Home/What a CashOFin loan
What a CashOFin loan costs
Every charge that can ever apply to your loan is on this page. If a number is not listed here, we do not charge it.
Last updated [DATE] · Loans issued by Tek Hire Purchase & Leasing Private Limited, RBI registration B-14.03492
The rate card
These are the limits every CashOFin loan sits inside. Your own amount and rate are set when we assess your application. Both, and the tenure options you can choose between, are shown in full on the offer before you accept anything.
A worked example
Take a ₹50,000 loan over 90 days at the maximum processing fee. The fee and its GST are deducted before the money reaches you, so the amount credited is lower than the amount you borrowed.
Deducted up front
Repaid over 90 days
What the tenure costs
The tenure you pick is the single biggest lever on what a loan costs. Every option we offer, on the same ₹50,000 loan:
Total interest on a ₹50,000 loan
At up to 1% per day, interest scales straight with the number of days you hold the loan. A longer tenure makes each repayment smaller and the total larger — that is the whole trade-off.
Interest only. The 10% processing fee and its 18% GST are deducted up front and do not change with tenure.
Paying off early
You can settle the whole balance at any point in the tenure and we charge nothing for it. Interest stops on the day the payment clears, so clearing early genuinely costs you less. Partial prepayments are welcome too — pay through the repay page and the balance updates the same day.
If you miss a repayment
A late payment fee of [LATE FEE] applies, and the missed payment is reported to the credit bureaus, which affects your score. If you expect to miss a payment, contact support before the due date rather than after — there is more we can do beforehand.
See your own numbers.
An eligibility check takes two minutes and shows the amount, tenure and total cost you personally qualify for.