Friends, many times it happens that we are in dire need of money. That work is very important for us. Although a small amount is required at that time but we do not have money.
In such a situation, we ask for help with money everywhere. We ask everyone from whom we can get financial help. But situations also arise when we cannot get help from anywhere. Friends, then we start feeling that we wish we had an elder brother who could help us. And gets us out of this problem.
Friends, if this is so then you have no need to worry. Today we are going to tell you about an app just like an elder brother, whose name is – BadaBro Loan App.
BadaBro Loan App. Yes friends, BadaBro Loan App. This app works exactly like its name.
What is BadaBro Loan App, what is the amount of loan available from it, what is the tenure of the loan, what is the interest rate on the loan etc. – we will discuss all these in detail.
This article is going to prove very beneficial for you. That is why read this article till the end.
Amount of loan available from BadaBro Loan App
With BadaBro Loan App you can easily get a loan up to ₹ 10,000.
Tenure of loan available from BadaBro Loan App
3 months time is given to repay the loan amount received from BadaBro Loan App.
Interest rate on loan available from BadaBro Loan App
The interest rate charged on loans availed from BadaBro Loan App ranges from 1% to 6%.
This interest rate is monthly.
Other charges for taking loan from BadaBro Loan App.
When taking a loan from BadaBro Loan App, you also have to pay some other charges, which are as follows –
On taking loan from BadaBro Loan App, you have to pay 17% GST.
| Amount of Loan | ₹10,000 |
| Tenure of Loan | 3 Months |
| Interest Rate | 6% Monthly |
| Processing Fee | ₹75 |
| GST on Processing Fee | ₹14 |
| Total Amount | ₹1,060 |
Eligibility to take loan from BadaBro Loan App
To take loan from BadaBro Loan App, one should have the following qualifications –
- Must be a citizen of India.
- Age must be above 18 years.
Required Documents to take loan from BadaBro Loan App
- Aadhar Card
- PAN Card
- Office/College ID
- Salary Slip/Marksheet
- Selfie
Process to take loan from BadaBro Loan App
To take a loan from BadaBro Loan App, you have to follow the steps given below –
- First of all download BadaBro Loan App from Playstore.
- After this upload the necessary documents.
- After doing this, wait for your profile to be approved.
- Now your loan will be approved.
- After this your loan amount will be transferred to your bank account.
Friends, today we learned about BadaBro Loan App. In times of trouble, he supports you like an elder brother. Hope you guys liked this article.
