[00:04] interest rate of 14 percent for five years. Today I am going to share an RBI approved instant personal loan has a great feature. You can take it online. Many people are
[00:17] afraid, they have branches in all cities. You can go there and apply if you want. If you have go directly to the branch and inquire about everything. The funds will be credited to your account in just 15
[00:32] very trusted Before going into the details of this, if you are watching the video for the first time, subscribe to the channel. If you
[00:44] your mobile whenever I update the videos. when we take an instant personal loan. We should Play  Read the reviews of the app in the store or app store.
[00:59] address, etc., and verify everything. what kind of loan or personal loan you take, the
[01:12] any loan due, we should pay attention to it. Sometimes it is 18 or 24. If we make the loan due, it is no longer the case. If we make the loan due get a lot of money and it will turn into a good benefit.
[01:25] Take only the amount that we can pay. Now let's understand today's company. This is the RBI's NBFC list.  Inside you will find a Royal Company from 1660. The name of this company is Cholamandalam Investment and Finance Company
[01:37] Limited, which is a very genuine company. focus on loans for many vehicles.  They have also launched an instant personal loan app that provides personal loans. Cholamandalam Investment and Finance
[01:50] understand by now.  It is a very popular company. Welcome to CholaOne, a new personal loan app has been launched. Personal Loan in Just 15 Minutes You
[02:02] can get a personal loan instantly. There are 3.5 lakh happy customers. crores have been given so far. The process is 100 percent online. The main thing is that process is 100 percent online. The main thing is that
[02:18] coming in your account, as well as slips and professional, your registration must be in order, details, funds coming in your account, Aadhaar card, PAN card, all these must
[02:30] employed, you must also have ITR.  They will not have registration.  But you must have all the paperwork for filing your ITR income tax return Cholamandala Investment and Finance Company
[02:44] Limited.  The Chennai- based company is .  Now let's move on to their details.  Let's go straight to the app.  Once you go to the app, you will see here Chola One.
[02:57] The name of the app is Chola One. Chola One is a digital lending app. Cholamandalam Investment and Finance Company Limited. This is an app that has been downloaded by one million 10 lakh people. Now let's go to the full details of the app. How much do we get? This is a company
[03:09] incorporated under the Companies Act of 1978. It Investment and Finance Company Limited offers many types of loans. Similarly, home loans, loans against property, SME loans,
[03:24] stock broking and many other types of services have been started.  They operate 1098 branches in every location across India. That's the biggest advantage: if there's
[03:38] you have someone to contact directly at the office. . They have branches in every city, even yours. .  If you search for your city's name on
[03:50] Okay.  Now let's look at the specifics of the loan .  They provide loans ranging from ₹10,000 to ₹3 lakh .  ₹10,000 to ₹3 lakh.  The interest rate ranges from 14% to 36%
[04:02] . Similarly, processing fees range from four to 6% .  The loan term ranges from three months to 60 months. Similarly, the APR ranges from 14.5 to 45%.  It is a 100% online process.  No
[04:16] You don't need to physically bring anything .  Once you get to the bottom, .  For someone taking out Rs. 3 lakh for 60 months, the RO will be 18%.  APR up to 20.97 7 Charges Amount
[04:33] Rs. 846 Charge only Repayment frequency is monthly Repayment type Principal and interest come together Is eligible for personal loan I said salaried professionals Salaried people
[04:46] Professionals as well as Sole proprietor Business owners etc. Everyone comes under this If we say age, it is available to those who are between 21 years to 65 years Similarly, if it is a new customer, it is given to those who are between 21 and 58 years If it is a
[04:58] new customer, it is given to those who have a minimum household income of Rs. 3 lakhs for a year. If you want a top up home loan, you can take it as well as purchase of resale
[05:13] flats Flats Independent houses As well as purchase of new  There are many types of loans available for buying flats, independent houses, commercial units. They offer home extension loans. They also offer
[05:26] extension loans. They also offer loans that do not require ITR or CIBIL. You can approach Their customer care number is also this phone
[05:39] office address in Chennai is given in the app. This is a professional company with everything. Home loans typically have a maximum tenure of company with everything. Home loans typically have a maximum tenure of
[05:54] give loans up to 30 years. The minimum tenure is for five years. can even apply for a loan for 30 years from them. Cholamandalam is a large company that provides loans of all types know, and the interest rate is good, but the special thing is that we get enough money
[06:09] many of your friends and relatives who don't know any of this.   They know about Cholamandalam, but they probably app and
[06:21] have any friends, relatives, or college students who don't know about this, please share the video with them any difficulties while taking a loan from the loan app, please leave a helpful to others, so please let us know in the comments.  We will be sharing
[06:35] So please share it with your friends. We'll see you tomorrow for another great video .  It's Minish Ronnie signing off bye bye .  It's Minish Ronnie signing off bye bye .  [Music]