What is TinyLoan and how does it work?

TinyLoan – For timely EMI payments or squaring monthly bills, making a major purchase that you so desired, taking a vacation to unwind or meeting a medical or financial emergency, keep the power of TinyLoan in your smartphone. Quick Tiny Loans from TinyLoan that help you stitch in time.

TinyLoan, enables short-term loans to young salaried professionals. Powered by a proprietary predictive algorithm called The Social Loan Quotient (SLQ) that creates a sophisticated credit profile of consumers totally different from conventional banks and credit agencies. TinyLoan enables young professionals to get loans within hours. You can now avail loans ranging from Rs. 10,000 to Rs. 30,000 for 30 days based on your need. All you require is a salary slip, bank statement, PAN card & address proof on a self-signed. Money is in your bank account within hours.

What is SLQ?

Social Loan Quotient – Get approved…even without prior credit history.
A brand born in a digital world, serving millions of digital Indians must offer something truly unique. That’s what we set out to accomplish at TinyLoan.
We are all part of a giant digital community and our digital presence is imprinted in multiple ways. This digital footprint of ours literally defines how we exist & behave in the social world. This is what drove our research scientists to develop an advanced credit ranking system using big data analytics, AI and predictive tools to calculate Social Loan Quotient (SLQ) of our customers.
Conventional lending agencies and banks work on out dated systems that rely more on your past financial transactions. We are interested in your today and how that will impact your tomorrow.
SLQ’s revolutionary approach changes the way credit-risk is calculated. It is linked to a number of data points including mobile and social media footprint, education, monthly salary and career experience. SLQ is a dynamic score and as you interact with us more and spend time in the digital space your SLQ score evolves too.

What documents are required for applying for a TinyLoan?

Just provide these 5 basic documents and you can get yourself credit approved with TinyLoan

1. Photo Identity Proof – PAN card
2. Latest salary slips (3 Months)
3. Permanent Address Proof – Any one (1): Aadhar Card/Passport/Driving License/Voter’s Identity Card or Utility Bills i.e. Electric/landline phone bill/ Gas Bill (not more than 2 months old) If Current Address is different from Permanent Address, then additionally: Utility Bill- Electric/landline phone bill/ Gas Bill of current address (not more than 2 months old), Leave & License Agreement/Rent Agreement
4. Latest statement of your Bank Account, showing your salary credit (3 Months)

We would also ask you for a passport size photo as proof of your photograph.
Your information will only be used internally. Promise.

What Is Verification Process ?

1. PAN Card shall be verified electronically from Income Tax Website so as to ascertain correctness of the PAN Number and corresponding name from Income Tax web site. The said verification may be carried out by an independent Agency.
2. Similarly Aadhar Card & Voter’s Identity Card shall be verified through Independent Agency.
3. Utility Bills and Passport will be used to verify address.
4. Passport size photo

For more information on this you may contact us on info@tinyloan.in, kyc@tinyloan.in

Why do you need my documentation?

TinyLoan aids the Lender in using a proprietary system to determine whether your creditworthiness and your documents depict that you are a responsible Borrower. Don’t worry, this information is for internal use only. The security of your information is of the utmost importance to us. For more information, feel free to go through our Privacy Policy.

Do I need to provide these documents every time whenever I request for a loan from TinyLoan?

Not at all. Once your documents are verified and you are credit approved, you can relax for the next 30 days without resubmitting your documents. However, we would expect you to notify us immediately if there are changes in your employment, salary or residence. In any of these cases, you would have to send the necessary document and it would require us to verify you again.

TinyLoan has a one-time registration process. Once you register with TinyLoan and receive eligibility, you’re free to borrow as many times as you wish, without having to register again and again.

What about collateral/security?

Relax. We trust you. We require no collateral. Simply provide us your valid documents so we can determine your eligibility and you’re all set!

Are you a bank or an NBFC?

TinyLoan is the online aggregator for a panel of seven RBI Registered NBFC in New Delhi /NCR Region. Following norms laid down by the RBI. The Panel of Seven RBI Registered NBFC’s and TrueLink Services are your lenders and all payment terms and conditions are agreed with the NBFC’s and TrueLink Services and not with TinyLoan. TinyLoan is a sophisticated, user friendly, technology platform which provides hassle-free experience to borrow tiny loans.

This entirely depends on your social profiling as to which NBFC is going to cater to your loan requirement.Different NBFC’s have different policies and criteria’s.

Who can apply for a loan with TinyLoan?

Any Indian citizen residing in India, above the age of 18, with a proof of current employment, earning a monthly salary of 15,000 and above, a bank account, a Facebook / Google+ / a LinkedIn account and valid identity and address proof can apply for TinyLoan.

Do I have to share the details of my Facebook / Google+ / LinkedIn accounts?

Yes, TinyLoan aims to revolutionise the process of borrowing wherein we use your internet presence on social networking sites as a reliable benchmark to assess your creditworthiness. Your social networking activities provide valuable information on who you are, and whether you fit our ethos. It’s younger, simpler and more convenient.

Why are my social media accounts accessed?

TinyLoan is simply assisting Lender to try and get a picture of who you are using industry standard access levels in terms of your network, contacts and activity. Relax, because under no circumstances will your information be shared with third parties, nor will TinyLoan retrieve personal data without your consent. Please refer our Privacy Policy.

How much cash can I borrow from TinyLoan?

With our multiple loan options you can now opt to borrow TinyLoan starting as low as Rs 10,000 to a maximum of Rs 30,000 with a repayment period of 30 days. Would you like to borrow a larger sum with flexible repayments? No problem, we now offer loans starting Rs 10,000 to Rs 100,000 that can be repaid back to us in 3 EMIs.

