Tradofina Pay Day personal Loan Apply full Reviews with App Download Link

 Tradofina Pay Day personal Loan Apply

Introduction :

Tradofina provides a fast and seamless personal loan experience with a completely paperless digital KYC process. The app reviews your financial SMS data to assess income, monitor expenses, and perform an accurate credit risk evaluations, ensuring a reliable assessment of your creditworthiness. This process helps detect any potential fraudulent activity, keeping you secure while offering quick and safe access to credit.

Application DownLoad :

Tradofina provides instant Credit and Small Business loans from RBI-registered NBFC. Tradofina offers an Instant Credit Loan of ₹ 5000 to ₹ 60,000 and APR ranges from 14% to 28% for a tenure of 3 months to 24 months.

Example: Small business owners/self-employed can avail instant credit loan of ₹10,000. The total processing fee is ~8%. The interest rate is 18% p.a for a tenure of 3 months, amount payable is ₹10,450, and APR of the loan will be 27.54%.

Instant Credit Loan

Tradofina offers an instant personal loan to salaried customers and self-employed store owners. The amount of loan ranges from ₹5000 to ₹60,000 only with PAN, Aadhaar Card for a tenure of 24 months.

Collateral free Small Business Loans

Tradofina offers business capital loan upto ₹1,00,000/- to small business and store owners to meet to run their day to day business activities.

Loans to different type of Priority Sectors 

Tradofina also offers loans of up to ₹60,000 to priority sectors, based on RBI definitions. A priority sector loan is provided to women, artisans, small vendors, village and cottage industries, etc.

Top category & Businesses who have benefited and availed instant

Application Download Link :

Top category & Businesses who have benefited and availed instant credit loan from Tradofina

- Get credit to grow your Kirana, General, Grocery, or Medical Store

- Boost your Mobile or Electronics Shop with quick loan options

- Hassle-free loans to keep your Bakery, Snacks, or Juice Shop running

- Instant Cash for Street vendors, Fruits and Vegetable shops

Examples of EMI, Fees, Interest rates for instant credit products offered by Tradofina app

Loan amount (Principal): ₹ 30,000.

Tenure: 12 months.

Interest Rate: 18% per annum.

Processing Fee (incl. GST): ₹ 750 (2.5%).

Total Interest: ₹ 3,005.

EMI: ₹ 2,750.

APR: 22.91%.

Loan amount is ₹ 30,000. Disbursed amount is ₹ 29,250.

Total loan repayment amount is ₹ 33,000.

Total Cost of the Loan = Interest Amount + Processing Fees = ₹3005 + ₹750 = ₹3755.

Eligibility Criteria: 

* Minimum age - 21 years

* Minimum income ₹12,000 for salaried & ₹15,000 for Small business/vendors

Documentation: 

Tradofina app is a 100% digital loan app; therefore, we don’t require any physical documents!

All you have to do is enter your PAN Card number, upload a digital photocopy of your Aadhaar Card, and click a selfie to avail your instant credit and business loan.

Why Tradofina to avail Instant Credit and Small Business Loan

✔️Instant verification and speedy credit disbursement

✔️ Fair & Low rate of interest and processing fees

✔️ Easy & Convenient repayment options (UPI, Debit Card, Net Banking, Bank Transfer, etc.)

✔️ Online personal loan approval in just 5 minutes

✔️ No collateral & credit card required

✔️100% secured via 256-bit SSL encryption

✔️RBI-registered NBFC with 100% digital approval. The NBFC is Arnold Holdings Ltd.

How to avail Instant Credit by using Tradofina App

1. Install Tradofina - Instant Credit and Small Business Loan App

2. Register with a mobile number

3. Upload KYC documents and check your personal loan eligibility.

4. Accept the offer and get an instant approval for your loans.

5. Post-approval the loan amount is credited to your account instantly.

Watch the video below to learn more.