Minimum documentation, instant disbursal of funds, and no collateral make personal loans an ideal credit option for immediate funds requirements. However, it is important to consider things
Certain loans can only be used for specific end purposes, e.g., vehicle loans, home loans, mobile loans, etc. However, the same is not true for personal loans. A personal loan can be used for home
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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