Simpl Loan Review
Interest rate:
20-30% per year
Billing cycle:
15th of the month
Instant processing time
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PROS
- One-step checkout process - No cost EMI for 3 months - Early repayment available
CONS
- No NBFC license - Unreasonable penalty charges
Fees and charges
Processing fee:
N/A
Insurance fee:
N/A
Preclosure fee:
N/A
Who Should Use the Simpl Loan App?
1. If you want a 100% online loan experience.
2. If you want 3-month no-cost EMI plans
3. If you want a budgeting tool for all your expenses
Eligibility Criteria for Simpl Loan
Age: 18+
Should be an Indian resident
Address Proof ID Proof PAN Card Photograph
Get the Simpl Loan Now
Instant loan processing
3-month no-cost EMI plans
App-based tracking
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