Rent Loan
Move in without a security-deposit shock.
A short-tenure loan for rent, deposit and brokerage. Paid directly to the landlord. Repay in three to twelve monthly EMIs.
Built for these borrowers.
- Salaried professionals relocating for a job
- Gig workers moving between cities
- Students and first-time renters
What we'll need from you.
Eligibility
- Age 21–60
- Monthly income ≥ ₹20,000
- Signed rent agreement or landlord's consent to receive disbursal
- PAN and Aadhaar
Documents
- PAN and Aadhaar
- Rent agreement or landlord's KYC + bank details
- Employer or platform income proof
- Bank statement for the last three months
What borrowers actually use this for.
- Deposit + first month's rent when starting a new job
- Brokerage + moving costs on relocation
- Bridge rent while switching between jobs
- PG or hostel deposit for students
See what rent loan will cost you.
Answers to what people ask.
Is the loan paid to me or the landlord?
By default, the loan is disbursed to the landlord's bank account against the signed rent agreement. This gives landlords confidence and removes disputes.
What if the landlord refuses direct payment?
The loan can also be disbursed to your account. A small verification call to the landlord is still done to confirm the tenancy.
Does it help if I have a co-applicant?
Yes. A working spouse, parent or sibling as co-applicant can raise the sanctioned amount and lower the rate.
Can students take this loan?
Yes, with a working co-applicant (parent or guardian). We need their PAN, income proof and consent.
Can I foreclose after the deposit is returned?
Absolutely. Once the deposit refund lands in your account, you can prepay any time after the first EMI.
