SSaiLoan

SSaiLoan asks for one application and sets a credit limit from it. After that the limit simply stays with you, open and ready, with no fee for keeping it there.
Draw from it whenever funds are needed, in whatever amount suits. The full price is on screen before anything is confirmed, interest applies only to what has been taken, and only across the days that amount stays unpaid.
Key Features
Apply Once, Not Every Time
The assessment happens once. From then on the credit is already sanctioned, so there is no repeat form, no branch visit, and no fresh decision to wait for.
The Limit Is Already Yours
Approved amount, current usage, remaining availability and earlier bills sit on one page, so the position of the account is clear at any moment.
Read the Cost, Then Decide
Each rate, charge and condition appears in plain language before a draw goes through. What you agree to is what falls due.
Idle Days Are Free Days
A limit left untouched carries no charge at all. Costs start the day funds leave and stop the day they return.
Protected on Every Request
End-to-end encryption and verification at several steps keep personal and financial details from reaching anyone else.
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%
Repaying the outstanding amount restores the limit to its full approved value, usable again subject to the standing of the account at that point.
Cost Illustration
The sample below shows how interest at a daily rate accumulates over a representative period of use.
- 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 each day on the balance still owed. A smaller draw, an earlier settlement, or part-payments along the way will each lower the total.
Eligibility Requirements
- Be at least 18 years of age — Under Indian law, only a person who has turned 18 can enter a credit agreement.
- Hold a valid government-issued ID document — Confirming identity requires a current credential issued by an Indian authority, including Aadhaar, PAN, Passport, or an equivalent.
- Pass SSaiLoan's eligibility assessment — An automated, impartial review establishes whether the submitted profile meets our credit standards before access is given.
Customer Support
From opening the account through to the last repayment, our support team is available, and each enquiry reaches someone who understands the service.
Customer service email: [email protected]