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About Sop Pay instant loan
Sop Pay instant loan was a finance app developed by SOP FINANCE PVT. LTD.. It was removed from Google Play Sep 21, 2022.
Download Statistics
Sop Pay instant loan had been downloaded 71 thousand times before it became unavailable.
User Ratings
The app had no ratings.
App Information
Sop Pay instant loan was free to download. The APK download size was 15.89 MB. The last available version was 3.0. The last update was on August 3, 2022.
Technical Requirements
The app had a content rating of Everyone. The app had been available on Google Play since June 2022.
Description
Sop Pay instant loan is a facilitator of the loan products and not an actual lender. We facilitate instant loans from our fintech partner ranging from ₹ 10,000/- to ₹ 20,00,000/- basis their credit profile. APR varies from 14% - 28% per annum and loan tenure from 6 to 24 months
Example: A representative example of the total cost of the loan, including the principal and all applicable fees Loan amount (Principal): ₹ 60,000. Tenure: 12 months. Interest Rate: 18% per annum. Processing Fee (incl. GST): ₹ 1500 (2.5%). Total Interest: ₹ 6,010. EMI: ₹ 5,501. APR: 26.29%. Loan amount is ₹ 60,000. Disbursed amount is ₹ 58,500. Total loan repayment amount is ₹ 66,010. Total Cost of the Loan = Interest Amount + Processing Fees = ₹6,010 + ₹1500 = ₹7,510
How to Process: 1. Download / Install the Sop Pay instant loan - Low interest loan App 2. Provide basic details & check your eligibility instantly 3. Choose your loan amount & repayment tenure 4. Once you are eligible from NBFC,Submit your KYC and verify your income with NBFC 5. Sign online loan agreement from approved NBFCs. and Get the money transferred directly to your Bank A/c in a few hours!
Low Interest Loan Eligibility: 1. Indian resident 2. Above the age of 21 years 3. Loan for salaried professionals / Businessman only.
Contact Us: Customer Service Email: in.sopfinance@gmail.com Customer Service Hotline: 1800-225-7887 (Monday- Sunday, 8 a.m. to 11 p.m.) Address: Sop Pay instant loan, GH 402, Salarpuria Business Centre, 4th B Cross Road, 5th Block, Koramangala, Bengaluru, Karnataka – 560095
Sop Pay instance Loan is Loan Lead Generators We work only with RBI Registered NBFCs.The NBFCs are as follows: -MASS Finance Ltd. -Fullerton India Credit Company Ltd.
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Each subscription will automatically renew 3 days before the expiration date for
the same time period. Subscriptions can be cancelled at any time before the renewal.
