Rates & Charges

How is APR determined?

Annual percentage rate (APR) is determined based on your credit score, the amount you wish to borrow and your steady income. Generally, a good CIBIL score calls for a low APR while a poor CIBIL score means high APR. But we have a fixed APR which is the same for all.

Working of Our Rates & Fees

APR reflects the true cost of borrowing money. It includes the annual interest rate, a nominal processing fee and other miscellaneous expenses. APR is usually lower than your credit card interest rate. APR is the actual annual cost of your loan that helps you compare various loan offers from different lenders. We have a fixed APR @ 33.6% per annum.

Monthly Payment Example

Tenure Loan Amount Interest Rate Admin Fees APR Amount Deposite¬d EMI Total Interest
12 Months Rs.1,00,000 2% Rs.1000 24% Rs. 99000 Rs. 9456 Rs.13472

Documents Required Eligibility Criteria


  • Indian resident
  • Salaried Employee
  • Above 21 years of age
  • Savings Bank Account Holder
  • Fair CIBIL Score


  • Completely filled personal loan application. Indian resident
  • PAN Card
  • Residence proof – Passport, Driving Licence, Voter ID, Postpaid/Landline Bill, Utility Bills (Electricity/Water/Gas).
  • Bank statements for the last 3 months of salary account.
  • Salary Slips of last 6 months.