CreditMines

About Credit Mines Credit Mines is a digital lending platform designed to make short-term loans simple, secure, and convenient. Through our technology-driven loan journey, eligible customers can apply for unsecured personal loans without lengthy paperwork or collateral requirements. Whether you're managing an unexpected expense or planning an essential purchase, Credit Mines provides a fully digital borrowing experience with personal loan amounts ranging from ₹2,000 to ₹30,000. Our Purpose Our objective is to improve financial accessibility for individuals who may face challenges in obtaining credit through conventional financial institutions. By leveraging technology and a seamless application process, we strive to make responsible borrowing more transparent, accessible, and convenient. Who Can Apply? Credit Mines is designed to serve eligible borrowers from diverse backgrounds, including salaried professionals, self-employed individuals, freelancers, gig workers, homemakers, and blue-collar workers. It also supports individuals seeking short-term financial assistance for expenses such as medical emergencies, education, travel, home repairs, utility bills, and other essential personal needs. Eligibility • Applicants must be 21 years of age or above with valid PAN and Aadhaar Card Why Credit Mines? • 100% Digital Journey • Unsecured personal loans • No collateral requirement • No physical documentation • Secure verification process • Flexible repayment options • Industry-standard encryption for customer information • Transparent loan terms and charges Loan Features → Personal loans from ₹2,000 to ₹30,000 → Loans facilitated through RBI-registered NBFC → End-to-end digital application journey → No collateral & physical paperwork → Loan tenure: 90 to 180 days → Flexible EMI repayment options → Interest rates starting from 0.1% per day → APR Range: 143% – 283% Representative Loan Example (Illustrative) • Loan amount: ₹10,000 • Processing fee (15% of loan amount including GST): ₹1,500 • Total Loan Amount: ₹10,000 • Interest: Starting at 0.1% per day • Tenure: 3 months (90 days) • Your EMI: ₹3,538 • Total Amount to be Paid: ₹3,538× 3 = ₹10,614 • Total Interest Paid: ₹10,614 − ₹10,000 = ₹614 • Total Cost of Loan: ₹614 + ₹1,500 = ₹2,114 • APR (Annual Percentage Rate): 143.8% The above example is for illustration purposes only. The sanctioned loan amount, repayment schedule, applicable interest rate, processing fee, and APR may vary depending on the customer's eligibility and the lending partner's assessment. Lending Partner Loans available through the Credit Mines platform are facilitated by an RBI-registered NBFC: Mahan Industries Ltd. How Credit Mines Works Download and register on the Credit Mines application. Select your preferred loan amount and repayment tenure. Complete KYC verification using your PAN and Aadhaar details. Complete your profile using the required personal information. Your application is evaluated by the NBFC. Upon approval, the loan amount is transferred to your registered bank account. Repay your loan through UPI, debit card, or net banking. Data Security Credit Mines follows industry-standard security practices to safeguard customer information. Personal data is encrypted and processed through secure systems to help protect your privacy. Corporate Office B-107, Sankalp Iconic Tower, Opposite Vikram Nagar, Iscon Temple Cross Road, S.G. Highway, Ahmedabad – 380054, Gujarat, India Important Information • Loans are facilitated through RBI-registered lending partners. • Loan approval, sanctioned amount, repayment tenure, interest rate, processing fee, and other applicable charges are determined by the lending partner based on eligibility and internal credit assessment. • Submission of a loan application does not guarantee loan approval. • Terms and Conditions apply.