Fees & Limits

Transparent fees, charged only on what you use.

Holding a Niyat Limit costs nothing. Fees are only calculated based on the actual number of days used when you choose to withdraw.

0.05% per day 3% per withdrawal INR 0 if unused

Niyat Limit app withdrawal screen with limit tiers up to INR 150,000 and bank account and IFSC code fields

Credit Limit Usage Rules

Your limit, your amount, your timeline

Withdrawal Amount

MinimumINR 1,000

MaximumINR 150,000

Per transaction, within your approved credit limit.

Usage Period

Up to 365 days

You can choose the duration of each withdrawal, with a maximum of 365 days.

Unused Limit

INR 0

No interest or fees are incurred as long as you do not actively withdraw funds.

Fee Schedule

Three fees, clearly explained

There are no hidden charges. Every cost you may pay is listed here.

Fee Rate How it applies

Daily Service Fee 0.05% / day Calculated at 0.05% of the withdrawal amount per day, equivalent to an annualised rate of 18.25%.

Withdrawal Transaction Fee 3% Charged on each withdrawal as part of payment channel costs and deducted before the funds are transferred.

Extension Fee 0.05% / day If not repaid by the due date, for example a 30-day plan extended to 45 days, the extra days are still charged at 0.05% per day.

Withdrawal and Fee Example

INR 10,000 over 120 days, step by step

Assuming you withdraw INR 10,000, choose a 120-day term and an annualised fee rate of 18.25%.

Worked example INR 10,000 · 120 days

Daily Service Fee Rate18.25% / 3650.05%
Daily Service Fee10,000 × 0.05%INR 5
Monthly Service Fee5 × 30INR 150
Monthly Payment Due10,000 × 0.05% × 30 + 10,000 / 120 × 30INR 2,650
Total Service Fee5 × 120INR 600
Total Repayment at Maturity10,000 + 600INR 10,600
Withdrawal Fee10,000 × 3%INR 300

Actual Amount Received INR 9,700 10,000 − 300

In this example you receive INR 9,700, and the INR 10,600 is settled after 120 days. If you repay early, the bill is recalculated based on the actual number of days you used the service.

Estimate your own withdrawal

Move the sliders to see the fees for your amount and term.

Withdrawal amountINR 10,000

INR 1,000INR 150,000

Usage period120 days

1 day365 days

Daily service fee: INR 5
Total service fee: INR 600
Withdrawal fee (3%): INR 300
Approx. monthly payment: INR 2,650
You receive: INR 9,700
Total repayment: INR 10,600

Estimates follow the published fee schedule. Your final figures are shown in the app before you confirm any withdrawal.

Sunlit desk with a calculator, an open notebook with a pen, a mouse and a laptop

Early Repayment

Repay early and pay for fewer days.

Your bill is always recalculated based on the actual number of days you used the funds, so settling sooner means a smaller service fee.

Friendly Reminder

Niyat Limit is designed to provide you with financial flexibility. Please use it responsibly according to your actual repayment ability and avoid over-reliance.

Ask About Fees