In case of 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 of a Personal Loan between INR 20,000 to INR 1 Lakh


  • 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 of a Personal loan between INR 1-3 lakhs


  • 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 of a Personal loan between INR 3-5 lakhs


  • 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 of a Personal loan more than INR 5 lakhs


  • 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 of a Personal loan more than INR 5 lakhs - Disbursed 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.