Benefits of our Credit Line
A digital credit amount that can be used multiple bookings on your platform over time. The best part is that this credit line is locked to your platform and cannot be used by your customers for bookings with other agents or for individual bookings
Limits & Tenor
Credit Line Amount:- up to ₹10 lacs
Tenor:- 45 days to 24 months
Eligibility:- Your customers are eligible if they meet these requirements
Age:- 21 to 58 years old
Residency:- Must reside in India
Income:- Minimum ₹15,000 monthly income (salaried or self-employed)
Credit History: We will also review their credit history
Who Can Apply?
Salaried individuals
Self-employed individuals
Minimum Income Requirement
Minimum monthly income: ₹15,000
Credit Line Validity
Credit lines are valid for 45 days.
Required Documents
To ensure a seamless journey for your customers, we take the minimum required documents in our fully digital journey.
In case your customer requires a credit line up to ₹15,000, they can be approved under our “Straight Through Process” with only KYC documents. Customers can also upgrade their credit line to up to ₹10 lacs by submitting additional documents
For credit lines up to ₹ 15,000:
PAN Card and Aadhaar Card (front and back)
Salaried person
- PAN Card and Aadhaar Card (front & back)
- Last 6 May require latest month’s salary slip or ITR months bank statement as on date (PDF downloaded from netbanking)
- May require latest month’s salary slip or ITR
Self-employed
- PAN Card and Aadhaar Card (front & back)
- One business document (GST number, Udyog Aadhaar number, Shops & License Establishment Certi cate or Udyam Aadhaar)
- 6 months bank account as on date (please share the account that contains business transactions)
- Latest IT
Flexibility
Process applications with missing business / income document on a case-by-case basis. Alternatively, your customer can nominate a family member (parent, sibling, child, spouse, grandparent, grandchild, or parent-in-law) to apply on their behalf. Customers can use the credit line for multiple bookings within the validity period.
Fees
One-time processing fee: 2-3% + GST
Interest: Starts at 1% per month (varies based on credit pro le)
Approval Time
Online applications: Instant decision
Ofline applications: Decision within 2 business hours (complete documents required)
Foreclosure
Customers can foreclose after 45 days from booking (no fees)
A 4% fee applies for foreclosure within the rst 45 days
Missed Payments
Missed payments incur a bounce charge (₹295) and a late fee (0.067% per day, excluding GST).