Double Salary

Employee financial wellness is an aspect that every company aims to achieve finding the right ways to do so can be challenging.
This is where our Double Salary app comes in by helping employers meet the financial requirements of their employees beyond their salary amount by lending them salary loans or salary advance loans.
Double Salary protects employees from the risk of borrowing loans from unreliable sources or via conventional lengthy and cumbersome process.
Instead, employees can now enjoy unsecured loans online with our technology driven app in just a few clicks.
What is the App for?
In the corporate landscape of today, every employee needs to take control of their financial security first while working in a company.
As employees, all of us look for some kind of financial leverage or financial support that motivates us to give our best for the company.
This is where the Double Salary app comes in.
Providing bonuses, giving advance for salary, holidays and other occasions are great but
what if an employee requires some extra monetary support on an immediate basis to meet their urgent requirements or to deal with unforeseen circumstances?
Double Salary can be termed as a salary advance app or instant personal loan app.
With the use of Double Salary app, employees can enjoy financial leverage and it also help them with free insurance and personal loans.
Employees just have to complete a straightforward 3-step procedure of downloading the app, filling the necessary details and uploading KYC documents, and applying for the loan from within the app itself.
There are no hidden fees and neither are there requirements for large amounts of documentation.
Why Trust Fincharge:
Meeting cash requirements: The app promises to meet all the cash requirements of its users and making it easy for them obtain financial security.
Paperless and entirely app-based procedures: The Double Salary app
streamlines the procedure of applying for loans with its app-based functions that eliminates all requirements for paperwork and documents.
Unsecured personal loans: Employees can enjoy unsecured personal loans
without submitting any collateral or assets against the loans.
Instant Loan (Same-day Approval): With the Double Salary app, you can even obtain same day approval for the loan amount with less hassle than any other conventional method.
No Hidden Charges: You do not need to pay any extra or hidden charges while applying for loan from this app.
Flexible repayment: No burden of loan repayment on the side of the employees eases tension between employer and employees with flexible repayment schedules so that you concentrate on what really matters.
How to Start Using Double Salary App:
Download the app from the Google Store or Apple Store.
Create an account by filling your necessary details.
Submit minimal documents like Aadhar card, PAN card to complete the KYC process.
Please note that without KYC, online transactions cannot be undertaken as per regulatory frameworks of the country
State the loan amount that you want and also the type of loan that you need
Annual Percentage Rate (APR) Calculation:
Personal Loan - 1,00,000
Interest rate - 16%*(on reducing balance method)
Repayment Tenure - 12 months
processing fee of 3% + GST
Final processing fee - 3,000 + 540
Total loan amount - 1,03,540
Amount disbursed - 1,00,000
Monthly EMI = 9,394
Total interest = 9,191
APR 21.97%
Total Repayment amount - 1,12,731
*These numbers are for representation and the final interest rate/fees may vary from one borrower to another depending on his/her credit assessment.
Minimum period for repayment - 6 months
Maximum period for repayment - 60 months
Minimum Annual Percentage Rate (APR) - 18.99%
Maximum Annual Percentage Rate (APR) - 27.6%

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