Frequently Asked Questions (FAQ) – Loan 

 
 
 
 

Any salaried or self-employed individual with a stable income and good credit history can apply.

Loan amounts range from ₹50,000 to ₹5 Crore, depending on the loan type

Loan tenure ranges from 12 months to 84 months based on loan type and amount.

Interest rates range from 18% to 24% per annum, depending on the loan type and applicant profile.

No hidden charges. All processing fees and other costs are transparently mentioned in the agreement.

Repay via EMI through auto-debit, UPI, or bank transfer.

Yes, EMI is based on loan tenure. Use our EMI calculator for better planning.

A penalty charge is applied, and it affects your credit score.

EMI dates can be changed with prior notice, subject to bank policies.

Yes, you can opt for a balance transfer if better interest rates are available.

We offer both fixed and floating interest rate options.

Yes, 1% – 3% processing fee is applicable based on loan type.

Some loans have zero pre-closure charges, while others may have a nominal fee 4 to 5%.

A GST of 18% is applicable on processing fees.

Yes, we use end-to-end encryption for data security.

Yes, we provide dedicated loan advisors for assistance.

You can call, email, or chat with our support team.

 
 

Frequently Asked Questions (FAQ) – For Lenders

 
 

The minimum lending amount is ₹10,000, and the maximum depends on your risk appetite and investment strategy.

enders choose borrowers based on their profiles, loan requirements, and creditworthiness. Once a loan is funded, repayments are made in EMIs.

Returns vary based on loan types and borrower risk profiles, typically ranging from 18% to 24% per annum.

We conduct thorough borrower verification, risk assessment, and legal documentation to mitigate risks for lenders.

Repayments, including principal and interest, are credited directly to your registered bank account as per the repayment schedule.

Yes, once a loan is funded, the funds remain locked until the loan is repaid in full. However, some loans allow secondary market selling.

Risks include borrower default, delayed payments, and market fluctuations. We recommend diversifying investments across multiple borrowers.

No, funds can only be withdrawn after they are repaid by the borrower. However, reinvestment options are available.

A dedicated dashboard allows you to monitor loan statuses, repayments, and overall portfolio performance.

No, P2P lending investments are not insured, but we take measures to reduce risks through rigorous borrower screening.

Yes, you can lend to multiple borrowers to diversify risk and maximize returns.

We charge a small processing fee on returns earned. The exact percentage depends on the investment type.

In some cases, lenders can set their preferred interest rates based on borrower risk profiles.

No, individual lenders do not need a GST number, but businesses may require one.

Yes, businesses and institutions can register as lenders after completing the KYC and verification process.

No Content