BetterPlace Money Customer care Number, Loan, App Download

20 Likes Comment

Do you need BetterPlace money customer care number? Want to get a quick loan from them? Find out how here.

BetterPlace Money app, developed by Betterplace Safety Solutions Private Limited, is a financial services platform dedicated to enhancing the financial well-being of India’s frontline workers.

This innovative platform acts as a vital link between these workers and major Banks/NBFCs, streamlining the loan application process for the next billion population of India. Currently, the featured NBFC on this platform is NDX P2P Private Limited (Liquiloans).

BetterPlace Money Interest Rate

BetterPlace Money offers instant cash personal loans ranging up to Rs 25,000, with an interest rate between 1% to 3%, devoid of any undisclosed charges. A nominal processing fee of Rs 200/- to Rs 600/-, excluding GST, is applicable.

A Representative Example

  • Finance Amount: Up to Rs 25,000
  • Repayment Tenure: 3 to 6 months
  • Rate of Interest / Annual Percentage Rate (APR): 20% to 50%
  • Processing Fees: Rs 200-Rs 600/- (exclusive of GST)

Sample Loan Breakdown:

  • Amount: Rs 10,000/-
  • Interest Rate: 1.5% monthly simple interest
  • Tenure: 3 months
  • EMI Frequency: Monthly
  • Processing fee: Rs 300/-
  • Disbursed Amount: Rs 9,700/-
  • Total Interest payable: Rs 450/-
  • Monthly Payment: Rs 3483.33/-
  • Total payment in 3 months: Rs 10,450/-
  • Overall Cost: Rs 750/- (includes Rs 450/- as interest and Rs 300/- as processing fee)
  • APR: (750/10000)*(365/90) = 30.4%

Note: Interest rates and processing fees may vary based on the product selected.

For more details, visit BetterPlace Money website

How to Apply for BetterPlace Money Loans

Applying for a loan at BetterPlace Money is a straightforward process. Follow these steps to initiate your application:

  1. Visit the BetterPlace Money website.
  2. Navigate to the loans section.
  3. Choose the loan product that suits your needs.
  4. Fill out the application form with accurate details.
  5. Submit the required documents for verification.
  6. Await approval and disbursement.

BetterPlace Money Loan App Download

Downloading the BetterPlace Money app is a secure process when done from the Google Play Store. Ensure safety by following these steps:

  1. Open the Google Play Store on your Android device.
  2. In the search bar, type “BetterPlace Money”.
  3. Locate the official app by Betterplace Safety Solutions Private Limited.
  4. Click “Install” to begin the download and installation process.

Caution: Never download loan apps from unofficial app stores, as they may compromise your data and security.

How to Reach BetterPlace Money Customer Care

For any inquiries or assistance, you can get in touch with BetterPlace Money’s customer care:

  • BetterPlace Money Customer care Number: +91 81470 63861
  • BetterPlace Email Address: loansupport@betterplace.co.in
  • Office Address: 144, 144/1, 3rd Floor, Shubharam Complex, M.G. Road, Bengaluru– 560001, Karnataka, India

Alternatively, you can contact their customer care within the BetterPlace Money app.

Is BetterPlace Money Legit?

BetterPlace Money is a legitimate financial services platform aimed at assisting frontline workers with their financial needs. However, it’s essential to exercise caution and perform due diligence when engaging with any financial institution.

Always make informed decisions and reach out to BetterPlace Money directly for any concerns regarding their services.

In conclusion, BetterPlace Money stands as a beacon of financial support for India’s frontline workers, offering convenient loans and guidance towards a more secure financial future.

Be sure to understand the terms, rates, and eligibility criteria before embarking on your financial journey with BetterPlace Money.

All rights reserved. Do not copy, rewrite or republish this content, in part or in whole, without proper credit to the source.

You might like

About the Author: Femi Olawole

Femi Olawole is a seasoned blogger with interest on providing helpful Contents on online loan apps, Tech and Business.

Leave a Reply

Your email address will not be published. Required fields are marked *

Copying of this content disabled