
NBFCBright LoansBright Loans
IS IT RIGHT FOR YOU?
Is Bright Loans right for you?
Decide based on your real situation, not on how fast the loan is approved.
When it fits
Very short terms available (as little as 15 days), useful if you can repay fast and don't want to carry a loan for months.
When it doesn't
Very high cost of borrowing - disclosed APR runs up to 486.67% plus a processing fee up to 10%, so it's expensive if you can't repay quickly.
Everything you need to know
Bright Loans offers personal loans of Rs 5,000 to Rs 1,50,000 with tenures of 2 to 12 months, for applicants aged 21 to 56. Interest rate and fees are not published and are shown on your own offer screen before you accept.
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