FAQs

Frequently Asked Questions

No. All fees are disclosed upfront, including a processing fee of up to 4%. LendingKart ensures full transparency in pricing.

Maintain proper financial records, ensure steady revenue, and make timely repayments on existing obligations to strengthen your application.

You can log into your LendingKart account anytime to view real-time updates on your application status.

Yes. LendingKart’s Business Loan EMI Calculator helps you estimate monthly instalments and plan cash flow efficiently.

Loans can be repaid monthly or bi-weekly, depending on your preference and cash flow.

You can prepay or foreclose your loan anytime without any extra penalty, ensuring flexible repayment options.

Yes. LendingKart offers unsecured business loans, meaning no assets or property are required as security.

Yes, but your total EMI obligations are considered to ensure you are not over-leveraged. EMIs should ideally not exceed 40-50% of income.

NACH (National Automated Clearing House) allows automatic debit of EMIs from your bank account for seamless repayments.

Missing an EMI may attract interest on overdue amounts and affect your credit score.

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