What loan amounts does Privena offer?
Two products: a Quick Loan from ₹5,000 to ₹25,000 (3–6 months), and a Personal Loan from ₹25,000 to ₹75,000 (6–18 months). Approved amount depends on income and credit profile.
FAQ
Answers, before you ask
Common questions about loans, eligibility, rates and the Privena process.
How long does disbursal take?
Approved loans are typically credited to your bank account the same day, often within a few hours of final approval.
What interest rates do you charge?
Quick Loan: 2.5%–3.0% per month (36%–42% APR). Personal Loan: 1.75%–2.25% per month (26%–34% APR). Your exact rate depends on credit assessment.
What about processing fees?
Processing fees are 3%–4% for Quick Loan and 2%–3% for Personal Loan, deducted upfront from the disbursed amount. All charges are disclosed in your Key Fact Statement before you accept the offer.
Are there prepayment or foreclosure charges?
You can foreclose at any time. Nominal charges may apply and are fully disclosed in your loan agreement before acceptance.
Do I need collateral?
No. All Privena personal loans are unsecured — no collateral or guarantor required.
Will checking eligibility affect my credit score?
No. Our initial check uses a soft pull which does not impact your credit score.
What documents do I need?
PAN, Aadhaar, recent salary slips or ITRs, and bank statements. Full list is on our Eligibility page.
Is my data secure?
Yes. We use bank-grade 256-bit encryption and follow the data protection norms set out in the RBI Digital Lending Guidelines.