AdapLoan - Credit Assistant

AdapLoan is a smart revolving credit platform built to give users a transparent, adaptable way to access and manage their approved credit line — right from their smartphone. Once your eligibility is reviewed and approved, you gain access to a ready credit limit whenever you need it. There are no costs while your line sits idle, and interest applies only on the days you choose to draw. Stay in full control — borrow what you need, repay at your pace, and your limit resets the moment you pay back.

Key Features

Unified Credit Overview

Your approved credit limit, current outstanding balance, and available funds are all displayed in one organised screen — so you always know exactly where you stand without having to dig around.

On-Demand Fund Access

Draw from your credit line whenever you decide and in the amount you choose. No reapplying, no branch visits, no waiting — your approved funds are always one tap away.

Clear, Upfront Pricing

All applicable rates, fees, and conditions are fully disclosed before you confirm any draw. What you see is exactly what you pay — no hidden charges, no fine print surprises.

Zero Idle Cost

Holding your credit line on standby costs you nothing at all. Interest only begins the moment you draw, and stops as soon as you repay the outstanding amount.

Auto Limit Restoration

Once you repay what you have drawn, your credit limit resets automatically to the full approved amount — immediately available again with no waiting period or manual request.

Always-On Security

AES-256 encryption, continuous fraud monitoring, and strict access controls work around the clock to keep your personal and financial data fully protected at all times.

Credit Line Details

- Credit Line Range: INR 10,000 – INR 50,000

- Maximum Usage Period: up to 365 days

- Daily Usage Rate: up to 0.065% per day

- Maximum Annualized Rate (APR): up to 23.73%Once you repay your outstanding balance, your credit limit resets automatically to the full approved amount — immediately available again, subject to your current account standing.

Cost Illustration

The example below is purely illustrative — it shows how daily-rate interest accumulates over a typical borrowing period.

- Amount Drawn: INR 10,000

- Daily Rate: 0.065%

- Usage Period: 100 days

Cost Breakdown

INR 10,000 × 0.065% × 100 days = INR 650Total Repayment: INR 10,650Your actual repayment depends on the amount you draw and the exact number of days it remains outstanding. Repay earlier to reduce your total cost.

Eligibility Requirements

- Be at least 18 years of age — you must be legally of adult age to enter into a credit agreement under Indian law.

- Hold a valid government-issued ID document — a current, verifiable identity document issued by Indian authorities is required to confirm your identity.

- Pass AdapLoan's eligibility assessment — our review confirms your profile meets our credit standards before access to the credit line is granted.

Customer Support

Whether you are new to AdapLoan or an existing user, our support team is ready to help — from account setup questions to repaymentmguidance.Customer service email: support@adaploan.com