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FAQ's

Making short-term borrowing simpler.

Discover how Urgent Mudra is focused on creating a convenient, transparent and digital experience for eligible customers looking for short-term personal loan solutions.

SHORT-TERM PERSONAL LOANS Simple • Digital • Transparent
Responsible lending approach
FAQ & SUPPORT

Everything you need
to know.

Have questions about short-term personal loans? Explore our most frequently asked questions or contact our support team.

Urgent Mudra is a digital platform designed to help eligible customers explore short-term personal loan options for various personal financial requirements, subject to applicable eligibility and lending criteria.
Eligible customers may apply for loan amounts starting from ₹5,000 and up to ₹1,00,000. The final approved amount depends on eligibility, income verification, credit assessment and applicable lender policies.
The available repayment tenure may range from 7 days to 180 days depending on the loan product and terms approved for the applicant.
Interest rates may be up to 1% per day and can vary based on borrower eligibility, credit profile, risk assessment and the applicable lending partner's policies.
A processing fee of up to 10% may be applicable depending on the loan amount, applicant profile, risk evaluation and applicable lender terms.
Individuals meeting the applicable age, residency, income, KYC, credit and other eligibility requirements may apply. Meeting basic criteria does not guarantee approval.
Depending on the verification requirements, documents may include PAN, Aadhaar or another valid KYC document, bank account details, address information and income-related documents.
Repayment can be made using the repayment methods provided for your loan, including applicable online, UPI or verified bank payment options. Always verify payment beneficiary details before transferring funds.
Early repayment may be available subject to the applicable loan agreement. As per the stated product terms, no pre-closure charge may apply. Please check your final loan agreement for applicable conditions.
APR stands for Annual Percentage Rate and represents the annualized cost of borrowing, including applicable interest and eligible charges. Review the applicable APR in your final loan documentation.
A cheque bounce or failed repayment caused by insufficient balance may attract applicable charges. The stated cheque bounce charge is ₹1,000, subject to applicable loan terms.
No. Submitting an application does not guarantee approval or disbursement. Every application is assessed according to the applicable eligibility, credit, income, verification and lending criteria.
Still have a question? Our support team is here to help.
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