Everything you need to know about the how, what, and why.

A Line of Credit (LOC) is a revolving credit facility. Once approved, you get a credit limit (for example, ₹50,000). You can borrow any amount up to that limit at any time. As you repay, the available limit is restored — so you can borrow again without reapplying.

A personal loan gives you the full amount upfront and charges interest on the entire principal from day one, regardless of how much you actually need. With SeclineLoan, you only draw and pay interest on what you actually use. The rest of the limit sits idle — at zero cost.

SeclineLoan offers credit limits between ₹5,000 and ₹1,00,000. Your exact limit depends on your income, credit profile, employment stability, and other factors assessed during onboarding.

No. Unlike a credit card, SeclineLoan is cash — you draw funds directly to your bank account. There's no interest-free period, no merchant restrictions, no annual fee, and no swipe charges. Think of it as a flexible digital cash line.

Indian citizens aged 21 to 60 with a monthly income of at least ₹12,000 and an active bank account can apply. You'll also need a valid PAN card and Aadhaar for KYC verification.

No. The quick limit estimator on our website does not perform a hard credit check and does not affect your score. A hard pull is only triggered when you complete the full application in the app.

Most applicants receive a credit decision within minutes of completing the full application in the SeclineLoan app. In some cases, additional verification may be needed, which can take up to 24 hours.

We consider applicants across credit profiles — not just high-score customers. A CIBIL score of 650+ improves your chances and may get you a higher limit, but we also use alternative data from India Stack to assess creditworthiness for first-time borrowers.

Interest is charged only on the outstanding drawn amount, on a daily reducing balance basis. For example, if you have a ₹30,000 outstanding at 18% annual interest, your daily interest is approximately ₹14.79 (30,000 × 0.18 / 365). There's no interest on the unused portion of your limit.

No hidden fees. You pay interest on drawn funds and a one-time processing fee at the time of sanction (clearly disclosed before you sign). There are no annual charges, no prepayment penalties, and no charges on unused credit limit.

You can pay the minimum due each billing cycle, pay more when you have surplus, or pay the full outstanding balance at any time — all from the SeclineLoan app using UPI, net banking, or debit card. Every repayment restores your available credit limit.

A late fee applies only to the overdue amount, and your CIBIL score may be impacted. We strongly encourage you to pay at least the minimum due on time to maintain healthy credit history and keep your account in good standing.

All personal and financial data is encrypted in transit and at rest using bank-grade encryption. We comply with RBI data localization requirements and do not share your data with third parties without your explicit consent.

SeclineLoan is operated by Secline Cyber Solutions Private Limited, a fintech company registered in India. Credit facilities are disbursed through our RBI-regulated lending partners. The full loan agreement, including lender details, is presented to you digitally before any amount is disbursed.