Loan Mini guide

Loan Mini - EMI Calculator is a simple EMI loan calculation tool that helps the user to quickly calculate EMI for home loans and view payment schedules. Use this emi loan app to calculate your EMI (Equated Monthly Installment), plan your loan repayment in an effective way. The UI of this loan calculator is user friendly.



MAIN FEATURES:
● Loan Mini - EMI Calculator app is a special kind of loan calculator that calculates your EMI Loan amount and monthly payment.
● This Loan Mini - EMI Calculator app allows you to calculate the following values by inputting all the other values:
- EMI Amount
- Loan Amount
- Interest Rate
- Period (In Months and Years)
● Graphical representation of complete tenure of Loan.
● Calculate EMI on a monthly basis.
● Generate statistics charts instantlyon emi loan app.
● Statistics show Principal Amount, Interest rate, and remaining balance per month.
● Currency Converter feature provides , live exchange rates & offline mode.
● Speed Converter provided
● Mass Converter provided


USAGES:
● Loan Calculator
● SIP Calculator
● Speed Converter
● Mass Converter
● Length Converter

Example:-
Personal Loan Charges (Example):
Loan Amount: From ₹2000 to ₹30000
Minimum Period of Payment (Minimum Tenure): 62 Days
Maximum Period of Payment (Maximum Tenure): 365 Days
Maximum Annual Percentage Rate (APR): 36% to 160%
Interest Rate: 2.5 % to 3% per month
Processing Fee: Starting 10% of Loan Amount (Inclusive of GST)
Service Charges: Starting 3% of Loan Amount (Inclusive of GST)


Representative Example of the total cost of loan is provided in example below:
Description All Amount are in INR
Loan Amount: ₹11000
Loan Tenure: 3 Months
Processing Fees (10% Inc GST) = ₹1100
Service Charges (3% per EMI% Inc GST)= ₹990
Interest (32%)= ₹ 583.6
Amount Disbursed: ₹9900

Repayment Schedule Below:
First Instalment: ₹4191
Second Instalment: ₹4191
Third Instalment: ₹4191
Total Repayment ₹12573

Eligibility:
Must be an Indian National with a Valid Pan Card and Aadhaar Card
Must be over the age of 18 years
Minimum Monthly Income should be ₹5000


NOTES:
● This Loan Mini - EMI Calculator app is just a financial tool and not any loan provider or connection with any NBFC or any finance services.
● This app is working as a financial calculator app and not giving any lending

if you have any issue in this app or service contact us on [email protected]

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