NIRA Instant Personal Loan App

Safe Loan App for Instant Personal Loan upto 1Lakh for 91 days to 24m at 2-3% pm

Need cash? NIRA offers quick, low-interest personal loans! Unlock easy access to low-interest loan from Loan app

Key Features of the NIRA Loan App:
🌟 Instant Loan Amount: Borrow money swiftly, ranging from small online loans at Rs 5,000 to a maximum of Rs 1,50,000.
🌟 Processing Fees: Maximum of (Rs 350 + GST) or 2%-7% of the loan amount plus GST.
🌟 Flexible Repayment: Repay cash loan through the EMI loan app over 3 to 24 months.
🌟 Competitive APR: Enjoy competitive Annual Percentage Rates (APR) ranging from a minimum of 24% to a maximum of 36% (reducing balance). 🌟 Prepayment Flexibility: No prepayment fees within 7 days of disbursement with our online personal loan app; up to 4% prepayment fee applies after 7 days.
🌟 Late Payment Policy: No extra fees for up to 30 days of late payments with our loan repayment app; beyond 30 days, a nominal late fee of Rs. 500 may apply.

A representative example of the total cost of the loan:
✔ Amount Borrowed (Principal) = ₹14,999/- ✔ Interest Rate (APR) = 36% (on Reducing Principal Balance interest calculation)
✔ Tenure = 6 months
✔ Processing Fee (incl. GST) = ₹826
✔ Amount disbursed = ₹14,173
✔ Your EMI amount = ₹2769 (based on PMT method, sample monthly payment)
✔ Interest amount = ₹2769 x 6 - ₹14999 = ₹1614(sample interest calculation) ✔ Late Fee = ₹0 if paid on time
✔ Total Cost of Loan = Processing Fee + Interest Amount + Late Fee = ₹826 + ₹1614= ₹2440
✔ Principal repayment amount = ₹14,999/- (same as amount borrowed)
✔ Total repayment amount = Principal repayment amount + Interest Amount + Fee = ₹14,999 + ₹1614 + ₹0 = ₹16,613

Our Trusted Lending Partners:

We collaborate with respected NBFCs such as:
• Muthoot Finance Limited
• IIFL Finance Limited
• HDB Financial Services Limited
• PayU Finance India Private Limited
• Northern Arc Capital Limited
• Komac Investments & Finance Private Limited
• Trillionloans Fintech Private Limited
• Avanti Finance

Policies and Services:
As proud members of the Digital Lenders Association of India (DLAI) https://www.dlai.in/members-listing/, we adhere to the DLAI code of conduct. http://bit.ly/DLAI_C

How to Get an Instant Personal Loan from NIRA:
1. To apply for a loan online, you need to meet