Now receive Personal Loan in minutes from Instant Loan App designed for Bharat
Olyv (formerly SmartCoin): India’s #1 app to get and grow money
With Olyv (formerly SmartCoin) you can get quick and easy, 100% digital loans that require no documentation and are disbursed directly in your bank account within minutes. That’s not all. It is also a trusted platform to get insights on your credit health by tracking your score for free and acting on personalized tips and insights that we provide to improve your score. Our digital gold savings product allows gold storage with as low as Rs 10*. You can also develop a habit of savings using this product. We are the easiest, personalised financial wellness app that helps you take control of your finances.
Instant Personal Loans up to ₹5 lakh*
→ Trusted by ~2 Cr Indians
→ RBI registered lenders
→ 100% digital loan application journey
→ No collateral or paperwork
→ Tenure: Minimum period for repayment- 2 months, Maximum period for
repayment- 24 months
→ Flexi EMIs & interest starting at 1.5% per month
→ APR range – 30 to 90%
Example
Here’s an example on how loans from Olyv work:
Example
• Loan amount: ₹65,000
• Processing fee (2% of loan amount * 18% GST) : ₹2,301
• Total Loan amount: ₹67,301
• Interest: 3% per month
• Tenure: 9 months
• Your EMI: ₹8,348
• Total Amount to be paid: ₹ 4,840 x 12 = ₹ 58,075
• Total interest paid: ₹ 58,075 – ₹ 51,180 = ₹ 6,895
• Total cost of loan: ₹ 6,895 + ₹ 1,180 = ₹ 8,075
• APR (Annual Percentage Rate): 28.58%
Credit Health
Check and improve your credit score for free
• 60-second score refresh
• Exciting rewards
• Personalized tips
Digital Gold Savings
Save regularly with as low as ₹10* with guaranteed safety
• No storage charges
• 24 K 99.9% pure gold
• 24×7 redeeming options