Up to ₹ 2 lakh · interest from 14% p.a.
Cover a rent gap or a new-home security deposit in Mumbai without the stress. A rent or deposit loan helps you cover a security deposit or bridge a rent gap when moving into a new home, repaid over a short, manageable tenure.
Mumbai is India's financial capital and most densely populated metro, stretching from the trading floors of Nariman Point to the suburbs of Borivali and the IT parks of Powai. It is a high-cost city where everyday expenses move as fast as the local trains.
Moving home in Mumbai usually means a large security deposit due all at once. A LoanDidi rent and deposit loan covers that lump sum so a new place doesn't have to wait on your next few salaries.
Borrowers apply from across the city — Andheri, Bandra, Borivali, Thane, Dadar, Powai, Goregaon, Mulund, Chembur, Malad, Kurla, and Navi Mumbai — and everywhere in between.
Nearby: Rent & Deposit Loan in Pune
Consider a nurse in Mulund moving to a new home, where the landlord wants several months' rent as a security deposit up front. Given the high rents and long local-train commutes, living closer to work is worth it. A LoanDidi rent and deposit loan covers that lump sum so the move in Mumbai goes ahead.
Yes. It's a personal loan well-suited to one-time lump sums like a rental security deposit or a brokerage payment, up to your sanctioned amount.
Funds are disbursed to your bank account once the Lender approves, so you pay the landlord or broker directly.
In equal monthly instalments over a fixed tenure. The on-page calculator shows an indicative monthly amount before you apply.
No agreement is required to apply. Eligibility is based on your profile and the Lender's credit policy.
A new-home security deposit
A month's rent gap
Brokerage charges
Moving and shifting costs
Setting up a new place
Loan amount
Up to ₹2 lakh
Interest
From 14% p.a.
Processing fee
From 2% (one-time)
Age
18 years & above
Indian resident, aged 18 or above.
A steady source of income — salaried, self-employed, or gig.
A valid PAN and a bank account in your name.
First-time and thin-file borrowers are welcome.
PAN card (identity proof).
Aadhaar or another address proof.
Recent bank statement (often verified via Account Aggregator).
Income proof, where applicable.
Illustrative example for a ₹50,000 loan repaid over 12 months at an interest rate of 14% p.a. with a processing fee of 2%. Your own interest rate, processing fee and other charges are set on a risk-graded basis by our RBI-regulated NBFC partner, Collocate Merchants Private Limited (RBI Certificate of Registration No. B-05.05188), and vary with your credit profile, loan amount and tenure. Every charge that applies to your loan is set out in full in the Key Fact Statement, which you receive before you accept any loan.
All fees and charges are communicated to you upfront in the Key Fact Statement before you accept a loan. Loans are sanctioned and disbursed by Collocate Merchants Private Limited; approval is at the sole discretion of the partner NBFC.
No surprises. No fine print. Move the sliders and see your repayment plan.
How we calculate: Your instalment is worked out on the loan amount, the annual interest rate applicable to your risk profile and the number of months you choose, with interest charged only on the amount still outstanding. A one-time processing fee applies separately. This is an indicative estimate only — your final tenure, rate and charges depend on your credit profile and our partner NBFC’s policy, and are set out in full in the Key Fact Statement before you accept any loan.
The all-purpose loan up to ₹2 lakh for any genuine need.
For a hospital bill or urgent health expense that can't wait.
Buy the phone you need for work or study, repaid over time.
For a trip home, a family event, or a long-planned holiday.
Cover a function or wedding expense with dignity.
Exam, semester, or coaching fees — so learning never pauses.
An appliance or gadget for the home, paid in easy instalments.
Bridge the down-payment for your new two-wheeler.
Celebrate the season without straining the month's budget.
Smooth out a heavy utility or recurring bill this month.
Apply in minutes, or call us free — a real person will help you decide.