With a Micro loan from Lendbox, you can take care of your short credit needs instantly with an instant cash loan. From buying a new smartphone to paying your credit card bills, an instant Micro loan can help you maintain a healthy financial status with quick cash.
Loan details:
Loan Amount Range: 2,000 - 15,000
Minimum loan tenure: 91 days
Maximum loan tenure:180 Days
Maximum Annual Percentage Rate (APR): 35%
Example loan calculation
Loan amount: ₹ 10,000 at interest rate of 25% APR (annual percentage rate).
Loan Duration: 3 Months
Total Interest = ₹ 934
Processing fees (PF) + GST = ₹ 500 + Rs 180 = ₹ 680
Total repayable Amount: ₹ 16614
Monthly EMI Repayable: ₹ 10,000
The deductibles (interest + PF + GST) are deducted upfront during the loan disbursal.
✦ Quick Approval
✦ Same day disbursement
✦ 100% Online, Paperless KYC & Verification
✦ Loan amount 5,000 - 25,000
✦ No collateral required
✦ PAN, Bank Statement and Salary Slips are the only documents required.
Who can apply for micro loans?
✔️ Salaried Employees with monthly income above 13,000 (Cash salary is not eligible)
✔️ A credit history without default, people new to credit can apply as well.
✔️ Basic KYC Documents
✔️ Address Proof
✔️ Income Proof
Lendbox Micro loan is available in all tier 1 cities in India, so download this app, enter your details, upload some basic documents and get your amount within 24 hours. Apply now!
For any query or support, call +91-7291027919 or drop an email at support@lendbox.in
(*Loan approval is at the sole discretion of Lendbox and associated partners)
Lendbox, Empowerers Coworking City, Saira Tower, Gulmohar Commercial Complex, Yusuf Sarai, Green Park Metro Exit 2, New Delhi, Delhi 110049
India