Loan Application
Apply in Just a Few Steps!
Submit Your Loan Application and Get the Funds
You Need Without Delay
Minimum Salary Required is ₹15,000.
Only for salaried people
We provide loans to salaried professionals only.
Rate & Charges
- Minimum Loan Amount - ₹50,000/-
- Maximum Loan Amount - ₹5,00,000/-
- Tenure - 6 to 60 Months
- Processing Fees - 2% to 5% of Loan Amount Processing fee will be deducted from the approved loan amount.
Rate & Charges
- No pre-closure charges
- No pre-payment charges
- ROI (Rate of Interest) – 11% per annum
- APR (Annual Percentage Rate) – 11% per annum
- Check Bounce Charges: ₹500/-
How is APR determined?
Annual Percentage Rate (APR) is determined based on your credit score, the amount you wish to borrow and your steady income. Generally, a good CIBIL score calls for a low APR while a poor CIBIL score means high APR. But we have a fixed APR which is same for all.
Working of Our Rates and Fees
APR reflects the true rate of borrowing money. It includes the annual interest rate, a nominal processing fees and other miscellaneous expenses. APR is usually lower than your credit card interest rate. APR is the actual cost of your loan that helps you compare various loan offers from different lenders. We have a fixed APR 240% to 365% per annum
How does it works?
Enter the details
- Name
- Email Address
- Mobile Number
Send Your Documents
- Aadhar Card
- PAN Card
- Salary Slip
Approval & Disbursal
- Get the approval
- Disbursal in a few hours
- Repay the loan as per the tenure
Eligibility Criterion
- Interest Rate: 11% p.a. onwards
- Loan Pre-Closure Fee: Nil
- Loan Amount: Starting from ₹50,000
- Loan Tenure: 6 months to 60 months
Our Rates & Fees
- Resident of India
- Salaried or Self Employed
- Age 18 to 55 Years
- Bank Account Holder
Documents Required
-
If Electricity Bill or Property Tax Receipt is in Applicant's
Name:
- Aadhaar Card
- PAN Card
- Passport Size Photo
- Bank Statement or Cancelled Cheque
-
If Electricity Bill or Property Tax Receipt is NOT in Applicant's
Name:
- Applicant’s Aadhaar Card
- Applicant’s PAN Card
- Applicant’s Passport Size Photo
- Aadhaar / PAN / Passport Size Photo of the Bill Holder
Documents Required & Eligibility Criterion
Eligibility Criterion
- Filled Loan Application
- Identification Proof (PAN Card/Aadhar Card/Voter ID/ Driving Licence/ Passport)
- Residence Proof ( Utility / Electricity Bill or Property Tax Receipt)
- Bank Statements (6 Months Bank Statements)
- Income Documents (Last 3 Months Salary Slips)
- Applicants must have worked in a company for atleast 6 months
Documents Required
- Indian Citizen
- Employment Salaried or Self Employed
- Age - 18 years and above
- Savings Bank Account Holder
- CIBIL Score of 620 and above
- Consistent Monthly Income of ₹15,000/-
Payment Example (Minimum Tenure: 6 Months)
| Loan Amount | APR | Tenure | Interest Amount | Processing Fee % | Processing Fee | GST (18%) | Net Disbursed Amount | Total Repay Amount |
|---|---|---|---|---|---|---|---|---|
| ₹15,000 | 11% p.a. | 6 Months | ₹825 | 2% | ₹300 | ₹54 | ₹14,646 | ₹15,825 |
| ₹15,000 | 11% p.a. | 6 Months | ₹825 | 5% | ₹750 | ₹135 | ₹14,115 | ₹15,825 |