Personal loans upto 1,00,000/- Cash loans without security cover Loans without Guarantor / co-borrower
Tenure of minimum 3 months Revolving tenure upto 1 year Annual Percentage Rate (APR) upto 32%
Fees upto 8% of loan amount No pre-closure charges
For Rs 25000/- borrowed for 12 months, with annual interest rate (APR) of 30%, borrower would pay:
Processing Fees = 5%
Interest = Rs 7,500/-
Total amount to repay at the end of tenure = Rs 32,500/-
NACH bounce charges = Rs 500/-
Delay Payment charges = 36%*
* This fee is ONLY applicable when borrowers repay bill overdue. For example, if you have Rs 10,000/- overdue of principal, then customer to pay additional Rs 300/- for one month of delay in repayment of loan.
The annual interest rates and processing fees varies according to the risk profile of customers.
Indian Citizens Salaried professionals Monthly take home salary of atleast 10,000/- Regular credit of salary to bank account
Age of 21 years to 55 years Loans upto 80% of your salary