Sagar Credit: Line of Credit

Sagar Credit – Your Smart Credit Companion

Sagar Credit is designed to provide intelligent and flexible credit support for modern financial needs. Through a streamlined mobile experience and smart review technology, users can access a revolving credit line and manage repayments conveniently from anywhere.

Your approved credit limit stays available for future use, and charges apply only when funds are withdrawn.

Smart Features
- Flexible withdrawals within your approved limit
- Reusable credit access after repayment
- No fees on unused credit limits
- Transparent repayment and fee information
- Secure encryption technology for data protection
- 24/7 in-app support assistance

Credit Details
- Credit Limit: ₹2,000 – ₹2 lakh
- Withdrawal Duration: 91 to 180 days
- Daily Interest Rate: Up to 0.03%
- Maximum APR: 11.25%
- Processing Fee: No withdrawal or service fees

Usage Example
- Suppose you withdraw ₹15,000 for 180 days:
- Amount Received: ₹15,000
- Total Interest for 180 Days: ₹832
- Total Amount Payable: ₹15,832
If repayment is completed earlier, interest is calculated based on the actual usage period.

How the Credit Line Works
Once your account is approved, you receive a revolving credit limit that remains available within your account. You may withdraw only the amount needed and continue using the available balance after repayment.
Unused limits remain free of interest or usage charges.

Application Requirements
- Age 18 years or above
- Valid identification document
- Stable source of income
- Valid mobile number and bank account

Contact Details
- Email: contactus@sagarcredit.com
- Address: Plot No. 344 Nemisagar Next To Bp Petrol Pump Opposite Jharkhand Mahadev Lane Jaipur, Rajasthan, 302021 India
- Working Hours: Monday – Sunday, 8:30 AM – 6:30 PM