Stridepe app for iPhone and iPad

About this app

Stride helps you become unstoppable with no cost/ low-cost EMIs. With a Stride credit limit, you can explore job-oriented education, the latest tech gadgets, stylish 2-wheelers, and comfy PGs and hostels.

Stride is a digital fintech platform offered by Eduvanz Financing Private Limited (Eduvanz), an RBI licensed and regulated NBFC and a fintech offering services to lenders. Eduvanz is primarily engaged in distribution of financial products and services and inter alia renders services of customer acquisition, providing preliminary credit support activities, fulfillment services and post-acquisition customer services to Banks and NBFCs.

With Stride, you can instantly avail a credit limit of up to INR 10,00,000 from anywhere in India, without any physical documentation.

Don’t wait! Hit the install button to start the process today.

Interest Rates – 0% - 36% p.a

Tenure – 3 months - 84 months

Annual Percentage Range – 0% to 70%

Processing Fees – 0% - 5% excluding govt charges

Why Stride:

No or Low-Cost EMI - Available for more than 10,000+ products and resources.

Instant credit approval - Sign up, get a credit limit for up to ₹10L

Easy registration process - Paperless and quick, our average sign-up takes up to only 2 minutes!

Flexible Tenures - Split your payment in 3 to 60-month tenures

Our Lending Partners:

Fullerton India Credit Company Limited

Aditya Birla Finance Limited

Piramal Finance

Types of Offerings

No or Low-cost end use defined EMIs and credit limits for Education (K-12, Test Prep, Degree)/ Skilling fee financing segments with tenures up to 84 months for loan amount up to INR 10,00,000

No-Cost and Low-cost end use defined EMIs for 2-wheelers, gadgets or any other ancillary needs such as PGs, hostels, travel, accommodation with tenures up to 24 months for loan amount up to INR 3,00,000









Example:

No-Cost EMI

Loan Amount/Product Value: INR 100,000

Tenure: 12 Months

Interest Rate Paid by Borrower: 0%

Interest Rate Paid by Merchant: 19.91%

Processing Fee: INR 1,180 (1% of Loan Amount + 18% GST)

Amount Disbursed to merchant: INR 90,000

EMI: INR 8,333.33 (To be rounded upto nearest whole number)

Total Interest Amount: INR 10,000

APR (IRR Method) – 22.10%

Total Repayment Amount: INR 100,000



Low-Cost EMI

Loan Amount: INR 90,000

Tenure: 12 Months

Interest Rate Paid by Borrower: 19.91%

Interest Rate Paid by Merchant: 0%

Processing Fee: INR 1,062 (1% of Loan Amount + 18% GST)

Amount Disbursed: INR 90,000

EMI: INR 8,333.33 (To be rounded upto nearest whole number)

Total Interest Amount: INR 10,000

APR (IRR Method): 21.88%

Total Repayment Amount: INR 100,000



Eligibility:

Citizen of India

Must be above 18 years old

Steady monthly Income

Must Satisfy KYC norms as per the Reserve Bank of India guidelines

Steps to avail a credit limit

Install Stride app

Sign up using your basic details (Mobile Number, Name, E-mail ID)

Fill basic information

Upload required documentation

Queries

Mail: [email protected]

Phone: 022-4973 3624 / 022-4973 3674

Connect with us at

Facebook: https://www.facebook.com/EduvanzFinance/

Twitter: @Eduvanz_Finance

LinkedIn: https://www.linkedin.com/company/eduvanz/

Instagram: https://www.instagram.com/eduvanz_finance/