AnyTimeLoan peer to peer instant personal loan, How to apply for AnyTimeLoan?, AnyTimeLoan interest rate, fees & charges, eligibility, required documents
AnyTimeLoan (ATL) is an online P2P platform that connects loan-seeking individuals to the lender or loan provider. It provides loans through its partner banks. ATL offers various types of loans such as personal loans, Education loans, Business loans & career advancement loans.
| Loan App Name | AnyTimeLoan |
| Loan Amount | Rs. 1000 to Rs. 10 lakh depending on the type of loan |
| Loan Tenure | 1 day to 3 years |
| Interest Rate | 18% p.a to 54% p.a |
| Processing Fee | Up to 2% of the sanctioned amount |
AnyTimeLoan Products
ATL offers various types of loans, which are discussed below.
Personal Loans
| Type of Loan | Features/Description |
|---|---|
| Personal Loan | This loan is a complete package for your personal requirements. This loan has 3 membership as silver membership, Gold membership & Platinum membership. The loan tenure and amount depend on the membership you have. |
| Loan Amount | For silver membership = The minimum loan amount is Rs. 1000 and the maximum loan amount is Rs. 50000 For Gold membership = The minimum loan amount is Rs. 1000 and the maximum loan amount is Rs. 70000 For Platinum membership = Minimum loan amount is Rs. 1000 and Maximum loan amount is Rs. 100000 |
| Interest Rate | For silver membership = 0.07% to 0.15% per day For Gold membership = 0.05% to 0.1% per day For Platinum membership = 0.05% to 0.1% per day |
| Processing Fee | Up to 2% of the loan amount or Rs. 750 whichever is higher |
| Loan Tenure | 1 to 30 days |
| Extension Fee | 2% of last outstanding or Rs. 1000 (whichever is higher) |
| Penal Charges on default | Rs. 500 per day |
| Default Interest | 0.15% per day |
| Cash Deposit Charges | Rs. 250 |
K12 Education Loans
| Loan Type | Features/Description |
|---|---|
| K12 Education Loan | Instant loan is available from KG to class 12 |
| Loan Tenure | From 6 months to 36 months |
| Processing Fee | 1.5% of the loan amount or Rs.3000 (whichever is higher) |
| Loan Amount | The minimum loan amount is Rs.1000 and the maximum is Rs. 5 lakh |
| Penal Charges on default | Rs. 500 per day |
| Default Interest | 0.15% per day |
| Cash Deposit Charges | Rs. 250 |
MSME Loans
| Loan Type | Features/Description |
|---|---|
| MSME Loan | This loan can be used to meet the expenses of your growing business |
| Loan Amount | Rs. 1000 to Rs. 1000000 |
| Interest Rate | 3% per month |
| Processing Fee | 2% of the Loan amount or Rs.3000 (whichever is higher) |
| Extension Fee | 2% of last outstanding or Rs.3500 (whichever is higher) |
| Penalty on payment default | Rs. 500 per day |
| Default Interest | 0.15% per day |
| Cash Deposit Charges | Rs. 250 |
Features and Benefits of AnyTimeLoan Loan
- ATL loan is completely unsecured.
- The procedure to apply the loan is completely online.
- The loan repayment tenure ranges from 1 day to 36 months.
- ATL offer loan amount ranging from Rs. 1000 to Rs. 10 lakh.
- The interest rate ranges from 18% to 54% depend on the loan product and tenure.
- It has a wide network across India.
- No collateral is required.
- No prepayment charges are applied for personal and education loan, you have to pay interest only on the amount you used.
- Once your loan amount is approved, loan will be disbursed within few minutes.
- No Credit Bureau score is needed, you just need to meet AnyTimeLoan proprietary algorithms.
AnyTimeLoan Eligibility Criteria
- You must be an Indian Citizen.
- Applicant age must be over 18 years.
- Applicant minimum take home salary must be Rs. 18000 per month for cities like Bangalore, Chennai, Delhi NCR, Hyderabad & Secunderabad, Kolkata, Mumbai, Pune and for other cities its Rs. 15000.
