Revolving Credit Product
Assess first, use later – your on-the-go emergency fund
Credit Product Introduction
CashLoop redefines credit lending tools – it's not a starting point for debt, but a credit partner that empowers you. We break the old rule of traditional finance: borrow money and you must use it immediately.
CashLoop uses an intelligent risk control system to assess and lock in a personalized credit line based on your identity information, daily spending, and credit behavior. This credit line isn't a bill urging you to borrow, but rather a safety net reserved for you.
Once the credit line is approved, it will never incur any fees as long as you don't withdraw it – like an invisible emergency fund, quietly guarding your account. You can only activate this credit line when you truly need funds.
Credit Limit & Fees
Credit Limit Range
2,000 – 100,000 INR
Minimum to maximum withdrawal amount
Withdrawal Period
Up to 365 days
Flexible options, supports daily billing
Daily Interest
0.05% / day
Max annualized rate 18.25%
Withdrawal Fee
3% per withdrawal
Covers payment channel costs
Extension Policy: If full repayment is not possible by the due date, interest will still be charged at 0.05%/day for the extended period.
Withdrawal Example
Assume 10,000 INR limit, 100 days period, 0.05% daily rate
Amount Received
After deducting 3% fee: 10,000 - 300 = 9,700 INR
Interest Calculation
Daily: 10,000 × 0.05% = 5 INR. Total for 100 days: 500 INR
Repayment at Maturity
Principal + interest: 10,000 + 500 = 10,500 INR
If you repay early, interest is calculated based on actual days used.