Manage your credit access more flexibly with LoanOrbit.
LoanOrbit is a digital platform that enables eligible users to access and manage line of credit related services through a mobile experience. Users may review available credit options, manage account activity, submit eligible utilization requests, and monitor repayments directly within the application.
Key App Functions
Mobile registration and account setup
Identity verification workflows
View available credit access options
Access funds within approved limits
Monitor utilization and repayment information
Digital repayment support
Customer assistance services
Why Choose a Line of Credit?
A line of credit provides reusable access within an approved limit. Users may choose how much of the available amount to utilize instead of accessing the entire limit at one time.
Features may include:
Reusable credit availability
Flexible utilization requests
Charges based on utilized amount and applicable terms
Digital account management and activity tracking
How LoanOrbit Works
1. Download and install LoanOrbit
2. Register with your mobile number
3. Complete verification requirements
4. Review available options, where applicable
5. Submit requests within approved limits
6. If approved, utilized amounts may be transferred to a verified bank account
7. Manage repayments within the application
Line of Credit Details
Eligible Credit Limit: ₹3,000 – ₹80,000
Repayment Period: 93 – 120 days
Daily Interest Rate: 0.05%
Service Fee: Up to 2% of utilized amount
GST: 18% applicable on service fee
Annual Percentage Rate (APR): 22% – 28%
Actual limits, pricing, charges, and availability may vary based on eligibility assessment and applicable conditions.
Illustrative Example
Approved Credit Limit: ₹50,000
Amount Utilized: ₹50,000
Repayment Period: 120 days
Interest: ₹3,000
Service Fee (2%): ₹1,000
GST on Service Fee: ₹180
Total Charges: ₹4,180
Amount Accessed: ₹50,000
Total Repayment Amount: ₹54,180
This example is for illustration only and does not guarantee approval, pricing, or service availability.
Privacy & Security
LoanOrbit applies security and operational measures to support protection of user information.
Information may be processed only where necessary for:
identity verification
eligibility assessment
fraud prevention
customer support
account administration
service operations
Please review the Privacy Policy in the application for more details.
Important Information
LoanOrbit operates as a digital platform supporting access to financial services.
LoanOrbit does not independently determine approval outcomes, pricing, repayment obligations, or service availability.
All approvals, limits, charges, and financial arrangements remain subject to eligibility review and applicable service requirements.
Users should review applicable terms, repayment obligations, and charges before using any financial service.