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Insta Money Personal Loan
Insta Money Loan application process is completely digital and the user gets money in his bank account between 10 minutes to 2 hrs after application.
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Insta Money Personal Loan
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Insta Money Personal Loan EMI Calculator
Interest Type
Loan Amount
Interest Rate
Loan Tenure
| Loan Amount | ₹100,000 |
| Interest % | 13 % |
| Tenure (months) | 12 |
| Emi (monthly) | ₹ 8,932 |
| Total Interest | ₹ 7,181 |
| Loan Amount + Interest | ₹ 107,181 |
| Year | Total Principal ( A ) | Total Interest ( B ) | Balance ( A + B) | Total Payment | Loan Paid Till Date (%) | ||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ₹ 56,760 | ₹ 5,764 | ₹ 62,524 | ₹ 43,240 | 56.76 % | |||||||||||||||||||||||||||||||||||||||||||
| |||||||||||||||||||||||||||||||||||||||||||||||
| ₹ 43,245 | ₹ 1,415 | ₹ 44,660 | ₹ 0 | 100.01 % | |||||||||||||||||||||||||||||||||||||||||||
| |||||||||||||||||||||||||||||||||||||||||||||||
Let us take an example, How EMI is being calculated
| Year | Principal (A) | Interest (B) | Total Payment (A+B) | Balance Principal | Loan Paid Till Date |
|---|---|---|---|---|---|
| 2022 | ₹ 20,000 | ₹ 1,522 | ₹ 21,522 | ₹ 0 | 100.00% |
| Aug | ₹ 4,781 | ₹ 600 | ₹ 5,381 | ₹ 15,219 | 23.90% |
| Sep | ₹ 4,924 | ₹ 457 | ₹ 5,381 | ₹ 10,296 | 48.52% |
| Oct | ₹ 5,072 | ₹ 309 | ₹ 5,381 | ₹ 5,224 | 73.88% |
| Nov | ₹ 5,224 | ₹ 157 | ₹ 5,381 | ₹ 0 | 100.00% |
Work Process
Your Path to Instant Funding - Simplified!
Visit Our Website
For the first step, you will have to visit our website to explore the loan options that fit your needs.
Select and Apply
Once you shortlist the loan you have been looking for, apply for it, and proceed with the further process.
Submit Your Document
One of the most important steps. Now you will have to submit all the required documents digitally.
Enjoy Your Financial Freedom!
Once your application is approved based on your eligibility, the amount will be disbursed to your account shortly.
Make the Process Easy with the Right Documents
Required Documents for Insta Money Personal Loan
PAN Card
Aadhaar Card
Driving Licence
Voter ID
Passport
Registered rent agreement
Current passport size photograph
Salaried income documents
Self Employed person documents
Eligibility
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The applicant’s age must be between 21 to 45
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The applicant must be an Indian Citizen
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The applicant must be salaried individual
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The minimum salary of the borrower should be Rs. 12,000
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Full salary of the borrower must be received in the bank account
Self Employed person documents
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Selfie
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PAN card
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Aadhaar Card/Address ID proof
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Bank statement
Note : InstaMoney Personal Loan may ask for additional documents based on the applicant’s profile. The above list is for reference purposes only.
In Case of Any Query
Unit No. 5. Mezzanine Floor,
DLH Park, S V Road.
Goregaon West, Mumbai,
Maharashtra, India 400064
FREQUENTLY ASKED QUESTIONS
The interest rates of InstaMoney Personal Loan are from 24% to 35.88% per annum.
Only salaried individuals are eligible for Insta Money personal loans.
The InstaMoney application employs global data encryption standards to ensure the safety of your data.
The highest loan amount you can avail of Insta Money is Rs. 25,000.
You can visit the official website of Insta Money to apply for an Insta Money Personal Loan or you can also visit ReferLoan’s website for a smooth application process.
Refer Loan is a Phy-zital Fintech that connects Lenders and Borrowers digitally as well physically. It provides a Financial Bouquet to the users with multiple Financial solutions. Its AI-based detailed comparison enables users to find the best financial product from the best financial institutions.
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