Branch makes it easy for people to access a loan, anytime, anywhere. Complete our application in seconds and receive your loan straight into your bank account. Visit our website to learn more.
Branch has offices in Nairobi, Kenya; Lagos, Nigeria; Mumbai, India; and San Francisco, United States.
At the moment, Branch operates in India, Kenya, Tanzania, and Nigeria.
You can follow this link and click Update. Or you can go to Google Play, search for “Branch International” then click “Update”.
Our preferred method of communication is the in-app chat feature or email to india@branch.co. Please send us a message at any time, and we will help you resolve whatever issue you may have. For more complex issues, we will call you within 48 hours to resolve the issue.
Please click here to see what other customers are saying about Branch.
Requirements are simple - all you need to apply is your active mobile number, PAN number, Aadhaar card or Voter ID, and bank account number. We will also request access to the data on your phone in order to build your credit score.
Branch uses data from your phone, including your handset details and transaction messages to make lending decisions. We combine this with your Branch repayment history to build an individualised credit score, which determines the loan offers you receive.
We aim to process all loans within 24 hours. On average we process loans in less than 8 hours and hope to reduce that to a few minutes.
If you don’t get accepted when you apply, don't worry! Sometimes it may take several attempts to qualify for a loan. We encourage you to continue saving data on your phone and to reapply after the period stipulated.
Branch uses data from your phone as well as other sources to make a lending decision. To increase your chances of approval, please make sure to save the data on your phone, stay current with all other lenders, and correctly input your personal and account details.
Applying for a loan is easy! After you have downloaded the Branch app, all you need to do is sign up, navigate to the “Loans” option at the bottom of the Home screen, and fill in your personal details, phone number and bank details. Then you can view available loan offers, select an option, and tap “Apply”.
Our loan sizes range from ₹750 to ₹1,00,000. If you repay loans as scheduled, the amount that you can borrow will increase.
The loan offers you see depend on a number of factors, including your repayment history with Branch. If you repay each installment by its due date, you may unlock access to larger loans over time. Note that the increase may not always be immediate, and that repaying your loan late may result in smaller loan offers.
Unfortunately, you won't be able to access a loan of a larger size. The fastest way to increase the amount you are eligible for is to build credit by making each repayment on time.
The largest loan amount we currently offer is ₹1,00,000. To access this amount you need to take and successfully repay the smaller amounts on time and gradually build your credit limit.
Interest rates are determined by a number of factors, including your repayment history with Branch and the cost of lending for us. The interest rate is a flat rate that does not amortize over the tenure of the loan. Standard SMS and data charges by your mobile carrier may apply.
There is operational work and expense that goes into processing your loan application and approving your loan. In order to continue offering great service, we have introduced processing fees to cover the operational costs of processing your loan application. The processing fee and GST is charged upfront prior to disbursement of the loan. This is a standard practice followed by all financial institutions.
Your loan offers are automatically determined by a number of factors. Even though it may not always increase immediately, it will increase over time as you continue to make your repayments on time.
Each loan amount is automatically determined by our systems each time you repay based on a number of factors. We encourage you to keep making your repayments on time to increase your loan amount.
Kindly navigate to the “Loans” option at the bottom of the Home screen, and then tap the blue “Make a Payment” button to conveniently make a repayment via netbanking, debit card, or UPI without bank charges.
If you have never activated netbanking on your account, please visit your nearest bank branch. You will have to fill out a simple form and it will get activated in a few days.
If you did not receive a debit card when you opened your bank account, please visit your nearest bank branch, and they will be able to assist with you getting a debit card.
If you have never used UPI before, download a UPI app (BHIM, PhonePe, Tez, etc.) onto your phone and create a virtual payments address (vpa) that is linked to your bank account. Once you have created your unique vpa, select payment via UPI in the Branch app, enter your vpa, and follow the instructions displayed on the screen to complete the payment.
If you want to repay the loan in one payment, we advise that you do it on your first repayment date to make sure that you are not late on any of your loan repayments. Kindly note that you cannot skip your first three repayments and pay the whole loan on the last due date as this will negatively affect your future loan amounts.
Depending on the loan amount you select, a monthly repayment option may be available. Tap “Select Loan Terms” to choose between weekly or monthly payments prior to requesting the loan.
