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No processing fee for ApnaPaisa personal loan customers

The maximum reimbursable amount during the promotion period is either the processing fee deducted from the disbursement or Rs. 2,500 whichever is lower

July 19, 2012 9:52 IST | India Infoline News Service
Personal loan counters of the banks are abuzz with activity as many customers are enquiring for personal loans to fulfill their long pending requirements.

To give further boost to the segment Apnapaisa.com, an online service provider for financial products like loans and investments, is offering 0% processing fee to its customers on their personal loan applications. This offer is available only for those customers who take loans from Apnapaisa network which extends across India and covers all the leading personal loan lenders active in India.

The process entails: A customer has to apply for his personal loan requirement on ApnaPaisa website. Network partners of Apnapaisa will co-ordinate directly with the customer for finalising the loan disbursement. Once the loan is disbursed—the processing fee which the lender has deducted from the loan disbursed to the customer—will be refunded if the customer has taken the loan through Apnapaisa network.

The maximum reimbursable amount during the promotion period is either the processing fee deducted from the disbursement or Rs. 2,500 whichever is lower. The detailed terms and conditions for the offer are available on the ApnaPaisa website.

This is a limited period offer under the special promotion by Apnapaisa for its personal loan customers. Apnapaisa offer is available in select cities in India only and for Indian residents only.

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