Acceptance of Terms
By accessing or using Loan Sathi, you agree to be bound by these Terms & Conditions and our Privacy Policy. If you do not agree, please do not use the service.
About the Service
Loan Sathi is a loan facilitation platform. We help you apply for a personal loan and connect you with RBI-registered lending partners.
Important Notice: Loan Sathi is not a lender, bank or NBFC, is not registered with the RBI, and does not disburse loans. Submitting an application does not guarantee approval. All loans are subject to the credit appraisal and approval of our RBI-registered lending partners.
Eligibility Criteria
- You are an Indian citizen aged 21 years or above.
- You are salaried with a minimum monthly income of ₹20,000.
- You hold a valid PAN card and a savings bank account.
- You provide accurate and complete information.
Loan Amount, Fees & Repayment
- Loan amounts range from ₹1,000 to ₹25,000, for a tenure of 10 to 180 days.
- Loans are interest-free (0% interest).
- In place of interest, flat fees totalling 25% of the loan amount apply: a platform fee (5%), a service fee (10%) and a processing fee (10%).
- These fees are deducted up front, so the amount credited to you (net disbursal) is the loan amount minus the fees; you repay the full loan amount over the chosen tenure.
- Exact fees are confirmed by the lending partner before disbursal.