Product Overview
Babu Safe Loan connects eligible users to RBI-compliant personal credit services through regulated financial institutions. Our secure technology platform enables transparent digital lending processes.
Key Features
▸ Loan Amount: ₹5,000 to ₹80,000
▸ Flexible Repayment: 92 Days to 365 Days tenure
▸ Transparent Costs:
- Annual Interest Rate (APR): 18% - 22%
- Daily Interest Rate: 0.05% - 0.06%
- No hidden fees or prepayment penalties
▸ 100% Digital Process:
- Paperless application
- Real-time loan tracking
Example Repayment Calculation:
Principal: ₹20,000 | Tenure: 180 Days | APR: 22%
Total Interest: ₹20,000 × 0.06% × 180 = ₹2,160
Total Repayable: ₹22,160
Regulatory Compliance
✓ Operated with RBI-registered NBFC Partner: Shri Adhithi Finance Private Limited
✓ Fully compliant with RBI's Digital Lending Guidelines (2022)
Security Assurance
🔒 Bank-grade AES-256 encryption
🔒 All user data stored exclusively in India
Eligibility Requirements
• Indian resident aged 18+ years
• Valid PAN card & verifiable income source
• Active Indian bank account
Important Disclosures
⚠ Loan approval subject to Partner NBFC's due diligence
⚠ Late payments may affect credit score
⚠ Borrow responsibly - assess repayment capacity before applying