Terms & Conditions
Last updated: 16 July 2026
By accessing kredilo.in or applying for a loan, you agree to these Terms. Please read them carefully.
1. Eligibility
You must be an Indian citizen aged 21–60 with a minimum monthly income of ₹15,000, a valid bank account, PAN and Aadhaar. Approval is subject to our credit and risk assessment.
2. Loans, fees & interest
Loans range from ₹10,000 to ₹5,00,000. A platform fee of 10% of the loan amount applies, plus 18% GST on that fee. Interest accrues at 1% per day on the loan amount for the selected tenure (7–90 days). All charges are disclosed on the Key Fact Statement before you accept. There is no prepayment penalty.
3. Lending partner
Loans are issued by our RBI-registered NBFC partner. Kredilo operates as a technology and service platform facilitating the loan.
4. Repayment
You agree to repay the total amount due by the due date. Repay only through the official Kredilo app or website. Never share your OTP, PIN or password with anyone.
5. Acceptable use
You agree not to provide false information, misuse the platform, or attempt to compromise its security. We may suspend accounts that breach these Terms.
6. Limitation of liability
The service is provided “as is”. To the extent permitted by law, Kredilo is not liable for indirect or consequential losses arising from use of the platform.
7. Grievance redressal
For any complaint, contact [email protected]. Also see our Fair Practice Code.
8. Governing law
These Terms are governed by the laws of India, with exclusive jurisdiction of the courts at the registered office location.