FAQs
Frequently asked questions
Straight answers about eligibility, documentation, lending partners and repayments.
Is UdhaarWala a lender?
No. UdhaarWala is a lending platform and loan origination platform. Credit may be offered by RBI-regulated lending partners after their assessment.
What loan amount can I apply for?
The MVP supports applications between ₹5,000 and ₹1,00,000 with tenure from 3 to 12 months.
Is PAN mandatory?
Yes. PAN is required for identity, eligibility and partner assessment workflows.
Do I need a bank account?
Yes. A bank account is mandatory for salary verification, disbursal readiness and repayments.
Is the OTP real in this MVP?
Mobile OTP is mocked for the MVP. The architecture is ready for a production OTP provider integration.