A personal loan is an unsecured/collateral-free loan that can be availed to fund immediate financial requirements. If you are applying for a personal loan for the first time, you need to pay attention to the following factors.
Personal loans are a great way to deal with quick cash needs. They are an affordable alternative to credit cards, and they can be used to address all types of funding needs.
We offer loans up to ₹ 5,00,000 with repayment periods up-to 36 months. We offer interest rates starting from 11.99% APR (Annual Percentage Rate), however rates may vary case to case. All loans are paid through Equal Monthly Instalments (EMIs) via electronic payment. We do charge low platform fees and have no other hidden costs.
Example: If a customer takes a loan of ₹10,000 for a period of 3 months, at an annual interest rate of 11.99% APR, then the customer will pay an EMI for 3 months of ₹3,400 per month. Total payment over 3 months will be ₹10,200 (including principal and Interest).
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