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Rate & Terms

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
RATES & TERMS

Transparent loan terms with no hidden charges.

Understand the key loan amounts, tenure, interest, fees and repayment charges before you apply.

Clear & Simple Loan information
01
MINIMUM LOAN AMOUNT

₹5,000

Urgent Mudra offers small personal loans starting from ₹5,000 to help eligible users handle urgent financial needs and short-term expenses conveniently.

03
LOAN TENURE

7 – 180 Days

Flexible repayment tenure ranging from 7 days to 180 days allows borrowers to repay loans according to their financial convenience.

04
PROCESSING FEE

Up to 10%

A processing fee may be charged depending on the loan amount and risk evaluation conducted by the lender.

05
INTEREST RATE

Up to 0.5% perday Onwards / Day

Interest rates may vary depending on borrower eligibility and risk assessment performed by the lending partner.

06
APR (ANNUAL RATE)

18% – 35%

The annual percentage rate reflects the cost of borrowing including interest and applicable processing charges.

07
PRE-CLOSURE

No Charges

Borrowers may repay the loan earlier than the due date without paying additional pre-closure penalties, subject to applicable terms.

08
CHEQUE BOUNCE CHARGES

₹1,000

A charge of ₹1,000 may be applicable in case of cheque bounce or failed repayment due to insufficient balance.

Before you borrow

Please review the applicable interest rate, processing fee, APR, tenure, repayment schedule and other charges before accepting a loan. Final terms may vary based on eligibility, credit assessment and the lending partner's policies.

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