Magic Loan is a free Android application developed by Chanakya Finvest Private Limited. It falls under the category of Business & Productivity, specifically in the Finance subcategory.

Magic Loan offers users the opportunity to apply for personal loans ranging from Rs 5,000 to Rs 50,000. The loan term can vary from 91 days to 120 days. With a maximum annual interest rate of 18.25%, the app ensures transparent and clear fees with no hidden costs.

The application process is quick and easy, allowing users to apply for loans online and receive fast approval and disbursement. Personal information is encrypted to ensure data security throughout the process.

To use Magic Loan, users need to download the app from the Google Play Store and register with their mobile number. After filling in personal information and undergoing a review, approved loan amounts are credited to the user's account.

For any inquiries or assistance, Magic Loan's customer service can be contacted via email at