airpay capital: Loan App

Airpay Payment Service Limited

About this app

airpay capital offers digital Personal Loan and Business Loan with simple onboarding, transparent terms, and quick approvals.

Both salaried and self-employed individuals can apply for loans with an easy and secure process.

⚫Key Highlights
✅ 100% digital process: Apply, verify, check offers, and track your loans online
✅ Loan disbursal: Typically, within 24–48 hours after approval
✅ Repayment: EMIs via eNACH and UPI mandate; part-payment and foreclosure allowed via Debit Card, UPI, or Net Banking
✅ Secure: Bank-grade encryption with strict data protection

⚫Why choose airpay capital?
✅Transparent lending with no hidden charges and quick approvals ✅Flexible tenures and repayment options to match your cashflows
✅Clear, example-based pricing so you know costs upfront
✅RBI-authorised NBFC partners with strong security and easy account management

⚫Loan Products & Terms (Indicative)
Personal Loan for Salaried Individuals
✅Loan Amount: ₹ 50,000 to ₹ 2,00,000
✅Tenure: 6 months to 24 months
✅Interest Rate: 15-20% p.a.
✅Processing Fee: 5% of the loan amount
✅Eligibility: Minimum age 21 years; good credit history; ≥6 months banking history
✅Typical Documents: Aadhaar, PAN, 3 months’ bank statement, and credit bureau report

⚫Business Loan for Self-employed Individuals
✅ Loan Amount: ₹ 50,000 to ₹ 5,00,000
✅ Tenure: Up to 36 months
✅ Interest Rate: Up to 24% p.a.
✅ Processing Fee: 3% + GST
✅ Eligibility:
1. Age: 21 to 60 years
2. Business Vintage: Minimum 2 years
3. Income Proof: 6 months' bank statement required, if enhancement of the sanctioned amount is sought

⚫Get Loans in easy steps
✅ Select the loan you want to apply for and complete KYC
✅Check your loan eligibility
✅Choose the loan amount and tenure that fits your needs
✅Review loan offers from lending partners
✅Track disbursal, EMIs, and loan statements directly on the app
✅Make part-payments or close the loan early

⚫Illustrative Repayment example:
Below numbers are for illustration purpose only. Actual offers, rates, and fees depend on your profile and lender discretion. Processing fees and taxes, if applicable, will be shown before you accept the offer.

Personal Loan example:
Loan Amount: ₹1,00,000/-
Tenure: 24 months
Interest Rate: 24% p.a. (reducing balance)
Processing Fee: Nil (for illustration)
EMI (approx.): ₹5,291 per month
Total Interest (approx.): ₹26,984/-
Total Repayment (approx.): ₹1,26,984/-

⚫Important Information & Disclaimers:
airpay capital provides loans in partnership with RBI-registered NBFCs.
Please read all Terms & Conditions and the loan agreement carefully before accepting an offer. Interest rates, processing fees, and taxes vary by applicant profile; final terms are shown on the loan offer screen. Late payment fees, bounce charges, and other charges may apply as per lender policy.
Lending Partner for Personal Loans: Apollo Finvest (India) Limited – an RBI-registered NBFC Licence No.: 13.00722 Personal loans are facilitated by Apollo Finvest (India) Limited and are subject to eligibility, verification, credit assessment, and lender discretion.
Lending Partner for Business Loans: Muthoot Fincorp Limited– an RBI-registered NBFC.
Registration No.: N-16.00170
Business loans are facilitated by Muthoot Fincorp Ltd and are subject to eligibility, verification, credit assessment, and lender discretion.

What’s new

Income verification journey improvements, early screening of applications and few bug fixes.