| Freecharge Payment Technologies Private Limited | https://merchant.freecharge.in/ |
|---|
| Sourcing Partner/LSP/DLA | Freecharge Payment Technologies Private Limited |
| Digital lending app | Freecharge Business App |
| Link to Digital Lending App | https://play.google.com/store/apps/details?id=com.freecharge.business |
| Product Type | Business Loan |
| Product Details | Merchant Case Advance Business Loan with Flexible Repayment
- Equated Daily Installments / Equated Monthly Installments |
| Tenure | 12 to 24 months for Resident Individual and 12 to 36 months for Sole Proprietor |
| Loan Amount | Rs. 50 thousand to Rs. 1.5 lakhs for Resident Individual and from Rs. 2 lakhs to Rs. 10 lakhs for Sole Proprietor, basis eligibility. |
| Interest Rate | 24% for Resident Individual and 18% to 20% for Sole Poprietor on reducing balance respectively. |
| LSP acting as recovery agent | Freecharge Payment Technologies Private Limited |
