Chinmay - Personal Loan App 17+

Instant Loan App

CHINMAY FINLEASE LIMITED

Designed for iPad

    • Free

Screenshots

Description

Introducing Chinmay: Your Ultimate Personal Loan Solution

Looking for a hassle-free way to secure a quick personal loan of upto ₹2 lacs? If you are a professional individual with stable income then look no further. Chinmay is one of the best loan apps revolutionizing the lending experience. If you need a personal loan online for unforeseen expenses, a dream vacation, home improvements, or any other personal endeavour, Chinmay has got you covered with its quick, secure, and seamless online loan application process.

Chinmay, one of the leading partner NBFC (Chinmay Finlease Limited - Registration #: B.01.00558) instant personal loan providers to being your trusted financial buddy. Our app ensures the highest level of security and compliance.

Benefits that make Chinmay one of the best online personal loan apps in India:
- Instant Loan Approval: Need funds urgently? Chinmay's instant loan approval, ensures you receive the financial support you need within minutes
- Flexible Loan Option: If you are looking for a personal loan online, Chinmay is the ideal solution for you to provide cash loans up to ₹ 2,00,000/-
- Easy Application Process: Applying for a personal loan with Chinmay's intuitive online loan application process enables you to apply online with minimal effort
- Trusted and Reliable: Chinmay is a name you can trust. As an RBI-registered online loan app, we adhere to the highest standards of integrity and security
- Flexible Repayment Plans: Everyone's financial situation is unique. That's why Chinmay offers flexible repayment plans that suit your individual needs
- Lowest Interest Rates: At Chinmay, we offer some of the most competitive interest rates in the market.

Features of Chinmay:
• Loan Amount: ₹10,000 - ₹2 lacs
• Quick Turn-around time: Under 5 minutes
• Repayment Tenure: 90 Days to 180 Days
• 100% Paperless loan application
• No guarantors or collateral
• No Subscription or upfront Fees

Interest and Additional Fees:
• Interest Rates: 28 to 36% per annum
• Processing & Other Applicable fees: Starts from 6.5% of the loan amount (This may vary based on your risk profile)
• Documentation charges of 1%
• ₹200 for online convenience fees
• Bounce charges: ₹500 + GST as applicable
• APR range - 26% to 36%
• Please note that GST charges will be added to the process fees, document charges, online convenience fees.

Eligibility Criteria:
-Working Professionals with Stable income
-Above 21 years
- Minimum take home income of 20,000 Per Month
-Aadhaar Card Verification
-PAN Card Verification
-Bank Account where income gets deposited monthly
-All borrowing should be in good standing

Illustrative Calculation: -
• Loan amount: ₹30,000 with a 28% annual interest rate
• Per day interest rate is 0.076%
• Loan Duration: 180 Days
• Total interest on the personal loan: ₹4,104
• Processing fees (6.5% of the loan amount) + Documentation charges (1% of the loan amount) + Online convenience = ₹2,450
• Total Deductions (Processing fees + Documentation charges + Online convenience + GST): ₹2,891
• Net Disbursed Amount: Loan Amount - Total Deductions = ₹27,109
• Total Repayable Amount (Loan Amount + Interest): ₹34,104
• PF +DC + GST are deducted upfront during the loan disbursal.

*This is an indicative calculation, interest and other charges vary based on the profile

For any queries contact us on support@chinmayfinlease.com or call us at 7600012589

What’s New

Version 1.0.20

We strive to provide you with the best possible experience. As part of our ongoing efforts, we have made several updates and improvements to enhance your user experience, including fixing some bugs and implementing other changes

Ratings and Reviews

4.4 out of 5
511 Ratings

511 Ratings

Dev000093 ,

Good experience. Worth it!

Hi folks, I took one instant loan and liked the genuine and transparent process. Its a genuine and fair lender for instant personal loan category. They provide 3-6 months emis (basically short term instant loans) Just faced a little issue in loading bank statement using OTP system, so had to upload them manually (which is boring of course and should be looked at and fixed by the tech team). Rest everything was fantastic. Thanks!

Developer Response ,

Dear Dev000093, Thankyou for motivating us with your positive feedback. This will undoubtedly help us strive hard to exceed your expectations.

Panky writes ,

Personal loan

I recently took out a loan with Chinmay Personal Loan and my experience has been overwhelmingly positive. The application process was straightforward and user-friendly, making it easy to submit the necessary documents online. I was pleasantly surprised by how quickly the loan was approved and disbursed.

The terms of the loan were clearly explained, with competitive interest rates and flexible repayment options that suited my financial situation. Customer service was exceptional—they were always available to answer my questions and provided clear guidance throughout the process.

Overall, I feel confident in my decision to choose chinmay loan provider for my loan needs. The process was smooth, and I appreciate the transparency and professionalism demonstrated by the team. I would highly recommend their services to anyone in need of a reliable loan provider.

Developer Response ,

Dear Panky, We're overwhelmed to see your review on our app. If you have any feedback, please share it with us. We're committed to enhancing our services and aiming for a 5-star rating from you!

Anoop2811 ,

Great experience - Highly recommended

I'm thoroughly impressed with this app! The experience has been exceptional, and here's why: 1. Lightning-Fast Processing: The app's processing speed is incredibly fast, making it a breeze to navigate. 2. Intuitive Interface: The design is sleek and user-friendly, making it easy to find what I need. 3. Personalized Experience: The one-to-one contact policy of the team is a game-changer, providing tailored interactions. In case of any roadbloack the team calls you or messages you personally to make the process easier. The developers have truly outdone themselves. This app has exceeded my expectations in every way. Rating Breakdown: - Performance: 5/5 - User Interface: 5/5 - Features: 5/5 - Overall Experience: 5/5 Highly Recommended! Don't miss out on this fantastic app!

Developer Response ,

Dear Anoop2811, We're thrilled to have customers like you who inspire us to improve our service. Thanks a trillion.

App Privacy

The developer, CHINMAY FINLEASE LIMITED, indicated that the app’s privacy practices may include handling of data as described below. For more information, see the developer’s privacy policy.

Data Used to Track You

The following data may be used to track you across apps and websites owned by other companies:

  • Identifiers

Data Linked to You

The following data may be collected and linked to your identity:

  • Financial Info
  • Contact Info
  • Contacts

Data Not Linked to You

The following data may be collected but it is not linked to your identity:

  • Location
  • Identifiers

Privacy practices may vary based on, for example, the features you use or your age. Learn More

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