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You can also use -m instead of -master.Ĭores - You can also use -c instead of -cores. Master - The URL of the cluster it connects to. Installation Steps: git clone Ĭreate a PySpark Project pysparkcli create -master -cores It also supports a rich set of higher-level tools including Spark SQL for SQL and structured data processing, MLlib for machine learning, GraphX for graph processing, and Spark Streaming. It provides high-level APIs in Java, Scala, Python and R, and an optimized engine that supports general execution graphs.
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The final interest rate may vary from one customer to other depending on his interest repayment pattern.This will implement a PySpark Project boiler plate code based on user input.Īpache Spark is a fast and general-purpose cluster computing system. These numbers are indicative and subject to change according to the nature & quality of securities pledged. The customers get the convenience to pay the principal balance anytime within months tenure. Total Repayable Amount (Principal+Interest). If the loan amount is ₹100,000 & interest rate is 14.88% per annum and if the customer pays only the interest every month, then the overall interest payable for the year is ₹14880 only. Total charges paid for the above loan will be ₹. Note: We have partnered with regulated financial institutions in India, governed by RBI.įor a loan of ₹ at an Annual Interest rate of % for a tenure of months, the interest payable will be ₹ only. Note: We do not provide any pay-day loans or loans with less than 61 days repayment period in accordance with Google Policy. For the time being, we are offering our services to Choice broking (Jiffy) customers having CDSL demat accounts.ġ. Annual Percentage Rate (Annual Interest Rate + Total Charges + Total fees): 15.00% - 20.00%ģ. Loan (credit limit) duration: Minimum - 12 months and Maximum - 60 months.Ģ. Select and confirm the securities you want to pledgeġ. You will be able to view all the approved securities in your demat account Select “New Loan” option from the dashboard You can apply for a LAS loan online following these easy steps:Īfter completing KYC, user can avail loan by pledging the securities available in his/her demat account: We offer all this and more to offer you the best online LAS solutions in India. What features make Spark loans one of the best LAS app in India?ġ) A fully digital/paperless solution to Loan Against Securities (LAS)Ģ) Loans could be availed against securities such as shares, mutual fund, bonds, etcģ) User will not have to visit a bank and could avail a loan at the comfort of homeĤ) Easy loan management where user can withdraw and make payments easilyĦ) User can sell collateral from the application itselfħ) In-built robust risk-management system that provides instant margin call alerts to the user We aim to provide loans against financial assets that the customers has in their demat account and is in electronic form such as shares, mutual funds, bonds, etc.
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Our platform makes this process hassle free and provides the best user experience to the customer. Loan against securities is otherwise a cumbersome process, mostly involving physical documentation and a lengthy process. Spark.loans is an online LAS platform which offers loans at an affordable rate and interest is charged only on the amount of the credit utilized.