Tradofina Loan App Review: Friends, Are you a Salaried Employee, a small business owner, or a self-employed store owner? Salaried Employees who run out of money in the middle of the month, do not get money in the middle of the month from anywhere. If you are a small business owner or a salaried employee and want money for your business or shop but are not getting it, If you want to take a business loan from the bank, you have to provide many documents. If your business or shop is small, then the bank will not give you a loan. For that, many loan apps online will give you loans. You can easily take loans from those loan apps. Do you want to know about that loan app? The name of the loan app is Small Business Loan Tradofina.
Friends, you can easily take a loan from the Tradofina loan app. But how to take a loan from the Tradofina loan app? What documents are required to get a loan from Tradofina? How much money can be loaned from Tradofina? For how long are the loans available from Tradofina? Everything about Tradofina is discussed below.
Table of Contents
Tradofina Loan App Details (Play Store) | Tradofina Loan App Review
| Key Point of Tradofina Loan App | Play Store Details |
| Name | Small Business Loan: Tradofina |
| Launched | 26- Jun-2020 |
| Application Size | 21 MB |
| Rating | 4.4 Star on Play Store |
| Downloads | 5M+ |
| reviews | 335k |
How Much Loan Amount We Can Get From Tradofina Loan App?
If you want to take a loan from Small Business Loan: Tradofina, you will get three types of loans:
1) If you are self-employed or a small business owner, you will get a loan of up to 10,000 rupees.
2) If you are a salaried employee or a self-employed store owner, you can get a loan of Rs.5,000 to a maximum of Rs.50,000.
3) If your business is big, you will get a business capital loan of up to 1 lakh rupees.
What Is the Tenure (Time Period) of Tradofina Loan?
If you take a loan from Terofina, you will get 3types of loans. Based on your loan amount, you will be given time to repay the loan.
1) Small Business Owners or Self-Employed take a loan from Tradofina and get three months to repay the loan.
2) Self-employed store owners or Salaried employees will get twenty-four months, which means 2 years, time to repay the loan.
3) Business Capital Loan: You will have 24 months to repay the loan.
Tradofina Loan App Interest Rate?
If you take a loan from Tradofina, you will pay an interest rate of 1 percent to 18% every month.
Tradofina Loan App Other Charges?
Processing Fee: While taking a loan from Tradofina, the processing fee ranges from a minimum of 2% to a maximum of 8%.
Tradofina Loan App Review (Loan Examples)
| Nira Loan Amount: | Rs.30,000 |
| Tenure: | 12 Months |
| Processing Fee + GST | (2.5%) Rs.750 |
| Rate of Interest: | 18% per annum |
| Total Interest: | Rs.3,005 |
| EMI: | Rs.2,750 |
| Annual Percentage Rate (APR): | 22.91% |
| Total Amount to be Paid: | Rs. 2,750 x 12Month =Rs.33,000 |
| Total Cost of Loan: | Rs.33,000 |
| Amount Disbursed: | Rs.29,250 ( ₹30,000- ₹750Processing fee= Rs. 29,250) |
Tradofina Loan App Eligibility Criteria
Resident of India.
Age: 21 years old
Income –
1) Salary employee minimum income monthly: Rs. 12,000
2) Small Business owners’ or vendors’ minimum Monthly income is 15000 rupees.
Tradofina Loan App Required Documents?
The documents required to get a loan from Tradofina are discussed below.
- Aadhar card,
- PAN card,
- last 3-month salary slip,
- last 3-month Bank account statement
Tradofina Loan App is safe and secure.
Tradofina Loan App does not share your data with anyone, and they do not encrypt your data. If you want to delete your data from the Tradofina loan app, they will not delete your data.
How to Apply for Personal Loan in Tradofina App Online Full Process Guide in 2023 [ Real or Fake]
How to apply online to get a loan from the Tradofina loan app is discussed below.
Step 1: First, you need to download the Small Business Loan: Tradofina Loan App from the Google Play Store.
Step 2: Then you have to register with your mobile number and verify it with OTP.
Step 3: Then you have to upload your KYC document and check how much money you will get for Small Business Loan: Tradofina loan app.
Step 4: Then you can transfer the loan amount you get directly to your account from the Small Business Loan: Tradofina app.
Why Choose Tradofina Loan App?
4) Tradofina loan approval Online in just 5 minutes
3) Tradofina has low processing fees.
1) Tradofina loan app Instant verification and speedy loan disbursement
3) Tradofina loan amount Easy and Convenient repayment options(Net Banking, UPI, Debit Card, Wallet, Bank Transfer)etc.)
6) Tradofina Loan App: 100% digital approval, RBI-registered NBFC
Tradofina Loan Company Details
Tradofina Loan customer care number – 022 48913684 / 022 50156122.
Tradofina Loan Email – care@tradofina.com
Tradofina Loan Website – https://tradofina.com/
Tradofina Mumbai address – MAHARASHTRA 400002, JSS ROAD, MUMBAI, B 208, RAMJI HOUSE, 30 JAMBULWADI, In India.
Conclusion
Friends I hope that I have shared all the information about the Tradofina Loan App. And you got to know everything about this Tradofina loan app through this post. Now you decide whether to take a loan from here or not. Share this post with your family members and friends so that they don’t get cheated by taking loans from any fake loan apps.
#Disclaimer
Finally, I will say that there are many fake loan applications online, if you verify them, then you will take the loan.
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