Documents Required For AnyTimeLoan
For Salaried Individuals
- PAN Card
- Current address ID proof
- Last 3 months salary slips
- Last 6 months bank statement
- Proof of occupation
- Selfie
For Self Employed
- PAN Card
- Current address proof
- Last 12 months bank statement
- Business address proof
- Proof of business or Business registration on your name
How to Apply For AnyTimeLoan?
The loan application procedure is very simple and fast in ATL. you need to follow the steps below.
- Download AnyTimeLoan mobile app on your phone.
- Sign up to the app by entering your basic details like name, email ID, PAN number.
- Once you log in to the app enter your professional details.
- Now, select your loan type.
- Once you fill in all the details, within few minutes you will know your loan application status.
- If your status is approved, choose your required loan amount, upload the bank details and get the money credited to your bank account directly.
AnyTimeLoan Repayment
It offers various modes of payment. you can use your registered bank account net banking (NEFT, IMPS, UPI) to deposit the loan repayment amount into the given bank details which are managed by AnyTimeLoan.
A/C Name: Luharia Technologies Private Limited
A/C Type: Current A/C
A/C Number: 9512571329
IFSC Code: KKBK0000561
A/C Name: Luharia Technologies Private Limited
A/C Type: Current A/C
A/C Number: 50200020965565
IFSC Code: HDFC0000968
It also offers the other mode to repay your loans like cash and cheque, however, you have to pay penal charges (Rs. 250/- towards cash deposit for Personal loan, K 12 loan, and Rs.1000 towards cash deposit for MSME loans).
AnyTimeLoan Interest Rate, Fees & Charges
| Fee & Charges | Amount Chargeable |
|---|---|
| Interest Rate | 18% p.a to 54% p.a |
| Processing Fee | For personal loan = Up to 2% of the loan amount or Rs. 750 whichever is higher For K12 education loan = 1.5% of the loan amount or Rs.3000 (whichever is higher) For MSME loan 2% of Loan amount or Rs.3000 (whichever is higher) |
| Extension Fee | For personal loan = 2% of last outstanding or Rs. 1000 (whichever is higher) For K12 education loan = 1.5% of loan amount or Rs.3000 (whichever is higher) For MSME loan = 2% of last outstanding or Rs.3500 (whichever is higher) |
| Penal Charges | Rs. 500 per day |
| Default Interest | 0.15% per day |
| Cash deposit charges | Rs. 250 per day for personal & Education loans. for an MSME loan it is Rs. 1000 per day. |
AnyTimeLoan Pros & Cons
| Pros | Cons |
|---|---|
| The loan application process is 100% online | The interest rate is high |
| Various methods of loan repayment | various charges are involved |
| Various types of loan product | charges for offline repayment |
| No collateral required | |
| It provides loans through RBI registered NBFCs | |
| Provide services across India | |
| Loan disbursal within a few minutes | |
| No credit score is required |
Is AnyTimeLoan Safe and Legitimate?
Yes, it is a 100 % legit loan app provider. Moreover, AnyTimeLoan or ATL is the trade name of Luharia Technologies Private Limited, which has a valid license from RBI as NBFC P2P.
Securing customer data for ATL is of utmost importance. therefore it takes all the measures and steps to provide data security.
AnyTimeLoan Customer Care Details
AnyTimeLoan customer care number = 91 9032990000
AnyTimeLoan customer care email ID = Info@anytimeloan.in
Conclusion
AnyTimeLoan offer various types of loans like personal loan, education loan, MSME loan to customers.
There may be various fees and charges involved in the loan. you need to calculate the loan repayment amount including all the fees and charges. this will help you to decide if you actually need the loan or not.
If you need a loan urgently, check the time the lender is taking to disburse the loan amount. In case you are not satisfied with the lender, you can switch to other loan providers as well.
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FAQs
AnyTimeLoan customer care number = 91 9032990000
Once your loan is approved and you meet ATL criteria, the loan will be disbursed within a few minutes.
There are silver membership, Gold membership, and platinum membership for ATL personal loans.
You do not have to pay any foreclosure charges for Personal / Education loans. However, you have to pay 2% of the outstanding principal amount as penal charges for MSME loans.
