Olyv

Olyv (formerly SmartCoin) is a digital lending platform that provides instant personal loans through its partner NBFCs and financial institutions. It is designed for salaried and self-employed individuals who need quick access to funds for personal expenses like medical emergencies, travel, or daily needs.

✔️ Applicant must be an Indian resident
✔️ Age: 21 to 60 years
✔️ Salaried or self-employed individual
✔️ Minimum monthly income: ₹10,000+
✔️ Work experience: Minimum 3–6 months
✔️ CIBIL score: 600+ accepted (750+ preferred)

✔️ Interest Rates: 18% – 36% p.a. (varies by partner lender)
✔️ Processing Fee: Up to 2% – 5% (+GST)
✔️ Tenure: 2 to 24 months
✔️ Foreclosure Charges: As per lender policy
✔️ Penal Charges: Applicable on overdue EMIs

✔️ Identity Proof (Aadhaar Card / PAN Card mandatory)
✔️ Address Proof
✔️ Income Proof (Salary Slip / ITR, if applicable)
✔️ Bank Statements (last 3–6 months)
✔️ Selfie / KYC verification (app-based)

Q1. What is the loan amount offered by SmartCoin (Olyv)?
Ans. Loan amounts range from ₹1,000 up to ₹5 lakh depending on eligibility.

Q2. What is the interest rate?
Ans. Interest rates generally range from 18% to 36% per annum.

Q3. What is the repayment tenure?
Ans. The tenure ranges from 2 months to 24 months.

Q4. Is collateral required?
Ans. No, it is an unsecured loan with no collateral required.

Q5. Who provides the loan?
Ans. Loans are provided by partner NBFCs/banks via the Olyv platform.