Based on your income, credit profile, employment stability, and relationship with the lending bank.
Withdraw funds multiple times for the assigned amount limit.
Charged only on the utilized amount from the total sanctioned limit.
Usually 12 months and may be renewed annually.
Nil.
Fast processing based on your creditworthiness and financial history.
No fixed EMIs; repay at your convenience.
Interest is calculated daily on the amount you withdraw, not the full approved limit. This interest is usually charged at the end of the month.
Interest rates typically start at 9.98% per annum.
It's advisable to compare rates from different lenders to secure the most favorable terms.
Rates are influenced by factors such as credit score, loan amount, tenure, and the lender's policies.
