SonaLine - Credit Assistant

RIYANSH ENTERPRISES

About this app

SonaLine keeps a dedicated revolving credit line ready after a single profile assessment. It can remain unused without cost, then be drawn in the amount and at the time you choose. Interest is attached only to the portion taken and only across the days that balance stays outstanding, leaving both withdrawal size and repayment timing in your hands.
Key Features
Your Credit Picture, Kept Current
The approved ceiling, live outstanding balance, and funds still available sit together in one orderly view, making the account position immediately clear without searching through separate screens.
Funds Available at the Needed Moment
Select the precise amount when a need arises and decide the timing yourself. SonaLine keeps approved credit within reach without a repeat application, a branch visit, or another wait.
Every Cost Presented Beforehand
Before you continue, each relevant rate, charge, and condition is written in direct language, so the commitment and payable components are known in advance.
No Charge While Credit Waits
Leaving the approved line open creates no cost. Interest and fees begin only for the exact days on which withdrawn funds remain in use.
Protection Across Every Layer
End-to-end encryption works together with multiple levels of authentication to safeguard personal and financial information continuously.
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%
Full repayment of the outstanding amount restores the approved limit automatically and without delay, subject to the account standing then in effect.
Cost Illustration
The figures that follow are illustrative and trace the accumulation of daily-rate interest across a representative use period.
• 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
The final amount depends on the sum actually drawn and the precise number of days it remains unpaid. Settling earlier lowers the total cost.
Eligibility Requirements
• Be at least 18 years of age — Legal adult status is required to enter a credit agreement under Indian law.
• Hold a valid government-issued ID document — Identity confirmation requires a current document that Indian authorities can verify, including Aadhaar, PAN, Passport, or an equivalent credential.
• Pass SonaLine's eligibility assessment — A consistent and impartial review checks that the profile meets our credit standards before access to the line is enabled.
Customer Support
From first-time account setup through repayment guidance for an existing user, the SonaLine support team is available to assist.
Customer service email: [e-mail]

What’s new

Credit as Good as Gold