Get ₹50,000 – ₹7 lakh in your bank account. Today.
No paperwork. No collateral. 100% digital. Apply in 10 minutes, get an instant decision, and receive funds the same day — then repay from ₹99 a day, matched to how your shop earns.
See your daily EMI
Illustrative only. Interest 18% – 30% p.a. on a reducing balance, tenure 6 to 24 months, processing fee 2% – 3.5%, zero foreclosure charges. Your Key Facts Statement shows the exact Annual Percentage Rate before you sign.
How it works
Get your loan in 4 simple steps
Why FriendLoan
Built around a shop’s day, not a bank’s month
Who can apply
Any business that earns every day
Kirana and retail stores, wholesale traders, salons, tailors, tea shops, bakeries, mobile shops, service businesses — any business that takes UPI or bank transfers. You need to be 18 or older with an Aadhaar, a PAN and a bank account with net banking.
Your data, protected
We never read your contacts or gallery
The FriendLoan app asks only for what the loan needs. Bank data comes through a licensed Account Aggregator with your consent, every automated decision is logged, and you can delete your account and data at any time.
What it costs
Every charge, before you sign
| Loan amount | ₹50,000 – ₹7 lakh |
| Interest rate (reducing balance) | 18% – 30% p.a. |
| Tenure | 6 to 24 months |
| Processing fee | 2% – 3.5% |
| Penal charges | Contract rate + 12% p.a. on the overdue amount |
| Foreclosure / prepayment | Nil |
Your Key Facts Statement shows the exact Annual Percentage Rate for your loan before you sign. Full terms in the Interest Rate Policy.
Already a customer?
Pay your EMI, check your repayment schedule, or reach the grievance officer — all in one place.