Platform Fee i
Calculated on principal received in each instalment. May vary by tenure.
Platform Fee
View fee by tenure ›See example
You invest ₹1,000 in a 2-month loan at 1% platform fee.
● EMI 1
● EMI 2
Fee % varies by tenure. Illustrative only.
Recovery Fee i
Only when a 90+ day overdue loan is recovered. No recovery, no fee.
How is it calculated? ▼
Total Recovery Fee
25% of Recovered Amount (third-party expense)
+
Recovery Fee (slab-based)
Fee Slabs & Examples
Fee varies based on how long the loan is overdue.
Up to ₹5,000
₹1,000₹2,000
₹5,001 – ₹10,000
₹2,000₹5,000
₹10,001 – ₹20,000
₹3,000₹7,000
₹20,001 – ₹30,000
₹4,000₹9,000
₹30,001 – ₹40,000
₹5,000₹12,000
₹40,001 – ₹50,000
₹6,000₹15,000
₹50,001+
₹7,000₹17,000
See examples
Example 1
Let's say you lent ₹4,000 and the loan is overdue for 120 days. The recovery team collects ₹2,800 (70%).
Example 2
Let's say you lent ₹30,000 and the loan is overdue for 150 days. ₹24,000 is recovered (80%).
Example 1
Let's say you lent ₹4,000 and the loan has been overdue for 210 days. Only ₹2,400 is recovered (60%). Here, fees are capped at the recovered amount.
Example 2
Let's say you lent ₹30,000 and the loan has been overdue for 250 days. ₹15,000 is recovered (50%).
Platform Fee
×- Platform fee is charged for managing your lending on the platform.
- Applied on the principal received in each instalment — not on interest.
- Fee percentage varies by loan tenure — shorter tenures may have different rates.
- Deducted only when you receive repayments — never upfront.
Recovery Fee
×- Applies only when a loan overdue by 90+ days is successfully recovered.
- 25% of recovered amount goes to third-party recovery partners who handle the collection.
- A fixed slab-based recovery fee depending on loan amount & how long the loan is overdue.
- Remaining amount is paid out to you as the lender.
- Both fees are deducted only from the recovered amount.
- No recovery = no fee. You are never charged if nothing is collected.
Platform Fee by Tenure
×Fee is calculated on principal received in each instalment.
1 – 3 months
1%
4 – 6 months
3 – 4%
9 – 12 months
6%