Blink Credit

Blink Credit is a digital credit information platform created to help users understand and manage their short-term financial needs in a clear and convenient way. The app allows users to view loan-related information, check applicable charges, and review repayment details before making a decision.

Service Provider

Blink Credit works as a platform that connects users with loan products offered through ADITSH FINTECH PRIVATE LIMITED. ADITSH FINTECH PRIVATE LIMITED is a Non-Banking Financial Company (NBFC) registered in India and is responsible for issuing, processing, managing, and servicing the loan products available through the Blink Credit application.

All credit products displayed in the app are provided and managed by the NBFC service provider in accordance with applicable Indian financial regulations. Blink Credit helps users complete the digital application process and access loan information in a simple and transparent manner.

Loan Details

Loan Amount: ₹5,000 – ₹300,000
Repayment Tenure: 91 – 365 days
Maximum APR: up to 25%
Processing Fee: 1% of the approved loan amount
GST: 18% on the processing fee

Before a user accepts any loan offer, the app clearly shows important details such as the approved amount, repayment period, interest, processing fee, GST, and total repayment amount. Users can review all costs in advance, and no additional hidden charges are added after the loan terms are confirmed.

Example Calculation

For a loan amount of ₹30,000 with a repayment period of 180 days at 18% APR:

Interest: ₹2,663 = ₹30,000 × 18% × 180 / 365
Processing Fee: ₹300 = ₹30,000 × 1%
GST on Processing Fee: ₹54 = ₹300 × 18%
Total Repayment Amount: ₹33,017 = ₹30,000 + ₹2,663 + ₹300 + ₹54

This calculation is for reference only. The final payable amount may vary depending on the approved loan amount, selected tenure, applicable APR, and final terms presented in the app.

Eligibility Requirements

To apply through Blink Credit, users must be residents of India. Applicants are required to provide valid KYC documents, income information, and other details needed for verification. Loan approval depends on internal review, credit assessment, eligibility checks, and verification by the service provider.

Submitting an application does not mean the loan will be automatically approved. The final decision is made based on the assessment process followed by the NBFC service provider.

How Blink Credit Works

Users can start by filling in their basic personal, KYC, and income details in the Blink Credit app. After the information is submitted, the service provider evaluates the application using internal verification and credit assessment procedures.

If the application meets the required criteria, the user may receive a loan offer. The offer will include the approved amount, repayment duration, interest rate, processing fee, GST, repayment schedule, and total amount payable.

Users can review the complete loan terms before accepting the offer. After the user confirms the terms digitally, the approved loan amount is disbursed as per the process managed by the NBFC service provider.

Blink Credit focuses on providing a straightforward digital experience with clear information, transparent charges, and easy access to loan-related details. Users should read all terms carefully before accepting any loan offer.

Contact Us

For support, questions, or assistance regarding the Blink Credit application, please contact us at:

services@finovatexlending.com