LimitBee
LimitBee
Transparent rates, clear rules, and a detailed calculation example so you know exactly what to expect.
Choose your own withdrawal period and amount — minimum INR 1,000, maximum INR 50,000. Smart credit access designed for real life, with no fee if unused.
Choose your own withdrawal period and withdraw funds as needed.
Minimum INR 1,000, maximum INR 50,000 per withdrawal.
Equivalent to a maximum of 18.25% per year.
A 1% fee is charged on each withdrawal to cover related costs.
You must be at least 18 years of age to use the credit analysis feature of this platform.
If the loan is not repaid by the due date — for example, if a user initially planned to withdraw for 30 days but needs to extend it to 45 days — the excess amount will still be charged a 0.05% extension fee per day.
Withdrawing ₹10,000 Indian Rupees for a term of 120 days at an annual interest rate of 18.25%
| Item | Calculation | Amount |
|---|---|---|
| Daily Interest Rate | 18.25% ÷ 365 | 0.05% |
| Daily Interest Payable | 10,000 × 0.05% | ₹5 |
| Monthly Interest Payable | 10,000 × 0.05% × 30 | ₹150 |
| Monthly Repayment | 10,000 × 0.05% × 30 + 10,000 ÷ 120 × 30 | ₹2,650 |
| Total Interest | 10,000 × 0.05% × 120 | ₹600 |
| Total Payment | 10,000 + 600 | ₹10,600 |
| Withdrawal Fee | 10,000 × 1% | ₹100 |
| Amount Received by User | 10,000 − 10,000 × 1% | ₹9,900 |