Personal Loan Interest Rates in India: Stashfin Rates, EMI & Charges
Stashfin provides a ₹5 Lakh credit line at 0% interest for 30 days. Post that, rates are 11.99%-36% p.a. Tenures go up to 42 months. No foreclosure or prepayment fees for early repayment.
Calculate your EMI
Flexible loan amount & tenure Instant EMI estimate, no guesswork Apply directly from the calculator Take a step further. Calculate your available credit line.
This is an estimate. Actual EMI may vary based on lender terms. Interest Rates and Charges on a Stashfin Personal Loan of up to ₹5 Lakh
Below is a detailed breakdown of the financial obligations associated with the loan, including interest rates, standard fees, and foreclosure policies. This overview ensures complete transparency regarding the total cost of borrowing.
Fee Structure
| Component | Applicable Charge |
|---|---|
| Interest Rate (first 30 days) | 0% |
| Interest Rate (after the interest-free period) | 11.99% to 36% per annum |
| Repayment Tenure | 0 to 42 months |
| Maximum Loan Amount | ₹5 Lakh |
Representative Loan Example
The following table illustrates the financial commitments for a Stashfin personal loan of ₹40,000 with a repayment tenure of 36 months:
| Loan Component | Amount / Details |
|---|---|
| Disbursed Amount | ₹40,000 |
| Platform Fee (inc. 18% GST) | ₹1,345 |
| Transaction Fee (inc. 18% GST) | ₹1,416 |
| Interest Rate | 36% per annum |
| Total Loan Amount | ₹42,966 |
| Tenure | 36 months |
| Equated Monthly Installment (EMI) | ₹1,968 |
Platform and transaction fees are listed in full on the personal loan fees and charges page.
How Your Personal Loan Interest Rate Is Decided
Stashfin prices every credit line individually. Two applicants borrowing the same amount can be offered different rates within the 11.99% to 36% band. These are the variables the underwriting model weighs:
- Credit Score: A score of 730 and above attracts the lower end of the range.
- Income Stability: Regular, verifiable monthly credits into a single primary bank account reduce perceived risk.
- Existing Debt Load: Monthly obligations above 30% to 40% of net income push the offered rate higher.
- Employment Type: Salaried profiles with digital bank statements are verified fastest; self-employed profiles are priced on proven business cash flow.
- Tenure and Utilisation: Shorter tenures and lower utilisation of the sanctioned credit line reduce the total interest paid.
Frequently Asked Questions (FAQs)
After the 30-day interest-free period, interest rates start from 11.99% per annum and range up to 36% per annum depending on the applicant's risk profile.
