SmartCoin App Loan: Get Instant Loan from ₹1,000 to ₹5,00,000, Know Complete Process

SmartCoin App is a Non-Banking Financial Institution (NBFC) approved personal loan application that provides quick and easy loans from ₹1,000 to ₹5,00,000 for the earning class and small scale industries.

Key Features of SmartCoin App Loan

1. Loan Amount: ₹1,000 to ₹5,00,000
2. Loan Tenure: 3 to 36 months
3. Interest Rate: 20% to 36% (Depending on Eligibility and Loan Amount)
4. Processing Fee: 2% to 5% of loan amount
5. Loan Approval Time: Approval in 24 hours to 72 hours
6. EMI Option: EMI payment through Auto-Debit/UPI
7. 100% Online Process: No physical visit required for loan

Eligibility Criteria for SmartCoin App Loan

Age:

• Age should be 21 to 55 years to apply for the loan.
  

Minimum Monthly Income:

• For Salaried: Monthly income of ₹15,000 or more
  
• For Self-Employed: Annual Income ₹1.5 lakh or more
  

CIBIL Score:

• A minimum CIBIL score of 650 or above is required.
  

Savings Bank Account:

• An active bank account is required for salary/business transactions.
  

Mobile Number:

• Must have mobile number linked with Aadhaar card.

Documents Required for SmartCoin App Loan

Identity Proof (Identity Proof):

• Aadhaar Card
  
• PAN Card (Optional)
  
• Driving License/Water ID
  

Address Proof:

• Electricity/water bill
  
• Ration Card/Passport
  

Income Proof:

• Last 3 Months Salary Slip for Salaried
  
• Last 6 months bank statement for self-employed
  
• ITR (for last 2 years)
  

Bank Account Information:

• Bank passbook or last 6 months statement
  

Photo:

• 2 recent passport size photos

Online Loan Application Process through SmartCoin App

Steps for Loan through SmartCoin App:

1. Download the SmartCoin app:
   
   • Download SmartCoin App from Google Play Store.
     
2. Complete Registration and KYC:
   
   • Enter your mobile number and verify through OTP.
     
   • Upload Aadhaar Card, PAN Card and required documents.
     
3. Select Loan Amount and Term:
   
   • Select the loan amount (₹1,000 to ₹5,00,000) and tenure (3 to 36 months) as per your requirement.
     
4. Upload documents:
   
   • Upload proof of income and bank statement.
     
   • Complete the e-KYC process.
     
5. Loan Sanction and Disbursement:
   
   • The loan will be approved in 24 to 72 hours and the amount will be deposited directly into the bank account.
     

SmartCoin App Loan Amount, Interest & EMI Calculation

Loan amount	period	Interest rate	EMI (approx.)	Total payment
₹10,000	6 months	24%	₹1,850	₹11,100
₹50,000	12 months	25%	₹4,850	₹58,200
₹1,00,000	18 months	26%	₹6,500	₹1,17,000
₹2,00,000	24 months	28%	₹9,770	₹2,34,480
₹5,00,000	36 months	30%	₹18,200	₹6,55,200

SmartCoin App EMI Payment Options for SmartCoin Loan

• Auto Debit: Your EMI will be auto-debited on a specific date.
• UPI / Net Banking: UPI and Net Banking option available for EMI payment.
• Payment through NEFT/IMPS: EMI payment through manual transfer.

Important Points to Note for SmartCoin App Loan

1. Maintain CIBIL Score: A good CIBIL score leads to faster loan approval.
2. Make loan repayments on time: Modal payments can lead to penalties and impact on CIBIL score.
3. Keep necessary documents available: Keep e-KYC and bank account details available anytime.
4. Update EMI Mode Timely: Maintain sufficient funds in bank account for auto-debit.

SmartCoin App Customer Support

• SmartCoin Helpline: 080-6904-0904
• Email: support@smartcoin.co.in

Conclusion:

SmartCoin App is the best option for those who want to apply for an instant personal loan. Getting loans from ₹1,000 to ₹5,00,000 is now easy with 100% online processing, fast approval and flexible EMI repayment.