Interest and Tenure

  • Interest rate* - up to 3% per month
  • Processing fee - INR 300 - INR 750 One-time payable only upon Loan Disbursement
  • Loan tenure - Up to 3 Years (Open-ended)
  • Line usage fee* - A waivable fee of up to INR 150 (+GST) per each INR 10,000 per month pro-rated for amount and term outstanding equalling 1.5%(+GST) per month which is waived off on paying the loan in full
  • Withdrawal Advance Fee - INR 2 - INR 200 convenience fee charged and applicable only on any subsequent withdrawal requests after the initial withdrawal