Loan Application #LN-2025-0008
Pending ApprovalApplied: January 20, 2025
Applicant Information
LA
Loan Details
Loan Type
Personal Loan
Amount Requested
$20,000
Tenure
24 months
Interest Rate
8.5% p.a.
Monthly EMI
$908
Total Payable
$21,792
Purpose
Medical expenses for family member's surgery. Required urgently within 2 weeks.
Approval Decision
Financial Context
Monthly Salary$7,500
EMI to Salary Ratio12.1%
Existing LoansNone
EligibilityQualified
Max eligible amount: $30,000
Loan History
No previous loans
First loan application
Low Risk
Good tenure, no existing loans, healthy EMI ratio.