FundsMama - Instant Loan App 4.0.4

FundsMama is a company that facilitates quick and easy loans for individuals in India. Whether you require funds for daily expenses or unforeseen emergencies, FundsMama can be of assistance. The application process is straightforward, and upon meeting our eligibility criteria and submitting the necessary documentation, the loan amount can be transferred to your bank account within 30 minutes of final approval.

• Safe and Secure Borrowing: FundsMama provides a secure digital platform for borrowing money without requiring collateral. This feature makes it a reliable choice for those seeking financial assistance.
• Multiple Expense Coverage: In addition to being collateral-free, FundsMama can help manage various unexpected expenses simultaneously, offering convenience during challenging times.

To qualify for a loan with FundsMama, applicants must be Indian residents aged 21 or older, possessing a savings bank account and a decent CIBIL score. The application process involves filling out a form and submitting essential documents like the PAN card, bank statements, and salary slips.

• Unsecured Personal Loans: In light of recent events such as the pandemic, FundsMama offers a safe digital platform for obtaining emergency funds based on creditworthiness, without the need for collateral. This includes advance salary loans to address unforeseen expenses.
• Streamlined Disbursal: FundsMama prides itself on a quick and secure loan disbursal process, minimizing documentation requirements and approval times to provide financial relief within 15 minutes of uploading essential documents.
• Flexible Assistance: With FundsMama, borrowers can address various urgent needs such as home repairs, medical bills, or family emergencies conveniently through an application process devoid of upfront fees.

Disclaimer: It is important to note that interest rates may be higher compared to long-term loans, as FundsMama exclusively offers advance salary loans to Indian residents.

Application Process:

1. Fill out the online loan approval form with your details securely.
2. Upload the required documents for a swift verification process leveraging our reliable fintech system.
3. Receive prompt communication via phone or email if any issues arise during the approval process.
4. Upon clearance, the loan amount will be securely transferred to your bank account within 30 minutes on the same day.

Eligibility Criteria:

• Indian citizenship
• Salaried employee/business owner/self-employed
• Age of 21 or above
• Savings account holder
• Decent CIBIL score

Documentation Required:

• Fully completed personal loan application with photograph
• PAN Card
• Proof of residence (e.g., Passport, Driver's License, Voter ID)
• Last 3 months' bank statements (preferably salary account)
• Last 3 months' salary slips
• Proof of identity and age

Rates and Fees:

• Monthly Interest Rate: 2.9166%
• Offered Annual Percentage Rate (APR): 35% (Fixed)
• Tenure/Repayment Period: 1 - 3 Years
• Minimum-Maximum Loan Amount: INR 10,000-2,00,000
• Processing Fee: 2%
• GST on Processing Fee (Inclusive): 18%

Representative Example:

• ⋅ Loan Amount: ₹50,000
• ⋅ APR: 35%
• ⋅ Tenure: 12 months
• ⋅ Processing Fee: ₹1000
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• ⋅ GST on Processing Fee: ₹180
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• ⋅ Amount Disbursed: ₹49,000
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• ⋅ EMI: ₹4,998
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• ⋅ Total Repayment Amount: ₹59,978</RPGames>
  Total Interest: ₹9,978 Experienced Company Accreditation: FundsMama operates under Girdhar Finlease Pvt Ltd's registered name as an approved NBFC sanctioned by RBI. Address: 106, first Floor, Surya Kiran Building, Kasturba Gandhi Marg, New Delhi - 110001 📧 Email : [email protected] 📱 Phone : +91-9711711026