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 2% p.m. and a processing fee of 2% of the loan amount + 18% GST. The borrowed amount can be repaid conveniently in EMIs in a tenure of up to 12 months.
Kamakshi Money Loan Details
The following are the key details of the Kamakshi Money loan:
| Loan Amount | ₹1,000 – ₹2,000,00 |
|---|---|
| Tenure | Up to 12 months |
| Interest Rate | Starting from 2% per month |
| Processing Fee | 2% of the loan amount + 18% GST |
| Eligible Age | 21 - 55 years |
Features & Benefits of Kamakshi Money Loan
- You can get a loan amount of ₹1,000 to ₹2 Lakhs.
- The money is directly transferred to your bank account within 2 minutes.
- Flexible repayment tenure up to 12 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 emergencies, 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:
| Fee / Charge Type | Details |
|---|---|
| Interest Rate | Starting from 24% p.a. |
| Processing Fee | Up to 2% of the loan amount + 18% GST |
| Late Payment Fee | ₹500 (per bounce) |
| Payment Bounce Charge | ₹500 |
| Maximum APR | Up to 35% (includes interest and applicable fees) |
Compare Kamakshi Loan App with Other Loan Apps
Below is the comparison table for the Kamakshi Money loan with other app-based personal loans:
| App | Loan Amount | Starting Interest Rate | Tenure |
|---|---|---|---|
| Kamakshi Money | ₹1,000 - ₹2 Lakhs | 2% p.m. | 2 - 12 months |
| PayMe | ₹500 - ₹5 Lakhs | 1.5% p.m. | 3 - 24 months |
| Moneyview | ₹5000 - ₹10 Lakhs | 14% p.a. | 12 - 60 months |
| SmartCoin | ₹1,000 - ₹5 Lakhs | 18% p.a. | 2 - 24 months |
| KreditBee | ₹1,000 - ₹5 Lakhs | 17% p.a. | 6 - 60 months |
| MoneyTap | ₹3,000 - ₹5 Lakhs | 13% p.a. | 3 - 36 months |
| Ram Fincorp | ₹1,000 - ₹2 Lakhs | 2% p.m. | 2 - 12 months |
| Kundan Finance | ₹5,000 - ₹2 Lakhs | 1.5% p.m. | 3 - 12 months |
| CASHe | ₹45,000 - ₹3 Lakhs | 2.79% p.m. | 9 - 18 months |
| FatakPay | ₹30,000 to ₹5 Lakhs | 12% p.a. | 3 - 36 months |
Kamakshi Money Loan Eligibility Criteria
The eligibility criteria for instant loans 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
FAQs
The interest rate charged on Kamakshi Money Loan starts from 2% p.m.
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.
Reshma Rawat is a passionate writer with a decade of experience in writing for a variety of domains (finance, technology, lifestyle, e-commerce, real estate, etc.). Currently, she is working as Assistant Manager - Content @MyMoneyMantra and writes blogs & webpages on financial products (loans, credit cards, insurance, government financial policies, mutual funds, etc.).
Director- MyMoneyMantra FinTech| A senior retail and commercial banking professional, adept at handling Business Development, Sales Planning & Growth, Product Strategy, Marketing Operations and Client advisory services phygitally.