In case the Loan Is InstaMoney or InstaMoney Plus


  • If the Borrower has delayed his repayment by a week (7 days from EMI date), he will be charged Rs. 250
  • If the Borrower has delayed his repayment by 2 weeks (14 days from EMI date), he will be charged Rs. 500
  • If the Borrower has delayed his repayment by 3 weeks (21 days from EMI date), he will be charged Rs. 750
  • If the Borrower has delayed his repayment by 4 weeks, he will be charged Rs. 1000
  • For delays of an EMI beyond a month, the Borrower will be charged an additional 2% penal interest rate; on the overdue amount


In case the Loan amount is ₹ 20,000 to ₹ 100,000 


  • If the Borrower has delayed his repayment by a week (7 days from EMI date), he will be charged Rs. 750
  • If the Borrower has delayed his repayment by 2 weeks (14 days from EMI date), he will be charged Rs. 1,500
  • If the Borrower has delayed his repayment by 3 weeks (21 days from EMI date), he will be charged Rs. 2,250
  • If the Borrower has delayed his repayment by 4 weeks, he will be charged Rs. 3,000
  • For delays of an EMI beyond a month, the Borrower will be charged an additional 2% penal interest rate; on the overdue amount


In case the Loan amount is more than Rs. 1,00,000 and less than Rs. 3,00,000


  • If the Borrower has delayed his repayment by a week (7 days from EMI date), he will be charged Rs. 1,000
  • If the Borrower has delayed his repayment by 2 weeks (14 days from EMI date), he will be charged Rs. 2,000
  • If the Borrower has delayed his repayment by 3 weeks (21 days from EMI date), he will be charged Rs. 3,000
  • If the Borrower has delayed his repayment by 4 weeks, he will be charged Rs. 4,000.
  • For delays of an EMI beyond a month, the Borrower will be charged an additional 2% penal interest rate; on the overdue amount.


In case the Loan amount is more than Rs. 3,00,000 and less than Rs. 5,00,000


  • If the Borrower has delayed his repayment by a week (7 days from EMI date), he will be charged Rs. 1,500
  • If the Borrower has delayed his repayment by 2 weeks (14 days from EMI date), he will be charged Rs. 3,000
  • If the Borrower has delayed his repayment by 3 weeks (21 days from EMI date), he will be charged Rs. 4,500
  • If the Borrower has delayed his repayment by 4 weeks, he will be charged Rs. 6,000

  • For delays of an EMI beyond a month, the Borrower will be charged an additional 2% penal interest rate; on the overdue amount.

In case the Loan amount is more than Rs. 5,00,000 and less than Rs. 10,00,000 - Before 9th June 2021


  • If the Borrower has delayed his repayment by a week (7 days from EMI date), he will be charged Rs. 1,500
  • If the Borrower has delayed his repayment by 2 weeks (14 days from EMI date), he will be charged Rs. 3,000
  • If the Borrower has delayed his repayment by 3 weeks (21 days from EMI date), he will be charged Rs. 4,500
  • If the Borrower has delayed his repayment by 4 weeks, he will be charged Rs. 6,000
  • For delays of an EMI beyond a month, the Borrower will be charged an additional 2% penal interest rate; on the overdue amount.


In case the Loan amount is more than Rs. 5,00,000 and less than Rs. 10,00,000 - On or after 9th June 2021


  • If the Borrower has delayed his repayment by a week (7 days from EMI date), he will be charged Rs. 2,000
  • If the Borrower has delayed his repayment by 2 weeks (14 days from EMI date), he will be charged Rs. 4,000
  • If the Borrower has delayed his repayment by 3 weeks (21 days from EMI date), he will be charged Rs. 6,000
  • If the Borrower has delayed his repayment by 4 weeks, he will be charged Rs. 8,000
  • For delays of an EMI beyond a month, the Borrower will be charged an additional 2% penal interest rate; on the overdue amount.




All these charges will be divided among investors and LenDenClub. These charges will be applicable on loans disbursed April 1, 2017, onwards. The delay charges are distributed in the ratio of 40:60 wherein 40% is credited to the lender and 60% to Lendenclub.