--- title: 'Personal Loan Explained: Complete Details for 2026' source: 'https://youtube.com/watch?v=hfWsWJ0fsy8' video_id: 'hfWsWJ0fsy8' date: 2026-07-31 duration_sec: 329 --- # Personal Loan Explained: Complete Details for 2026 > Source: [Personal Loan Explained: Complete Details for 2026](https://youtube.com/watch?v=hfWsWJ0fsy8) ## Summary This video provides an overview of an RBI-approved personal loan app offered by Comerio Leasing and Financials Private Limited, a Delhi-based NBFC. It covers key loan terms like interest rates, eligibility, repayment options, and warns viewers about the dangers of borrowing recklessly. The host also shares tips on how to apply and emphasizes the importance of repaying on time. ### Key Points - **Loan app introduction** [00:07] — The video introduces an RBI-approved loan app that allows users to borrow money easily for long durations without much hassle. - **Company details** [00:24] — The loan is provided by Comerio Leasing and Financials Private Limited, a Delhi-based company describing itself as the 1740th registered NBFC. Their CIN number and other details are shown. - **Loan amount and interest rate** [00:37] — Loan amounts range from Rs 3,000 to Rs 1 lakh, and the monthly interest rate is 0.5% per month. - **Repayment and APR** [01:04] — There is no prepayment charge. The APR ranges from 15% to 35%. The loan is available to people with a salary of Rs 45,000 or above. - **How to apply** [01:32] — To apply, visit the company's website and click the 'Apply Now Here' button. The company is also referred to as Express Loan, and a customer care number is provided. - **Trust indicators** [01:46] — The company claims 50,000 loans approved, 25 years of trusted experience, and more than 10,000 satisfied customers. - **Application steps and contact info** [02:14] — The video mentions that the first step is submitting an application. The company is located in Noida, Uttar Pradesh, with contact hours Monday to Saturday from 9:30 AM to 6:30 PM. - **Warning on non-repayment** [03:25] — If you don't repay on time, heavy penalties and 'blade interest' apply. The host advises borrowing only if you are confident you can repay. - **Comparison and penalty escalation** [04:05] — Like other companies such as Bajaj Fin Servis, interest rates increase after missed payments and additional charges like check bounce fees are added. - **Final advice** [04:47] — Never invest in or borrow an amount you cannot afford to pay back. The video ends with a request for comments and a promise of more loan app videos. ### Conclusion The video demystifies a specific personal loan app but stresses responsible borrowing. Always read the loan document carefully and only take loans you can repay to avoid escalating penalties. ## Transcript loan app. It is RBI approved and we can get a good amount very easily get anything for a long time. This is one such loan app . Before going into the details, if this is . If you click the bell button next to it, you will good company. First of all, let's Comerio Leasing and Financials Private Limited, a Delhi- based company. It is the 1740th Royal NBFC. their CN number and details are given here. Let's go into the details of the loan app. Their amount ranges from Rs 3000 to Rs 1 lakh. The interest rate is only 0.5 per month. This is because they are monthly days. There are it is a program that can be taken out quickly and paid back later. Just Money. There is no program in our country where we borrow from someone and pay it back quickly. There is no prepayment charge. Similarly, the APR is 15 percent to 35 percent. It is APR is 15 percent to 35 percent. It is available to people with a salary of 45,000 or above. People with small amounts thing. There should be that much. So LM is RBI approved. go to their website and click the button that says "Apply Now Here." name of their company is Express Loan. Express You can call this number and see. . Similarly, you can see here that 50K loans have been approved. That means that many loans have been given out . It is a trusted expertise for 25 years. They also have 10K plus satisfied customers. the steps are given in the same way, first submit the application. Then there first submit the application. Then there things related to prepayment have been given, and again, the RBI's approval has been Say the name of the company again. Comerio Leasing and Financial Private Limited is located in Noida, Uttar Pradesh. The contact number is here. The timings are Monday to Saturday from 9:30 AM to 6:30 PM . Similarly, some information related to RBI . Now, if you go to the website of this company called Komerio Leasing Private Limited Financials Private Limited, you will site of an NBFC. There will be nothing else inside. It's all about how they give loans. can direct it there. Similarly, they provided with contact addresses and details. So we have many instant personal loan apps like this. This is the first time I've monthly, yearly, and so on. We can give in various ways pay attention to here is that if we don't repay the loans we buy on these days, . We buy a kind of blade money, some people pay blade interest. So, 's a good interest rate. We should only borrow from this if we can repay it. If we feel like we can't repay it, ignore it even if we are sure it will happen. Never take it. We shouldn't wait to create a problem after taking out a loan . I can't afford to take out a loan and repay it. They charge interest on it and then charge it again. You know about Bajaj Fin Servis. The . Once they have made continuous repayments, they will increase Then there's no point in us going and saying that these people are 18% of the people what's stated in their loan document. Once we make the loan pending, the charges will increase. There will be a check bounce charge. Similarly, once this notch becomes mandatory, . Interest rates will increase. All of this will And no matter what we say, it doesn't matter to us . That's how they've been . You will continue to receive loans at a low interest rate until the loan is paid off properly. low interest rate until the loan is paid off properly. You should never invest in any program with an amount that you cannot afford to pay . Now, after you have taken many applications, it will show you that the loan has been approved. If we click, we will get a loan. If we So can give something in times of need. So, we will be sharing a lot of information about loan apps in the videos in the coming days colleagues, please send them some . If you haven't subscribed to the channel yet, please suggestions in the comment box . We'll see you tomorrow for another great video. Is mean Shoni signing of bye bye.