Salary Now Quick Advance Loan

Quick Advance Loans

Salary Now is a trustworthy fintech platform that helps users access loans when they need them the most. Loans available through the app are provided through our lending partners Zed Leafin Pvt Ltd and Maxemo Capital Services Private Limited, both RBI registered NBFCs.

Eligibility Criteria

• Indian citizen
• Salaried individuals
• Above the age of 18
• Minimum take-home salary per month INR 21,000

Loan Tenure: 70 days to 12 months Interest rates range from 24 percent to 36 percent per annum depending on the user eligibility.

Rate varies based on customer risk profile and repayment period.

Loan Amount Range We offer loans ranging from INR 3,000 to INR 10,00,000.

Processing Fees Processing fees range from INR 150 to INR 5,000 depending on the disbursed loan amount.

Our pricing policy may change from time to time, therefore interest rates and processing charges may vary.

Sample Loan Calculation

For Instance: Loan Amount: ₹10,000 Tenure: 180 days Annual Percentage Rate (APR): 36% Daily Interest Rate: 0.10% per day Processing Fees (incl. GST): 5% [₹500 + ₹90 GST] = ₹590 Interest: ₹1,782 Monthly EMI: ₹1,843 Disbursed Amount: ₹10,000 − ₹590 = ₹9,410 Total Repayment Amount: ₹11,880 Total Cost of the Loan: Interest Amount + Processing Fees = ₹1,782 + ₹500 = ₹2,282

We are not directly engaged in money lending activities. The app only provides a platform to facilitate lending by registered Non-Banking Financial Companies (NBFCs) or banks to users.

How It Works

1. Download the Salary Now app.

2. Upload basic documents such as:

   • Bank statement
   • Salary slip
   • ID proof
   • Residence proof

3. Once the loan is approved, review the sanction letter and sign the agreement.

4. The approved amount is credited to your bank account.

Your Privacy is Our Top Priority We follow strict privacy guidelines. User data is encrypted and stored securely for the purpose of loan sanction and determining creditworthiness.

For suggestions and concerns, contact us at: hello@salarynow.in

Address: Z-29, 4th Floor Okhla Phase 2 New Delhi 110020