MoneyLoji (owned by Creditech Technology Pvt Ltd) is a digital lending platform for the next billion users in India. One can apply for a Salary Advance loan of up to Rs 1 lakh or apply for an Unsecured Loan up to Rs 10 lakhs from banks & NBFCs. At MoneyLoji, we have developed a differentiated, and personalized user experience that enables borrowers to compare rates for loans from RBI registered NBFCs and banks, and apply instantly. Our USP is the ability to disburse loans in under 5 minutes.
We believe getting a loan today should be as easy and simple as online shopping, and not tiring or embarrassing. Think of us as your trusted friend you can borrow from without hesitation. We are committed to serving you in a trusted manner and we care deeply about user privacy & data security.
Besides Personal loans, we also offer loans for businesses, buying cars, bikes, health & life insurance, and comparing credit cards.
To avail our services, you must download our App. We’re currently available only on Android as of now. iOS app is under development and you should be able to download the same in the next 3 months.
Yes. Please checkout the referrals section below.
We are operational Pan India. However Banks and NBFCs do have a list of negative cities where they are not comfortable lending to. Download the app to know your eligibility.
Yes your data is completely safe with us. We use state of the art technology.
You can read our terms and conditions here.
You can read our privacy policy here.
We have two types of personal loans available – Salary Advance & Unsecured Loan. The former is a shorter version of Personal Loans. While “Unsecured Loan” ranges from Rs 1 Lakh to Rs 10 Lakhs with tenure ranging from 1-3 years, a “Salary Advance Loan” ranges from Rs 10K to Rs 1 Lakh with tenure ranging from 62-120 days. A Personal Loan can be used for weddings, education, travel, medical or any other general purposes. It is an unsecured, short-term loan provided to salaried employees.
As an online secured platform that connects borrowers and lenders, MoneyLoji has partnered with Ganesh Leasfin Pvt Ltd (an RBI registered NBFC), IDFC First Bank, HDFC Bank, Bajaj Finserv for Personal loans.
For Business loans, we have tie-ups with HDFC Bank, IDFC First Bank, Ganesh Leasfin Pvt Ltd, and Bajaj Finserv.
Once the loan has been disbursed into your account, the funds are yours. You can transfer money from your app to your bank account and can use your regular ATM card to withdraw funds and use them as you wish or NEFT/IMPS to someone depending on your needs.
MoneyLoji can be used to meet the money/financial requirements for any kind of personal use. Our customers typically use MoneyLoji for the following reasons:
Yes, your loan and performance of your loan track will be reported to CIBIL, Crif, and other credit bureaus; as per the RBI guidelines. A good loan repayment ensures building a good credit history and score; at the same time, a bad loan repayment with delayed payments and over dues – adversely affects your credit history and score.
The mandatory documents are:
If case you require further assistance, please email care@moneyloji.com or call us at 9810559964
Once you submit all the documents the loan is disbursed within minutes. An average customer takes 5-minutes to qualify, after opening the app. The speed might vary depending on how fast you can type!
For Salary Advance loans you can borrow up to Rs 100000
For Unsecured Loans, you can borrow up to Rs 5 lakhs. However, we recommend that you borrow only the amount you need and are comfortable with. Our system will calculate the maximum amount you are eligible to borrow.
Your eligibility is decided basis your monthly salary, monthly expenses, and your credit bureau score. To begin with, we calculate the maximum amount that can be disbursed as per the underwriting criteria set by our lending partners.
With regular loan applications from us along with timely repayments, there is a good possibility that the maximum disbursal limit increases with time. However, this also depends on other factors like your monthly salary, credit score, and a host of other data points that we get from you when you create your profile. While making timely repayments increases the probability of enhancing your maximum disbursal amount, it does not guarantee the same.
For Salary Advance loans you can borrow for upto 62-120 days
For personal loans you can borrow for upto 36 months.
Sorry, You cannot change your EMI date. We are working on coming up with flexible EMI dates. We will let you know as soon as we make this option live. Thanks for your understanding.
Yes, for Personal Loan you don’t need to provide any security.
Yes. For Salary Advance Loans we allow prepayment with zero charges after 7 days from the date of disbursal.
The mandatory documents are:
Yes, for Personal Loan you don’t need to provide any security.
If your document upload is failing, make sure:
No. If you are staying at the same address as mentioned in the previous loan application, then you are not required to re-submit ALL your documents when re-applying. Having said that, there are certain documents that have a fixed validity (utility bill, rent agreement, and bank statement) and you will be required to re-submit only these expiry based documents.
In case your salary account has changed, please take the following steps to modify it.
Do not worry. Many of our borrowers feel the same way and that’s why our credit decisioning system takes multiple other parameters into account (residential address type, salary statement, past loans history etc) and not just the CIBIL score. Download the app and check your eligibility today!
Our underwriting is based on an automated credit process where we check customer’s multiple data points as per lender requirements. If your profile doesn’t meet the eligibility criteria of our lenders, your application can get rejected due to various reasons. In some cases, we do share the reason directly to you via SMS and mail and can only advise you to reapply post resolving those issues. We will work with you to improve and re-apply.
Absolutely! You can re-apply as many times as you want. However, we recommended that you apply only after taking corrective action on the points highlighted in your first attempt. Your loan application will only be considered if your profile qualifies the underwriting parameters specified by our lending partner.
No. We only ask for your official email ID verification as a way of verifying your employment. We will send a secure link to that email which you will have to click on by logging into your work email. Please ensure you are entering it correctly.
You can check your eligibility by downloading the MoneyLoji app and filling the details for a personal loan application. Once your eligibility has been calculated by our system, we will show you the amount & tenure of your loan.
