How to Take Avail Loan – Avail Finance Loan Apply Online Guide 2022

Hello friends, here we are going to tell you about Avail Finance App Loan, how to apply for Avail Loan, Avail Finance Loan Apply Online and are going to provide other complete information related to it.

Friends, we all work and fulfill our needs by earning money, but in today’s time everyone’s income is only so much that he is able to meet his daily needs only.

It is very difficult to save money by saving money from your income and to raise money for some sudden work, and everyone needs money at some point of time when he does not have money.

And in such a situation it becomes very difficult to arrange money like any illness or accident, rent or other expenses at the end of the month, travel, etc. It is very difficult to collect money for all these,

Now we need money immediately, in such a situation, we think of borrowing money from someone and ask for money from a friend or relative and they avoid us by making some excuse or the other,

If we think about taking a loan from the bank, then the bankers ask for a lot of documents and their loan process is also very long, due to which it takes a lot of time to get the loan,

That is why today we are going to tell you about such an online loan application that gives you instant personal loan at the time of your need through completely online process.

The name of the application we are going to tell about today is “Avail Finance: Credit Loan App”. This application provides instant personal loan through completely online process in very few documents.

But right now you will have many questions in your mind like how much loan is available from Avail Loan App, what is the interest rate on Avail Loan App, for how long loan is available on Avail Loan App, Avail Loan: Avail Finance Loan Apply Online How to do.

So read this post till the end and you will get complete information about Avail Finance and the avail finance personal loan, best loans provided by it.

About Avail Loan App

Avail Loan App is an instant personal loan providing mobile application, this application provides instant personal loan to all the job professionals and all the people doing their own business,

Avail Finance has partnerships with several RBI registered non-banking finance companies (Vivriti Capital Private Limited, Aadhar India Finvest Limited, NDX P2P Private Limited (Liqui loans), and Kudos Finance and Investments Private Limited) and through them to the public. Provides personal loan too.

This NBFC acts as a business partner between the company and the loan applicant and helps the applicants to get an instant personal loan through its application.

Avail Loan App was launched on 16th July 2018 on Google Play Store and till now the application has got more than 10 lakh downloads. The interface of this application is very simple and it is very easy to apply for loan.

On Avail Loan App one can apply for loan and get instant personal loan through completely online process in very few documents.

Here you get a small loan amount in the beginning, but as you pay off the loan on time, your credit limit increases and you can take a loan of larger amount later on.

Why take a loan from Avail Loan App

  • On Avail Loan App, you get loan through completely online process.
  • You do not have to go to the bank branch to get a loan.
  • Here you can get instant personal loan in very few documents.
  • The interest rate on Avail Loan App is very low.
  • Here, once the loan is approved, the loan amount is directly transferred to your bank account.
  • From here both the business people and the employed person can get the loan.

Where can I use Avail Loan

There is no restriction on the part of Avail Loan App related to the use of loan provided by Avail Loan App, you can use your Personal Loan to fulfill any kind of work or need of yours.
can be used for such as =>

  • Student Expenses – If you take a loan from Avail Loan App, you can use that loan amount to pay for your college or coaching fees.
  • Home Renovation – With the passage of time, our houses become old and they need to be repaired or renovated, which costs a lot, then you can get your house repaired and refurbished with a personal loan taken from Avail Loan App. can do.
  • Education – If you or your children go to study anywhere in the country or abroad for higher education, then there are a lot of expenses for which you can also take a personal loan from Avail Loan App and use it.
  • Medical – For any type of medical emergency, any serious illness or accident etc. where money is needed immediately, you can meet your medical expenses by taking a personal loan from Avail Loan App.
  • Shopping – Money is needed to buy any type of shopping like grocery, mobile etc and you can use the personal loan taken from Avail Loan app for any type of shopping.
  • Investment – ​​If you want to invest somewhere in this, you can get good returns in future, then you can use personal loan taken from Avail Loan App for that also.
  • Apart from these, there are many other such needs like going out somewhere, rent or some other requirements, which need money to fulfill, then you can use personal loan taken from Avail Loan App for all.

Avail Loan Review: Avail Loan Details

Here we are going to provide complete details of personal loan provided by Avail Finance like how much loan is available from Avail Finance, what is the interest rate, for how long the loan is available, what is the processing fee, Learn more about etc.

Avail Loan App Loan Amount

If we do not get the loan according to our need, our need is not fulfilled and the burden of loan also comes on us, that is why it is very important to know before applying for the loan that how much we should get from where we are applying. Loan will be received.

With the personal loan or salary loan provided to us through Avail Loan Application, we can meet any of our monthly expenditure needs, through Avail Loan App, we get Quick Personal Loan / Salaried from ₹ 1000 to ₹ 40000 loan is provided,

Here we get the facility to choose our loan amount (as per our eligibility we can choose between the higher amount we are eligible for)

How long is Avail Loan available(Tenure)

Tenure is very important in any type of loan because due to shorter loan tenure, our installment amount increases, due to which we have more monthly burden to repay the loan.

