Zavloop Credit – Revolving Credit for Everyday Needs
Zavloop Credit is a convenient revolving credit app that gives eligible users access to a credit limit. Once your application is approved, you can apply to use your available credit when needed. After repayment, your available credit can be restored for future use, subject to eligibility and applicable terms.
Why Choose Zavloop Credit?
Revolving Credit Limit
Apply for a credit limit and access it again after repayment, subject to eligibility and applicable terms.
Convenient Online Application
Provide the required information, complete identity verification, and submit your application through the app.
Personalized Credit Assessment
Your application details and credit information are assessed to determine your eligible credit limit and borrowing terms.
Clear Borrowing Costs
Review the applicable interest rate, interest amount, repayment amount, and due date before confirming your borrowing request.
No Service Fees or Other Charges
There are no service fees or other charges beyond the applicable interest.
Loan Details
- Loan amount: ₹2,000–₹100,000.
- Repayment tenure: 91–180 days.
- Maximum Annual Percentage Rate (APR): 14%.
- Service fees and other charges: None.
Your approved credit limit, loan amount, interest rate, and repayment tenure depend on your eligibility, credit assessment, and the terms presented before borrowing.
Illustrative Borrowing Example
The following example assumes a 14% annual interest rate, simple interest calculated on a 365-day year, and a single repayment of principal and interest at the end of the tenure:
- Loan principal: ₹10,000.
- Loan tenure: 180 days.
- Annual Percentage Rate (APR): 14%.
- Interest: ₹10,000 × 14% × 180 ÷ 365 ≈ ₹690.41.
- Service fees and other charges: ₹0.
- Amount disbursed: ₹10,000.
- Total repayment amount: ₹10,690.41.
This example illustrates the calculation method. Your actual borrowing costs and repayment schedule will be shown before confirmation and set out in your loan agreement.
How Zavloop Credit Works
1. Register or log in to Zavloop Credit and apply for a credit limit.
2. Provide the required information and complete identity verification.
3. View your approved credit limit after assessment.
4. Submit a borrowing request, review the terms, and confirm.
5. Once approved, funds are disbursed to your designated bank account.
6. Repay as agreed. Your available credit can then be restored for future use, subject to eligibility and applicable terms.
Lending Partner
Zavloop Credit partners with ZED LEAFIN PVT. LTD., a non-banking financial company (NBFC), to provide credit services to eligible users.
The lending partner is responsible for credit assessment, final credit decisions, loan approval, disbursement, and other lending activities in accordance with its policies and applicable regulatory requirements.
Approval, credit limits, interest rates, repayment tenures, and other terms depend on individual eligibility and assessment results and are disclosed before borrowing confirmation.
About the Company
Zavloop Credit is operated by SSASISHNU PROJECTS PRIVATE LIMITED.
Company Address:
188, Golf Links
New Delhi - 110003
India (IN)
Customer Support Email:
help@zavloop.com
Important Information
Before confirming a borrowing request, carefully review the applicable interest rate, interest amount, repayment amount, due date, and all other terms. Borrow according to your needs and repayment capacity.
Credit approval, usage, and restoration are subject to eligibility and applicable terms. Submitting an application does not guarantee approval. An approved credit limit does not guarantee approval of every borrowing request.
Revolving credit for everyday needs, with clear terms and no service fees.