TrustRoot Loan
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About this app
About TrustRoot Loan
TrustRoot Loan connects users with a registered NBFC - Charumati Finance Private Limited, a non-banking financial company registered with the Reserve Bank of India (RBI) for quick and easy access to credit. Instant personal loans are provided through a secure, 100% digital and paperless platform.
Core Loan Parameters
Loan amount: ₹5,000 - ₹1,00,000
Tenure: 91-365 days
Maximum Annual Percentage Rate (APR): 18.25%
Processing fee: 1%-3%
GST: 18%
Assume you request ₹50,000 for 180 days at the maximum APR.
Processing fee = ₹50,000 * 1% = ₹500
GST on the fee = ₹500 * 18% = ₹90
Processing fee and GST are deducted at the time of loan disbursement.
Amount credited to you = ₹50,000 – ₹500 – ₹90 = ₹49,410
Interest = ₹50,000 × 18.25% × (180 ÷ 365) = ₹4,500
Total repayment = Principal + Interest= ₹50,000 + ₹4,500 = ₹54,500
Eligibility Criteria for TrustRoot Loan App
You must be an Indian citizen aged 18 or above, with a valid PAN card.
You need to have a personal bank account.
You must have a stable monthly personal income source.
How to Apply for a Credit Line in the TrustRoot Loan App
Download and install the TrustRoot Loan app.
Accept the terms and conditions of TrustRoot Loan, then specify the amount you need for this application.
Once your credit is approved, the funds will be transferred to your bank account instantly.
Contact Us
Email: support@trustrootloan.com
TrustRoot Loan connects users with a registered NBFC - Charumati Finance Private Limited, a non-banking financial company registered with the Reserve Bank of India (RBI) for quick and easy access to credit. Instant personal loans are provided through a secure, 100% digital and paperless platform.
Core Loan Parameters
Loan amount: ₹5,000 - ₹1,00,000
Tenure: 91-365 days
Maximum Annual Percentage Rate (APR): 18.25%
Processing fee: 1%-3%
GST: 18%
Assume you request ₹50,000 for 180 days at the maximum APR.
Processing fee = ₹50,000 * 1% = ₹500
GST on the fee = ₹500 * 18% = ₹90
Processing fee and GST are deducted at the time of loan disbursement.
Amount credited to you = ₹50,000 – ₹500 – ₹90 = ₹49,410
Interest = ₹50,000 × 18.25% × (180 ÷ 365) = ₹4,500
Total repayment = Principal + Interest= ₹50,000 + ₹4,500 = ₹54,500
Eligibility Criteria for TrustRoot Loan App
You must be an Indian citizen aged 18 or above, with a valid PAN card.
You need to have a personal bank account.
You must have a stable monthly personal income source.
How to Apply for a Credit Line in the TrustRoot Loan App
Download and install the TrustRoot Loan app.
Accept the terms and conditions of TrustRoot Loan, then specify the amount you need for this application.
Once your credit is approved, the funds will be transferred to your bank account instantly.
Contact Us
Email: support@trustrootloan.com
Updated on
Safety starts with understanding how developers collect and share your data. Data privacy and security practices may vary based on your use, region, and age. The developer provided this information and may update it over time.
No data shared with third parties
Learn more about how developers declare sharing
This app may collect these data types
Location, Personal info and 4 others
Data is encrypted in transit
You can request that data be deleted
What’s new
Get an instant loan with TrustRoot Loan.
App support
About the developer
SHIVAPARK FINANCE PRIVATE LIMITED
shivaparkfinance@gmail.com
PL NO 14 AND 18 B FIRST FLOOR F NO 104 PRESS ENCLAVE PART II
VI KASNGR UTTAM NGR
New Delhi, Delhi 110059
India
+91 93010 31905
