OneScore : Instant personal loan, free credit-score & more!

Instant personal loan, free credit-score & more!

OneScore is a one-stop shop for managing credit score & getting an instant personal loan with flexible EMI options. Whether you need money to plan a trip or to take care of medical expenses, you can get an instant loan for any cash emergency with OnePL.

• Instant Loan Disbursal
• Easy Application
• No Collateral requirement
• Zero Documentation
• Flexible EMI options

How to avail of the best loan offer on OneScore ?

Build your credit worth by regularly tracking your credit score, & look out for the personalized OnePL loan offer. Depending on your credit score & other factors, you will receive instant approval on your personal loan application.

What’s more!

• You can also use the EMI calculator to plan your EMIs & choose from the flexible repayment options.
• Set up payment reminders so you never miss an EMI.
• Eligibility Criteria for OnePL
• A credit score of 730 & above
• Stable employment with monthly salary of >₹20,000
• Aadhar and PAN card holder

OnePL features

• Lending partners: Federal Bank, South Indian Bank, Kisetsu Saison Finance India
• Loan Amount: Up to Rs. 5 Lakh
• Loan tenure: Minimum 6 months, maximum 48 Months
• Interest Rates: 12.5%-18.5% (for Federal bank), 15.9%-16.8% (For SIB), 14% – 30% (For Credit Saison)
• Processing fees: 1.5-2.5% (Minimum Rs. 999) for Federal bank and 1% + Rs. 750 Digital document charges + GST for SIB
• APR: 13.32%-27.49% (for Federal bank), 16.54%-20.52% (For SIB), 14.5% – 32% (For Credit Saison)

Let’s understand this with an example, assuming a personal loan of Rs. 50,000 with a 13% interest rate & a repayment tenure of 1 year. Here’s how your loan disbursal amount would be calculated:

• Loan Amount – ₹50,000
• Tenure – 12 months
• Interest Rate – 13%
• EMI – ₹4,466
• Total Interest Payable – ₹4,466 x 12 months – ₹50,000 Principal = ₹ 3592
• Processing Fees (incl. GST) – ₹1179
• Disbursed Amount – ₹50,000 – ₹1,179 = ₹48,821
• Total Amount Payable – Principal + Interest + Processing Fees = ₹54,771
• Total Cost of the Loan = Interest Amount + Processing Fees = ₹3592 + ₹1179 = ₹4,771

In case the loan is disbursed on or after the 6th of the month and your EMIs fall on the 5th of the month, there’s a gap of 29 days between your loan disbursal date & the first EMI. The interest rate charged for this period is called Broken Period Interest.

Why download OneScore?

Get instant loans up to Rs 5 lakh with zero documentation & flexible EMI options. Check your Experian and CIBIL score in an instant, for free. It’s also completely spam-free & ad-free.

Get notified about changes in your credit score in real-time. Stay in charge of your credit score with a simplified credit report & eliminate errors in real-time.

Use the ‘Find out why feature’ to analyze your data and understand exactly why your credit score has changed.

Use the Score Planner to level up your credit score. Set a goal for yourself & achieve your ideal score with personalized insights.

Have a low credit score?

Use the simulator to get suggestions on how to improve your credit score with good financial habits.

1. Get a bird’s eye view of all your loan & credit card accounts.
2. Report inaccuracies in your credit record with a simple click.
3. Set financial goals & stay on track with timely reminders.

Why OneScore is different

End-to-End Credit Management Tool
One-stop solution for end-to-end credit management from building your credit score to availing instant personal loans at low-interest rates, do it all on the app.

1. Ad-Free: Rest assured, you will never get those spam calls and messages with unsolicited offers.
2. Safe & Secure: None of your information is shared with any third party or institution. Your data is safe with us.

For help email us at support@fplabs.tech. Do visit our website to contact us for any queries at https://onescore.app. Our address: OneHQ, SN 127, Near Sarjaa Hotel, Aundh, Pune, MH – 411007 IN