Below are the ranges of loan limits and fees which may vary per customer. To see the terms that specifically apply to you, please refer to the loan offer in your Tala account.
Limits
- You can borrow between ₹500 and ₹30,000
- The limit that you receive depends on the assessment of your application
- To grow your limit further, make it a habit to pay your loans on time
Loan Fees
- Processing fee: 10-12% of your loan amount
- Daily interest rate: 0.12% of your loan amount
- All fees are disclosed upon disbursement, and are only charged at payment
Conditional Fees:
- Late fee: 10% of your overdue outstanding balance (if any)
Loan Duration
- You’ll see the exact terms available to you directly in the app.
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