Lincred

Lincred — Credit That Keeps Up With You
Life rarely waits for payday. A school fee lands early, a phone breaks, a family visit comes up at short notice. Lincred gives you a credit line that is ready before you need it, so a sudden expense becomes a plan instead of a problem.

One Limit, Many Uses
Once approved, your limit stays available in the app. Draw only what you need, when you need it, and pay interest only on the amount you use for the days you use it. Repay, and the same limit is ready for you again — no fresh application every time.

Every Number, Up Front
Before you confirm a withdrawal, Lincred shows you the interest, the processing fee with GST, the amount that reaches your account, and the total you will repay. Those are the numbers you agree to. Nothing is added later.

Paperless From Start to Finish
Aadhaar, PAN and a selfie are all it takes to begin. No branch visits, no printouts, no waiting in line. Most applications are completed on your phone in a few minutes.

Product Features
Credit Limit: ₹2,000 to ₹80,000
Duration: 91 to 365 days
Interest Rate: 0.06% per day, calculated daily
Maximum APR (Annual Percentage Rate): 51%
Processing Fee: 2% to 4% of the drawn amount + GST
Decision Time: Typically within 10 minutes
Direct disbursal to your linked bank account
Lending Partner: Lincred Private Limited
Eligibility: Indian citizen, aged 18 or above, salaried or self-employed, meeting the minimum income requirement, with no adverse record at the credit bureau
Documents Required: Aadhaar, PAN, and a selfie

Representative Example
Credit Limit Used: ₹8,000
Duration: 120 days
Daily Interest: ₹8,000 × 0.06% × 120 days = ₹576.00
Processing Fee: ₹240 (3% of ₹8,000) + GST @18%: ₹43.20 = ₹283.20 total
Amount Disbursed: ₹7,716.80 (Processing Fee + GST deducted upfront)
Total Repayment Amount (Credit Limit Used + Interest): ₹8,576.00
Effective APR for this example: approximately 37.9%

Note – All the above numbers are for representation only. The final interest rate, processing fee, and APR will vary depending on your profile assessment and how long you hold the amount.

Who Lincred Is For
Working professionals and self-employed Indians who want a dependable backup for everyday expenses, and who prefer to see the full cost before they commit.

Support
Monday–Saturday, 9:30 AM–6:30 PM📧 Email: [email protected]