To view your repayment information, tap on your loan balance on the Home screen or the “Loans” option at the bottom of the Home screen, then tap on “Repayment Schedule”. You will be able to see your installments, due dates and the amounts due on those dates.
Repayments can take up to 24 hours to reflect. If it has been 24 hours since you made your repayment and it hasn't reflected, kindly send us the transaction confirmation message you received when you repaid your loan. We will follow up and update your account.
To increase your loan offer amount, we strongly encourage you to repay your loan according to your “Repayment Schedule”, which can be found by tapping the “Loans” option at the bottom of the Home screen.
If you overpay your loan, the overpayment is credited to your account and used as part or full repayment, depending on the amount, on your next loan.
Auto-debit makes repaying your Branch loan easy! After requesting a loan, tap 'Set up Auto-Debit' and open a new window where you will enter your payment details. If successful, your payments will be debited automatically at each subsequent repayment date. You can also set up and manage your auto-debit preferences in the 'My Account' section of your Branch app by tapping 'Financial Accounts' and then selecting 'Auto-debit.' Kindly note that your bank may charge a fee for setting up auto-debit.
To exit your loan by exercising the cool-off period option, write to us through 'Customer Care' in the app within the cool-off period of 3 days from the date of disbursement. In this scenario, the processing fee and GST will be retained, and interest will be waived off.
Paying each installment by its due date is important to build your credit score and increase your loan limit. We are required by law to report late payments to CIBIL, which will affect your ability to get subsequent or larger loans. Conversely, if you repay your loans as on or before the scheduled dates, you will gain access to larger loan amounts over time. Please refer to the FAQ section on the app for the exact rate of late fee applicable on your loan.
Unfortunately, Branch cannot alter your repayment schedule after you've received a loan. If you are unable to repay the full amount due, we advise you to start making partial repayments as soon as possible.
CIBIL is a Credit Reference Bureau (CRB) that collects credit information on individuals and provides repayment performance data to banks, lenders, and other businesses. CRBs help promote financial inclusion and prevent overindebtedness.
Get your unique referral code here and share with as many friends as you’d like. After a friend downloads the app, make sure they enter your code on our “Promotions” page. Once they repay their first loan you will receive a bonus. Bonuses are automatically deducted from the amount of principal you owe on your next loan. Kindly note that your friends must enter the code on their promotions page before fully repaying their first loan or you won’t receive your bonus. By participating in the referral program you agree to the Branch Referral Program Terms and Conditions .
Please advise the person who invited you to Branch to send you their promotion code. Kindly copy the code and paste it in the “Promotions” page, which can be found by navigating to “My Account” on the top right corner of the Branch app. If you were not invited by anyone or you have already repaid your first Branch loan, the code will not be applicable.
Go here. From there, you can message the person you want to invite. Your friend should then be able to click the link in the message they receive to download the app.
Bonuses are automatically deducted from the amount of principal you owe on your next loan. Kindly note that your friends must enter the code on their Promotions page before fully repaying their first loan or you won’t receive your bonus.
You can check your balance here. Click on “Review your bonuses” to see your balance for credits received.
In order to receive the credit, kindly ensure that the person you invited registers your code on their account before they finish repaying their first loan.
- Money invested by you is diversified and lent to creditworthy borrowers with 100% repayment history.
- The interest earned on the loans is repaid to you at up to 13% p.a. return rate.
- There are three investment options available
- Earn up to 11% with 3 months of fund lock-in period
- Earn up to 12% with 6 months of fund lock-in period
- Earn up to 13% with 12 months of fund lock-in period
- Invested funds are held in an RBI regulated P2P NBFC escrow account and lent to creditworthy borrowers for short 3 to 6 month loans.
- Short duration loans are low risk loans since the borrower repayment capacity is less likely to change in such a short period.
- Invested funds are diversified across hundreds of borrowers which reduces the risk of not getting up to 13% returns.
- Branch is RBI-Licensed as an NBFC and has been a trusted brand in 4 countries across the globe.
- We are operational since 2015 and have disbursed and collected loans worth $950mn.
- Branch has its staff in Mumbai & Bangalore.
- Our app has 40 million+ downloads globally with 4.6/5 rating on Google Play
- We are invested in by partners like VISA, a16z and Khosla ventures.
- Branch Invest is available to only a limited number of investors and only available to high calibre investors.
