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Interest rates & charges
Interest 0.5% to 1% per day (APR 182.5% – 365%), only for the days you keep the money.
- Just Aadhaar & PAN
- No salary slip to apply
- Low credit score? Apply anyway
- Money straight to your bank
Charges at a glance
| Charge | Details |
|---|---|
| Interest | 0.5% – 1% per day on the loan amount |
| APR (yearly) | 182.5% – 365% |
| Tenure | 30 days – 365 days |
| Processing fee & GST | As per the lender's Key Fact Statement |
| Advance fee | None — BrightDhan never charges one |
Examples at 0.5% per day
| Loan | Days | Interest | Total to repay |
|---|---|---|---|
| ₹10,000 | 30 | ₹1,500 | ₹11,500 |
| ₹25,000 | 30 | ₹3,750 | ₹28,750 |
| ₹50,000 | 60 | ₹15,000 | ₹65,000 |
Examples at the lowest rate, before processing fee and GST. Your rate depends on your profile.
Repay early, pay less
Interest is calculated per day. If you repay before the due date, you pay interest only for the days you used the money. The cooling-off (look-up) period in the Key Fact Statement lets you exit early without penalty.
Late payment
Late payment charges, if any, are set by the lender and listed in the Key Fact Statement. Late payments are reported to credit bureaus and can lower your score.
Frequently asked questions
Is approval guaranteed?
No. The RBI-regulated lending partner decides after its own checks (KYC, credit history, income). Applying is free.
Do I have to pay anything to apply?
No. BrightDhan never asks for an advance fee. If anyone asks you for money to approve a loan, do not pay and call us on +91 85957 02470.