Rates And Charges

Understand the fees and charges associated with loans before you apply

Loan Parameter

Loan Amount

Min Loan Amount- ₹5000/- | Max Loan Amount- ₹200000/-

Tenure

Upto 365 days, with flexible repayment options tailored to your finencial situation

Processing Fee

@ 2% of loan amount(deducted from disbursed amount)

Additional Charges

Pre-closure & Prepayment

No Pre-closer charges and no prepayment charges, giving you flexibilty to repay early.

Annual Percentage Rate(APR)

@ 15% to 31% based on your credit profile and loan amount.

Penalty Charges

Check bounce charges- 10000/- per instance

Personal Loan Eligibility Criteria

To qualify for a personal loan with us, you need to meet the following eligibilty criteria

Age

Applicants must be between 23 to 65 years of the age at the time of loan application.

Employment

Salaried employees with at least 3 month of work experience with the current employer.

CIBIL Score

A credit score of 650 or above is required for favorable loan items and quick approval.

Monthly Income

Minimum monthly salary of ₹40000 or above for salaried individuals.

Documentation
Requirement

To process your application smoothly, please ensure you provide all the essential and additional documents listed below. Accurate and complete documentation helps us verify your eligibility quickly and efficiently.

Essential Requirement
  • Valid PAN Card
  • Valid Aadhar Card
  • Latest 3 Month's Salary Slip
  • Latest 6 Month Bank Statement
Additional Requirement
  • Indian Citizenship
  • Residence in a city where we operate
  • Good credit history with no default
  • Active mobile no linked to Aadhar
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Important Note

  • Interest rate and charges may vary based on your credit profile, loan amount and tenure.
  • All charges are subject to applicable GST.
  • Late payment charges will be applicable as per the terms mentioned in your agreement.
  • Interest is calculated on a reducing balance basis.

Payment Summary

Loan Amount

₹100,000

Tenure

92 Days

Interest Rate Yearly

27%

APR

27%

Monthly EMI

₹38844

Amount Deposite

₹95,0000

Loan Details

Personal Details