Your loan is repaid through small, fixed daily deductions, known as Equated Daily Installments (EDIs), from your registered bank account.
Instead of paying one large monthly EMI, your repayment is spread across the loan tenure in smaller daily installments, making it easier to manage your business cash flow.
Before accepting your loan, you'll be able to review your complete repayment schedule, including:
- Daily EDI amount
- Loan tenure
- Total repayment amount
This ensures complete transparency before your loan is disbursed.