ArspLoan - Credit Assistant

ARSP PROFESSIONAL SERVICES PRIVATE LIMITED

About this app

ArspLoan keeps a reusable credit line close at hand. One focused application leads into a fast decision path, and approved funds can be reached without visiting a branch or assembling stacks of forms when timing matters.
Before any draw is confirmed, the payable figures appear plainly. You can choose your repayment timing, close the balance early without a penalty, and have the repaid limit made available again at once for later use.
Key Features
Your Numbers, Always Live
View the approved limit, follow utilisation as it changes, and revisit billing history together inside one orderly dashboard.
Credit Ready on Your Timing
Choose any portion of the limit already approved for you whenever it is required; access is immediate, without another wait or added friction.
Every Cost Visible Before You Act
Rates, fees, and governing conditions are presented before confirmation, so the amount shown is the amount payable and nothing is concealed in fine print.
Pay for the Days You Draw
There is no charge for simply keeping the credit line open. Interest begins only when funds are drawn and is worked out each day on the precise amount in use.
Your Limit Reopens After Repayment
When the outstanding balance is cleared, the complete approved limit is restored immediately for another use, subject to the account's current standing.
Always-On Data Protection
End-to-end encryption together with layered authentication protects personal and financial information continuously, keeping that information under your control.
Credit Line Details
• Credit Line Range: INR 3,000 – INR 50,000
• Minimum Loan Term: 91 days
• Daily Usage Rate: up to 0.065% per day
• Maximum Annualized Rate (APR): up to 23.73%
Clearing the outstanding balance returns the credit line to its full approved level immediately, ready to be used again according to the account's current standing.
Cost Illustration
For illustration, the figures that follow demonstrate how a daily rate accumulates across a representative period of use.
• Amount Drawn: INR 10,000
• Daily Rate: 0.065%
• Usage Period: 100 days
Cost Breakdown
INR 10,000 × 0.065% × 100 days = INR 650
Total Repayment: INR 10,650
Daily interest is applied to the balance that remains unpaid. A lower draw, an earlier settlement, or partial repayments may each bring down the eventual cost.
Eligibility Requirements
• Be at least 18 years of age — Indian law requires you to have reached legal adulthood before entering a credit agreement.
• Hold a valid government-issued ID document — Identity confirmation requires a current document that Indian authorities can verify, such as Aadhaar, PAN, Passport, or an equivalent credential.
• Pass ArspLoan's eligibility assessment — Before credit-line access is opened, a prompt, automated, and neutral assessment checks whether your profile satisfies our credit standards.
Customer Support
Assistance remains available from the application stage until the balance is fully repaid. Each enquiry is handled by a person familiar with the service, with a prompt response provided consistently.
Customer service email: [e-mail]

What’s new

🚀 Optimized speed and performance
🛠️ Fixed bugs and improved stability
🎯 Enhanced overall usability