How To Get Loan From CapitalNow Loan App | CapitalNow Loan App Review

CapitalNow app is a promising new loan application that aims to provide instant loans to users in need of quick financial assistance. With its user-friendly interface and competitive offerings, let’s explore the key features, eligibility criteria, safety measures, and more.

Table of Contents

Is it RBI Approved?

The information available does not specify whether the CapitalNow app is RBI approved. Users are advised to exercise caution and verify the app’s credibility before proceeding with loan applications.

Process:

Simple Application: The CapitalNow app offers a straightforward loan application process, ensuring ease of use for borrowers.
Instant Loan Approval: The app promises instant loan approval, allowing users to access funds quickly to meet their financial requirements.

Documents:

The specific documentation required by the CapitalNow app for loan applications is not mentioned in the provided information. Users are advised to review the app’s terms and conditions for document requirements.

Eligibility:

While the exact eligibility criteria are not disclosed, users typically need to meet certain age and income criteria to qualify for loans through the CapitalNow app.

Features:

Loan Amount Range: The CapitalNow app provides loans ranging from ₹10,000 to ₹1,50,000, catering to various financial needs.
Flexible Tenure: Borrowers can choose a repayment tenure that suits their financial situation, ranging from 62 days to 12 months.
Competitive Interest Rates: The interest rate for loans through the CapitalNow app varies between 24% to 36%, providing borrowers with a competitive borrowing option.

Safety:

Ensuring the safety and security of users’ personal and financial information is crucial for any loan application. Users are advised to verify the safety measures implemented by the CapitalNow app before proceeding with loan applications.

Customer Care Email:

The specific customer care email for the CapitalNow app is not mentioned in the provided information. Users are encouraged to visit the official website or app store page for contact details.

App Permission:

Upon installation, the CapitalNow app may request certain app permissions for seamless functionality, such as accessing contact information, device data, and location (if necessary).

Tenure and Interest Rate with Example:

For instance, if a borrower avails a loan of ₹50,000 with a tenure of 6 months and an interest rate of 30%, the total interest payable would be ₹7,500. The total repayment amount would be ₹57,500.

Publisher:

The information available does not specify the publisher or entity behind the CapitalNow app. Users are advised to research the app’s publisher for credibility and authenticity.

In conclusion, the CapitalNow app presents itself as a convenient solution for those seeking instant loans. With competitive interest rates, a flexible tenure range, and a broad loan amount spectrum, the app aims to cater to diverse financial needs. However, users should exercise caution and thoroughly research the app’s credibility and safety measures before proceeding with loan applications. Always read the terms and conditions carefully to understand the loan terms, interest rates, and any associated charges.