SkyLoan
Instant personal loan and salary advance app for salaried professionals.
What's SkyLoan APK?
SkyLoan is a app for Android, It's developed by TITLIS author.
First released on google play in 1 year ago and latest version released in 1 year ago.
This app has 5.6K download times on Google play
This product is an app in Finance category. More infomartion of SkyLoan on google play
Instant personal loan and salary advance app for salaried professionals.
Instant Cash Loans, Personal Loans, Online Loan, Instant Personal Loans
Key features
• Loan amount: PKR 7,000 - PKR 50000
• Loan in just 30 minutes
• Tenure: 3-12 months
• Minimum Annual Percentage Rate (APR): 2%, Maximum APR: 26% (reducing balance)
• 100% digital process
• Minimal paperwork
• No collateral required
• No pre-closure charges
Here’s an example on how loans from SkyLoan work
Example
• Loan amount: PKR 50,000
• Processing fee: PKR 1,770
• Total Loan amount: PKR 51,770
• Interest: 26% p.a. (on reducing principal balance interest calculation)
• Tenure: 12 months
• Your EMI: PKR 4,946
• Total Amount to be paid: PKR 4,946 x 12 = PKR 59,252
• Total interest paid: PKR 59,252 - PKR 51,770 = PKR 7,582
• Total cost of loan: PKR 7,582 + PKR 1,770 = PKR 9,352
👍Eligibility Criteria
• Salaried Individuals
• Above 18 years
📑Documents Required
• PAN
• Aadhaar card
• ID card
📲How to apply?
1. Login to the SkyLoan app.
2. Fill in some basic details and upload few documents.
3. Choose the loan amount and tenure.
4. Get the money transferred to your account in 30 minutes.
Interest rates and other charges
Below is the applicable fees and charges for loan products from SkyLoan :
Charges Amount
Interest rate:Starting PKR 7/day
Processing fee:Up to 3% of the loan amount
Mandate rejection charges:PKR 250 + GST
Pre-closure charges:PKR 0
A penalty is charged only when someone delays their scheduled payment. In addition, GST will be applicable only on the fee components as per Pakistan laws. All the customers are made aware about details regarding fees and charges through the agreement which is shared on their registered email ids, also the customers can access their loan details 24*7 through our App.
Instant Cash Loans, Personal Loans, Online Loan, Instant Personal Loans
Key features
• Loan amount: PKR 7,000 - PKR 50000
• Loan in just 30 minutes
• Tenure: 3-12 months
• Minimum Annual Percentage Rate (APR): 2%, Maximum APR: 26% (reducing balance)
• 100% digital process
• Minimal paperwork
• No collateral required
• No pre-closure charges
Here’s an example on how loans from SkyLoan work
Example
• Loan amount: PKR 50,000
• Processing fee: PKR 1,770
• Total Loan amount: PKR 51,770
• Interest: 26% p.a. (on reducing principal balance interest calculation)
• Tenure: 12 months
• Your EMI: PKR 4,946
• Total Amount to be paid: PKR 4,946 x 12 = PKR 59,252
• Total interest paid: PKR 59,252 - PKR 51,770 = PKR 7,582
• Total cost of loan: PKR 7,582 + PKR 1,770 = PKR 9,352
👍Eligibility Criteria
• Salaried Individuals
• Above 18 years
📑Documents Required
• PAN
• Aadhaar card
• ID card
📲How to apply?
1. Login to the SkyLoan app.
2. Fill in some basic details and upload few documents.
3. Choose the loan amount and tenure.
4. Get the money transferred to your account in 30 minutes.
Interest rates and other charges
Below is the applicable fees and charges for loan products from SkyLoan :
Charges Amount
Interest rate:Starting PKR 7/day
Processing fee:Up to 3% of the loan amount
Mandate rejection charges:PKR 250 + GST
Pre-closure charges:PKR 0
A penalty is charged only when someone delays their scheduled payment. In addition, GST will be applicable only on the fee components as per Pakistan laws. All the customers are made aware about details regarding fees and charges through the agreement which is shared on their registered email ids, also the customers can access their loan details 24*7 through our App.
