Smart Credit Line Access

Key Credit Line Details, Together in One Place

Credit Range brings key credit line account details together in one place. Users can view their currently available limit, choose an amount within that limit where credit access is available, review the applicable costs, and track billing and repayment activity through the app.

Submitting an account application does not require users to use credit immediately. When a credit line becomes available, users may leave it unused or choose an amount based on their current needs. No interest or service fee is charged on the unused portion of the credit line.
Explore Credit Line Terms View Cost Illustration
Credit Range App Interface Mockup
Complete Transparency

Understand Your Credit Range

Real-time visibility into your account balance, usage, and billing history.

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Credit Range Account Display

Credit Range provides a consolidated dashboard for intuitive monitoring of your account metrics:

  • ✓ The total credit limit currently assigned to the account
  • ✓ The amount currently available for use
  • ✓ The amount already utilized
  • ✓ Active billing and repayment details
  • ✓ Previous credit usage and payment records
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Eligibility & Assessment

Credit availability is determined after the required registration, identity verification, eligibility assessment, and account review. Completing these steps does not guarantee approval, a specific credit limit, or continued access to credit.

Flexible Access

Select an Amount Within Your Available Limit

Where credit access is available, users may choose an amount within the limit displayed on their account. The full available limit does not need to be used at one time.

Zero Unused Cost Policy: Interest is calculated only on the amount actually utilized and for the applicable repayment period. No interest and service fee applies to the remaining unused portion.
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Control Your Utilization

Enjoy complete control over how much credit you draw down. Leave the rest safely reserved in your account with zero holding charges.

Clear Parameters

Credit Line Terms

Transparent terms designed for predictable financial planning.

₹1,000 - ₹80,000
Credit line range
Up to 365 Days
Repayment period, depending on the actual credit usage period
Up to 0.05%
Daily interest rate
18.25%
Maximum Annual Percentage Rate (APR)
Up to 1%
Service fee on utilized amount
None
Interest on unused limit
None
Service fee on unused limit
The terms available to each user may vary. The applicable amount, repayment period, interest rate, service fee, repayment obligation, and total amount payable are presented before confirmation.
Representative Example

Cost Illustration

The following example demonstrates how the cost of one credit usage may be calculated.

Calculation Parameters

  • Amount utilized: ₹5,000
  • Repayment period: 180 days
  • Annual interest rate: 18.25%
  • Daily interest rate: 0.05%
  • Service fee: 1% of the utilized amount

Interest: ₹5,000 × 18.25% × 180 ÷ 365 = ₹450

Service fee: ₹5,000 × 1% = ₹50

Summary Breakdown

Principal: ₹5,000
Total interest: ₹450
Service fee: ₹50
Total cost of credit: ₹500
Total amount payable ₹5,500
Cost Illustration Dashboard Breakdown
This example is provided for illustration only. Actual costs depend on the amount utilized, the applicable interest rate and service fee, the actual repayment period, and the terms presented to the user before confirmation.
Cycle & Restoration

Repayment and Available Credit

Manage active obligations and restore credit limits upon prompt repayment.

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Review Obligations

Users can review active repayment obligations and completed payment records within Credit Range.

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Credit Limit Restoration

After a payment has been successfully received and processed, the corresponding portion of the credit limit may become available again. Future availability remains subject to the user’s account status, eligibility, repayment record, applicable terms, and any required review.

User Qualifications

Account Requirements

To submit an account application, users must meet the following criteria:

01 Be at least 18 years old
02 Hold a valid identification document accepted for verification
03 Provide an active mobile number
04 Provide a valid bank account where required
05 Complete the applicable identity and eligibility checks