LoanMargLine-Loan & Credit

LoanMarg gives eligible users access to a revolving line of credit built to support more flexible financial management. After approval, a credit limit becomes available for use over time, allowing users to draw funds when necessary, complete repayments conveniently, and continue accessing restored limits without submitting a new application for each use.

Rather than applying for a separate loan repeatedly, users may access available credit within the approved limit based on their current needs. LoanMarg is designed to support day-to-day spending requirements, temporary funding needs, and planned purchases while helping users maintain better control over short-term cash flow.

Credit Information

Available Credit Limit: ₹3,000 – ₹90,000
Repayment Tenure: Up to 120 days per withdrawal
Interest Rate: Starting from 0.05% per day (charged only on the amount utilized)
Fees: No processing fees or hidden charges
Maximum APR: Up to 18.25% annually

How LoanMarg Works

Check Eligibility
Submit a simple application through the app to determine eligibility and receive an approved credit limit.

Access Funds as Needed
Choose the amount to withdraw within the available credit limit according to individual requirements.

Pay Based on Usage
Interest applies only to the amount used, and users may choose to complete repayment earlier where available.

Continue Using Your Credit Line
As repayments are completed, the available limit may become accessible again for future withdrawals.

Illustrative Example

If ₹10,000 is withdrawn and the applicable interest rate is 0.05% per day, the daily interest amount would be ₹5.

For a withdrawal period of 93 days, total interest would equal ₹465, resulting in a total repayment amount of ₹10,465.

Why LoanMarg

Access available credit without repeating the application process
Transparent pricing with clearly presented costs and repayment information
Suitable for short-term financial planning and temporary funding needs
Flexible access and repayment structure within the approved limit
Simple mobile experience with guided in-app steps

Additional Features

Convenient application and account management through the app
Repayment information displayed before confirmation
Secure processing of account and transaction data
Encourages responsible use through structured repayment arrangements

LoanMarg is designed to provide a reusable credit solution that supports changing financial requirements over time. By allowing access to approved credit when needed and restoring availability after repayment, users can manage short-term financial demands more efficiently.

Users are encouraged to review applicable terms, eligibility requirements, and lending partner conditions before using the service.