Mudrakwik Instant Loan 2022

MudraKwik offers payday loans to the borrowers up to ₹ 5 lakh. The applicant can download the app and apply for an instant loan. The best part of the MudraKwik is that it gives instant loans without seeing the credit history of the borrower, and there is no minimum salary restriction to get an instant cash loan. Once you take the payday loan from MudraKwik, you can repay it in easy EMIs.

• Loan Without Credit History: Most of the time lender sees credit history to entertain any personal loan application, but at MudraKwik, you don't need to show credit history as it approves loan up to ₹ 5 lakh without seeing your credit history.
• Paperless Application Process: All the loan applications at MudraKwik processed digitally, hence there is no human intervention required, and you get a seamless online application experience.
• Pan India Availability:  Whether you live in tier 1 or tier 3 city, you can get instant cash loans from MudraKwik at ease. In contrast to that, some lenders offer their services in some selected cities. 
• No Minimum Salary Criteria: Generally, lenders require minimum salary as a part of their Instant Personal Loan eligibility criteria, but at MudraKwik, there is no such restriction. If a person is salaried, he can avail MudraKwik instant cash loan.

• The applicant should be an Indian resident.
• The age of the applicant should be between 18—45 years.
• The applicant should be a salaried person.
• The applicant should have a regular income.

• PAN Card
• Identity proof – Aadhar Card
• Address proof- Aadhar card/ Voters ID card/Passport/
• Bank details- Account number/ IFSC code/
• Your photo

MudraKwik offers payday loans up to Rs ₹ 1 lakh instantly, but before taking a personal loan, you must calculate your EMIs to plan your repayment conveniently. The best part of the EMI calculator is that you can try different variations until you get satisfied. 

The tool is free and straightforward to use. By entering your loan amount, interest rate, and the desired loan tenure, you can see the results. After entering your details when you hit the calculate button, you will see the number of monthly installments, total interest, and the total amount (Principal loan amount + overall interest). To know more about the EMI calculator, see the example below.

Suppose you take a loan of ₹ 50,000 at an interest rate of 30% p.a for six months from MudraKwik, then the EMI calculator will show you similar results, as shown in the table below.

1. Download the MudraKwik instant personal loan app from the play store.
2. Open the application and register an account.
3. Enter your necessary information and submit your loan application.
4. After getting the approval, the money gets transferred to your bank account within a few minutes.

1. In case of any inconvenience, you can reach out to the MudraKwik customer care in the following ways: 
2. Email: hello@Mudrakwik.com
3. MudraKwik customer care number: +918956039999
4. Address: 509, Stellar Spaces, Kharadi, Pune - 411014