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MudraKwik - Instant Loan App
| Category | Finance | File Type | APK |
| Requirements | All Platforms | File Size | N/A |
| License | Free | Platform | Android |
| Offered By | N/A |
Mudrakwik is India’s first truly instant loan application.
Loan Amount: From ₹ 1,000 to 5,00,000. Tenure: the shortest tenure is 75 days, the longest tenure is 500 days. Interest rate: Depends on the customer's risk profile and loan tenure. The maximum interest rate is 34.6 % per annum. For example: If the loan amount is ₹50,000 and the interest rate is 30% per annum with the tenure of 75 days, after deducting the processing fee, the interest payable is as follows : Interest = ₹ 50,000 * 30% / 365 * 75 = ₹ 3082. Processing Fee: It varies according to the loan amount and tenure. It varies from 2% to 4.3% Example: For 1000 rs loan processing fee is Rs.42.38+GST
Why Mudrakwik?
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No credit history required.
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A paperless and digital process on your mobile.
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Get 24x7 access to loans anytime and anywhere.
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Complete automated process using MI/ML
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Disbursal in less than 5 minutes.
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Available pan India.
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No minimum salary criteria.
