Money bro

JMJ Fintech Ltd

About this app

# Money bro – Digital Lending App by JMJ Fintech Limited

Money bro is a digital lending application offered by JMJ Fintech Limited, a Non-Banking Financial Company (NBFC) registered with the Reserve Bank of India (RBI).

The app enables eligible salaried individuals to apply for Salary Loans, Payday Loans and Personal Loans through a digital application process. Loan applications are subject to customer verification, eligibility assessment, credit evaluation and approval in accordance with the lending policies of JMJ Fintech Limited.

Loan proceeds, if approved, are disbursed to the borrower's registered bank account.

## Loan Purpose

Loans obtained through Money bro may be used for personal financial requirements such as:

* Medical expenses
* Education expenses
* Household expenses
* Travel
* Shopping
* Other personal financial needs

## App Features

✔️ Digital Loan Application – Apply for a loan through the mobile application.

✔️ Online Document Submission – Upload the required KYC and supporting documents digitally.

✔️ Paperless Processing – Complete the application and document submission electronically.

✔️ Transparent Loan Details – Applicable interest rates, fees, charges and repayment information are displayed before loan acceptance.

✔️ Loan Options – Eligible applicants may select from the available loan amounts and repayment tenures offered to them.

✔️ UPI Repayment Support – Make repayments using supported UPI payment methods.

✔️ Loan Status Tracking – Track the progress of your loan application within the app.

## Loan Details

### Loan Amount: ₹5,000 to ₹50,000*

### Loan Tenure: 62 days onwards*

### Interest Rate: Starts from 0.05% to 0.2% Per day*

### Annual Percentage Rate (APR): up to 120%*

### Processing Fee: Starts from 2% + GST Onwards

### No Hidden Charges


## Representative Loan Example
If you borrow ₹20,000 for 90 days at an interest rate of 0.05% per day:

* Loan Amount: ₹20,000
* Interest: ₹900
* Processing Fee: ₹400
* GST On Fee: ₹72
* APR: 32.00%
* Total Repayment Amount: ₹20,900 (Excluding payment gateway charges)

Actual loan amount, tenure, interest rate, fees and approval are determined after verification, eligibility assessment and credit evaluation. The above example is provided for illustration purposes only.

## Eligibility

Applicants must satisfy the applicable eligibility criteria, including:

* Indian Citizen
* 21 years of age or above
* Salaried Employee
* Valid Aadhaar Card
* Valid PAN Card
* Savings Bank Account
* Good CIBIL Score

Submission of an application does not guarantee loan approval.

## Application Process
1. Download and install the Money bro application.
2. Register using your mobile number.
3. Enter your PAN details.
4. Complete KYC verification.
5. Upload the required documents.
6. Select an available loan amount and repayment tenure.
7. Add your bank account details.
8. Submit your loan application after review, and receive funds directly into your bank account

## App Permissions
Financial SMS
Camera
Storage
Location
Installed Apps
Contacts
Device Information


## Availability
Money bro currently serves eligible customers in selected cities and states across India.

## All major cities in India

Availability may change based on business and regulatory requirements.

## Developer Information

Website:
https://web.moneybro.in/onboard

Email:
[[e-mail]](mailto:[e-mail])

Address:

JMJ Fintech Limited

Shop No. 3, 1st Floor,
Adhi Vinayaga Complex,
Ganapathy,
Coimbatore North,
Tamil Nadu – 641006

What’s new

Improved functionality and optimized app flow for a smoother user experience.