BHARAT DHAN PAY
Reliable financing for your future goals
Reliable financing for your future goals
Instant Loans from My Mudra are designed to provide quick and reliable financial support when you need it the most. Whether it's an emergency expense, home renovation, travel, or medical need, our instant loans ensure fast approval, minimal paperwork, and flexible repayment options. Get hassle-free access to funds and focus on your goals without worrying about delays.
| Feature | Details |
|---|---|
| Loan Amount | Up to ₹1 Crore |
| Loan Tenure | 4 to 5 Years |
| Interest Rates | Starting from 10%* p.a. |
| Eligibility | 21-65 Years |
| Loan Disbursal | Within 3-4 Business Days |
On a specific date, the borrower makes an instalment payment to a lender. The EMI amount remains constant throughout the loan term.
Foreclosure means a method of paying off the entire unpaid loan amount before the due date comes around. An Instant loan typically has a lock-in term after which you can opt to foreclose the remaining debt and repay the total loan amount. However, we normally suggest you to foreclose your debt when you have some extra income.
Part-prepayment allows you to repay a portion of your loan via multiple EMIs. This is an easy approach to reduce your interest payable. Your part-prepayment amount is taken from your outstanding principal as of the month in which you make the prepayment. If you have extra cash and wish to utilize it to pay off anything, you might choose a part-prepayment option.
The borrower is required to pay interest every month. At the end of the term, the entire principal amount will be repaid in one large payment. You can also make part payments on your loan at no additional cost.
We offer secure and hassle-free loans and saving services with low interest rates and doorstep service. Our fast, digital process and dedicated support ensure a safe and trusted borrowing experience.
