Salary Flow

F Mec International Financial Services Ltd

About this app

Salary Flow – Personal Loans for Corporate Employees

Salary Flow is a digital personal loan application designed for employees of eligible partner corporates. Eligible employees can conveniently apply for personal loans digitally through the Salary Flow application.

Key Features

Easy Registration & Login

Securely register and access the application using your registered mobile number and OTP verification.

Digital Personal Loan Application

Eligible employees can submit their loan application digitally by providing the required personal and employment details.

Simple Application Process

Select the required loan amount and repayment tenure and complete the guided digital application process.

Loan Offers

Eligible users can view available loan offers, including the applicable interest rate, APR, repayment tenure, processing fee, EMI and other applicable terms before accepting the loan.

Application Status

Track the status of your loan application directly through the application.

Personal Loan Terms

• Minimum Loan Amount: ₹10,000

• Repayment Tenure: 3 to 12 months

• Interest Rate: Up to 2.2% per month

• Processing Fee: 0.5% of the loan amount + 18% GST on the processing fee

• Maximum APR: 35% per annum

Representative Loan Example

For a ₹1,00,000 personal loan with a 6-month tenure at an interest rate of 2.2% per month, calculated on a reducing balance basis:

• Loan Principal: ₹1,00,000

• Repayment Tenure: 6 months

• Approximate Monthly EMI: ₹17,973

• Approximate Total Interest: ₹7,840

• Processing Fee @ 0.5%: ₹500

• GST @ 18% on Processing Fee: ₹90

• Total Processing Fee including GST: ₹590

• Approximate Total Cost of Loan: ₹8,430

• Approximate Total EMI Repayment: ₹1,07,840

The above is a representative example only. Actual loan terms may vary based on the applicant's eligibility and sanctioned terms. The applicable loan amount, interest rate, APR, processing fee, taxes, EMI, total repayment amount and repayment schedule will be disclosed to the borrower before acceptance of the loan offer.

Eligibility & Loan Approval

Salary Flow is intended for employees of eligible corporates onboarded to the Salary Flow platform. Loan approval and disbursement are subject to eligibility, verification, credit assessment and applicable underwriting policies. Loan approval is not guaranteed.

Fees & Charges

All applicable fees, taxes and repayment obligations will be disclosed before acceptance of the loan. Borrowers should review the Key Fact Statement, loan agreement and repayment schedule before accepting the loan.

Privacy & Security

Salary Flow is designed to provide a secure digital lending experience. Information collected through the application may be used for identity verification, eligibility assessment, loan processing and communication in accordance with applicable laws and the Privacy Policy.

Please also ensure that the Play Console declarations and all in-app screens reflect the same 3–12 month repayment tenure and applicable pricing before resubmission.