Rate and Terms

Rates & Charges

Minimum Loan Amount	Rs. 5,000/-	Maximum Loan Amount	Rs. 100,000/-
Processing Fee	Upto 10% of loan amount	Pre-closure charges	No
Tenure Days	Upto 36 Months	ROI (Rate of interest)	Upto 1% Daily
APR (Annual Percentage Rate)
An loan of Rs 30,000 for a tenure of 12 months will cost Rs. 5,096 in Total Interest (30% pa) along with the Processing Loan Management Fees of Rs 1,000 GST on Processing Fees of Rs 180. The disbursed amount will be Rs. 28,820 and the Total Loan repayment amount will be Rs 35,096 inclusive of interest and all the other fees with an APR of 38%. *These figures are illustrative; the final interest rate or fee may differ from one client to the next, based on a credit evaluation APR Range: 43.5% to 300%

Monthly Payment Example

Loan Amount	Tenure	Interest Rate	Processing Fees	Amount Disbursed	EMI	Total Interest	Total Repayment Amount
Rs. 20,000	3 Months	2% Monthly	Rs. 2,000	Rs. 18,000	Rs. 7,067	Rs. 1,200	Rs. 21,200

Eligibility Criteria

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• Citizenship: Must be an Indian citizen residing in India.
• Employment Type: Only salaried individuals working with registered companies are eligible.
• Age Limit: Must be between 21 and 45 years of age.
• Minimum Monthly Salary: Net in-hand salary should be ₹45,000 or above.
• Bank Account: Must have a salary account with a recognized bank.
• KYC Documents: Valid PAN card, Aadhaar card, address proof, salary slips, and bank statements for the last 3 months.
• Credit History A minimum credit score of 650+ is preferred. Applicants with no credit history are also considered on a case-by-case basis.
• Mobile Number & Email: Must have a valid mobile number linked with Aadhaar and an active email ID.