Plan Mate – Loan Credit Limit

PlanMate – Loan Credit Limit App

PlanMate is a simple and convenient loan credit limit platform designed to help eligible users explore personal financing options in a clear, secure, and transparent way.

Whether you need funds for planned expenses, emergencies, education, medical needs, travel, or other personal requirements, PlanMate helps eligible users explore available loan options and understand important loan terms before proceeding.

Loan Details

Loan facilities available through the platform may vary depending on the lender, loan amount, repayment tenure, customer profile, eligibility, and applicable terms.

* Maximum Loan Amount: Up to ₹5,00,000*
* Repayment Tenure: 91 to 360 days*
* Processing Fee: Up to 1% of the loan principal, plus applicable GST*
* Maximum APR: Up to 36% per annum*
* Interest Rate: Based on the applicable lender offer and customer eligibility

*The actual loan amount, interest rate, tenure, processing fee, APR, and other terms are subject to customer eligibility, lender assessment, and applicable regulatory requirements.

All applicable interest rates, fees, repayment obligations, and other important loan information are disclosed to eligible users before loan confirmation.

Sample Loan Illustration

Example for a ₹40,000 loan with a 120-day repayment tenure:

Loan Details Amount
Loan Amount ₹40,000
Repayment Tenure 120 Days
Illustrative APR 12.6%
Monthly Installment ₹10,414
Total Amount Payable ₹41,657
Interest Payable ₹1,657
Processing Fee ₹400
GST on Processing Fee ₹72
Total Loan Cost ₹2,129
Net Disbursed Amount ₹39,528

Important: This is an illustrative example for reference only. The actual loan amount, interest rate, APR, installment, processing fee, GST, total repayment amount, and net disbursal may vary depending on the user’s eligibility and the lender’s approved offer.

Applicable processing fees and GST may be deducted upfront from the approved loan amount at the time of disbursement, as disclosed to the user before confirmation.

Application Procedure

1. Download and install the PlanMate – Loan Credit Limit App.
2. Enter the required personal and financial information.
3. Complete the loan application and eligibility process.
4. Review the available loan offer, interest rate, fees, tenure, and repayment details.
5. If eligible and you choose to proceed, complete the required verification and documentation.
6. Loan disbursement is subject to lender approval and applicable terms.

Lender Information

PlanMate facilitates access to loan-related services through its lending partner:

Mahavira Finlease Limited
CIN: U65921DL1996PLC191136
Registered Address: 193, Patparganj Industrial Area, Delhi – 110092

Support

For questions regarding applications, loan information, or customer support:

Mahavira Finlease Limited
📞 011-42427474
✉️ [email protected]
✉️ [email protected]

Support Hours: Monday – Saturday, 10:00 AM – 6:00 PM

Important Information

Loan approval, credit limit, interest rate, repayment tenure, processing charges, and other terms are subject to customer eligibility, lender assessment, and applicable policies.

PlanMate does not guarantee loan approval or a specific credit limit. Users should carefully review the complete loan agreement, applicable charges, interest rate, APR, repayment schedule, and other terms before accepting any loan offer.

All financial services are subject to applicable laws, regulations, and lender policies.