Tradofina is an RBI-registered NBFC that offers instant credit and small business loans through a fully digital, paperless process. Designed to meet the urgent financial needs of salaried individuals, self-employed professionals, and small business owners, it provides quick and convenient access to funds.
Loan Products Offered
Tradofina provides two main types of loans:
- Instant Credit Loan: Ranging from ₹5,000 to ₹60,000, with tenures from 3 to 24 months and APR between 14% to 28%.
- Small Business Loan: Collateral-free loans up to ₹1,00,000 to support daily business operations.
Example Calculation
For a loan amount of ₹10,000 with a tenure of 3 months at 18% p.a. interest:
- Processing Fee: ~8%
- Total Payable: ₹10,450
- APR: 27.54%
Eligibility Criteria
- Minimum Age: 21 years
- Minimum Income: ₹12,000 for salaried individuals; ₹15,000 for small business owners and vendors
Documentation
The process is 100% digital. Applicants need to provide:
- PAN Card details
- Aadhaar Card copy
- A selfie for verification
Key Benefits
- Instant verification and disbursement
- Competitive interest rates and processing fees
- Multiple repayment options (UPI, debit card, net banking, etc.)
- No collateral or credit card required
- Secure 256-bit SSL encryption
How to Apply
1. Download the Tradofina app
2. Register using your mobile number
3. Upload KYC documents and check eligibility
4. Accept the loan offer
5. Receive funds instantly upon approval
Contact Information
Customer Care: 022-48913684
Email: [email protected]
Address: B 208, Ramji House, 30 Jambulwadi, JSS Road, Mumbai, Maharashtra 400002
