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.
Kamakshi Money Loan Details
The following are the key details of the Kamakshi Money loan:
Loan Amount | ₹1,000 - ₹2 Lakhs |
Tenure | Up to 3 months |
Interest Rate | 18% p.a. onwards |
Procesing Fee | 2% - 10% of the loan amount + 18% GST |
Age | 21 - 55 years |
Minimum Monthly Salary |
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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 rate | 18% p.a. onwards |
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Processing fee | 2% - 10% of the loan amount + 18% GST |
Stamp duty | ₹500 |
Late payment fee on bounce | ₹500 per bounce |
Bounced payment | ₹500 |
APR | Starting 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:
App | Loan Amount | Starting Interest Rate | Tenure |
---|---|---|---|
Kamakshi Money | ₹1,000 - ₹2 Lakhs | 1.5% p.m. | Up to 3 months |
PayMe | ₹500 - ₹5 Lakhs | 1.5% p.m. | 3 months - 2 years |
FlexSalary | ₹500 - ₹3 Lakhs | 18% p.a. | Up to 3 years |
SmartCoin | ₹1,000 - ₹5 Lakhs | 18% p.a. | 2 months - 2 years |
KreditBee | ₹1,000 - ₹5 Lakhs | 17% p.a. | 6 months - 5 years |
MoneyTap | ₹3,000 - ₹5 Lakhs | 13% p.a. | 3 months - 3 years |
Ram Fincorp | ₹4,000 - ₹2 Lakhs | 1.5% p.m. | 3 months - 1 year |
Kundan Finance | ₹5,000 - ₹2 Lakhs | 1.5% p.m. | 3 months - 1 year |
CASHe | ₹45,000 - ₹3 Lakhs | 2.79% p.m. | 9 months - 1.5 years |
FatakPay | ₹30,000 to ₹5 Lakhs | 12% 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.