Solve your financial problems.

Name Prime Lend
Version 1.0.1
Update Feb 08, 2025
Size 8 MB
Category Finance
Installs 50K+
Developer Affortable Tech Service Private Limited
Android OS Android 6.0+
Google Play ID com.base.instant.primelend.mobile.android
Prime Lend · Screenshots

Prime Lend · Description

Welcome to Prime Lend. We do not directly engaged in money lending activities. We only provide one platform to help users establish connections with NBFC. All loans are offered through our trusted NBFC partner.

As a partner of NBFC, we only work with RBI-registered NBFC to ensure safety and transparency, specifically:
Premjee Truck Finance Co. Pvt. Ltd.

Our NBFC Lending Partner: Premjee Truck Finance Company Private Limited (also known as Premjee Truck Finance Co. Pvt. Ltd.) which is a registered NBFC with RBI.

Furthermore, Premjee Truck Finance Company Private Limited (also known as Premjee Truck Finance Co. Pvt. Ltd.) refers to the same company.

Our Advantages
Transparent Fees
100% Online Application
Smooth Web Experience

Loan Features
Loan Term: 120 to 365 days
Loan Amount: ₹3,000 - ₹100,000
Processing Fee: 1% of Loan Amount
Maximum Annual Percentage Rate (APR): 24%

Here is an example to illustrate how the loan is calculated
Loan Amount: ₹20,000
Loan Term: 180 days
Annual Percentage Rate: 18.25% (Daily Percentage Rate: 0.05%)
Processing Fee: ₹20,000*1%=₹200
GST on Processing Fee: ₹200*18%=₹36
Interest: ₹20,000*180 /365*18.25%=₹1,800
GST on interest: ₹1,800*18%=₹324
Total repayment amount: ₹20,000+₹200+₹36+₹1,800+₹324=₹22,360

Who can apply
Age range: 20 to 55 years
Residents with Indian ID
Stable employment: Applicants must have a stable income to qualify for the loan

Questions and Feedback
We are always listening to your comments and suggestions, if you have any questions, you can always contact us.
Email: mail@affortabletech.com

Prime Lend 1.0.1 · Free Download

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