• Apply Now

    • RATE AND TERMS

    • Home
    • RATE AND TERMS

    Rates & Charges

    • Minimum loan amount - Rs 5,000 /-
    • Maximum loan amount - Rs 1,00,000 /-
    • Tenure - 61 Days to 365 Days.
    • Processing fee - Upto 10% of loan amount.

    Rates & Charges

    • No pre - closure charges
    • No prepayment charges
    • ROI (Rate of interest) Upto @ 1% Per Day
    • APR (Annual Percentage Rate) Upto @ 49% .
    • Bounce Charges: Rs. 1000/-

    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.

    Working of Our Rates & Fees

    APR reflects the true cost of borrowing money. It includes the annual interest rate, a nominal processing fee and other miscellaneous expenses. APR is usually lower than your credit card interest rate. APR is the actual annual cost of your loan that helps you compare various loan offers from different lenders.

    Monthly Payment Example

    Loan Amount APR Tenure Processing Fees Gst on Processing Fees Amount Disbursed Total Repayment Amount Total Interest
    Rs.100000 49% per annum 90 Days 8% of loan Amount 18% Rs. 90560 Rs.124000 Rs.24000