VeriLend : Personal loan

Get the financial flexibility you need with VeriLend! 

Whether you need funds for emergencies, personal expenses, or something else, we offer quick, hassle-free loans with clear terms and transparent fees.
 
Loan Details:

Loan Range: ₹2,000 to ₹100,000
Term of Borrowing: 93 days
Interest Rate: 0.06% per day
Service Fee: 2% of loan amount
GST: 18% on service fee
Maximum APR: 28.20%
 
How the Loan Works:

Amount Received:
Your loan amount is disbursed after deducting the service fee and applicable GST. 
For example, if you borrow ₹10,000:
Service Fee: ₹200
GST on Service Fee: ₹36
Amount Received: ₹9,764

Total Repayment:
At the end of the loan term, you’ll repay the principal plus interest and fees. 
For example, if you borrow ₹10,000:
Loan Amount: ₹10,000
Interest (93 days at 0.06% per day): ₹558
Service Fee: ₹200
GST on Service Fee: ₹36
Total Repayment: ₹10,794

Late Payment Penalty:
A late fee of 1% will apply for each day your payment is overdue.

Why Choose VeriLend?

Instant Loan Disbursement: Get your loan amount credited directly to your account quickly and without unnecessary delays.
 
Flexible Terms: With loan amounts ranging from ₹2,000 to ₹100,000 and flexible repayment terms, you can choose an option that best suits your financial situation.
 
Transparent Fees: We believe in complete transparency. All fees, including service charges and GST, are clearly communicated upfront.
 
No Hidden Charges: What you see is what you get. There are no hidden fees or complicated terms.
 
Simple Application Process: Apply for a loan in just a few easy steps through the VeriLend app or website. No paperwork, no hassle.
 
24/7 Customer Support: Our dedicated customer service team is available anytime you need help or have questions about your loan.
 
Secure & Reliable: VeriLend ensures the highest level of security for your data. Your information is protected with advanced encryption protocols.