Dili is India’s first lending platform financing the personal and professional needs of the young and progressive. Focusing on your self enhancement and self care goals, dili helps you avail loans to pay for fulfilling your dreams to be a better version of yourself.
While availing any service from an empanelled merchant, ask about dili loans as an option to pay, download the dili App and complete the journey digitally in simple steps through on your mobile phone or on the web at www.dilinow.com. Your loan will be processed within a few minutes and the payment will be made directly to the merchant or service provider. Start enjoying your purchases without any hassles.
dili is not a NBFC or bank. It is a new age fintech company that has partnered with registered NBFCs/ Banks for financing the purchase of personal and professional requirements of the young and progressive
Please access the Terms and Conditions here.
dili offers lifestyle loans in many categories. dili loans help you pay for availing of services to do better in academics, competitive exams, professional courses, higher education, creative talents, and sports. You can also use dili loans to pay for health and wellness regimens, beauty treatments, exotic holidays and many other needs that are customised for you. these categories:
If you have a requirement that does not fit the above, let us know here <link to customer referral form>
No, this is a personal loan that does not require any security and totally different from a Credit Card. You can repay the loan in affordable monthly instalments paid over a period of your choice
The dili app has been designed keeping in mind your convenience to apply for a loan in simple and easy to complete steps, while you avail your desired service, from the merchant of your choice.
Just download the app from the play store on your android phone and register yourself. dili can also be used on the web by accessing www.dilinow.com.
Once the merchant originates your application and sends you a SMS link, you can complete the remaining steps as required on the dili mobile App or at www.dilinow.com so that dili can decide on your loan eligibility basis the personal and financial information provided by you
Both salaried and self employed individuals who comply with below criteria can apply:
Currently dili loans are available only in Mumbai, Thane, Navi Mumbai and Pune city.
At dili, we understand the inconvenience faced by you with regard to multiple documents that are asked for at the time of applying for loans. Hence, we strive to take minimum documentation to help us establish your Identity, address and financial position. These may differ based on your loan requirements, document availability with you, regulatory requirements etc. Usually we would seek the following documents from you
Regardless, we strive for all documents to be accepted online so that you don’t have to submit any paper forms or copies of your documents
dili offers a loan amount up to a maximum of 80% of the purchase price. Additionally, there could be a small processing fee. The balance amount of payment after deducting the processing charges will need to be paid by you directly to the merchant. Please check with your merchant for full details.
dili and it’s partner NBFCs/Banks reserve the right to sanction or reject a loan based on proprietary criteria. Additionally, they may sanction a loan amount lower than what you have applied for.
The loan amount is transferred directly to your merchant’s bank account, so you can start enjoying your selected service immediately.
Yes. We charge a partial prepayment charge, as applicable from time to time, on the amount being Prepaid by you. Currently the applicable charges are as below:
Partial Loan Prepayment Charges:
You can apply for a minimum loan amount of Rs. 15,000/-.
You can apply for a maximum loan amount of Rs. 2,00,000/-.
Your loan tenor can be for any of the following months: 3, 6, 9, 12, 18 and 24 months.
Credit Score is a numerical expression of your creditworthiness and repayment capacity arrived at through a set of assessment criteria.
Your loan amount is decided based on the financial and personal information provided by you, which we may verify independently. It is based on your creditworthiness and repayment capacity arrived at through a set of proprietary assessment criteria. These criteria are internal to dili and may not reflect in any form on your ability to apply and repay any other loans from other fintechs / finance companies in future.
The interest rate being charged to you depends on factors such as the merchant from where you are purchasing the service. The type of service availed, amount of loan, tenor. Interest rates could vary between 0% and 20%.
In all cases the interest rate will be made known to you before you avail the loan.
Yes. Processing fee is charged at the rate of 3% of the loan amount plus GST. The minimum processing fee will be Rs. 750 plus GST and maximum will be Rs. 3,000 plus GST.
Since there is operational effort that goes into performing credit checks and sanctioning the loan, the processing fee is charged upfront from the loan amount. However, this is a standard practice followed by all financial entities
The Table below lists out common charges that apply to your loan. All the other charges shall be mentioned in the Loan Agreement.
Standard Loan Charges:
NOTE: YOUR ACCOUNT WILL BE DEBITED FOR ANY OF THESE CHARGES IF APPLICABLE
The repayment is in monthly instalments. . We may charge you a pre emi interest in the first month so that we can schedule your EMI repayment
We will collect a mandate from you to deduct your bank account at a monthly interval for the EMI amount due. The emi will be recovered electronically from your bank account
Your repayment will usually start from the next month of your loan disbursement month. Your repayment date will be intimated to you during the loan sanction process
Yes, you can repay your loan anytime you wish to do so, even before the repayment date. The lending partner shall charge prepayment charges as mentioned in the loan agreement and applicable from time to time. Currently the Prepayment charges are applicable as per the table below:
Loan Prepayment Charges
Note: For final charges refer to your loan agreement.
Contractually you are expected to repay the loan through monthly EMI which will be deducted from your Bank account. In the event of the mandate being returned unpaid or the EMI remains unpaid, penalty charges will be applied for each day that the loan is overdue. Additionally your credit bureau record will be updated as overdue with credit rating agencies (Equifax, Experian, CIBIL, CRIF High Mark.) which will make it difficult for you to take loans with any bank or financial institution in the future.
No. dili or the lending partner does not provide any option to reschedule or postpone your EMI date unless there is a RBI mandate. As such, these postponement or deferment of EMI’s may be termed as restructuring of loan and your loan may be reported as a sub standard asset by the reporting entity.
dili supports loan repayment through NACH auto debits. We will set up your NACH mandate with us wherein you will authorise dili or its lending partners to debit funds from your bank account for repayment of your loan outstanding
Nach Mandate is an authorization that customers provide to lending Institutions to Debit funds from their bank account for repayment of your loan outstanding as well as interest, fees and other charges that may be applicable from time to time.
The debit to your account will be done every month on the due date of your EMI. In addition, there could be further Nach debits that may take place due to any amount outstanding on account of prepayments, delay in EMI payment & any other charges that may be applicable from time to time.
Minimum auto debit amount will be equal to your EMI amount. But, if there is any outstanding amount on your loan then the auto debit amount will be equal to the total loan outstanding amount.
An eContract, or electronic contract, is a legal document created and signed online. It is essentially a digital version of a traditional paper contract. As with paper contracts, eContracts are agreements signed by two parties. They are enforceable and legally binding documents that are typically used for Loan Agreements.
The term eSign stands for electronic - Signature. We use the services of our partner organization to enable our customers like you to sign documents such as our Loan Agreements, electronically, online.
An e-signature or electronic signature, is a legal way to get consent or approval on electronic documents or forms. It can replace a handwritten signature in virtually any process. An e-signature or electronic signature, is a legal way to get consent or approval on electronic documents or forms.
Indian law has recognised electronic signatures, or e-signatures, under the Information Technology Act 2000 (IT Act) for over 19 years. Hence, these are admissible in a Court of Law. The IT Act treats electronic signatures recognized under it as equivalent to physical signatures, subject to a few exceptions.
Please do reach out/write to us on for any other information at Email - firstname.lastname@example.org Call at +91 9619277859 (Mon-Sat 10:00 a.m. to 7:00 p.m)