Lending Rates
Interest Rates & APR Guidelines
Review prevailing interest rates, tenures, and representative loan cost calculations.
Indicative Interest Rates Matrix
The following matrix shows interest rates offered by our partner banks and NBFCs based on loan categories:
| Loan Type | Indicative Rate (p.a.) | Available Tenures |
|---|---|---|
| Personal Loan | 10.49% - 29.99% (reducing) | 12 to 60 Months |
| Business Loan | 13.50% - 34.00% (reducing) | 12 to 60 Months |
| Home Loan | 8.50% - 14.00% | Up to 30 Years |
| Gold Loan | 9.00% - 21.00% | 3 to 36 Months |
| Payday Loan | 1.50% - 3.00% (monthly) | 30 to 90 Days |
| EDI Merchant Loan | 12.00% - 24.00% | Daily Repayments |
Representative Loan Calculation Example
For a principal loan of ₹1,00,000 borrowed at an interest rate of 12.00% p.a. (reducing balance):
Tenure
12 Months
Monthly EMI
₹8,885
Total Interest
₹6,620
Processing Fee (2%)
₹2,000 + GST
Total amount repaid over 1 year will be ₹1,06,620. The Annual Percentage Rate (APR) including processing fees and stamp duty calculates to approximately **16.20%**.
How Lenders Determine Interest Rates
Lending partners assess your credit risk profile using these main criteria:
-
CIBIL Score: Scores above 750 reflect strong credit health and help qualify you for lowest available interest rates.
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Income Stability: Lenders review income continuity and employment status (Salaried vs. Self-Employed).
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Debt Burden: Lower current liabilities (FOIR ratio under 45%) suggest better debt capacity, reducing risk.
Last Updated: July 2026
Version 2.0
