MoneyWOW is online instant lonas, and offering its users a credit limit between ₹50,00 to ₹ 1 lakh with instant approval and zero collateral.
Depends on the customer's risk profile and loan tenure, Our interest rate with a maximum of 30% (APR), our easy repayment Tenure from 91 days (minimum)—180 days (maximum).
For Example:
If the loan amount is ₹5000 and the interest rate is 30% per annul with the tenure of 91 days, after deducting the processing fee, the interest payable is as follows :
Interest = ₹5000 * 30% / 365 * 91 = ₹373
Process fee = ₹5000 * 8% = ₹400
