Kamakshi Money Loan

Get an instant loan of up to ₹2 Lakhs from the Kamakshi Money app in 2 minutes to meet all your financial needs. Kamakshi Money Loan App provides quick cash for emergencies and personal purposes at an affordable interest rate starting from 18% p.a. and a processing fee of 2% to 10% of the loan amount + 18% GST. The borrowed amount can be repaid conveniently in EMIs in a tenure of up to 3 months.

  • Details
  • Features & Benefits
  • Interest Rates & Charges
  • Compare with Other Providers
  • Eligibility Criteria
  • Documents Required
  • Customer Care Details

Kamakshi Money Loan Details

The following are the key details of the Kamakshi Money loan:

Loan Amount₹1,000 - ₹2 Lakhs
TenureUp to 3 months
Interest Rate18% p.a. onwards
Procesing Fee2% - 10% of the loan amount + 18% GST
Age21 - 55 years
Minimum Monthly Salary
  • ₹18,000 for metro cities
  • ₹15,000 for non-metro cities

Features & Benefits of Kamakshi Money Loan

  • You can get a loan amount of ₹1,000 to ₹2 Lakhs.
  • Competitive interest rate starts from 18% p.a., calculated on the reducing principal balance interest method.
  • The processing fee is 2% - 10% of the loan amount + 18% GST.
  • The money is directly transferred to your bank account within 2 minutes.
  • Flexible repayment tenure up to 3 months.
  • 100% online process with minimal paperwork involving just PAN and Aadhaar.
  • No collateral is needed to apply for the loan.
  • You can pay off your loan early anytime without any foreclosure charges.
  • The online loan app is accessible 24/7.
  • Personal loans available for emergency, education, travel, debt consolidation, home renovation, wedding, business, gadget purchase, etc.

Kamakshi Money Loan Interest Rates & Charges

The interest rate and charges involved in getting a Kamakshi Money loan are as follows:

Interest rate18% p.a. onwards
Processing fee2% - 10% of the loan amount + 18% GST 
Stamp duty₹500
Late payment fee on bounce₹500 per bounce 
Bounced payment₹500
APRStarting from 16.75%

Compare Kamakshi Money Loan with Other Providers

Below is the comparison table for the Kamakshi Money loan with other app-based personal loans:

AppLoan AmountStarting Interest RateTenure
Kamakshi Money₹1,000 - ₹2 Lakhs1.5% p.m.Up to 3 months
PayMe₹500 - ₹5 Lakhs1.5% p.m.3 months - 2 years
FlexSalary₹500 - ₹3 Lakhs18% p.a.Up to 3 years
SmartCoin₹1,000 - ₹5 Lakhs18% p.a.2 months - 2 years
KreditBee₹1,000 - ₹5 Lakhs17% p.a.6 months - 5 years
MoneyTap₹3,000 - ₹5 Lakhs13% p.a.3 months - 3 years
Ram Fincorp₹4,000 - ₹2 Lakhs1.5% p.m.3 months - 1 year
Kundan Finance₹5,000 - ₹2 Lakhs1.5% p.m.3 months - 1 year
CASHe₹45,000 - ₹3 Lakhs2.79% p.m.9 months - 1.5 years
FatakPay₹30,000 to ₹5 Lakhs12% p.a.3 months - 3 years

Kamakshi Money Loan Eligibility Criteria

The eligibility criteria for instant loan availed through the Kamakshi Money loan app are as follows:

  • Age: 21 to 55 years.
  • Minimum in-hand monthly salary: ₹18,000 in metro cities and ₹15,000 in non-metros.
  • Nationality: The applicant should be a resident of India.

Documents Required for Kamakshi Money Loan

To apply for the personal loan through the Kamakshi Mony Loan app, you will need just these documents:

  • PAN Card
  • Aadhaar Card

Kamakshi Money Loan Customer Care Details

You can contact the Kamakshi Money loan customer care team through any of the following ways:

  • Call: +91 95991-97388
  • Email: info@kamakshimoney.com
  • Address: 3rd Floor, 8/17, West Extension Area, Karol Bagh, New Delhi - 110005, India

FAQs

The interest rate charged on Kamakshi Money Loan starts from 18% p.a.

You can get ₹1,000 to ₹2 Lakhs as a loan amount through the Kamakshi Money Loan app.

Yes, Kamakshi Money Loan offer instant loan disbursement directly into your bank account within 2 minutes.

You can contact the Kamakshi Money loan customer care through any of the following ways:

  • Call: +91 95991-97388
  • Email: info@kamakshimoney.com

No, Kamakshi Money loan does not involve any hidden charges.

Yes, a credit score in the range of 600 to 700 may be considered for Kamakshi Money Loan, though higher scores can lead to better loan terms.