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 the same for all.
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. We have a fixed APR @ 33.6% per annum.
| Tenure | Loan Amount | Interest Rate | Admin Fees | Amount disbursed | EMI | Total Interest |
| 12 Months | Rs.100000 | 2% | Rs.1000 | Rs. 99000 | Rs. 9456 | Rs.13472 |
To qualify for our loans, you must meet specific criteria.
Must be an Indian Citizen
Age between 21-55 years
Must be a salaried professional
Minimum Monthly Salary of INR 45,000
Credit score of 650 or above
PAN Card
Aadhar Card
Salary statement
Recent Selfie