How can i get a better loan offer?
To qualify for better loan offers with Carbon, follow these steps:
Use Carbon as your primary account. Customers who make Carbon their main financial hub—receiving income, making purchases, paying bills, and saving with us—are more likely to qualify for higher loan amounts and better rates.
Increase your transaction activity with Carbon. The more you transact through Carbon, the more insights we gain into your financial behavior, which helps us offer you loans that are better suited to your needs.
Ensure your personal details are up to date. Correct and complete information helps prevent delays in loan processing.
Maintain a clean credit history. Your past behavior with Carbon and other lenders affects your eligibility. Timely repayments and responsible borrowing increase your chances of receiving better offers.
Level up your KYC. Ensure you’re verified at KYC Level 3 to avoid restrictions and access the full range of lending products.
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Loan Top-up
A loan top-up is accessing additional funds on a multiple installment facility after paying a certain number of installments on time for an extended period at the same rate. How do I get a top-up ? You need to have a current loan within a 3- 9 months ...
Available Loan Offer
a. Loan Offer is calculated based on the verified data from your information and current risk profile. b. The loan amount, duration and interest rate at any time depends on your profile and the information you provided in the application. . Note: ...
Loan top-up unavailable(due to a loan reschedule)
Please note that once a loan is rescheduled within the loan cycle, you are no longer eligible for a top-up offer. Kindly reapply after full repayment of the current loan facility.
How do I apply for a loan?
After downloading the app, sign in to identify yourself by providing your personal and financial information on your profile to get your Carbon account upgraded to KYC level 2, which is the minimum level required to access a Carbon loan. Once done, ...
How do you calculate the loan offer?
Your profile and the details you provide in the application will determine the loan amount, duration, and interest rate at any given time. When applying, we'll advise you to keep your profile updated. Linking your bank statement details gives you a ...