How To Get Loan From MyShubhLife Loan App 2024

MyShubhLife Loan App 2024 :- Friends, if you want all your money needs to be fulfilled and you don’t have to worry about money? I know your answer will be yes. So if your answer is yes then friends, you don’t need to do much to meet the need of money. All you have to do is read our posts and follow the information given in the posts. We give you information about many loan apps in our post. We tell you how you can take loan from any app. And then you can apply for the loan as per your requirement. You can choose your loan application according to the loan amount and loan interest. So friends, now you don’t have to worry about money.

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MyShubhLife Loan App 2024 Highlight

Name of the article	MyShubhLife Loan App
Language	Gujarati & English
topic	Loan
Loans Receivable	up to 3000 to 1 lakh

Now let’s put your money related stress aside. Because in today’s post we are going to talk about how you can take loan online. The loan we are going to talk about is MyShubhLife Loan App. With this app you can easily transfer your loan amount to your account without any fuss. Today we are going to know how much loan amount you will get from MyShubhLife Loan app, what is the interest rate of MyShubhLife Loan app, what is the tenure rate of MyShubhLife Loan app and many other things we are going to know in this post. . So let’s start our today’s post.

MyShubhLife Loan app how much loan can we get?

MyShubhLife Loan You can take a loan from the app up to 3000 to 1 lakh

What is the tenure rate of MyShubhLife Loan application?

MyShubhLife Loan app the duration is from 3 months to 3 years maximum

What is the interest rate of MyShubhLife Loan app?

Friends MyShubhLife Loan app will charge maximum interest rate of 16% – 44%.

MyShubhLife Loan App Other Charges?

Friends apart from this you have to pay 0%-3% service charge.

Example of MyShubhLife Loan app

Loan amount = ₹1,00,000
Duration = 12 months
Interest rate = 26%
Monthly EMI = ₹9,553
EMI = [P x R x (1+R)^N]/[(1+R)^N-1], P Loan Amount, R Interest Rate and N Duration.
Total Interest [(EMI x 12) – Loan Amount]: (₹9553 x 12) – (₹1,00,000) = ₹14,636
Other expenses include processing fee (@2% + 18% GST): ₹1,00,000 x 2% = ₹2,000 + 18% GST = ₹2,360.
Total cost = ₹14,636 + ₹2,360 = ₹16,996
Total payment = ₹1,00,000 + ₹16,996 = ₹1,16,996

MyShubhLife Loan Application Eligibility Criteria?

Indian citizen
Above 18 years of age.
Should have a monthly source of income.

MyShubhLife Loan Application Documents Required?

aadhar card
PAN card
bank account