Olyv: Loans & Credit Score

Olyv (Formerly SmartCoin)

About this app

Olyv (formerly SmartCoin): Your All-in-One Financial Wellness App

Olyv is India’s #1 app to access quick, 100% digital loans and manage your financial health with ease. Our seamless process lets you secure loans directly in your bank account in minutes, with no paperwork required! Also, stay on top of your credit health by tracking your credit score for free, fraud prevention, summarized loan and credit summary. You also get personalized insights about your credit health and tips to boost it. With Olyv’s digital gold savings feature, start investing with as little as ₹10—safe, secure, and accessible anytime.

Instant Personal Loans up to ₹5 lakh*

→ Trusted by ~3 Cr Indians
→ RBI registered lenders
→ 100% digital loan application journey
→ No collateral or paperwork
→ Tenure: Minimum period for repayment- 2 months, Maximum period for
repayment- 24 months
→ Flexi EMIs & interest starting at 1.5% per month
→ APR range – 30 to 90%

Example (hypothetical scenario)
• Loan amount: ₹65,000
• Processing fee (3% of loan amount including 18% GST) : ₹2,301
• Total Loan amount: ₹67,301
• Interest: 3% per month
• Tenure: 9 months
• Your EMI: ₹8,349
• Total Amount to be paid: ₹ 8,349 x 9 = ₹ 75,132
• Total interest paid: ₹ 75,132 - ₹ 67,301 = ₹ 7,831
• Total cost of loan: ₹ 7,831 + ₹ 2,301 = ₹ 10,132
• APR (Annual Percentage Rate): 28.58%

Lenders

• Upmove Capital Private Limited (http://upmove.in/)
• Vivriti Capital Private Limited (https://www.vivriticapital.com/)
• Northern Arc Capital Limited (https://www.northernarc.com/)
• Incred Financial Services Limited (https://www.incred.com/)
• PayU Finance India Private Limited (https://www.payufin.in/)
• Poonawalla Fincorp (https://poonawallafincorp.com/)

Credit Health

A.) Credit Score
→ Automatic Monthly Credit Score Refresh with Whatsapp Updates
→ In Depth Credit Insights

B.) Fraud Prevention
→ Pro-Active Fraud Alerts
→ Monthly Whatsapp updates

C.) Loan Management System(LMS)
→ Active Summary and Credit Monitoring
→ Monitor Payment and Balances
→ Active Monthly Credit Refresh and Insights

Digital Gold Savings

Save regularly with as low as ₹10* with guaranteed safety
→ No storage charges
→ 24 K 99.9% pure gold
→ 24x7 redeeming options

Terms and Conditions: https://smartcoin.co.in/terms_and_conditions.html
Privacy Policy: https://smartcoin.co.in/privacy_policy.html

Queries & contact

Phone: [phone]
Address: SmartCoin Financials Pvt. Ltd.
Indiqube Gamma, No.293/154/172
2nd floor, Outer Ring Road,
Kadubeesanahalli, Bengaluru,
Karnataka 560103.
Mail: [e-mail]

* T&C Apply

Ratings and reviews

The most catchy feature of this app is discounts for first time use with offers. I used & availed a discount. Olyv is one of the beneficial apps for online loans as it not only provides the lowest emi as well as a low interest rate. I applied for loan at bank as I had good credit score but they had a huge list of docs to be submitted & most importantly, I had to visit the bank once for it, which was not possible due to hectic office hours. Customer support is also prompt, based on my experience.

Olyv is a reliable option when it comes to repeat loans. It has transformed the way a user can access credit, especially when u r in urgent need. Thanks to the best UI they have, as well as the notifications they send from time to time. My last loan was closed almost 1 yr ago & I used to get a notification sms that i was already eligible for the next loan. When i applied for this then the only thing i updated was my bank statement, the rest was already with them & got the amount in just 24 hrs.

This app shines with its great user support system, always setting a high standard of prompt service. Very well trained staff with gr8 skills to identify the real issue a user is facing. While applying for my 3rd loan, I was unable to upload my bank records. It failed so many times that I almost gave up, but when I sent my query over WhatsApp, they mentioned that I'm uploading only 5 months' statements, as 5 months ago i joined a new company, so I have only 5 M records but now it is done. Thanks

What's new

"SmartCoin is now Olyv: Fresh app, sleek design, and a new name. Your trust, still the same."