Transparent Pricing

Interest rates & fees.

1% per day interest + 10% platform fee + 18% GST. That's it. Every rupee shown upfront, no surprises at disbursement.

Interest / day

10%

Platform fee

18%

GST on fee

30 sec

Approval time

Product-wise breakdown

Every Quikkred loan follows the same transparent fee model

Product	Amount	Tenure	Rate	Fee
Payday Loan	₹10k – ₹5 L	7 – 90 days	1% / day	10% + 18% GST
Salary Advance	₹10k – ₹2 L	7 – 30 days	1% / day	10% + 18% GST
Emergency Fund	₹10k – ₹2 L	7 – 90 days	1% / day	10% + 18% GST
Festival Advance	₹10k – ₹1 L	15 – 60 days	1% / day	10% + 18% GST
Medical Loan	₹25k – ₹5 L	30 – 90 days	1% / day	10% + 18% GST
Travel Now, Pay Later	₹25k – ₹3 L	30 – 90 days	1% / day	10% + 18% GST

Transparent Calculator

Know exactly what you'll pay.

No hidden charges. No surprises. See every rupee before you apply.

Loan amount₹50,000

₹10k₹5 L

Tenure30 days

No hidden charges — every fee shown upfront
Flexible tenure: 7 / 15 / 30 / 60 / 90 days
No prepayment penalty — save on interest

Your breakdown

Instant estimate

Loan amount: ₹50,000
Platform Fee (10%): – ₹5,000
GST (18% on platform fee): – ₹900
Amount you receive: ₹44,100
Interest (1% × 30 days): ₹15,000
Total repayable: ₹65,000

Apply for ₹50,000

Indicative calculation. Final terms subject to credit assessment per RBI guidelines.

Real example · ₹50,000 for 30 days

Loan amount: ₹50,000
Platform Fee (10%): – ₹5,000
GST on platform fee (18%): – ₹900
Amount you receive: ₹44,100
Interest (1% × 30 days): ₹15,000
Total repayable: ₹65,000

Late payment fee: 2% per month on overdue amount. No prepayment penalty. All fees disclosed in your Key Fact Statement before disbursement, per RBI Fair Practice Code.

What affects your rate

Six factors our AI considers when pricing your loan

Credit Score

High

CIBIL 750+ unlocks the best rates. Consistent repayment is our #1 signal.

Monthly Income

Medium

Higher verified income improves your eligible amount and tenure.

Employment Type

Medium

Salaried employees at listed companies get preferential rates vs. gig workers.

Loan Tenure

Medium

Shorter tenures mean less total interest. Longer = higher total cost.

Existing Relationship

Low

Repeat customers with clean repayment history get top-up offers and rate discounts.

Loan Amount

Low

Larger principals may qualify for modestly better rates via economies of scale.

Pricing & fee questions

All FAQs

It's meant for short-term needs (7–90 days). For a 30-day ₹50k loan, you pay ₹15k total interest. That's ₹500/day — lower than most payday loan apps and comparable to credit card cash advance rates.

Compliance & Trust