Kosh Loan App Legit or Scam: Are you looking for a legitimate personal loan application in India? If Yes, you must have heard about the Kosh Loan app on the Google Play Store. Personal Loan apps are suitable for taking loans within days with minimal documentation, but many scam apps are available.
Finding a legit loan app from potential scams is not easy. That’s why Review Matrix is here – a reliable and trusted platform that provides researched reviews regarding financial apps. In today’s blog post, I am here to review another loan app, Kosh, in which I will discuss its legitimacy, interest rates, and whether it is safe.
Kosh Loan App Details
| App Name | Kosh |
| Loan Amount | Rs 20,000 to Rs 2,00,000 |
| Minimum APR | 24% |
| Maximum APR | 33% (reducing balance) |
| Minimum Repayment Period | 3 months |
| Maximum Repayment Period | 10 months |
| Processing Fees | 2% (Max ₹2000 incl GST) |
| Prepayment Fees | Na |
| Representative Example | |
| Principal Amount | ₹20000 |
| Interest Rate (APR) | 18% – 33% |
| Tenure | 10 months |
| Processing Fee | ₹400 |
| Amount Disbursed | ₹19,600 |
| EMI Amount | ₹2315 (sample monthly payment based on PMT method) |
| Interest Amount | ₹3150 (sample interest calculation) |
| Total Cost of Loan | ₹23550 (Including all applicable fees) |
| Eligibility | |
| Indian citizen | |
| Age above 20 years | |
| Age below 65 Years | |
| Documents Required | |
| PAN number | |
| Aadhaar number | |
| Salary Slip / Employment Id |
Also Read: Buddy Loan App Review
Kosh is a personal loan application in India famous for its interest rates and flexible repayment time. According to this app, users can apply for a loan between 20,000 RS and 2 lakhs rupees at an interest rate starting from 24% per annum with 3 to 10 months repayment periods. A good Credit Score can help you get a loan at lower interest rates.
Applicant must follow their requirements to borrow a loan. Here are some eligibility criteria to apply for a loan at Kosh App:
- Applicant must be an Indian Citizen.
- Applicant’s age must be between 20 years and 65 years.
- Applicant must have a good Credit Score.
- The Kosh app requires the applicant’s Aadhar Card, PAN Card, and salary slip for verification.
If you are eligible to take a loan from the Kosh app, you can download it from the Google Play Store or their official website.
Also Read: FiniKash Loan App Review
Kosh Loan App Real or Fake
Kosh is a personal loan app that offers loans up to 2 lakhs. The main question arises: is it a safe platform to borrow loans? In my opinion, the Kosh Loan app is a legitimate and secure option for personal loans. I didn’t find anything wrong with this application. The Kosh Loan app is registered in India and working with NBFC partners. Here are popular Kosh app partners:
- Anand Property Finance Limited (APFL)
- Capital Tradelinks Limited (Capital Tradelink)
- Mamta Projects Private Limited (Arthmate)
Many users have issues regarding their customer support, but I didn’t find many problems. At last, Kosh is a real personal loan app, and if you are eligible to apply for a personal loan, then it can be a good option.
Also Read: Money Fine Loan App Review
For any issue or query regarding loan apps, you can contact me on Whatsapp https://WA.me/917056270603 I will help you as soon as possible.
Kosh Loan App RBI Approved or Not?
Kosh is an RBI approved Loan app available on the Google Play Store. It works with popular NBFCs and RBI approved farms so there will be no issues. If you have a good CIBIL score then you can easily get a loan from here. Kosh loan app is offered by Adhikosh Financial Advisory located in Delhi. You can easily contact with their customer support given below:
| Contact Email | public@getkosh.com |
| Contact Phone | 8826790791 |
| Operational Cities | Delhi NCR: New Delhi, Gurgaon, Noida, Greater Noida, Faridabad |
| Himachal Pradesh: Shimla, Baddi, Parwanoo, Solan | |
| Haryana: Chandigarh, Karnal, Panipat, Ambala, Sonipat, Kundli | |
| Punjab: Amritsar, Ludhiana, Jalandhar, Mohali, Ropar, Bathinda, Fatehgarh Sahib | |
| Rajasthan: Kota, Jaipur, Udaipur, Jodhpur, Neemrana | |
| Uttar Pradesh: Mathura, Meerut, Agra | |
| Uttarakhand: Haldwani, Haridwar | |
| Madhya Pradesh: Jabalpur, Indore, Allahabad | |
| Gujarat: Ahmedabad, Vadodara, Valsad | |
| Office Address | Adhikosh Financial Advisory Pvt. Ltd. #456, Sector 45, Gurgaon, Haryana 122003 |
Also Read: Swift Seconds Loan App Review
Kosh Loan App Review
Kosh Loan App
According to Kosh app, users can apply for a loan between 20,000 RS and 2 lakhs rupees at an interest rate starting from 24% per annum with 3 to 10 months repayment periods. In my opinion, the Kosh Loan app is a legitimate and secure option for personal loans. I didn’t find anything wrong with this application. The Kosh Loan app is registered in India and working with NBFC partners.
Price Currency: INR
Operating System: Android
Application Category: Personal Loan
4.25
FAQs
What is Kosh?
Kosh is a loan app that offers group loans, personal loans, and home loans. It’s trusted by over 1 Lakh Indians and provides loans quickly and securely.
How much loan can I get from Kosh?
You can get a loan amount ranging from Rs 20,000 to Rs 2,00,000.
What are the interest rates for Kosh loans?
The interest rates (APR) range from 24% to 33%, depending on your loan terms.
What is the repayment period for Kosh loans?
The repayment period ranges from 3 months to 10 months.
How can I contact Kosh customer support?
You can email at public@getkosh.com or call at 8826790791.