About Banner
Rates & Terms

Clear Rates & Flexible Terms

No hidden charges. No confusing conditions. Everything is explained upfront so you can borrow with confidence.

Rates & Charges

  • Minimum loan amount – ₹5,000
  • Maximum loan amount – ₹2,00,000
  • Tenure – 2 months, 3 months, 6 months
  • Processing fee – up to 7% of loan amount

Additional Charges

  • No pre-closure charges
  • No prepayment charges
  • ROI – up to 15% per month
  • APR – up to 375% per annum
  • Bounce charges – ₹1,000 per bounce

How is APR Determined?

The Annual Percentage Rate (APR) is calculated based on factors such as your credit score, loan amount, and income stability. Typically, a higher credit score results in a lower APR. However, we offer a fixed APR applicable to all customers.

Working of Our Rates & Fees

APR reflects the actual cost of borrowing, including interest, processing fees, and applicable charges. It helps customers compare loan products transparently. Our fixed APR is up to 375% per annum.

Monthly Payment Example

Loan Amount APR Tenure Daily Interest Interest Amount Processing Fee GST Net Disbursed Total Repayment
₹15,000 375% 61 Days 1% ₹4,500 10% ₹270 ₹13,230 ₹19,500