Who is a co-borrower?

The co-borrower is the co-obligor to the loan. Typically, this is an income-earning family member who is willing and qualified to take up the repayment of the loan in case the applicant is unable to repay the loan.

How do a borrower trust the security of this website?

We take the security of the borrower’s information very seriously and have taken care to comply with the best practices in the industry. One can be assured that all his/her data provided is in good hands and the information is handled in a secure manner.

What is a repayment schedule?

A repayment schedule details how the borrower can repay the loan; as well as contains the breakup between principal and interest charged in each EMI.

What does processing fee mean?

Processing fee is the fee charged for verifying the applicant’s basic information and documents, getting the same approved by our credit team. The processing fee differs based on the product value, product category, and the tenure of the loan selected. The processing fee applicable (if any) will be visible at the time of the application itself.

What is a Personal Loan?

A Personal Loan is an unsecured loan facility, where we give the borrower money to spend on a specific product/service of our partner and the loan is repaid in EMI over the life of the loan.