Terms & Rates

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 upto 240% to 365% APR.

Loan Amount APR Tenure Processing Fee GST on Processing Fee Amount Disbursed EMI Total Repayment Amount Total Interest
₹50,000 240% to 365% 1-3 Months ₹4,000-5,000 18% ₹45,000-46,000 ₹20,000 ₹60,000 ₹10,000