If the time limit is more then according to that the monthly installment is also less so that we do not have problem in repaying the loan, we get 3 months to 6 months to repay the loan on Avail Loan App,

That is, we can choose installments of up to 6 months for the repayment of our loan, and if we get the money in a short time, then we can also pay our loan in full within 90 days.

What is Avail Loan Interest Rate

In any type of loan, along with the time frame, the interest rate is also very important because it depends on the interest rate and processing fee whether the loan will be cheap or expensive for us,

Loan taken at high interest rate is expensive because we have to pay more interest along with the principal, the interest rate of this loan provided by Avail Loan App is maximum from 1.25% to 3% monthly.

The interest rate or APR at which an applicant will get the loan depends on his/her CIBIL score, credit history, income etc.

Avail Loan Fees & Charges

On Avail Loan App, you get a processing fee of Rs.125 to Rs.1500 on the loan amount along with 18% GST so your maximum APR can be up to 42%.

Along with this, you do not have to pay any other hidden charges on this application, even if you do not pay the loan installment on time.

Avail Loan Example

Let us understand the Instant Personal Loan provided by Avail Loan App with an example.

Loan Amount – ₹16062

Time frame – 9 months

Interest Rate – 2.25% Monthly

Processing Fee = ₹900 (@5.6%) + ₹162 (GST) = ₹1062

Total Interest – ₹2,146 x 9 – ₹16,062 Principal = ₹3,252/

Total cost of loan = Total interest + Processing fee = ₹3,252 + ₹1,062 = ₹4,314/-

APR = 35.8%

Loan amount availed ₹16,062 – ₹1,062 = ₹15,000/-, Repayable amount ₹2,146 x 9 months = ₹19,314/-

Avail Loan Eligibility

  • Applicant must be an Indian citizen.
  • Applicant’s age should be between 18 to 60 years.
  • Valid documents related to applicant’s identity and residence are required.
  • The applicant must have a definite source of income.
  • Applicant should have a bank account.
  • Applicant should have PAN card.

Documents Required for Avail Personal Loan

At the time of applying for loan on Avail Loan App, you will have the following documents available must be bound =>

  • Identity Proof – Aadhar Card/Driving License/Voter ID.
  • Residence Proof – Aadhar Card / Electricity Bill / Water Bill / Rent Agreement.
  • Pan Card.
  • Bank account details.
  • Bank statement/salary slip.
  • Company name, address, pin code, email etc. details.

How to take loan from Avail Loan: Avail Finance Loan Apply Online

To take a loan from Avail Loan Application, you have to keep the above mentioned documents ready and follow the steps given below =>

  • Download and install Avail Loan App from Google Play Store.
  • Register with your phone number on Avail App.
  • Enter your basic details like name, address, PAN card, income etc.
  • Loan offers will be provided to you after checking your eligibility.
  • Select the offer and click on Proceed.
  • Now upload your KYC documents.
  • Your document will be checked.
  • After that you will get a verification call.
  • After verification, you will get the result on the app and SMS.
  • Now enter your bank details.
  • After verification, your loan amount will be transferred to your bank account.

Avail Loan Customer Care Number

Avail Customer Care Number(Avail Loan App helpline): 08045681445/08880428245

Avail Customer Care Number(WhatsApp): 9019734932

Avail Customer Care Email Id: [email protected]

Avail Loan Website: https://availfinance.in/

Other Questions (FAQs) related to Avail Loan

Who can apply for Avail Loan App Loan?

Any Indian Citizen (Businessman / Employer) who is 18 years of age or more and who has a fixed means of today can apply for a loan on Avail Loan App.

Where to get Avail Loan App loan?

After the loan application is completed and the loan is approved, the loan will be directly transferred to your bank account.

What is Avail Loan Disbursement Time?

Once the loan application process is completed on Avail Loan App, your details are verified and your loan is approved, your loan amount is transferred to your bank account within 1 to 2 hours of loan approval Is

How to do Avail Personal Loan Repayment.

For Avail Loan repayment, you can opt for Direct Bank Account Debit and submit your bank details, or pay your EMI through Debit Card, Credit Card or Net Banking etc. by visiting Avail Loan App. can.

What if I do not repay my Avail Loan on time?

It is important to pay each installment by its due date to build your credit score and increase your loan limit. The company is required by law to report late payments to CIBIL, which affects your ability to get later or larger loans. Conversely, if you repay your loans on or before the due dates, you will gain access to a larger loan amount over time.

Can I take more than one loan on Avail Loan App?

No, you can take only one loan at a time on Avail Loan App, you can apply for a new loan after making full repayment of the loan taken earlier.

Here we have tried to provide Avail Loan App and complete Avail Loan Details like what is Avail Loan App, How to take loan from Avail Loan App, what is Avail Loan Interest Rate, how much loan is available from Avail Loan App,

How much is the processing fee on Avail Loan App, Avail customer care number etc. If you have any question regarding taking loan from Avail Application, then definitely tell us in the comment box, we will definitely answer your questions.

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