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Rent / Deposit Loan · Mumbai

Up to ₹ 2 lakh · interest from 1% per month.

Rent & Deposit Loan in Mumbai.

Cover a rent gap or a new-home security deposit in Mumbai without the stress. A rent or deposit loan helps you cover a security deposit or bridge a rent gap when moving into a new home, repaid over a short, manageable tenure.

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Mumbai landmark illustration — Rent & Deposit Loan in Mumbai

Rent & Deposit Loan in Mumbai

Mumbai is India's financial capital and most densely populated metro, stretching from the trading floors of Nariman Point to the suburbs of Borivali and the IT parks of Powai. It is a high-cost city where everyday expenses move as fast as the local trains.

Moving home in Mumbai usually means a large security deposit due all at once. A LoanDidi rent and deposit loan covers that lump sum so a new place doesn't have to wait on your next few salaries.

Areas we serve in Mumbai

Borrowers apply from across the city — Andheri, Bandra, Borivali, Thane, Dadar, Powai, Goregaon, Mulund, Chembur, Malad, Kurla, and Navi Mumbai — and everywhere in between.

Nearby: Rent & Deposit Loan in Pune

How a rent & deposit loan helps in Mumbai

Consider a nurse in Mulund moving to a new home, where the landlord wants several months' rent as a security deposit up front. Given the high rents and long local-train commutes, living closer to work is worth it. A LoanDidi rent and deposit loan covers that lump sum so the move in Mumbai goes ahead.

Rent & Deposit Loan in Mumbai: frequently asked questions

Yes. It's a personal loan well-suited to one-time lump sums like a rental security deposit or a brokerage payment, up to your sanctioned amount.

Funds are disbursed to your bank account once the Lender approves, so you pay the landlord or broker directly.

In equal monthly instalments over a fixed tenure. The on-page calculator shows an indicative monthly amount before you apply.

No agreement is required to apply. Eligibility is based on your profile and the Lender's credit policy.

What you can use it for

A new-home security deposit

A month's rent gap

Brokerage charges

Moving and shifting costs

Setting up a new place

Key facts

Loan amount
Up to ₹2 lakh

Interest
From 1% per month

Processing fee
From 2% (one-time)

Age
18 years & above

Who can apply

Indian resident, aged 18 or above.

A steady source of income — salaried, self-employed, or gig.

A valid PAN and a bank account in your name.

First-time and thin-file borrowers are welcome.

Documents you'll need

PAN card (identity proof).

Aadhaar or another address proof.

Recent bank statement (often verified via Account Aggregator).

Income proof, where applicable.

Personal loan calculator

See exactly what you'll pay back.

No surprises. No fine print. Move the sliders and see your repayment plan.

Loan amount
₹10,000
₹5,000 ₹2,00,000
Interest rate (per month)
1.0%
1% 6%
Repayment tenure
90 days
61 days 180 days

How we calculate: Interest is calculated at a monthly rate applicable to the borrower's risk profile, pro-rated over the loan period and shown as equal monthly instalments, plus a one-time processing fee. This is an indicative estimate only — final tenure, rate and charges depend on your credit profile and our partner NBFC's policy.

Loan amount selected
₹10,000
Loan amount selected ₹10,000
Monthly instalment ₹0
Total interest ₹0
Total amount ₹0
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