Yuva Patrkaar, New Delhi : If your civil score has deteriorated due to any reason. Or your CIBIL score is low. So now there is no need to take tension. Even with a bad CIBIL score, you can easily avail a loan of up to 50k whereas earlier the loan application used to be rejected due to a bad CIBIL score.

But now you can take a loan of up to 50k sitting at home in no time. Which is completely secure.

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From where can I take loan?

To get a loan of up to 50k against a bad CIBIL score, your credit score is first checked. And when the loan was available only when your credit score was fine or the CIBIL score was bad, then you had to struggle a lot for the loan.

You can easily get a loan even with a low civil score by visiting the loan app. Neither do you need to give any guarantee for this. Nor is there any need to make any advance payment.

Yes, just these apps give loans in a different way when your CIBIL score is bad. For this, you have to apply for the loan, then you get the small amount loan without looking at your credit score only on KYC. Which if you pay in time. So, this loan amount gradually increases.

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Benefits of loan from the app

• You can easily get a loan of up to 50k on the loan app.
• Through this app, you can get a loan within minutes.
• Wherever you are, you can get a loan from here. That too without any KYC.
• There is no need to guarantee any security to avail the loan.
• This loan will be 100% secured as it is NBFC registered and approved by RBI.
• You can easily get a second loan if you make the payment on time.
• You can get this loan directly by doing KYC without any hassle or paper work.
• This loan can be availed in any corner of the country.
• You do not need to follow the entire loan process every time to avail a loan. You can easily get the next loan through OTP only.
• You do not need to go anywhere to repay the loan. You can make the payment sitting at home.
• You will be given ample time of up to 12 months to repay the loan.

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interest on loan

• If you take loan through loan app. So you may have to pay an annual interest of around 36% + GST.
• You will have to pay a processing fee of 5k + GST to avail the loan.
• Around 43,500 loan will come in your account.
• The EMI of the loan for 12 months will be ₹5666.

Since this loan is a bit expensive, it helps in increasing your credit score. But we still recommend. That you take loan only using your understanding.

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