What are your offers, fees, and payment terms?

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

1. First time borrowers: 25 days
2. Existing borrowers: Between 15 and 61 days

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