Rate & Terms

Rate & Terms.

Know your interest rates, fees, and repayment terms upfront for a confident borrowing experience.

How is APR Calculated?

The Annual Percentage Rate (APR) is the total cost of your loan expressed as a yearly rate. It includes the interest rate along with applicable fees and charges. APR helps you compare different loan offers more accurately.

Interest Rates & Fees

Interest Rate Range
Up to 35% p.a. (reducing balance)
Maximum APR
35% p.a. (inclusive of interest and all fees)
Processing Fee
TODO(owner): confirm %
Repayment Period
Minimum 61 days; maximum 12 months
Delayed Payment Charges
0.25% per day on overdue amount
NACH Bounce Charges
₹500 per instance

Representative Loan Example

Loan AmountInterest Rate (p.a.)Processing FeeLoan TenureTotal Interest PayableTotal Repayment AmountAPR
₹25,00035% (reducing balance)₹0 (0%)91 Days (3 Months)₹1,942₹26,94235% p.a.

Note: The above example is for illustration purpose only. Actual interest rate, APR and charges may vary based on your profile and credit assessment.

Important Notes

Interest rates are determined based on your credit profile; APR will never exceed 35% per annum.

All fees and charges are shown in your Key Fact Statement before you accept the loan.

Loan approval is at the sole discretion of our lending partners.

Repayment period: minimum 61 days; maximum 12 months.

GST will be applicable on applicable fees and charges.

The final terms applicable to you are shown in your Key Fact Statement before you accept a loan.