Kanak Loans is a Digital Lending App (DLA) deployed by B.R. Silver in partnership with Agrim Fincap Private Limited, an RBI-registered Non-Banking Financial Company (NBFC).
The app is officially listed on the Reserve Bank of India (RBI) Digital Lending Apps (DLA) portal under the regulated entity.
Kanak Loans acts only as a facilitator and does not directly provide loans. All loan approvals, terms, and disbursements are determined by the lending partner.
Loan Information & Key Disclosures
• Lending Partner: Agrim Fincap Private Limited (RBI-registered NBFC)
• Loan Amount Range: ₹5,000 – ₹2,00,000
• Repayment Tenure: 91 days – 365 days
• Maximum Annual Percentage Rate (APR): Up to 35% (inclusive of interest and applicable fees)
• Processing Fees: Up to 2% + GST (as applicable)
• No hidden charges
Final loan terms depend on borrower eligibility and lender approval.
Representative Loan Example
Loan Amount: ₹30,000
Tenure: 91 days
Interest Rate: 15% per annum
Interest Payable: ₹1,125
Processing Fee: ₹500
GST on Processing Fee (18%): ₹90
Total Fees: ₹590
Net Disbursed Amount: ₹29,410
Total Repayable Amount: ₹31,715
This is an illustrative example. Actual terms may vary.
Eligibility Criteria
• Age: 21 – 55 years
• Indian resident
• Minimum monthly income: ₹15,000
• Valid Aadhaar & PAN
• Bank statements & income proof
How It Works
1. Install and open Kanak Loans
2. Complete digital KYC
3. Select loan amount and tenure
4. Loan is approved by the NBFC partner
5. Funds are disbursed directly to your bank account
Our Lending Partner
Agrim Fincap Private Limited (RBI-registered NBFC)
Security & Privacy
All personal data is securely encrypted and transmitted via HTTPS. Data is shared only with the lending partner for loan processing and in accordance with the Privacy Policy.
Grievance Redressal
For loan-related queries or complaints, you may contact:
Lending Partner: Agrim Fincap Private Limited
Customer Support Email: info@agrimfincapindia.com
Contact Us
Email: info@kanakloans.com
Website: https://kanakloans.com
Registered Office: First Floor, 12/19, WEA Karol Bagh, West Extension, New Delhi 110005, India