Table Of Contents
Latest update [menu]
Version 7.4.6 updated.
Description [menu]
NIRA partners with various RBI regulated NBFCs/Banks to facilitate loans for salaried people.
Important Things to Note About NIRA Loan App
Loan Amount: Rs 5,000 to Rs 1,00,000
Minimum Annual Percentage Rate (APR): 24%, Maximum Annual Percentage Rate: 36% (reducing balance)
Minimum repayment period: 91 days, Maximum repayment period: 24 months
Processing Fees: Max (₹350 + GST, Up to 2%-7% of loan amount plus GST)
Prepayment Fees: Zero within 7 days of disbursal, 4% of prepayment amount thereafter
Late fee: In case overdue exceeds 30 days, you'll be charged Rs.500. Maximum late fee charged would be Rs.1000 if overdue exceeds 90 days. Your bank may also levy charges in case of a bounce.
A representative example of the total cost of the loan:
✔ Amount Borrowed (Principal) = ₹14,999/-
✔ Interest Rate (APR) = 36% (on Reducing Principal Balance interest calculation)
✔ Tenure = 6 months
✔ Processing Fee (incl. GST) = ₹826
✔ Amount disbursed = ₹14,173
✔ Your EMI amount = ₹2769 (based on PMT method, sample monthly payment)
✔ Interest amount = ₹2769 x 6 - ₹14999 = ₹1614(sample interest calculation)
✔ Late Fee = ₹0 if paid on time
✔ Total Cost of Loan = Processing Fee + Interest Amount + Late Fee = ₹826 + ₹1614= ₹2440
✔ Principal repayment amount = ₹14,999/- (same as amount borrowed)
✔ Total repayment amount = Principal repayment amount + Interest Amount + Fee = ₹14,999 + ₹1614 + ₹0 = ₹16,613
We have the following NBFCs as our lending partners:
Muthoot Finance Limited
IIFL Finance Limited
HDB Financial Services Limited
Mamta Projects (P) Ltd
NDX P2P Private Limited (Nbfc - P2P)
Northern Arc Capital Limited
Why should you download the NIRA Loan App?
1. Repay in EMIs of 3 to 24 months
2. Get money in bank account in 24 hrs
Eligibility:
1. Min salary of Rs.12,000 per month
2. Age between 22-59 years
Responsible Lending
Our policies and services are regulated via our lending partners and legally compliant. We are a member of Digital Lenders Association of India http://bit.ly/DLAI_Mem and adhere to the DLAI code of conduct http://bit.ly/DLAI_C
For users more comfortable with Hindi :-
💥 NIRA se aapko mil sakta hai Personal Loan Rs.5000 se Rs.1,00,000 tak . Bas Personal Loan App Download kare kuch details dalen, documents upload karen aur payein loan, approval ke 24-48 ghanton mein.100% digital loan application process. 💥
Steps for availing an Instant Personal Loan from NIRA :
1. Fill quick application form on our app. Receive loan approval decision on qualification instantly.
2. Once you qualify, upload
3 months bank statements, Aadhaar card, e-sign your loan agreement in our Aadhar Card Loan App
PAN card
Selfie
3. Get instant cash in your bank a/c and Money tap away
Our Instant Loans are safe:
Your data is transferred over a secure connection, and we do not share it with anyone without your consent. All the transactions are secured via a 256-bit SSL encryption.
Our app requires some permissions to provide you a loan in a fast and easy manner.We need access to your User Account data such as name and email to auto fill your application and help you login. We also need access to your financial sms to enrich credit profile, auto read otp and give the best instant personal loan. We need access to your location to verify your address. We require permission to access your contacts to get references for your loan application. For easy upload of documents in the app, we require access to Camera and Photo Gallery. We also need access to your device info to prevent misuse by any other individual. To understand how we collect and use your data in detail, please read our privacy policy https://nirafinance.com/privacy-policy
Our collections code of conduct is here: http://bit.ly/NIRA_Collections
You may write to us at [email protected].
Our office is located at - NIRA, 2nd floor, UrbanVault Indiranagar, 2024, 16th Main Rd, HAL 2nd Stage, Kodihalli, Bengaluru, Karnataka 560008
How to install NIRA Instant Personal Loan App APK for Android [menu]
Download NIRA Instant Personal Loan App APK file (com.nirafinance.customer_338_35088458.zip) from SameAPK.com, then follow these steps:
Update Phone Settings
- Go to your phone Settings page
- Tap Security or Applications (varies with device)
- Check the Unknown Sources box
- Confirm with OK
Go to Downloads
- Open Downloads on your device by going to My Files or Files
- Download Split APKs Installer (SAI)
- Download and unzip file you already downloaded (com.nirafinance.customer_338_35088458.zip)
- Open Split APKs Installer and follow steps on this app.
- Tap Install when prompted, the APK file you downloaded will be installed on your device.
How to install NIRA Instant Personal Loan App APK on Windows 7/8/10 or MAC PC? [menu]
Download NIRA Instant Personal Loan App APK file(com.nirafinance.customer_338_35088458.zip) from SameAPK.com to your PC (ex: /Users/xxx/Downloads/(com.nirafinance.customer_338_35088458.zip)), then follow these steps:
Using Emulator:
- Download And Install one Emulator Softwares (Ex: Bluestacks, GenyMotion, NoxPlayer)
- Download and unzip file com.nirafinance.customer_338_35088458.zip.
- Using ADB or Split APKs Installer same as install for Android.
NIRA Instant Personal Loan App APK Pros & Cons [menu]
Pros
- This app is safe, it's not require high risk permissions
- Compatible with 32 bit device (most Emulator using 32bit arch CPU)
- Compatible with 64-bit device (some android device and current Bluestacks)
Cons
Everything is good.
