Anyone using Jupiter On Demand Salary?

[Card_Crafter]

As per them, only a small processing fee will be charged on the withdrawal amount with 0% interest if we repay in a month.

Anyone used it here in this community? Wants to know how it's reported in CIBIL? As a personal loan or something else.

I am getting a offer banner upto 2.5 lakh, so if i withdraw 20k today and 10k on another day, will these be reported as multiple loans or just a single entry?

 

[FinGuru]

As per them, only a small processing fee will be charged on the withdrawal amount with 0% interest if we repay in a month.

Anyone used it here in this community? Wants to know how it's reported in CIBIL? As a personal loan or something else.

I am getting a offer banner upto 2.5 lakh, so if i withdraw 20k today and 10k on another day, will these be reported as multiple loans or just a single entry?

The way I see it, it's a line of credit. The amount availed by you will be reported in a single line item.

 

[dhiraz]

As per them, only a small processing fee will be charged on the withdrawal amount with 0% interest if we repay in a month.

Are They Charging Flat 1% One Time Processing Fee or On Every Withdrawal Amount?

 

[suryatejad]

Are They Charging Flat 1% One Time Processing Fee or On Every Withdrawal Amount?

they are charging 2.5%+gst