Estimate only. Total to repay = loan + interest. The processing fee is usually taken from the loan amount. The lender decides your actual rate, fee and amount, which you see in the Key Fact Statement before you accept.
Rate & charges
Loan amount: ₹2,000 to ₹30,000
Tenure: 15 to 45 days (single repayment)
Interest: 34% to 54% per year
Processing fee: 10% to 20% of the loan + GST
No advance fee – nothing to pay before approval
How we calculate
How your loan cost is worked out
Interest = loan amount × yearly rate ÷ 365 × number of days. For example, ₹10,000 at 34% p.a. for 30 days = 10,000 × 0.34 ÷ 365 × 30 ≈ ₹279.
Processing fee = 10% to 20% of the loan amount, plus 18% GST. The lender usually takes it from the loan amount, so the money you receive is lower than the loan amount.
Total to repay = loan amount + interest, paid in one go at the end of the tenure. The lender's Key Fact Statement shows the exact figures and the APR before you accept.
Examples
Sample costs for 30 days
At the lowest and highest rates and fees in the range. Illustrative only.
Loan
Interest @ 34%
Interest @ 54%
Fee + GST (10%)
Fee + GST (20%)
Repay (34%)
₹5,000
₹140
₹222
₹590
₹1,180
₹5,140
₹10,000
₹279
₹444
₹1,180
₹2,360
₹10,279
₹15,000
₹419
₹666
₹1,770
₹3,540
₹15,419
₹20,000
₹559
₹888
₹2,360
₹4,720
₹20,559
₹30,000
₹838
₹1,332
₹3,540
₹7,080
₹30,838
Eligibility
Who can apply
Check these before you apply.
You can apply if
You are a salaried employee aged 21 to 58 years
Your CIBIL score is 700 or more
No late EMI payments in the last 6 months
No settled or written-off loan in the last 18 months
Not more than 10 loan enquiries in the last 30 days
🪮 PAN🔑 Aadhaar🏦 Salary bank account
Good to know
Not available in Arunachal Pradesh, Assam, Manipur, Meghalaya, Mizoram, Nagaland, Tripura, Sikkim, Jammu & Kashmir and West Bengal
New-to-credit profiles (no CIBIL history) are not eligible for this loan
CIBIL below 700? Apply anyway – we'll show you another option
Final approval, amount and charges are decided by the lender
Ticks all the boxes?Apply in about 2 minutes – no documents to upload now.
