Nafin Smart App

Name: Nafin Smart App
Author: MBANK TECHNOLOGIES

Android app by MBANK TECHNOLOGIES. Finance · MBANK TECHNOLOGIES

Store rating: Unknown
Store rating count: Unknown
Download price: Free to download
In-app purchases: Not listed in captured metadata
Version: 6.0.14
Listing last refreshed: 2026-09-14

Store description excerpt

Nafin Smart App is Nafin Saving & Credit Coopertaive Limited official Mobile Banking Application which enables its customers to keep track of their account maintained at Nafin Saving & Credit Coopertaive Limited and allows its users to make different utility payments. Below are the key features of Nafin Smart App: Manage your account • Track your finances • Track your account history • Protect your account with your fingerprint QR Payments: Scan and Pay feature that allows you to scan and pay to the different merchants. Calendar: Customer can view official calendar of Nafin Saving & Credit Coopertaive Limited on our apps. Location: Customers can find our Office location. Apply for loan through our app: Nafin Smart App offers different types of loan to our customer, we will be listing the loan category with interest rate and you can choose to apply for the needed loan category. (Note: This is just a loan information for applying and for the approval customer needs to visit the Nafin Saving and Credit Co-operative Ltd. Office) Personal Loan Example For Personal loan, followings things apply: A. Minimum Loan Amount NRs 10,000.00 Maximum Loan Nrs. 1,000,000.00 B. Loan Tenure: 60 months(1825Days) C. Repayment mode: EMI D. Grace Period: 6 Months. Interest must be paid in grace period. E. Interest Rate: 14.75% F. Processing Fees = 1 % of loan amount. G. Eligibility: 1. Resident of Nepal. 2. Age above 18 years 3. Must have a guarantor. 4. Have an income source with tax clearance document *APR = Annual Percentage Rate H. The minimum period of repayment is 12 months(1 year) and the maximum period of repayment is loan tenure period as per the agremeent (which is 5 years in this example). I. The Maximum Annual percentage Rate is 14.75%. Personal loan Example: Let's say you are applying for a Personal loan amounted NRs 1,000,000.00 from the organization at the rate of interest of 14.75% (annual) and your loan tenure is 5 years, Equated Monthly Instalment (EMI)= Rs.23659.00 Total payable interest = Rs.407722.00 Total Payment = Rs. 407722.00 Loan processing fees = 1% of loan amount = 1% of Rs. 1,000,000.00 = Rs. 10,000.00 EMI will be calculated as under: P x R x (1+R)^N / [(1+R)^N-1] where, P = Principal amount of the loan R = Rate of interest (Annual) N = Number of monthly instalments. EMI = 1,000,000* 0.0129 * (1+ 0.0129)^24 / [(1+ 0.0129)^24 ]-1 = Rs 23,659.00 So, your monthly EMI would be = Rs. 23659.00 The rate of interest (R) on your loan is calculated monthly i.e. (R= Annual rate of interest/12/100). For instance, if R = 14.75% per annum, then R = 14.75/12/100 = 0.0121. so, Interest = P x R = 1,000,000.00 x 0.0121 = Rs.12,123.00 for first month Since EMI consists of principal + Interest Principal = EMI - Interest = 23,659.00-12,123. = Rs.11536 in a first installment which can be vary on other installment. And for

Review coverage

AppRill has captured 0 reviews for this app. This is a collected sample, separate from the store rating count. Latest review capture: Not captured yet.

Recent captured chart positions

No chart positions have been captured for this app yet.

Chart position, rating count and review coverage do not establish downloads, revenue or profit. Understand the differences.