FinLumi - Credit Assistant

About FinLumi - Credit Assistant

FinLumi lights up the path to hassle-free credit. A single application connects you to a revolving credit line that grows with you — available around the clock, managed entirely from your phone.
Withdraw what you need, see every cost before you commit, and repay at your own pace. The moment your balance clears, your credit is fully restored — no paperwork, no waiting, no surprises.

Key Features
Speed That Respects Your Time
The moment you submit, FinLumi's engine gets to work. Our automated review returns a credit decision in minutes — no phone tag, no back-and-forth email chains, no uncertainty about where your application stands.
Withdraw on Your Terms
Your approved limit is yours to use as you see fit. Draw any amount — from the minimum up to your full limit — each time you need funds. The unused portion stays available and earns no interest until you draw it.
Pricing You Can See and Trust
Before you confirm any draw, FinLumi shows you the complete picture: principal, interest, and total repayment. The number on screen is the number you pay — nothing added later, nothing buried in the small print.
Pay Off Faster, Pay Less Overall
FinLumi charges interest only for the days your balance is outstanding. Clear your draw early and the interest charge drops accordingly — there is no prepayment fee, and there is no catch. Speed of repayment works in your favour.
Protection That Never Clocks Off
FinLumi applies end-to-end encryption to every piece of data you share — in transit and at rest. Strict access controls and continuous automated monitoring mean your account and personal information are guarded at every moment, not just business hours.
Instant Limit Restoration
The moment your repayment lands, your full credit limit is reinstated automatically — no reapplication, no verification repeat, no delay. FinLumi credit is designed to stay in your corner, ready to go whenever you are.

Credit Line Details
- Credit Line Range: INR 3,000 – INR 50,000
- Minimum Loan Term: 91 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 650
Total Repayment: INR 10,650
Interest is charged per calendar day on the outstanding balance only. Drawing a smaller sum, repaying before the due date, or making part payments all reduce the final figure you pay.

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 (Aadhaar, PAN, Passport, or equivalent) is required to confirm your identity.
- Pass FinLumi's eligibility assessment — our fast, automated assessment is fair and consistent. Most applicants receive a result without any further steps, straight after submitting.

Customer Support
Our support team is made up of people who know FinLumi inside out. Whether it's a question about your application, a charge that needs explaining, or anything at all about your account — write to us and we will reply promptly.
Customer service email: [email protected]