Personal Loan fees and charges

We advise you to read our fees and charges in detail before applying for our personal loan.

Applicable fees and charges

ఫీజు రకం

వర్తించే ఛార్జీలు

వడ్డీ రేటు

13% నుండి.

ప్రాసెసింగ్ ఫీజు

రుణ మొత్తంలో 4% వరకు (జిఎస్‌టి కలుపుకొని).

బౌన్స్ ఛార్జీలు

ఒక బౌన్స్‌కు రూ. 600 - రూ. 1,200 (పన్నులతో సహా).

జరిమానా వడ్డీ

Any delay in payment of monthly instalment/ EMI shall attract penal interest at the rate of 2% to 4% per month on the monthly instalment/ EMI outstanding from the date of default until the receipt of the monthly instalment/ EMI.

పాక్షిక-ముందస్తు చెల్లింపు ఛార్జీలు*

2% + applicable taxes on part payment amount paid.

స్టాంప్ డ్యూటీ

యాక్చువల్స్ వద్ద (రాష్ట్రం ప్రకారం).

మ్యాండేట్ తిరస్కరణ ఛార్జీలు

Rs. 450 (inclusive of applicable taxes) per month from the first month of the due date for the mandate rejected by customer’s bank until the registration of new mandate. 

వార్షిక నిర్వహణ ఛార్జీలు

Flexi Term and Flexi Hybrid Loan - 0.295% plus applicable taxes, on the total withdrawable amount irrespective of utilisation on date of levy of such charges.

ఫోర్‍క్లోజర్ ఛార్జీలు

Term Loan - 4% plus applicable taxes on the principal outstanding amount as on the date of such full pre-payment.
Flexi Term and Flexi Hybrid Loan - 4% plus applicable taxes on total withdrawable amount (total loan amount that you can withdraw under Flexi Term Loan from time to time as per the repayment schedule on the date of levy of such charges).

*These charges are not applicable on the Flexi variants. Moreover, part-prepayment should be more than one EMI.

Personal loan application process

Step-by-step guide to apply for a personal loan

  1. Click on ‘APPLY’ at the top of this page to open our online application form.
  2. Enter your 10-digit mobile number and verify the OTP sent to your phone.
  3. Fill in the application form with your basic details, such as your full name, PAN, date of birth, and PIN code.
  4. Now, click on ‘PROCEED’ to visit the loan selection page.
  5. Enter the loan amount that you need. Choose from our three personal loan variants –Term, Flexi Term, and Flexi Hybrid.
  6. Choose the repayment tenure – you can select tenure options of 12 months to 60 months and click on ‘PROCEED’.
  7. Complete your KYC and submit your application.

Our representative will guide you on the next steps. The loan amount will be transferred to your bank account on the successful verification of your documents.