How to avail instant personal loan with MudraKwik Loan App

If you are short of cash and want to meet your personal needs then you can take instant loan from Mudrakwik at attractive interest rates. You can download the Mudrakwik app and apply for a loan.

If you have a low income or an insufficient CIBIL rating and are looking for a loan, applying for a loan from SE can be a good option. 1,000 depending on your credit score. 5 lakh to Rs. You can apply for the loan amount between

Mudrakwik offers the facility of Equated Daily Installment i.e. EDI where your credit score is applicable and when you repay a part of your loan on a daily basis. For example, if you have a low credit score , the minimum amount you can apply for is Rs 1,000. Is. The lender will deposit Rs 900 after deducting the processing fee and other applicable charges. All you have to do is pay an amount of Rs 100 for 10 days which will allow you to repay your loan. Once you repay your loan, you will be eligible for the next maximum loan amount.

You continue to take the loan and repay the amount on time. This will not only allow you to improve your credit score but will eventually enable you to apply for a maximum loan amount of Rs 5 lakh from the lender.

Features and benefits of applying for loan from Mudrakwik

  • Automated acceptance and paperless processing
  • The interface is quite nice
  • Loan amount will be credited to your account instantly
  • Helps you to improve your CIBIL Score

What is the eligibility criteria?

  • You must be either a salaried or a self-employed individual. If you are a housewife, student or seller then you can also apply for loan from Mudrakwik.
  • The minimum age of the borrower should be 18 years and maximum age should be 45 years.

What documents does the MudraKwik company ask for?

  1. Aadhar card
  2. Pan card
  3. Salary slip

For how many days MudraKwik company gives loan-

If you are taking loan from MudraKwik company, then the company will give you 90 days to repay the loan and you can get maximum tenure rate of 500 days. That is, this company will give you at least 90 days to return the outstanding amount of the loan and this MudraKwik – Instant Loan App company can also give you 500 days.

How to apply for loan from Mudrakwik?

  • Download Mudrakwik Instant Loan App on your mobile phone
  • Register yourself with your mobile number. You will receive a One-Time Password (OTP) on your registered mobile number.
  • Enter the OTP and enter your personal details like your name, email id, etc.
  • Upload the required documents. Your lender will take a few minutes to approve the documents you uploaded. You can then apply for the loan, and if you meet the eligibility criteria, the loan amount will be disbursed into your bank account. You can then use the loan amount to meet your financial need.

The GST rate of 18% has been implemented on banking services and products with effect from July 1, 2022.

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