12% or Lower
2% of Loan Amount
12 – 15%
3% of Loan Amount
15 – 18%
4% of Loan Amount
18% & above
5% of Loan Amount
The processing fees depends on the interest rates at which your loan
The registration fees is used to get your credit report, verify your home address, your office address, and your credentials. Currently, CIBIL charges ₹ 500 for credit report, and a customer service executive charges ₹ 200 for home verification, and ₹ 200 for office verification. In addition to that, Fundhouse needs to verify your credentials and bank statements. Without verifying your identity, home address, bank statements, and credit profile, we cannot share your profile with our pool of investors.
No. However, if we cannot give you a loan in two weeks after registration, then we would gladly reimburse you ₹ 500. We will reimburse you entire application fees if we cannot get you a loan, and a bank / NBFC provided you a loan.
Yes, you can. Below is eligibility criteria for 12% interest loan:
Please understand that the interest is set by our investors, If they think that their money is at risk, then they would ask for higher interest rates. Having said that, we have investors who have given loans at 12%.
Our Pricing Policy may change from time to time.