DigiMoney Finance

DigiMoney Insta Loan App is a LENDING APP developed by DigiMoney Finance Private Limited, a Non-banking Finance Company licensed by Reserve Bank of India.

DigiMoney Insta Loan App makes the whole lending process digital and automated. The entire process right from

1) User registration through OTP confirmation

2) Customer identification validation

3) Credit evaluation using analysis of financial SMS data

4) Loan approval

5) Loan agreement signing

6) e-mandate for loan collections/repayments

7) Disbursement

is digital. As the user navigates through the process and on completing step 6 as outlined above, the loan is disbursed instantly and is credited to customer’s designated bank account.

With DigiMoney Insta Loan App, customers can get their loan disbursed and have the money credited in their bank account in less than 10 minutes.

A complete digital lending platform, seamless process, affordable interest rates and no more hassles of bank visits etc. Currently personal loans range from ₹10,000 to ₹100,000.

Terms:

Loan: ₹10,000 to ₹100,000

Loan Period: Minimum 3 months to Maximum 12 months

Annual Percentage Rate (APR) or Interest rates: 10% - 24% Per Annum depending upon results of our credit risk assessment.

Processing Fee: ₹1000 Onwards

Example:

If the loan amount is ₹10,000 & interest is 10% per annum with minimum repayment period of 3 months

Interest = ₹167 and Total Amount payable would be ₹10,167

One time Processing Fee is ₹ 1000 Plus GST. The Amount disbursed to borrower’s registered bank account is ₹ 9,000 (₹ 10,000 - ₹ 1000).

The Equated Monthly Instalment (EMI) is ₹ 3,389.

What you’ll Love:

• Completely digitalized

• Instant approval and disbursements, 24/7

• Responsible lending

• Affordable and flexible interest rates based on the customer profiling

process

• User friendly experience

Why Choose DigiMoney:

• Ease of availing loans, depending on the need and circumstance of the

customer

• Lowest PROCESSING FEE flat at ₹ 1000

• Lowest INTEREST RATES, starting at as low as 10% per annum

diminishing. Less than the top banks

• NO DOCUMENT upload required

• QUICKEST processing, registration to disbursement in less than 10

minutes

• FLEXIBLE term and flexible EMI

How to apply:

• Download the app

• Register with your Name, mobile number and Email Id

• Complete identification validation, i.e e-KYC (know your client) process

• Provide your employment details

• Your loan eligibility is evaluated using our proprietary algorithm after

performing credit risk assessment based on credit bureau data and

financial SMS data

• Chose the Loan amount and EMI

• Provide bank account details, complete e-mandate for direct debit for

loan repayments.

• Review the agreement and accept (agreement signing)

• Loan is disbursed

Eligibility Criteria:

• Indian citizen

• Salaried Individuals

• Above the age of 25

• Minimum take-home salary per month ₹10,000

Your Data is safe with us. Protection of your privacy and your data security is top priority at DigiMoney. All transactions are secured using 128-bit SSL encryption and adequate firewalls to control the APIs with multiple level authentication, authorization and verifications.

DigiMoney Insta Loan App requires the following permissions and refer Privacy Policy page for further details:

• Financial SMS

• Camera

• Storage

• Location

• Installed Apps

• Contacts

• Device

DigiMoney Availability: Chennai, Bangalore, Hyderabad, Coimbatore, Mysore, Trichy, Salem, Hosur, Tirupathi, Mangalore, Visakhapatnam, Vellore, Pondicherry. We are coming soon in other cities of India.

Registered Office address:

B Block, 8th Floor

103, Navin Presidium, Nelson Manickam Road,

Aminjikarai,

Chennai – 600 029

Tamil Nadu

Reach us at info@digimoneyfinance.com or contact us 18005728428 for any of your queries.