Get a Line of Credit up to ₹25 Lakh. EMIs up to 60% lower. Pay interest only on what you use. Tenure up to 7 years.₹25 लाख तक का Line of Credit पाएं। EMI 60% तक कम। सिर्फ जो use करें उस पर interest।
While you wait, you can also apply directly for instant approval:
Tap to see your specific benefits and auto-fill the form
Like a credit card — but 5× cheaper with a higher limit
Share 4 details. Get a credit limit up to ₹25L approved in minutes — salaried or self-employed.
Need ₹50K today? Withdraw just that. Need ₹1L next month? Draw again — no new application.
Limit ₹5L, used ₹1L → interest only on ₹1L. Zero cost on the remaining ₹4L sitting unused.
Repay anytime. Limit restored instantly. Use it again — revolving credit, forever available.
Move the slider — see how much you save vs a personal loan
See why LOC is smarter for most needs
See how people just like you use their LOC
Pay just ₹800/month interest. Repay slowly, no pressure. Full limit restored after repayment.
Repay in 18 months. Monthly interest ₹1,500. Much lighter than a personal loan EMI of ₹9,100.
Stock up before festive season. Repay after sales come in. No fixed EMI eating your profit.
Pay just ₹2,200/month interest. Repay ₹50K whenever you have extra — limit recharges.
Powerful advantages over personal loans & credit cards
Pay interest on ₹50K used — not on ₹5L limit. Save 30–60% vs personal loans.
Repay and reuse as many times as you want. Limit restores automatically.
Money in your bank within minutes. 24/7 via app. No branch visits.
Choose 3–84 month tenure (up to 7 years). Prepay anytime — zero foreclosure charges.
Not paying for idle money. Your real interest cost is far lower than any personal loan.
Apply online, get approved digitally. No paperwork, no guarantor needed.
Swipe to compare — India's best LOC offers
Simple criteria — both salaried and self-employed welcome
Everything you need to know
A Line of Credit is a pre-approved credit limit. You withdraw only what you need, pay interest only on that amount, and repay at your convenience. Once repaid, the limit is restored for future use — just like a revolving fund. Unlike a personal loan, you never pay for money you don't use.
In a personal loan, you receive the entire approved amount and pay fixed EMI from day 1 — even if you needed only half. In a Line of Credit, you draw only what you need and pay interest only on that. If your limit is ₹5L but you use ₹1L — you pay interest on ₹1L only. This typically saves 40–60% in interest costs.
Yes — that's the biggest advantage! You can repay any amount anytime. Even if you repay ₹30,000 of ₹1L borrowed, your limit increases by ₹30,000 immediately. You can redraw it at any point without a new application or approval. It truly revolves.
No. Your employer is not contacted or notified at any point. The lender may verify your salary slip or bank statement, but this is a completely private financial transaction between you and the lender.
It depends on the lender. Most lenders require salary credited to a bank account for at least 3 months. However, self-employed applicants with ITR showing cash income can still qualify. If your salary is in cash, you may consider applying as a self-employed/freelancer with your ITR as proof.
For salaried: PAN card, Aadhaar card, last 3 months salary slips, 6 months bank statement. For self-employed: PAN card, Aadhaar card, last 2 years ITR, 6 months bank statement, business proof. Most lenders now do fully digital KYC — no physical documents needed.
Interest rates start from 11% per annum (Kotak Mahindra). Bajaj Finance starts at 13%, Poonawalla at 12%, Tata Capital at 14%. The actual rate depends on your credit score, income, and lender's assessment. Higher CIBIL score = lower rate.
Checking your eligibility on Wishfin is a soft inquiry and does NOT affect your CIBIL score. A hard inquiry only happens when you formally apply to a specific lender — and even then the impact is minimal (5–10 points, temporary).