Shathi Loan-Online Easy Credit

MAXIMERGE FINANCE LIMITED

About this app

App Introduction

Shathi Loan is a simple and transparent short-term loan solution provider tool app. We work to provide a trustworthy loan experience for users by ensuring fast approval, clear fees and data security, so that you get reliable help in your short-term financial needs.

Usage Guidelines

1 User must be 18 years of age or older and have a valid ID.

2 Please download the app from Google Play and register with your mobile number.

3 After filling in the basic information, you can get a loan proposal.

Product Key Features

Easy Steps: The application process is clear and simple, completed entirely within the app.

Data Encryption: Multi-layered encryption technology used to protect user privacy and data security.

Loan Information Disclosure

Loan Tenure: 91 days – 240 days
Annual Percentage Rate (APR): 18% – 26%
Other Fees: No additional management fees or hidden fees
Applicable Amount: ৳10,000 – ৳150,000 (Final Approved Amount as per Notification)

Sample Calculation

Loan: ৳20,000, Tenure: 150 days, Annual Interest Rate: 25%
Daily Interest Rate: 25% ÷ 365 = 0.0685%
Daily Interest: 20,000 × 0.0685% ≈ ৳13.70
Total Interest: ৳13.70 × 150 ≈ ৳2,055
Final Repayment Amount: 20,000 + 2,055 = ৳22,055

Contact Information

Business Hours: Monday – Friday 08:00 – 18:30
Email: [e-mail]

Ratings and reviews

I used this app many times in emergencies. Loan limit is now 24,300. Interest and extra charges are very high. Customer service is poor and rude if payment is even a little late. They advertise 7 to 180 days loan term, but actually give only 7 days and start calling on the 6th day for full payment. Helpful in emergencies, but high charges and misleading ads are disappointing.

Easy and good very helpuful This is one of the best loan app . Excellent and first survice . Best Apps I have used .The verification process was simple and the loan was approved within a few hours . The interest rates and processing fees are fair and . there are no hidden charges . customer support is also very helpful . highly recomended for anyone needing quick financial help! Great experience with this loan app .The approval was super fast , and the funds were transferde directly my account.

They are a scam. I was not interested in taking the small loan so no submit button was clicked on my part for the loan. They gave me a loan of 700 taka. The loan account is 1,131 taka, they show the interest percentage is 0.03 - 0.05 % but in reality it is too high, they charge 431 as interest. This is a fraud. There is no positive support from them, they only text for repayment of the loan, no support for this issue. I will complain to the Bangladesh Cyber Crime Unit. Do not install this app.