working Professionals with Stable income
​​
-
Age - 21 to 55 years
-
Minimum take home income of 20,000 Per Month (this may varies based on your location)
-
Aadhaar & PAN Card Verification
-
Bank Account where income gets deposited monthly
-
All borrowing should be in good standing
Illustrative Calculation:
-
Interest Rates: 28 to 36.5% per annum
-
Processing & Other Applicable charge: 5% of the loan amount (This may vary based on your risk profile)
-
Documentation charges of 1%
-
₹200 for online convenience charge
-
Bounce charges: ₹500
-
Minimum APR - 26% Maximum APR - 60%
*Please note that GST charges will be added to the processing charge, document charges, online convenience charge.
​
Eligibility Criteria
​
-
Loan amount: ₹30,000 with a 28% annual interest rate.
-
Loan duration: 180 Days
-
Total interest on the personal loan: ₹4,104
-
Processing charge (5% of the loan amount) + Documentation charges (1% of the loan amount) + Online convenience charge = ₹2,000
-
Total Deductions (Processing charge + Documentation charges + Online convenience charge + GST): ₹2,360
-
Net Disbursed Amount: Loan Amount - Total Deductions = ₹27,640
-
Total Repayable Amount (Loan Amount + Interest): ₹34,104
-
Processing charge + Documentation charges + Online convenience charge 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 support@chinmayfinlease.com or call us at 7984479612