Small Business Loan: Tradofina

Arnold Holdings Ltd

Tradofina Instant Credit Loan App products

About this app

Tradofina provides instant Credit and Small Business loans from RBI-registered NBFC. Tradofina offers an Instant Credit Loan of ₹ 5000 to ₹ 60,000 and APR ranges from 14% to 28% for a tenure of 3 months to 24 months.
Example: Small business owners/self-employed can avail instant credit loan of ₹10,000. The total processing fee is ~8%. The interest rate is 18% p.a for a tenure of 3 months, amount payable is ₹10,450, and APR of the loan will be 27.54%.
Introduction

Tradofina, India's fastest digital credit based personal loan app platform. The app provides instant access to credit by RBI-approved NBFC. Tradofina delivers the fastest personal loan experience with 100% paperless, digital KYC process. Once your loan is approved, the amount is credited into your account in just 5 minutes!

Tradofina Instant Credit Loan App products

Quick Cash - Instant Credit Loan

Tradofina offers an instant personal loan to salaried customers and self-employed store owners. The amount of loan ranges from ₹5000 to ₹60,000 only with PAN, Aadhaar Card for a tenure of 24 months.

Collateral free Small Business Loans

Tradofina offers business capital loan upto ₹1,00,000/- to small business and store owners to meet to run their day to day business activities.

Loans to different type of Priority Sectors

Tradofina also offers loans of up to ₹60,000 to priority sectors, based on RBI definitions. A priority sector loan is provided to women, artisans, small vendors, village and cottage industries, etc.
Top category & Businesses who have benefited and availed instant credit loan from Tradofina
- Instant credit for Kirana Shop, General Store, Grocery Store, Medical Store
- Instant loan for Mobile Recharge and Electronics Shops
- Quick Cash for Bakery, Snacks and Juice Shops
- Instant Cash for Street vendors, Fruits and Vegetable shops

Examples of EMI, Fees, Interest rates for instant credit products offered by Tradofina app
Loan amount (Principal): ₹ 30,000.
Tenure: 12 months.
Interest Rate: 18% per annum.
Processing Fee (incl. GST): ₹ 750 (2.5%).
Total Interest: ₹ 3,005.
EMI: ₹ 2,750.
APR: 22.91%.
Loan amount is ₹ 30,000. Disbursed amount is ₹ 29,250.
Total loan repayment amount is ₹ 33,000.
Total Cost of the Loan = Interest Amount + Processing Fees = ₹3005 + ₹750 = ₹3755.

Eligibility Criteria:
• Minimum age - 21 years
• Minimum income ₹12,000 for salaried & ₹15,000 for Small business/vendors
Documentation:
Tradofina app is a 100% digital loan app; therefore, we don’t require any physical documents!
All you have to do is enter your PAN Card number, upload a digital photocopy of your Aadhaar Card, and click a selfie to avail your instant credit and business loan.
Why Tradofina to avail Instant Credit and Small Business Loan
✔Instant verification and speedy credit disbursement
✔ Fair & Low rate of interest and processing fees
✔ Easy & Convenient repayment options (UPI, Debit Card, Net Banking, Bank Transfer, etc.)
✔ Online personal loan approval in just 5 minutes
✔ No collateral & credit card required
✔100% secured via 256-bit SSL encryption
✔RBI-registered NBFC with 100% digital approval. The NBFC is:
- Arnold Holdings Ltd
How to avail Instant Credit by using Tradofina App
1. Install Tradofina - Instant Credit and Small Business Loan App
2. Register with a mobile number
3. Upload KYC documents and check your personal loan eligibility.
4. Accept the offer and get an instant approval for your loans.
5. Post-approval the loan amount is credited to your account instantly.
Contact us:
Customer Care Number: 022-48913684
Email: [e-mail]
Address: B 208, RAMJI HOUSE, 30 JAMBULWADI, JSS ROAD, MUMBAI, MAHARASHTRA 400002

Ratings and reviews

It's really a harassing app. It's been more than a day firstly they said disbursement not happened due to technical glitch but yet they didn't confirmed when I talked they told give me alternate account number will share on that but yet they have not send any amount. And they texted that money has been disbursed and amount is credited in your account. #Be aware

Superb application I would rate it 10000, beleive me never go an application this good and geniune... @Tradofina Team Great great great work... Beleive me its a geniune revert and I am just amazed by the service Tradofina provides

This is amazing app,they gives more times for money,but my last repayment is delay for 15 days ,I have an emergency situation for that time,Iam admited for hospital in major surgerry,so the delay forrepayment.I have closed the loan,the next time app showing no offers for you,this id cheating,please approve my loan.

What's new

Bug fixes and improvements