Loan112 Instant Personal Loan
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App Description
Instant personal loans with fast approval, flexible terms, and digital process.
Loan112 – Instant Personal Loan App
Powered by: DEVMUNI LEASING & FINANCE LIMITED
Registered with the Reserve Bank of India (RBI)
Loan112 is your reliable and secure personal loan solution designed to support your financial needs quickly and transparently. Whether you need funds for medical emergencies, education, or personal expenses, we provide an easy-to-use digital platform to apply for personal loans.
Key Features:
Instant Personal Loans
100% Paperless Process
Digital KYC & e-Sign with Aadhaar
Flexible Tenure & Repayment Options
No Physical Verification Required
Transparent Charges & Terms
RBI-Registered NBFC Partner
Dedicated Customer Support
Loan Eligibility and Terms:
Loan Amount: ₹5,000 to ₹1,00,000
Repayment Tenure: 2 to 12 Months
Annual Percentage Rate (APR): Fixed at 35%
Processing Fee: 2% of the loan amount + 18% GST
Minimum Age: 21 years
Eligibility: Indian resident with valid Aadhaar & PAN
Representative Example(Loan Calculation):
Loan Amount: ₹50,000
APR: 35%
Tenure: 12 Months
Processing Fee: ₹1,000
GST on Processing Fee: ₹180
Amount Disbursed: ₹48,820
Monthly EMI: ₹4,998
Total Repayment: ₹59,978
Total Interest Payable: ₹9,978
How It Works:
Install the Loan112 application.
Register with your mobile number.
Submit KYC documents and apply for a loan.
The loan gets approved within a few hours
You can get the approved loan amount directly into your bank account.
About Us:
DEVMUNI LEASING & FINANCE LIMITED is a Non-Banking Financial Company (NBFC) registered with the Reserve Bank of India. All loans on Loan112 are sanctioned by this licensed NBFC or its registered digital lending partners.
Your data is protected and will only be used to process your loan application in compliance with privacy laws.
Support & Contact:
Customer Care: +91-8745015338
Email: care@loan112.com
Website: www.loan112.com
