MudraKwik - Instant Loan App APK is a finance application developed by Mudrakwik Fintech Pvt. Ltd. It is India's first instant loan software that allows users to apply for loans in a paperless and automated manner using MI/ML technology. The app ensures the security of all transactions through a 256-bit SSL encryption, guaranteeing that your data is transferred over secure connections. Your data is also not shared with any third parties without your consent.With MudraKwik, you have the convenience of accessing loans anytime and anywhere. The app does not require many qualifications to apply for a loan, making it accessible even for those without credit history or a minimum salary. However, you still need to meet certain eligibility criteria, such as being an Indian resident aged 18 to 45 years old with regular monthly income. Once you meet the requirements, you can easily register for an account within the app by providing the necessary information. The application is processed immediately, and if you provide the correct documents and information, your loan can be approved quickly. The disbursement of funds takes only five minutes or less, and the money will be deposited directly into your bank account.MudraKwik offers loan amounts ranging from ₹1,000 to ₹5,00,000, with a short tenure of 75 days and a maximum tenure of 500 days. The interest rate for your loan depends on your risk profile and loan tenure, with a maximum interest rate of 34.6% per annum. It is important to note that the app includes a processing fee, which varies based on your loan amount and tenure, ranging from 2% to 4.3%.Overall, MudraKwik is a highly recommended financial application, especially for those in need of quick and instant money without many qualifications. It provides a convenient and secure loan application process, ensuring the protection of all transactions with advanced encryption tools.
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