Mobikwik offering loan is it worth it ?

169°
Missing
Deal Cadet
59
231
1

Mobikwik is offering me 90000 pre approved boost loan at 2.36 per month but the catch is the money will come to my wallet is there a way to get it directly in bank because as far as I know wallet to bank transfer costs some percentage of money

So, what do you guys suggest ?

20 Comments  |  
14 Dimers
Missing
Deal Subedar
4
1253
11

First of all 2.36% per month is not worth it.
If you are in that desperate need of money than goto a bank and get personal loan

Missing
Deal Subedar
165
1846
9

Not worth, go for any personal loan, loan on credit card or P2P lending platform.
Check for low interest rates and try for zero processing fee.

Missing
Deal Subedar
57
1212
13

Somewhere in fine print, it’ll be written that you’ll get 90000 in the form of SuperCash smile
Mobikwik is a synonym of “Something Fishy”

Missing
Deal Cadet
59
231
1
tank_u_m8 wrote:

First of all 2.36% per month is not worth it.
If you are in that desperate need of money than goto a bank and get personal loan

not in desperate need i want to take small loans and repay them in 6 months to improve my cibil and credit line so that i can get bigger amount in future .

Missing
Deal Subedar
165
1846
9
Expand
Dealcharmer wrote:

not in desperate need i want to take small loans and repay them in 6 months to improve my cibil and credit line so that i can get bigger amount in future .

Try P2P for short term loans with small amount. Reducing intrest rate.

Missing
Deal Cadet
59
231
1
Expand
dlhntr wrote:

Try P2P for short term loans with small amount. Reducing intrest rate.

Suggest some p2p lenders ??

Missing
Deal Captain
1,603
7032
66

that’s too much rate. they will take additional money to transfer money to the bank. don’t go for it.
get a personal loan if you are in need.

Missing
Deal Subedar
275
1062
9
Expand
Dealcharmer wrote:

not in desperate need i want to take small loans and repay them in 6 months to improve my cibil and credit line so that i can get bigger amount in future .

If you have money and your intent is to improve credit score then this is too costly @ 28-29%. Better take a personal loan or get a credit card against FD if you have sufficient funds.

Missing
Pro Critic
181
4767
139

2.36% per month is a scam. Get a personal loan.

Missing
Deal Lieutenant
0
4240
59
Expand
Dealcharmer wrote:

Suggest some p2p lenders ??

emudra sbi loan?
50k
67××× to be paid back in emi form.

Missing
Deal Cadet
54
386
3
Expand
Dealcharmer wrote:

not in desperate need i want to take small loans and repay them in 6 months to improve my cibil and credit line so that i can get bigger amount in future .

Put a FD, take a credit card with some 50,000 credit limit. Banks do give Credit card against FD. Start using it and repay on time. If you take loan at 2+% rate per month, it’s just not worth for your objective and infact end up messing credit score if you can’t repay that high interest rate

Missing
Deal Subedar
195
2950
40
Expand
161508 wrote:

emudra sbi loan?
50k
67××× to be paid back in emi form.

Can you pm me the process?

Missing
Deal Lieutenant
130
5112
93

2.36 percent per day, yearly yield 32.3% ??? Omg

Missing
Deal Subedar
621
1927
21
Expand
161508 wrote:

emudra sbi loan?
50k
67××× to be paid back in emi form.

My friend wanted a loan sometime back. I went with him to local sbi branch. But these sbi crooks don’t even entertain customers. As if it’s their shop we have entered in. Maybe one odd branch but in my area sbi is pathetic. You can get an idea by the fact that they leave their desk as soon as the clock shows 4 o’clock, even though dozens of people in the line keep requesting, shouting, some pleading, and what not, to withdraw money or send to their son/daughters etc.

Missing
Deal Lieutenant
503
4158
48
Expand
drsa478 wrote:

My friend wanted a loan sometime back. I went with him to local sbi branch. But these sbi crooks don’t even entertain customers. As if it’s their shop we have entered in. Maybe one odd branch but in my area sbi is pathetic. You can get an idea by the fact that they leave their desk as soon as the clock shows 4 o’clock, even though dozens of people in the line keep requesting, shouting, some pleading, and what not, to withdraw money or send to their son/daughters etc.

Welcome to SBI

Missing
Deal Subedar
621
1927
21
Expand
Simbha3 wrote:

Welcome to SBI

I visit SBI once in like 2-3 years. I do everything related to sbi online. That’s a big releaf to stay away from such entities. Hdfc is my main bank. But feel very bad for those poor village people whose blood is sucked by these sbi bas***d clerks and humiliated day in day out. Who have no other option than this pathetic shit in the name of bank and also they don’t know their rights.
I used to visit with my father when I was a kid. Haven’t seen the situation in the past 1-2 years myself but what I hear is not at all promising as usual.

Missing
Deal Cadet
119
180
5

Hdfc insta jumbo loan is giving 1.25lac at 21% reducing intrest,is it lowest or highest roi @Roushh

Missing