Welcome to Alkhair Finance Onlinebank, where financial solutions meet ethical values. We are a dedicated team committed to providing Shariah-compliant financial services, tailored to meet the diverse needs of individuals and businesses.
At Alkhair Finance Onlinebank, we believe in a financial approach that aligns with the principles of Islamic finance. Our commitment is rooted in the avoidance of interest (riba) and the promotion of ethical and responsible financial practices.
Building a better future with ethical finance that follows Islamic values.
Offering clear, accessible, and honest financial solutions for individuals and businesses, promoting ethical growth.
If you try to cut corners on your brochure you will end up spending more money
Our Loan Process Is Very Easy. Just Send Your Required Documents To Us Via WhatApp or Email.
Better Support And Service Is Our First Priority To Customers. That Is Why We Provide A Complete Hassle Free 24x7 Support.
Our Optimized Credit Evaluation And Faster Verification Enables Us To Provide Loan Within 30 Minutes To Our Customers Directly Settling Into Their Bank Account.
Our Customized And Upgraded Platform Is Fully Secured And Provides Faster Loan Quotation And Approval In No More Than 30 Minutes For Every Financial Need.
We Provide Loan With Minimal Required Documents Just To Verify Your Address And Credit Score Like Aadhar Card, PAN Card, Photographs, Etc.
Since Our Launch We Had Served Over 25000 Customers Throughout The Country And Got Positive Reviews From Them.
Illustration: Rs. 1 Lac loan on @10.75% with processing Fees for 60 Months comes to Rs. 1,29,708/- Equated Monthly Instalment shall be: Rs. 2,162/- only.
The Annual Percentage Rate or APR helps you to calculate the actual borrowing cost over a particular period. It is expressed in percentage and represents the yearly cost of loan. It takes into account the nominal interest rate and all other fees involved in getting and servicing the loan. The fees include processing fees, insurance costs, administrative costs and other miscellaneous expenses. The annual percentage rate will always be equal or higher than the nominal interest rate charged on loan. APR is a very useful tool in comparing the loan terms of different lenders and helps to find the right lender that suits your needs.
The formula for calculating APR is: APR= [{(Fees + Interest)/ Principal}/ n]*365*100
Interest:- total interest to be paid during the loan tenure
N:- tenure of the loan in days
APR*:- Annual Percentage Rate
If you have questions, need assistance, or wish to explore our financial solutions, we're here for you!
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