What are your eligibility criteria?

The maximum loan eligibility is set at 40% of your monthly net salary if you wish to take a loan for 30 days – the maximum amount you can request for is Rs 30,000. For example, if your net monthly take home salary is Rs 60,000, you would get a maximum loan of Rs 24,000 from TinyLoan. You can choose to repay us post 7 days and before 30 days – we leave that up to you. Please be advised that the repayment options do carry its own interest charges which are explained below.

For a 90-day loan, your eligibility goes up to 100% of your monthly net take home salary. The minimum and maximum loan ranges from Rs 10,000 to Rs 30,000.

Apply now – Please send your request to info@tinyloan.in, kyc@tinyloan.in

My loan application didn’t get approved. Why?

If you haven’t sent the required documents, furnished false information, lack a job or the means to repay, or your profile does not include the qualities required of a user of TinyLoan, or if we are unable to verify your information, your application could be rejected and the same shall be communicated to you. This isn’t a reflection on your credibility, it’s simply that your profile does not fit as per our algorithm. Better luck next time.

Will I still get a loan if I don’t qualify as per your internal credit rating criteria?

Yes. If your application doesn’t meet our internal credit rating criteria, there is a possibility that the loan will be given to you subject to furnishing a post dated cheque. This however is on a case to case basis only.

Can I re-apply?

Absolutely, If you feel that your application should be reviewed or if you believe that there have been material improvements in your creditworthiness since you last applied, do re-apply after 3 (three) months from the rejection of your previous application. We will be to look into it. However, approval remains solely at the discretion of Lender.

What are the processing charges TinyLoans?

There’s a one-time processing fee i.e. the first time you borrow cash from TinyLoan. The slabs are as follows:
A flat-fee of INR 250/- on amounts eligible INR 10,000 for 30 Days.
A flat-fee of INR 375/- on amounts eligible INR 15,000 for 30 Days.
A flat-fee of INR 500/- on amounts eligible INR 20,000 for 30 Days.

A flat-fee of INR 625/- on amounts eligible INR 25,000 for 30 Days.

A flat-fee of INR 750/- on amounts eligible INR 30,000 for 30 Days.


We charge a flat 2.5% processing fee on the principal amount for the 30-day loan.
The respective processing fee will be deducted at source at the time of loan disbursement.

How do I repay the Loan availed from TinyLoan?

  • We accept payments through NEFT,IMPS or you can ask for present your cheque.
  • Enter your TinyLoan CLN # as account number in the field called Account number and choose Account name as TrueLink Services
  • VIJAYA BANK CURRENT A/C NO- 602000301000666
  • Please ensure that the IFSC code is
  • Please make sure that you enter the above information correctly while transferring funds.

Please write to info@tinyloan.in, kyc@tinyloan.in if you need further assistance.

How fast will I get my loan?

Your loan is generally transferred instantly as soon as all your documents are verified. In order to process your loan quickly, we advise you to send the necessary documents in the necessary formats and make sure they are clear and legible.

When will I be considered as a defaulter?

Default is a failure to repay the full amount due including Interest as the case may be, within the time frame (including extended periods) from date of disbursement of loan amount.

So what if I default?

TinyLoan is an enterprise of trust. As a user of TinyLoan, Lender lends you cash because it believes in your creditworthiness, and in your ability to return it. So should you default despite the trust bestowed, the Lender will be forced to make your status as a defaulter public on the TinyLoan website, Lender’s website and on your social network and take necessary steps for recovery. Lender will also inform CIBIL and other credit rating agencies.

How fast will I get my cash?

You will be transferred cash instantly upon your successful approval

What do I do in case you can’t give me the amount within 24 hrs?

This is unlikely – TinyLoan is designed to complete your credit appraisal within hours. Once that’s completed, you will be informed immediately of your eligibility. In some cases, some additional information may be required to disburse cash. But, whatever the case, we’ll ensure that you’re always kept in the loop.

Can I change my loan request?

You can change your loan request only after the final approval for the loan has been given. Please reach out to info@tinyloan.in, kyc@tinyloan.in for this purpose.

Can I repay my cash before the due date?

Is that even a question?? Absolutely! In fact, making payments before they are due raises your SLQ score. However, the interest payments are deducted at source at the time of disbursement and it will not be reduced/ reimbursed in such instances.

Can my loan amount be recalled?

The lenders reserve the right to recall, with due notice, any cash disbursed to Borrower for failure to disclose materially valuable information to determine your credit profile. If you’ve provided false or misleading information, the Lender will call for the amount to be repaid within 24 hours, following which you will be categorised as a defaulter, with the attendant penalties and appropriate steps may be taken by appropriate authorities.

Who powers TinyLoan & remits and recovers the loan amount?

TinyLoan is powered by the panel of  seven RBI registered NBFCs that work with us to fund you in times of your need  or TrueLink Services –which determines Borrower eligibility, disburses loan amounts to users of TinyLoan as well as recovers the same.

Can I refer my friends? What are my benefits?

The TinyLoan offer lets you refer as many friends as you can provided they are salaried. Each successful referral gets you Rs. 375/- and your referred friend gets a 50% off on the processing fee when they apply for a loan from TinyLoan.

Do you have a phone number for me to call you?

We do not interact with our customers on phone. Please email us at info@tinyloan.in, kyc@tinyloan.in  for any queries related to the loan products, we will ensure that you are responded to as quickly as possible. In case you would like to know on enterprise package, please send an email to info@tinyloan.in, kyc@tinyloan.in.