Maximum loan amount: Most of our lending partners provide a loan of up to ₹15 lakh.

The minimum Annualized Percentage Rate (APR)  is 9.75%

The maximum Annualized Percentage Rate (APR) is 24%

The interest rate varies based on your risk profile.

Flexible repayment tenure: 12 months to 60 months.

Entire repayment in 30 days or less is not allowed.

Our lending partners also charge a processing fee; that needs to be paid to get the loan processed and is usually 1.5%-2.5% of the loan amount.

Example

Consider a Personal Loan of ₹1,00,000 at an interest rate of 13% per annum for a tenure of 12 months.

Processing fee is 2% of the loan amount = ₹2,000 + GST = ₹2,360

Line setup fee of ₹499 + GST = ₹588 to be paid before starting the credit line.

Then, the total interest payable is ₹7,181

The total amount payable is ₹1,10,129

The EMI will be ₹8,932