How it works

• - Active Checking Account:
• Link your primary account with daily activity to help us understand your spending and earning patterns.
• Use it daily for at least 2 weeks to meet this requirement.
• - Account Age:
• Your account must be at least 60 days old.
• If it’s newer, wait until it matures.
• - Income:
• To qualify, you need at least 3 recurring deposits from the same employer or source.
• - Cash Cushion:
• We require a minimum average end-of-day balance on days you receive your paycheck to make sure that you can repay Northwestern Finance on time.

• Sign Up: Provide your phone number and email. Verify your phone with an OTP.
• Tell Us About Yourself: Submit your name, date of birth, address, and your government IDs (Aadhar or PAN) plus a selfie.
• Share Your Employment Details: Enter your employer, role, company email, and salary.
• Upload Financials: Submit 3 months of bank statements and paystubs.
• Request Cash: Choose your advance amount and repayment date (up to 6 months).
• Get Funds: Receive cash in 2-3 business days

• We want you to know exactly what you’re signing up for with our instant cash loans. Here’s a simple breakdown of the costs:
• Monthly Interest: You’ll pay between 2.33% and 3% per month on the amount you borrow. This depends on your credit profile—we’ll let you know your exact rate when you apply.
• Processing Fee: There’s a one-time 2% fee taken out of your loan amount before you get the cash. So, if you borrow Rs10,000, you’ll receive Rs9,800 upfront.
• Repayment Flexibility: You can take 1 to 6 months to pay us back. If you want to pay it off early, you’ll just add the first month’s interest plus 6% of what’s left.

• Example: ₹10,000 Loan for 3 Months
• You Get: ₹9,800 (after we keep ₹200 for the fee)
• Each Month: At 3%, you pay ₹3,535. About ₹300 of that is interest, and it goes down as you pay.
  
  

EMI	Interest	Principal
Rs 3535	Rs 300	Rs 3235
Rs 3535	Rs 203	Rs 3332
Rs 3535	Rs 103	Rs 3432

• Total Cost: At 3%, you pay ₹10,605 total (₹605 is interest).
• Pay Early? After 1 month, you’d have ₹6,765 left. You’d pay ₹7,170 (₹6,765 + 6% interest i.e. ₹405).