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Choice Money App vVARY

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About this app

Choice Money App - MSME Business Loan

The Choice Money App allows users to apply for MSME business loan. Now, experience the convenience of our services available anywhere, anytime with our easy-to-use android mobile app.

πŸ‘‰ Following are the features and benefits of seeking MSME business loan from us:
βœ”οΈ Avail loan amount starting from Rs. 50,000.00 (Fifty thousand) to Rs. 25,00,000.00 (twenty-Five lakhs)
βœ”οΈ We offer attractive interest rates, and is up to 36% per Annum
βœ”οΈ Flexible loan repayment tenure ranging from 12 months to 84 months
βœ”οΈ Completely digital loan application process
βœ”οΈ Loan facility available at far flung locations
βœ”οΈ Instant approval and fast disbursement to your bank account
βœ”οΈ Assisted mode for onboarding journey

How to apply for MSME business loan:
βœ”οΈ Download Choice Money App
βœ”οΈ Provide your details and check eligibility
βœ”οΈ Complete your KYC and documentation
βœ”οΈ Get loan amount disbursed in your bank account promptly

πŸ‘‰ An illustration on β€œHow the loan modalities work?” as below:
For Example,
πŸ‘‰ If, Loan Amount: Rs. 1,00,000.00 | Tenure: 12 Months | Rate of Interest (ROI): 20% | Processing Fee: 1.0%
πŸ‘‰ Then, Processing Fee Amount: Rs. 1,000.00 | EMI: Rs. 9,263.00
πŸ‘‰ Therefore, Total Interest Payable: 9,263.00 x 12 (months) – 1,00,000.00 (principal amount) = Rs. 11,161.00
πŸ‘‰ Total Amount repaid after 12 months will be Rs. 1,12,161.00 at an APR of 21.21%.

πŸ‘‰πŸ‘‰ These numbers are for representation purpose only. Actual interest rate, processing fee, and APR will depend upon customer’s credit assessment and other factors.

Version Information

Version
-
Downloads
10K+
Updated on
-
Released
Dec 14, 2025
Requires
Android Varies with device

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