Frequently Asked Questions

We currently offer three core products through askrupee.com: Personal Loans for Salaried Individuals (₹10,000 – ₹2,50,000, tenure 3–36 months, rate 18–36% p.a.); Personal Loans for Self-Employed Individuals (₹10,000 – ₹2,00,000, tenure 3–24 months, rate 24–42% p.a.); and Salary Advance / Short-Term Loans (₹5,000 – ₹1,00,000, tenure 1–3 months, flat rate). All loans are unsecured and collateral-free.

The maximum loan amount on askrupee.com is ₹2,50,000 for salaried individuals with a strong credit profile. Your specific eligibility depends on your income, existing EMI obligations, credit score, and repayment capacity. First-time borrowers or those with thinner credit files may receive lower initial limits that can be increased with a positive repayment track record.

Eligibility requirements: Indian citizen or resident, aged 21–58 years; salaried with a minimum net monthly income of ₹15,000, or self-employed with verifiable business income; active bank account with NACH/e-NACH capability; valid PAN card and Aadhaar; minimum CIBIL score of 650 (indicative — actual underwriting uses a multi-bureau, multi-factor assessment). Meeting the basic criteria does not guarantee approval; final eligibility is determined by our credit model.

Crestmont Capital uses risk-based pricing. Your interest rate is determined by several factors: your CIBIL and multi-bureau credit score; your income level and stability; your existing debt obligations (Debt-to-Income ratio); your employment type and tenure; the loan amount and tenure requested; and your repayment history with us on previous loans. A stronger credit profile results in a lower interest rate. Your exact rate is confirmed in the Key Fact Statement before you accept the loan.

The APR represents the all-in annual cost of your loan — including interest and all mandatory fees (processing fee, platform fee). The indicative APR range across all askrupee.com products is 24% to 60% per annum, depending on the product, tenure, and your individual risk profile. Your specific APR is always disclosed in the Key Fact Statement before you accept the loan, in compliance with RBI's Digital Lending Guidelines 2022.

There are no hidden charges. The processing fee ranges from 1% to 4% of the loan amount (plus applicable GST) and is deducted at disbursement — you will never be asked to pay any fee upfront before receiving your loan. All charges — including the processing fee, platform fee, and penal charges for overdue payments — are disclosed in full in the Key Fact Statement before you accept the loan. No charge can be levied that was not disclosed in the KFS.

Funds are typically credited to your bank account within 2–4 hours of final loan approval and agreement execution, subject to banking hours and IMPS availability. In most cases, the entire journey — from application to disbursement — is completed within the same working day. The timeline may extend slightly for applications requiring additional document verification.

Crestmont Capital's policy allows for one active personal loan at a time per borrower. You may apply for a new or top-up loan after you have demonstrated a positive repayment track record and your credit assessment supports additional borrowing. Maintaining two concurrent loans from the same NBFC increases your Debt-to-Income ratio, which may affect your credit profile.