No! If you wish to apply for a new loan, please close the first by paying any remaining dues. As a general practice, you must not take loans from multiple loan applications as it may show up negatively on your credit profile.
Not a problem. Many of our customers are first-time borrowers themselves. As a salaried professional taking a personal loan, you must have bank statements with a 3-month history, salary slips, and a company email-id to apply for a loan.
Yes, your loan application can be considered, with earlier employment details and documentation. As a salaried professional taking a personal loan, you must have bank statements with a 3-month history, salary slips, and a company email-id to apply for a loan.
Our underwriting is based on an automated credit process where we check customer’s multiple data points. Loan application can be considered if your profile qualifies our underwriting parameters.
At MoneyLoji, we pride ourselves on being transparent about the rates charged on our platform. So you are absolutely clear on what you are paying for. Here is what you pay, no hidden fees:
The above-quoted interest rates are only for reference and actual rates may vary depending on your credit score, bank statement, and other data points you provide through the app.
Late Payment Charges: You will be charged a late payment charge of Rs 500 + 18% GST = Rs. 590 if you do not pay your EMI on time. The charge is applicable in the following cases:
Penal Charges: You will be charged penalty interest on the overdue amount if you pay late. This penalty amount increases every day.
Yes, your loan application can be considered, with earlier employment details and documentation.
You can repay your loan by heading over to the Loans section (in the bottom navigation menu), clicking on the existing Loan, and making an online EMI payment. Following are the payment modes supported by us:
No. We only support loan repayments through the MoneyLoji app via Debit Card, Net-Banking, UPI, Paytm Wallet or Bank Transfer. If you are facing an issue while repaying your loan, kindly write to us an email at care@moneyloji.com and we shall look into it.
Our underwriting is based on an automated credit process where we check customer’s multiple data points. Loan application can be considered if your profile qualifies our underwriting parameters.
You can find it by clicking on the Loans sections and click on your existing Loan line. The repayment period can be anywhere between 2 months (minimum of 62 days) to 12 months from the Disbursal Date.
Like any other legal agreements, all loans are legally binding and governed under the RBI regulations wherein not paying your monthly installment/EMI is a criminal offense in the Indian Court of Law. Your Credit score/CIBIL score will also take a hit due to non-payment of dues.
A penal interest rate of 0.5 % per day will be changed on your EMI due amount + Rs 500 excluding GST as bounce charges.
Our underwriting is based on an automated credit process where we check customer’s multiple data points. Loan application can be considered if your profile qualifies our underwriting parameters.
Our underwriting is based on an automated credit process where we check customer’s multiple data points. Loan application can be considered if your profile qualifies our underwriting parameters.
If you were unable to pay the EMI on time, a penal interest rate of 0.5 % per day will be changed on your EMI due amount + Rs 500 excluding GST as bounce charges.
Like any other legal agreements, all loans are legally binding and governed under the RBI regulations wherein not paying your monthly installment/EMI is a criminal offense in the Indian Court of Law. Your Credit score/CIBIL score will also take a hit due to non-payment of dues.
For any payment related issues and queries, feel free to get in touch with our customer service desk at 9810559964 or write to us at care@moneyloji.com. You can also use the Live chat option in the MoneyLoji app or on our Website for the same.
Yes, you can prepay your loans without any penalty charges after 62 days in line with Google and RBI’s policies.
There are no prepayment charges if you pay after 62 days.
No, you will not be eligible for a loan if you have an outstanding loan with Moneyloji. Kindly repay/prepay the existing loan before taking a new loan.
We reward existing customers of the app to bring in new members to help the community grow and thrive. Whether or not if you’ve taken a loan, you (the referrer) automatically become eligible to refer a friend (the referee) to MoneyLoji. Once your friend downloads the application with us, he earns Rs. 100/- in his/her wallet while you earn Rs. 100/- in your wallet. You can only redeem the amount once your wallet balance becomes Rs 500 (i.e you need to refer minimum of 5 people who should use your referral code at the time of signing up).
Once your friend (the referee) receives the code, she will need to download the MoneyLoji app. Upon entering your referral code while “Signing Up” you both will get Rs 100. You will be notified once your referral has been successfully used and subsequently, you should receive Rs. 100/- from us as your reward. You both will be able to use the rewards against the processing fees while applying for a loan once your wallet balance becomes Rs 500 or more.
You can download the app and be eligible for our referral program. To utilize the rewards earned by you, you need to have a minimum of Rs 500 in your rewards wallet, which will be adjusted against your next loan processing fees.
Yes you can. Once your friend (the referee) receives the code, she will need to download the MoneyLoji app. Upon entering your referral code while “Signing Up” you both will get Rs 100. You will be notified once your referral has been successfully used and subsequently, you should receive Rs. 100/- from us as your reward. You both will be able to use the rewards against the processing fees while applying for a loan once your wallet balance becomes Rs 500 or more.
You can refer as many friends. Once your friend (the referee) receives the code, she will need to download the MoneyLoji app. Upon entering your referral code while “Signing Up” you both will get Rs 100. You will be notified once your referral has been successfully used and subsequently, you should receive Rs. 100/- from us as your reward. You both will be able to use the rewards against the processing fees while applying for a loan once your wallet balance becomes Rs 500 or more.
No, you may not. The referral code can only be used at the time of signing up for the application.
MoneyLoji is an online lending platform that helps you compare loans across multiple banks and NBFCs to get you the best rates.
Creditech Technology Pvt Ltd
CIN: U72900HR2020PTC086006
901, DLF City Court, Sikanderpur, Gurgaon Haryana - 122002
