Small Business Loan : TRADOFINA Loan App Review 2024
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 fees 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%.
Introduction
TRADOFINA delivers the fastest personal loan experience with 100% paperless digital KYC process the app analyzes your financial SMS transaction to monitor the income track and analyse financial expenses also to accurately assess your credit worthiness protect your from potential fraud and provide you with convenient and secure access to credit in just 5 minutes.
TRADOFINA Instant Credit Loan App Products
Quick Cash – 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, Aadhar Card for a tenure of 24 months
Collateral Free Small Business Loan
TRADOFINA offers business capital loan up to 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 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 Catagory & Business who have benefited and availed instant credit loan from TRADOFINA
- Instant credit for kirana shop, general store, grocery store, medical store
- Instant loan for mobile recharge and electronic shops
- Quick cash for bakery, snacks and juice shops
- Instant cash for street vendors, fruits and vegetables shops
Examples of EMI Fees Interest Rate For Instant Credit Products Offered By TRADOFINA App
- Loan Amount : 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 & 15000 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 Aadhar 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 and 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% secure VIA 256 – bit SSL encryption
- RBI registered NBFC with 100% digital approval The NBFC Is Arnold holdings Ltd
CONTACTS US :
customer care number : 022-48913684
EMAIL : care@TRADOFINA.com
Address : B 208, ramji house, 30 JAMBULWADI JSS road , Mumbai, Maharashtra 400002
