Loan Range: ₹2000-₹80000
Duration: 6-12month
Interest Rate: 2.1%/month
Service Fee: 3%
Max APR: 25.2%
(for ₹10,000 over 12 months)
Loan Amount: ₹10,000
Interest Rate: 2.1% per month
Duration: 12 months
Service Fee: 3% of ₹10,000 = ₹300
Amount Disbursed (Receive): ₹10,000 - ₹300 = ₹9,700
Monthly Interest: ₹10,000 * 2.1% = ₹210
Total Repayment: ₹12,520
Max APR: 25.2%
At ASNAR, we design and manage mobile-first lending apps that simplify access to personal credit for millions of users across India. We do not lend directly — instead, we partner with licensed Non-Banking Financial Companies (NBFCs) who serve as the direct lenders. Our role is to provide:
End-to-end loan platform development
App-based customer onboarding, KYC, and eligibility checks
Loan lifecycle management tools
Compliance support and technical integration
Customer support systems & payment gateways