KiranLoan - Credit Assistant

KiranLoan brings a revolving credit line close to your daily plans. With one direct application, a swift decision process, and funds ready when a permitted need appears, you can move ahead without visiting a branch or handling stacks of forms.

Before any draw is accepted, the full charge picture is presented in plain numbers. Repay at the time that works for you, clear the balance early with no penalty, and once repayment is received, your credit limit is restored at once for future use.

Key Features

Decisions in Minutes, Not Days

KiranLoan starts the eligibility review the moment your application reaches the system. There are no waiting lines or repeated callback loops — a clear credit decision is returned within minutes so you can proceed with certainty.

Your Amount, Your Choice

Select the precise amount you want to draw from your approved limit rather than accepting a preset package. Use only what the current situation calls for and leave the unused limit available for another occasion.

Complete Transparency, Zero Surprises

The complete cost — draw amount, daily interest, and total repayment — is displayed clearly before you confirm. No hidden charges and no fine-print traps apply; the amount shown is the amount you repay.

Settle Early, Save More

Interest is applied only while an unpaid balance remains. Clear your draw before the scheduled date with zero early repayment penalty, and interest stops on that same day, helping lower the total cost.

Security You Can Count On, Around the Clock

Every KiranLoan layer — stored data, transmitted information, and account access — is guarded by enterprise-grade encryption and continuous monitoring. Your information is managed with the care expected from a reliable financial partner.

Instant Limit Restoration

Pay off any outstanding balance whenever you decide, and your full credit limit is restored without delay — no fresh application and no repeated identity checks. Your KiranLoan credit line becomes ready again once the repayment clears.

Credit Line Details

• Credit Line Range: INR 3,000 – 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%

After the outstanding balance is repaid, your credit limit automatically returns to the full approved amount and becomes available again immediately, subject to your current account standing.

Cost Illustration

The example below is only illustrative and shows how interest at a daily rate may accumulate across a typical usage period.

• Amount Drawn: INR 10,000

• Daily Rate: 0.065%

• Usage Period: 100 days

Cost Breakdown

INR 10,000 × 0.065% × 100 days = INR 650

Total Repayment: INR 10,650

Interest is calculated daily on the unpaid balance. Drawing less, repaying sooner, or making part-payments can each reduce the final cost.

Eligibility Requirements

• Be at least 18 years of age — You must be legally recognised as an adult 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 (Aadhaar, PAN, Passport, or equivalent) is required to confirm your identity.

• Pass KiranLoan's eligibility assessment — Our fast, automated, and impartial review confirms your profile meets our credit standards before access to the credit line is granted.

Customer Support

From your first application until final repayment, our support team is available to assist. Each message reaches a real person who understands the product, and we respond promptly without exception.

Customer service email: support@kiranloan.com