- When you invest, your funds are deposited directly into an RBI-regulated escrow (3rd party) account, which is solely used for lending to borrowers; earning returns of up to 13%.
- Neither Branch nor our partner ‘Lendbox - (corporate name:- Transactree Technologies Private Limited)’ can utilize this money for any business-related purposes.
- At Branch, the borrowers who apply for a loan undergo a rigorous underwriting process that involves utilizing both our proprietary and third-party credit scoring mechanisms to assess their creditworthiness.
- Only the top 10% of borrowers who have demonstrated a history of making timely repayments are approved for loans
You will be paid interest up to 8% p.a. instead of the selected investment variant
On maturity, the amount (principal + interest) earned in Fixed Investments can be reinvested or transferred to your primary bank account. If you wish to withdraw funds from Fixed Investments on maturity, please change the “On maturity” preference to “Transfer to Bank” from ‘View Fixed’ section.
- Typically, you can expect to receive your withdrawals within 24 business hours.
- Withdrawals initiated before 4PM on a working day will be credited on the same day.
- Please note that processing times may be affected by banking holidays and working hours.
- You can withdraw your complete investments and returns whenever you like.
- There is no restriction on the amount that you can withdraw at once.
- However, a withdrawal penalty will be applied if the amount is withdrawn before the maturity date.
We only need the below information:
- Your PAN number
- Your Aadhar card or voter ID photos
- Basic personal information
- No, Branch Invest is 100% transparent to its users and we do not charge any fees or hidden charges.
- UPI
- Debit card
- Netbanking (Note: For transactions above Rs. 1,00,000/-, please use Netbanking)
- You will start earning interest from midnight of the next day.
- For example, if you invest on 1st January, you will start seeing 3rd January at 00:00 AM.
- Currently, there is no provision to earn interest on your interest.
- The principal amount that you invest will only be used to calculate your returns.
- Due to current RBI guidelines, you can only have up to Rs. 10,00,000/- in your portfolio.
- You can reach out to customer care if you wish to invest more.
- Tax will not be deducted at source, i.e., we will not deduct tax when you withdraw your money.
- Interest income earned is taxable as per your income’s tax slab
- P2P investing can give you much higher returns (double than that of an FD) in a safe and effortless manner.
- Branch along with our licensed P2P partner ‘Lendbox’ minimise the risk by doing a due diligence on our borrowers using strict KYC and background checks.
- However, with any P2P initiative there can be cases where the borrower does not repay the amount.
In the rare case of default, we will adjust the money and interest to some other borrower and try to keep your returns intact. Branch Invest will not earn any profit until you have got your principal amount back.
To edit your personal details, click on this link My Account, or tap on the person icon on the top right corner of your screen that takes you to “My Account”. Then tap “Profile” to update your personal information.
If you are having trouble validating your contact number, write to us through “Customer Care” in the app. We will resend the validation code to you.
As part of our KYC process, we require all customers to enter their PAN number into the Branch app. If you don't know your PAN number, please go to this website, enter in your personal details, and enter the OTP that is sent to your mobile. You will then be directed to a page that will show your PAN number.
A QR code is a machine-readable bar code that can store data. You can find it on the bottom right-hand corner of your Aadhaar card.
If you would like to delete your account, please make sure that you have repaid all of your loans and then write to us on the in-app chat or email us at india@branch.co with your request.
A UPI ID can be in the following format - abcd@bank (where 'abcd' can either be your first name, a part of your email address, or your mobile phone number, and 'bank' is the name/initials/shortened name of the bank providing services to the UPI app with some prefix or suffix added in some cases).
We use world-class data security and encryption techniques to protect the data you share with us. Branch never shares your information with third parties. We do not sell your data or credit profile.
Branch uses your ID to ensure your account belongs to you, and so that no one else can apply for a loan using your account. We understand that this is very sensitive information and take our customer privacy very seriously. If you have additional concerns, please contact the Branch customer service team.
Branch uses data from your phone, including handset details, SMS logs, call logs, and contact lists to make a lending decision. This data is a crucial part of our decision making process, and allows us to provide seamless and efficient financial services.
In your Android Phone, kindly go to Settings > Apps > Branch > Permissions and make sure that you have enabled Branch to access everything requested.
Please see the terms of use and policies here.
Please click here to read our Grievance Redressal Policy and click here to read our Fair Practices Code.