PunjiLoan - Credit Assistant

Shuja.Orhan

About this app

PunjiLoan keeps a revolving credit line ready inside the app for moments when timing matters. With one clear application, a fast review path, and access to funds after approval, you can move ahead without visiting a branch or handling piles of paperwork.
Before any draw is confirmed, the app lays out every charge in plain numbers. You may repay on a schedule that works for you, close the balance early without a penalty, and once your payment is received, your credit limit is restored immediately for future use.
Key Features
Decisions in Minutes, Not Days
PunjiLoan starts checking your application the moment it is submitted. There are no waiting lines or repeated callback loops; a clear credit decision is returned within minutes so you can proceed with certainty.
Your Amount, Your Choice
Select the exact amount you need from within your approved limit rather than accepting a fixed package. Use only what the situation requires and leave the rest of your limit available for another occasion.
Complete Transparency, Zero Surprises
The complete cost, including draw amount, daily interest, and total repayment, is shown clearly before you confirm. There are no hidden charges or fine-print traps; the figure displayed is the figure you repay.
Settle Early, Save More
Interest is applied only while an unpaid balance remains open. Repay your draw before the scheduled date with zero early repayment penalty, and interest stops on that same day, helping lower the final cost.
Security You Can Count On, Around the Clock
Every part of PunjiLoan, including data storage, transmission, and account access, is protected by enterprise-grade encryption and continuous monitoring. Your information is managed with the care expected from a trusted financial partner.
Instant Limit Restoration
Pay off any outstanding balance whenever you choose, and your full approved limit is brought back without delay, with no fresh application and no repeated identity checks. Your PunjiLoan credit line becomes available again once repayment clears.
Credit Line Details
• Credit Line Range: INR 3,000 – INR 50,000
• Maximum Usage Period: up to 365 days
• Daily Usage Rate: up to 0.065% per day
• Maximum Annualized Rate (APR): up to 23.73%
After the outstanding balance is repaid, your credit limit resets automatically to the full approved amount and becomes available again immediately, subject to your current account standing.
Cost Illustration
This example is for illustration only and shows how interest at a daily rate can accumulate over a typical usage 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
Interest is calculated each day on the unpaid balance. Drawing a smaller amount, repaying sooner, or making part-payments can all reduce the final cost.
Eligibility Requirements
• Be at least 18 years of age — You must be legally of adult age to enter into a credit agreement under Indian law.
• Hold a valid government-issued ID document — A current, verifiable identity document issued by Indian authorities, such as Aadhaar, PAN, Passport, or an equivalent document, is required to confirm your identity.
• Pass PunjiLoan's eligibility assessment — Our quick, automated, and impartial review confirms that your profile meets our credit standards before access to the credit line is granted.
Customer Support
From your first application through final repayment, our support team is available to help. Every message reaches a real person who understands the product, and we respond promptly without exception.
Customer service email: [e-mail]

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