BetterPlace Money: Financial Services Platform Review
BetterPlace Money, developed by BetterPlace Safety Solutions Pvt Ltd, is a financial services platform dedicated to enhancing the financial well-being of frontline workers in India. Acting as a facilitator between frontline workers and major Banks/NBFCs, BetterPlace Money streamlines the loan access process for the next billion population in India. Currently, the platform offers access to loans from NDX P2P Private Limited (Liquiloans).
Users can apply for instant cash personal loans of up to Rs 25,000 at an interest rate ranging from 1% to 3%, with transparent processing fees ranging from Rs 200 to Rs 600 (excluding GST). The repayment tenure for loans extends from a minimum of 3 months to a maximum of 6 months, with an annual percentage rate (APR) varying between 20% to 50%.
User reviews about BetterPlace Money
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