Instant personal loan
in minutes.

Interest: The applicable ROI varies according to the rate at which the individual loan is sanctioned to the customer. The example assumes a sanctioned ROI of 63% p.a. Formula: Overdue principal × Sanctioned annual interest rate (ROI) × Number of days ÷ 365 Example: ₹10,000 × 63% × 31 ÷ 365 = ₹535.07 Service Fee: The service fee is calculated on a per-day basis for the applicable period, and GST is added to the calculated service fee. Formula: Total Loan amount × 60% × Number of days ÷ 365; add 18% GST Example: ₹10,000 × 60% × 31 ÷ 365 = ₹509.59; GST = ₹91.73; total = ₹601.32 Annual Percentage Rate (APR): APR is calculated using the Internal Rate of Return (IRR) method, based on the applicable loan cash flows. Formula: NPV = Σ (CFₜ ÷ (1 + r)ᵗ) = 0, for t = 0 to n CFₜ represents the cash flow at period t; r is the periodic internal rate of return; and n is the total number of periods. The initial net disbursement and subsequent repayments are considered in the calculation. The periodic rate (r) is the rate at which the net present value of all cash flows equals zero. The periodic IRR is then annualised to calculate APR. Processing Fee (PF): The processing fee is fixed at 15% of the total Loan Amount amount, with applicable GST added. Formula: Total loan Amount amount × 15%; add 18% GST on the processing fee Example: ₹10,000 × 15% = ₹1,500; GST = ₹270; total = ₹1,770 Late Payment Charges (LPC): LPC is calculated for the number of days the Principal remains overdue, using the overdue principal amount. The example assumes 10 overdue days. Formula: Overdue principal × 36% × Number of overdue days ÷ 365 Example: If ₹10,000 (Principal) is overdue by 10 days: ₹10,000 × 36% × 10 ÷ 365 = ₹98.63 NACH Bounce Charges: The base NACH bounce charge is fixed at ₹500, with applicable GST added. (Per-Instance) Formula: Fixed base charge + 18% GST Example: ₹500 + ₹90 GST = ₹590 Broken Interest: If the customer repays or forecloses the loan before the scheduled due date, interest is calculated only for the applicable number of days for which the facility is used upto up to repayment date, subject to the loan terms. Formula: Overdue principal × Sanctioned annual interest rate (ROI) × Number of days ÷ 365 Example: ₹10,000 × 63% × 10 ÷ 365 = ₹172.60 Broken Service Fee: If the customer closes the loan early, the service fee is calculated for the applicable number of days for which the facility is used upto up to repayment date on the total Loan Amount. The service-fee rate is fixed at 60% p.a., with applicable GST added. Formula: total loan amount × 60% × Number of applicable days ÷ 365; add 18% GST Example: ₹10,000 × 60% × 10 ÷ 365 = ₹164.38; GST = ₹29.59; total = ₹193.97 Post-Default Interest: Post-default interest is calculated on the overdue principal for the applicable default period, using the ROI sanctioned for the loan. Formula: Overdue principal × Sanctioned annual interest rate (ROI) × Number of overdue days ÷ 365 Example: ₹10,000 × 63% × 31 ÷ 365 = ₹535.07 Post-Default Service Fee: Post-default service fee is calculated when an EPI is overdue, based on the overdue principal and the applicable overdue period. The service-fee rate is fixed at 60% p.a., with applicable GST added. Formula: Overdue principal × 60% × Number of overdue days ÷ 365; add 18% GST Example: ₹10,000 × 60% × 31 ÷ 365 = ₹509.59; GST = ₹91.73; total = ₹601.32

Eligible Indian residents can apply for a personal loan through Bridge. Applicants must meet the applicable age, KYC, income and credit eligibility requirements. Final eligibility depends on Bridge’s underwriting criteria.

You can apply for a personal loan ranging from ₹3,000 to ₹25,000 through Bridge. The final loan amount depends on your eligibility, financial profile and applicable underwriting criteria.

You’ll need valid KYC documents and your bank account details to complete your loan application.

Yes. Applicable processing fees and other charges, if any, will be clearly shown before you accept the loan. Please review the Key Fact Statement and loan terms carefully before proceeding.