Bueno Gig Growth Technologies Pvt Ltd ("Bueno Finance") is a financial services platform which aims to help improve the financial health of our customers. Bueno Finance acts as a bridge between customers and big Banks/NFBCs and aims towards financial inclusion of the mass customers of the next billion population of India. Through the application, a customer can apply for an instant credit product which also helps the customer to build credit history and get higher ticket loans at lower rates.
In the existing product, the customer journey starts with instant credit, where the customer gets access to upto Rs. 10,000 at 0%-2% interest rate and no other hidden charges. We charge a small processing fee of Rs 200/-. As customers progress in their journey, the customers will get access to big ticket size loans at 15%-24% APR through our partners.
a. Minimum and maximum period of repayment : 2 months minimum to 3 months maximum
b. Maximum APR : 50%
c. Example of costs:
Amount : Rs 10,000
Tenure: 90 days
Service fee: Rs 200
Interest amount : Rs 600 (maximum interest is 2% per month)
APR = (800/10000)*(365/90) = 32%
In the existing product, the customer journey starts with instant credit, where the customer gets access to upto Rs. 10,000 at 0%-2% interest rate and no other hidden charges. We charge a small processing fee of Rs 200/-. As customers progress in their journey, the customers will get access to big ticket size loans at 15%-24% APR through our partners.
a. Minimum and maximum period of repayment : 2 months minimum to 3 months maximum
b. Maximum APR : 50%
c. Example of costs:
Amount : Rs 10,000
Tenure: 90 days
Service fee: Rs 200
Interest amount : Rs 600 (maximum interest is 2% per month)
APR = (800/10000)*(365/90) = 32%
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Whatβs new
1. PayU payment gateway integration for loan repayment.
2. UI and UX improvements.
2. UI and UX improvements.
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Additional information
Updated
12 January 2021
Size
Varies with device
Installs
10,000+
Current Version
3.0.1
Requires Android
5.0 and up
Content rating
Everyone
Permission
Report
Offered By
Bueno Finance