LoanMoni - Credit Assistant

LoanMoni is a digital revolving credit platform designed to give users a clear, flexible way to access, monitor, and manage their pre-approved credit line — from the moment they're approved to every rupee they draw.Once eligibility is confirmed, your assigned credit limit is available on demand — with no charges until you actually use it. Draw exactly what you need, repay at your own pace, and access your limit again the moment you repay. No fixed loan, no rigid schedule.

Key Features

Real-Time Credit Dashboard

Your available balance, current utilisation, and full transaction history — all in one organised view, updated live.

Instant Fund Access

Tap once to draw funds. No reapplying, no branch visits, no waiting. Your approved credit is already there for you.

Transparent Fee Breakdown

Every charge is shown clearly before you confirm. You always know the exact cost — no fine print to decode later.

Pay Only for Usage

There's no cost to hold your credit line on standby. Interest is calculated only for the days you actually borrow.

Auto Limit Restoration

Repay any amount and your limit bounces back instantly — no waiting period, no manual request required.

Enterprise-Grade Security

256-bit encryption, biometric authentication, and continuous monitoring keep your account and data safe at all times.

Credit Line Details

- Credit Line Range: INR 1,000 – 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 10,650

Your actual repayment depends on the amount you draw and the exact number of days it remains outstanding. Pay back sooner to reduce the 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.

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

Customer Support

Whether you're new to LoanMoni or a returning user, our support team is always ready — from account setup queries to repayment help.

Customer service email: support@loanmoni.com