What are our features?
The loan amount between ₹5,000 to ₹200,000
Maximum Annual Rate (APR): 0.05% per day. The highest
interest rate per year is 18.25%
Credit loan term: 95 days - 365 days
No other hidden expenses
What is Lucky Loan?
Lucky Loan does not directly participate in lending activities, but provides a platform for registered NBFC or banks to lend to users.
Gbulani Rural Finance Private Limited, one of our main partners NBFC, is a systemically important NBFC in the group company and owns the Lucky Loan brand.
Take a look at our screenshots
Application qualification
Must be at least
18 years old
18 years old
The maximum age at
the time of loan is 60
the time of loan is 60
Must be
Indian citizen
Indian citizen
Should be with
stable income
stable income
Example
If your loan amount is ₹ 10,000, the annual interest rate is 18.25%, and the term is 120 days:
- Daily interest=₹ 10000 x 18.25%/365 days=₹ 5
- Total interest: ₹ 10000 x 18.25%/365 days x 120 days=₹ 600
- Daily repayment: ₹ 10000/120 days+₹ 5=₹ 88.3
- Total repayment amount: ₹ 10,600
How to apply
Install Lucky Loan APP
Register with mobile phone number
Sign the online loan agreement with the approved NBFCs
Get immediate loan approval, and the funds will be
transferred to your bank account
