Flot : Personal Loan App 4.6.0

Flot offers unsecured personal loans through partnerships with RBI-registered non-banking financial companies (NBFCs), specifically Tycoon Credit and Portfolios Limited. As a platform, Flot emphasizes security in its lending and financial services.

The platform provides digital personal loans ranging from ₹1,000 to ₹99,000, with flexible term options spanning 3 to 12 months. The processing fees are competitive, and the Annual Percentage Rate (APR) is set between 28.8% and 55%.

Flot's service facilitates real-time offers for eligible customers based on income estimation, obligation calculations, and fraud assessments using SMS and device data gathered during the application process. Notably, users are not required to upload personal bank statements or pay slips.

Product Offerings:

• Quick Personal Loan: Access to immediate cash loans.

Cash Loan Features:

• Easy Application: Seamless borrowing process available today.
• Secure Platform: Ensured safety and security throughout transactions.
• 24x7 Digital Access: Full digital experience accessible at any time.
• Loan Range: Amounts from ₹1,000 to ₹99,000.
• Flexible Tenure: Repayment options from 3 to 12 months.
• APR: Ranging from 28.8% to 55%.
• Affordable Fees: Low processing charges applicable.
• Direct Disbursal: Loan amounts are directly credited to registered bank accounts.

Example Loan Calculation:

• Loan Type: Unsecured Personal Loan
• Loan Amount: ₹10,000
• Loan Tenure: 6 Months
• Interest Rate: 2.4% per month
• Processing Fee (6%): ₹600 + GST (18%) = ₹708
• Interest: ₹857
• EMI: ₹1,809
• Total Repayment: ₹11,565 (includes processing fee + GST)
• Aujourd'hui :AAPR: 51.34%

Please note: Interest rates may vary depending on the borrower's risk profile.

Application Process:

1. Install the Flot application.
2. Register using your mobile number.
3. Submit KYC documents and apply for a loan.
4. The loan is typically approved within a few hours.
5. The approved amount is directly transferred to your registered bank account.

Lending Partner Details:

• The loans are facilitated by RBI-licensed NBFCs: Tycoon Credit and Portfolios Limited, accessible at tycooncredit.in.

Contact Information:

• Tyccon Credit Contact:
  A-359 Road, Gautam Buddha Nagar, Sector 19, Noida, Uttar Pradesh 201301 IN
  Email: [email protected]
  Call Us: +91 9310039776
• Flot Contact:
  Address: 905, New Delhi House, 27 Barakhamba Road, Delhi, India - 110001
  Email: [email protected]
  T: +91 9266141822

Addendum:

• The process is fully online and secured with a high customer satisfaction rating.
• User data protection is prioritized through a highly secured and encrypted system.
• Privacy Policy.
• Please review our terms and conditions for more details.
• Visit our website for further information.