Branch – Personal loans & Free Credit Report App
Get Loans from Branch and repay in 61-180 days with a maximum APR of 360%
Branch is the simplest and most secure way to borrow, save, and improve your financial health all from the convenience of your phone.
LOAN RATES AND FEES
Loan Amounts: INR 750 to INR 50,000
APR: 31% to 36%
Example Fees: For a loan of INR 9,000, an interest fee of INR 548, a processing fee of INR 800, and GST of INR 144. No late fees or rollover charges.
For a loan INR9000, customer will pay 9000(principal)+548(interest)+800(processing fee)+144(GST)= INR 10492 total
Terms: Depending on your loan amount for which you are eligible, you have the option to choose repayment terms for up to 336 days. Every loan amount we offer has the option to repay in a minimum of 60 days.
The amount would be directly deposited on your bank account.
Branch also offers a free credit score report(powered by CIBIL) which will be sent directly into your email. We also provide pointers to improve your scores month on month.
KEY BRANCH FEATURES: FINANCIAL ACCESS IS JUST A TOUCH AWAY
The Branch app lets you apply for credit, save funds, or monitor your financial health on the go.
* No late charges or rollover fees on loans
* No paperwork, collateral or office visits needed
* Free Credit Score checks
* Easy access 24/7
* Quick and easy sign up
* Use your money the way you want to — for home or business
* Lower fees, and flexible payment terms as you repay
Questions? We provide world-class support for your financial needs, 24 hours a day. Message us within the app and receive an answer in minutes!
SAFE AND SECURE LOANS
Branch makes getting a personal loan simple by using the data on your phone including your SMS history to verify your identity and create a credit score. We encrypt the data you choose to share with us to protect your privacy. We take your privacy very seriously and promise to never share your information with third parties.
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