My Mudra One

MY MUDRA

About this app

Compare Personal Loans and Credit Cards from Top Banks and NBFCs

Now you can check different offers across banks and apply for new age Personal Loans, Business Loans for all kinds of your financial needs through the MyMudraOne app.
We also provide affiliate links to apply for credit cards and create account on Bond Bazaar.

Who are we?
We are official partners/distributors with the following banks/NBFCs for Loans.
IDFC First Bank Limited, Aditya Birla Finance Limited, L&T Finance Limited.

Steps to Apply for a Personal Loan:

1. Login to the MyMudraOne App
2. Choose the Personal Loan Product
3. Fill in the basic personal details
4. Enter the desired loan amount details
5. We will reach out to you shortly

Steps to Apply for a Business Loan:

1. Login to the MyMudraOne App
2. Choose the Business Loan Product
3. Fill in the basic personal details and Business details
4. Enter the desired loan amount details
5. We will reach out to you shortly



Important Points to consider before applying for a Personal Loan:

* Loan Amount: Minimum 1,000 to Maximum 50 Lakhs
* Repayment Tenure: Minimum 3 Months to Maximum 60 Months
* Rate of Interest / Annual Percentage Rate (APR): Minimum 10.5% to Maximum 30%
* Processing Fees: Rs. 500 to Rs 2.5% of the Loan Amount

Example:

Personal loan of Rs. 5 lakhs at an interest rate of 10.5% for tenure of 5 years, the EMI will be Rs. 10,747. The total payout here would be:

Principal Amount: Rs 5,00,000
Interest Charges (@10.5%): Rs 1,44,817
Loan Processing Fees (@2.5%): Rs 12,500
Documentation charges: Rs 500
Amortization Schedule charges: Rs 200
Total Amount paid after 5 Years: Rs 6,58,017

*Interest rate and processing fees vary as per your product depending on the lender's policy.

Contact Us:

For any assistance or any other details, contact us at:
Email : [e-mail]
Address : 7A/45, 2nd Floor, Ajmal Khan Rd, above Bank of Maharashtra, Block 10, WEA, Karol Bagh, New Delhi, Delhi, 110005