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Eligibility: Only for salaried persons


Eligibility: Only for salaried persons with minimum salary of 45000 per month.

Loan Application

Loan Details

Loan Amount*
Monthly Salary*
Purpose of Loan *

Personal Details

Full Name [As per PAN Card]*
Email*
Mobile Number*
Date Of Birth *
PAN Card*
Aadhaar Card *
Select Gender*
Address Type*
Complete Address *
State*
City*
Pin Code*
I agree to the Borrowera Terms-and-Conditions and Privacy-Policy .

NEVER PAY IN CASH OR INTO ANYONE'S PERSONAL ACCOUNT

You are requested never to pay our representatives either in cash or in their personal accounts. We, being a digital loan, discourage any kind of payment in cash. You have several options to make payment. Call our representative who will guide you in this matter. We will not be liable for any payment you may make in cash to our representative or into their personal account. This will not constitute as part of your repayment.

ALSO NEVER ENTERTAIN ANY DEMAND FOR COMMISSION BY ANY OF OUR REPRESENTATIVE, EITHER IN YOUR CITY OR IN HEAD OFFICE DELHI. IF SUCH DEMAND COMES PLEASE CALL AND REPORT THE MATTER DIRECTLY AT THIS NUMBER

Info@borrowera.com & admin@borrowera.com

Note: Content reviewed with ChatGPT assistance



Rates & Charges

  • Minimum loan amount - Rs 5,000 /-
  • Maximum loan amount - Rs 1,00,000 /-
  • Tenure - 7 Days to 180 Days.
  • Processing fee - upto 10% of loan amount

Rates & Charges

  • No pre - closure charges
  • No prepayment charges
  • ROI (Rate of interest)upto 1% per Day
  • APR (Annual Percentage Rate) 375% per annum
  • Bounce charges: Rs. 1000/-


How is APR determined?

Annual percentage rate (APR) is determined based on your credit score, the amount you wish to borrow and your steady income. Generally, a good CIBIL score calls for a low APR while a poor CIBIL score means high APR. But we have a fixed APR which is the same for all.

Working of Our Rates & Fees

APR reflects the true cost of borrowing money. It includes the annual interest rate, a nominal processing fee and other miscellaneous expenses. APR is usually lower than your credit card interest rate. APR is the actual annual cost of your loan that helps you compare various loan offers from different lenders. We have a fixed APR upto 375% per annum.



Monthly Payment Example

Loan Amount APR Tenure Processing Fees Gst on Processing Fees Amount Disbursed Total Repayment Amount Total Interest
Rs.50000 375% per annum 7-180 Days upto 10% of loan amount 18% Rs. 45000 to 46000 Rs.60000 Rs.10000
Note: APR (including APR 375 % per annum + Processing Fee 7% to 10%)

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