Loan Types

Configure different types of loans and their parameters

Add New Loan Type
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Fixed Rate Personal Loan
Active

EMI remains constant throughout tenure. Most common loan type.

Amount Range
₹0.5L - ₹10.0L
Tenure
- months
Interest Rate
12.00% p.a.
Processing Fee
2.00%
Requirements
No Special Requirements
Active Loans
1 loan(s)
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Reducing Balance Home Loan
Active

Interest calculated on remaining principal after each EMI payment.

Amount Range
₹5.0L - ₹100.0L
Tenure
- months
Interest Rate
8.50% p.a.
Processing Fee
0.50%
Requirements
Collateral Required
Active Loans
0 loan(s)
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Flat Rate Business Loan
Active

Interest calculated on full principal for entire tenure.

Amount Range
₹1.0L - ₹50.0L
Tenure
- months
Interest Rate
15.00% p.a.
Processing Fee
1.50%
Requirements
Guarantor Required Collateral Required
Active Loans
0 loan(s)
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Interest-Only Corporate Loan
Active

Pay only interest during tenure, principal at maturity.

Amount Range
₹10.0L - ₹500.0L
Tenure
- months
Interest Rate
10.00% p.a.
Processing Fee
1.00%
Requirements
Guarantor Required Collateral Required
Active Loans
0 loan(s)
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Bullet Payment Term Loan
Active

No monthly EMI, entire amount paid at maturity.

Amount Range
₹5.0L - ₹200.0L
Tenure
- months
Interest Rate
11.00% p.a.
Processing Fee
2.00%
Requirements
Guarantor Required Collateral Required
Active Loans
0 loan(s)
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Step-Up Car Loan
Active

EMI gradually increases after specific intervals.

Amount Range
₹2.0L - ₹20.0L
Tenure
- months
Interest Rate
9.50% p.a.
Processing Fee
1.00%
Requirements
Collateral Required
Active Loans
0 loan(s)
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Step-Down Education Loan
Active

EMI gradually decreases after specific intervals.

Amount Range
₹1.0L - ₹15.0L
Tenure
- months
Interest Rate
8.00% p.a.
Processing Fee
0.50%
Requirements
Guarantor Required
Active Loans
0 loan(s)
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Flexible EMI Investment Loan
Active

Borrower can dynamically change EMI amount based on cash flow.

Amount Range
₹3.0L - ₹30.0L
Tenure
- months
Interest Rate
13.00% p.a.
Processing Fee
2.50%
Requirements
Guarantor Required Collateral Required
Active Loans
0 loan(s)
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Balloon Payment Asset Loan
Active

Small regular EMIs with large final balloon payment.

Amount Range
₹5.0L - ₹50.0L
Tenure
- months
Interest Rate
10.50% p.a.
Processing Fee
1.50%
Requirements
Collateral Required
Active Loans
0 loan(s)
View Edit
Daily Microfinance Loan
Active

Daily collection microfinance loan for small businesses.

Amount Range
₹0.1L - ₹1.0L
Tenure
- months
Interest Rate
24.00% p.a.
Processing Fee
5.00%
Requirements
Guarantor Required
Active Loans
0 loan(s)
View Edit
Weekly Microfinance Loan
Active

Weekly collection microfinance loan for small vendors.

Amount Range
₹0.1L - ₹2.0L
Tenure
- months
Interest Rate
20.00% p.a.
Processing Fee
3.00%
Requirements
Guarantor Required
Active Loans
0 loan(s)
View Edit