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Introduction:
DosLease is a leading digital lending app operated by DOSLEASE & FINANCE PVT LTD, a registered Non-Banking Financial Company (NBFC) authorized by the Reserve Bank of India (RBI). With a focus on providing instant loans with hassle-free processing, DosLease offers a wide range of loan products to meet your financial needs. Whether it’s for emergencies, personal expenses, or fulfilling your dreams, DosLease is here to support you.
Is DosLease RBI Approved?
DosLease operates as an authorized NBFC approved by the RBI. This ensures that the platform follows the regulations set by the central bank, providing users with a safe and reliable borrowing experience.
Loan Application Process:
Applying for a loan through DosLease is quick and convenient. Here’s how you can get started:
- Download the DosLease app from the Play Store or App Store.
- Register an account by providing your personal information.
- Complete the required KYC (Know Your Customer) verification.
- Select the loan product that suits your needs.
- Provide the necessary documents, such as Aadhaar card, PAN card, bank statements, and proof of address.
- Submit your loan application.
- Once approved, the loan amount will be disbursed directly into your bank account.
Loan Products and Features:
DosLease offers a range of loan products with attractive features to cater to different requirements. Here are some key features:
- Instant Loans: Access instant loans anytime, anywhere, eliminating the need for lengthy paperwork and traditional loan processing.
- EMI Flexibility: Repay your loan conveniently through equated monthly installments (EMIs) that fit your budget.
- Transparent Process: DosLease maintains transparency throughout the loan application and repayment process, ensuring no hidden charges or surprises.
- Flexible Tenure: Choose a repayment tenure that suits your financial situation, ranging from a few months to a year.
- Competitive Interest Rates: Benefit from competitive interest rates based on your profile and loan product.
- Loan Top-up: Once you have a good repayment history, DosLease offers the option to top up your existing loan or apply for a new one.
- Bonus Rewards: As you continue to use DosLease and maintain a good repayment record, you can unlock bonus rewards and higher credit limits.
Loan Amount and Interest Rates:
DosLease provides loans with the following specifications:
- Loan Amount: ₹1,000 to ₹50,000
- Tenure: 3 months to 12 months
- Annual Percentage Rate (APR): 8% to 24%
- Annual Interest Rate: 10% to 24%
- Processing Fee: 1% to 6%
Loan Example:
- Let’s consider an example to understand the cost of a DosLease loan:
- Total Loan Amount: ₹30,000.00
- Tenure: 6 months
- Processing Fee: ₹900.00 (3%)
- GST (on Processing Fee): ₹162.00 (18%)
- Annual Interest Rate: 17%
- Total Interest: ₹1505.00
- Equated Monthly Installment (EMI): ₹5,251.00
- Annual Percentage Rate (APR): 29.80%
- Disbursed Amount: ₹28,938.00
- Total Repayment Amount: ₹31,505.00
- Total Cost of the Loan: ₹2,567.00
Safety and Security:
DosLease prioritizes the security of your personal and financial information. The app employs advanced encryption technology to ensure the confidentiality and integrity of your data. DosLease does not share your information with any third parties without your consent.
- Email: doscustcare@gmail.com
Publisher:
DosLease is operated by DOSLEASE & FINANCE PVT LTD, a registered NBFC authorized by the RBI.
App Permissions:
The DosLease app may require certain permissions to provide a seamless and secure user experience. These permissions may include access to your device’s camera, storage, location (optional), and other relevant permissions necessary for the loan application and verification process. DosLease respects your privacy and ensures that the permissions requested are relevant to the app’s functionality.
Customer Care:
DosLease has a dedicated customer support team to assist you with any queries or concerns. You can reach out to them through the following channels:
Conclusion:
DosLease is a trusted digital loan app that offers a seamless and convenient borrowing experience. With its RBI-approved status, instant loan processing, competitive interest rates, and transparent practices, DosLease stands out as a reliable choice for fulfilling your financial needs. Install the DosLease app today and take advantage of its user-friendly interface, flexible loan options, and excellent customer support.
