Interest Rate Policy

The Reserve Bank of India ("RBI"), through its Master Directions DNBS. PD. and subsequent amendments, requires all Non-Banking Financial Companies (NBFCs) to periodically review their internal policies and adopt a transparent interest rate model. This model must consider essential factors such as cost of funds, risk premium, margin requirements, and operational efficiency. The purpose of this framework is to ensure fair pricing of loans, consumer protection, and responsible lending practices within the NBFC sector.

Moneyjenie (“Company”), fully adheres to all RBI guidelines and updates its Interest Rate Policy as required. The Company operates under a digital lending framework offering Personal Loans, Salary Loans, and Short-Term Credit. In alignment with the Fair Practices Code and RBI regulations, this Interest Rate Policy outlines how Moneyjenie determines its lending rates, evaluates customer risk, and maintains pricing transparency across all loan products.

Disclosure

The interest rate model, methodology, and applicable rates shall be displayed on the Company’s official website and communicated to customers prior to loan disbursal. All disclosures are made in a clear, simple, and customer-friendly manner.

Interest Rate

This Interest Rate Policy has been reviewed and approved by the Board of Directors (“Board”) of Moneyjenie. The Company follows a structured interest rate model that considers key parameters such as cost of funds, operating expenses, margin requirements, credit risk, and long-term business sustainability. The applicable interest rate for each borrower is communicated via sanction letters, loan agreements, and digital approval channels before loan disbursal. All rates are clearly expressed in annualized percentage terms for customer clarity.

As per the Company’s interest rate model, the pricing for each loan may vary based on the following broad factors:

• Borrower’s risk profile and repayment capacity;
• Credit score and credit history;
• Cost of funds and capital requirements;
• Operational and administrative expenses;
• Expected credit loss / recovery cost;
• Loan product type and tenure;
• Other relevant considerations as determined by the Company.

All loans are offered on a fixed-rate basis and may be repaid through EMIs or Bullet repayment mode via digital payment channels only. Penal charges may apply in case of delayed EMI payments and will be calculated on the overdue amount for the number of days delayed, as specified in the loan agreement.

Any changes in the interest rate model or pricing structure shall be applied prospectively. Customers will be notified about such revisions through appropriate communication channels.

Fees & Charges

In addition to interest, certain fees and charges may apply, such as processing fees, origination fees, or credit-assessment charges. These charges are collected only from customers who have been sanctioned a loan and choose to proceed with disbursal. No fee is charged from applicants whose loans are rejected or who decide not to avail the loan after approval.

The processing and service-related fees typically range between x % – x % of the loan amount and are deducted at the time of disbursal. Additional charges may also apply, such as mandate registration fees, EMI bounce charges, rescheduling fees, documentation charges, or recovery-related expenses. Applicable taxes such as GST will be charged as per law. Refunds or waivers of these charges are generally not entertained and remain at the sole discretion of the Company.

Customer Communication

Moneyjenie ensures that borrowers receive complete clarity on all loan terms before disbursal. The final interest rate, fees, and applicable charges are clearly stated in the Sanction Letter and Loan Agreement. A digital or physical copy of the loan agreement is provided to every customer at the time of disbursement.

Amendment

This Interest Rate Policy may be modified or revised wholly or partially at any time with approval from the Board. Any amendments shall be implemented in compliance with applicable RBI guidelines.