(Fast Paisa Loan): App SIM
This link opens the official Google Play listing.
Summary
(Fast Paisa Loan): App SIM is an Android app in the Finance category from Bekti Devs, available on Google Play.
(Fast Paisa Loan): App SIM is an independent, unofficial Android app that provides a loan simulation, calculator and guide about short-term and personal loan costs in India: per-day interest, reducing vs flat rates, processing fees, GST and APR.
About this app
(Fast Paisa Loan): App SIM is an independent, unofficial Android app: a loan simulation, calculator and complete guide about short-term and personal loan costs in India — per-day interest, reducing versus flat rates, processing fees, GST and APR.
What the app does
- Runs a loan simulation on figures you type in, so the size of a borrowing decision is visible before you commit.
- Works as a calculator for the arithmetic an offer screen leaves you to do yourself: per-day interest, reducing versus flat rates, processing fees, GST and APR.
- Serves as a complete guide to short-term and personal loan costs in India, in plain English rather than lender language.
What it does not do
The app does not offer loans and cannot be used to apply for a loan. It does not process applications, disburse funds, check application status, or access any account. No account, no login, no personal data. It is not an official representative of Fast Paise and is not affiliated with, endorsed by, or connected to Fast Paise, and it does not represent the Reserve Bank of India or any other government body. Brand names appear descriptively only. The app never asks for an Aadhaar number, a PAN, a bank account number, a password or an OTP.
Key facts about the programme
- A per-day rate looks small because of its unit: multiply it by 365 for the annualised figure worth comparing.
- A processing fee attracts GST and is usually deducted before disbursal, so the cash in hand is less than the amount interest is charged on.
- APR annualises interest and charges together, which is what makes two offers comparable.
All figures are estimates for planning only; always confirm the actual terms with Fast Paise directly. For the rules that apply to lenders in India, the official source is the Reserve Bank of India at https://www.rbi.org.in. Not financial, tax or legal advice.
What's new
- Bug fixes and performance improvements.
App information
| Updated | |
|---|---|
| Downloads | 50+ |
| Package ID | com.loans.fastpaisaloan |
| Content rating | Everyone |
| Price | Free |
| Developer | Bekti Devs |
| Category | Finance |
| Google Play | View on Google Play |
Frequently asked questions
Is this the official Fast Paise app?
Can I apply for a loan inside the app?
Does the app need an account or my personal details?
Are the figures a quotation of what I will pay?
What does the app actually cover?
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