TransUnion CIBIL Limited, formerly known as Credit Information Bureau (India) Limited is India's first Credit Information Company (CIC) which was founded in August 2000.
HAPPY LOANS IS EQUAL TO INSTANT HAPPINESS
Everyone is in pursuit of happyness. But if you look closely, it doesn’t take much to be happy. We disburse loans within 5 minutes. Loans that require minimal documents. And are 100% paperless. The system makes this possible through its unmatched live data exchange & real-time machine learning about the merchants. We have partnered with more than 17 partners in India giving us access to more than 5 million retail entrepreneurs.
Our Artificial intelligence processes hundreds of variables to assess the creditworthiness of a customer and our end-to-end digital experience allows live loan offers. The repayment behaviour is a highly weighted variable fed in the system on a real time.
Because, happyness starts with you. When you want to stock up supplies, HAPPY is the season. And when you want to invest, HAPPY is the opportunity.
When it comes to untouched market segments, Payworld has built a formidable reputation. With over 1 lakh active retail touch-points across 630 cities and 23 states, our partnership with Payworld is bound to go distance. For it empowers us to provide digital payments for millions of unbanked villagers across India.
A leader driven by technology and innovation. Today, MSwipe has over 2.6 lakh merchants which makes it one of India’s largest merchant acquirer to enable digital payments through POS devices. With this partnership, our focus is to help retail businesses deal with their ever-changing fund requirements more easily.
A pioneer in the remittance space, EKO has thousands of distributors and retailers to enable DMT across India. Since the stock in this business is money itself, our association with EKO will directly enable more sales for the merchants.
One of the few service providers in India who has enabled mobile payments for the last leg i.e. auto rides. With Ongo, we plan to support cash needs of these merchants at every point in their life.
Storeking has played an instrumental role to bridge the gap between big ecommerce & payment companies and the people of rural India. And they have done it by solving last mile for 850 million Indians with an aim to digitalise rural India. This association will help us empower rural Indians to be independent and self-reliant.
Passionate about technology & innovation? Passionate about bringing a change in small & medium enterprises? Passionate about spreading happyness in people’s lives?
Get in touch with [email protected]
Founder & CEO
An entrepreneur, an investor, a banker, an advisor, a movie buff and a heavyweight in the world of banking & finance; Manish is relentless when it comes to bridging the gap between big banks and the financial needs of the masses. Multiple innovation award winner, also Young Global Leader by the World Economic Forum, he is known for his entrepreneurship zeal & innovation at scale –Manish’s impact work has reached millions of Indian customers including at ICICI Bank, Fino Paytech Bank, Airtel Payments Bank and now ‘HAPPY’. HAPPY is a new age digital Fintech serving the requirements of micro-entrepreneurs and customers. India’s fastest growing Fintech and market leader in the segment
Founder & Head - Product
A serial entrepreneur, an aspiring pianist and a cryptocurrency dabbler; Gautam Ivatury is a recognised pioneer with decades of experience in digital finance. He has headed the World Bank’s digital finance program which is backed by Gates Foundation. Gautam has played an instrumental role in the world of mobile banking and has started, advised and funded mobile ventures and Fortune 500 players globally with an aim to create a new-age, fairer way of banking that will make people’s lives simpler and happyer.
A regional head of International Finance Corporation, Anil Sinha has over 25 years of experience in banking and finance. He was not only the chairman, Strategic Advisory Board of Millennium Alliance, but also an Advisor for the Global Impact Investors Network.
M V Nair
M.V.Nair is a Chairman of India’s largest credit bureau - CIBIL, Chairman of SWIFT India, Chairman of top 3 training solutions provider for banks and financial services organizations in India. Previously a banker, Nair was one of the longest serving chairman in the history of Indian banking, having served as chairman and managing director of Union Bank of India for six years and Dena Bank for one year.
The Micro, Small and Medium Enterprises (MSME) sector is one of the most prolific parts of the Indian economy. Clocking in a growth of 10 % per year, this enterprising segment employs over 100 million people and contributes almost 45% to the country’s GDP. However, the credit inflow into what is called the ‘engine of growth’ of the Indian economy, is surprisingly low. In fact, in 2017, the credit gap in the MSME sector was estimated at an unsettling US$230 billion.
All you need
to be happy
What is the rate of interest?
We only levy 2% interest for every 30 days. Because we truly believe, there’s nothing more expensive than a missed opportunity.
How do i check my loan eligibility?
Happyness can’t be measured. But to know your eligibility, just apply for a HAPPY loan and we will inform you about the amount you are eligible for.
How will I know that my loan account is closed?
You can login into your account on the HAPPY Loans app. We will also send you a SMS/Email on your mobile number/registered email id.
Can i get a higher loan amount?
Yes, of course. The eligibility of your loan depends on your repayment pattern. The better record you have, the higher amount of loan you are eligible for. Happyness does come back.
I paid more than the what is showing here, why?
Please login to HAPPY Loans app to view details of every transaction under the ‘history’ tab. Incase of any discrepency, please write to us at [email protected]
Can I pay sooner than my loan tenure?
Yes, you can repay your loan. Our bank details for the same are:
A/c Number:502 000 2 342 1536
Bank- HDFC, Branch-Lower Parel.
How do I track my loan?
It’s easy to track happyness. Just login into HAPPY Loans App and you can check the status of all your transactions, due date and balance amount.
If I repay early or in-time, will I get any additional incentive?
Yes, we not only update your repayment pattern in our records but also notify the credit bureau. This not only helps you build your credit score but also keeps you ready for a bigger opportunity.
For any further queries, write to us at [email protected]
What if I need the loan for longer than 90 days? Can you extend the duration?
Everyone wants to stay happy longer. You can extend the loan tenure for another 90 days at an interest rate of 2% per month. The interest rate need to be paid every 30 days.
Can I take more than one loan at a time?
You can take just one loan at a time from Happy.
What if I am not able to repay the loan?
If you cannot repay the loan within 90 days, start with slow repayment and extend your tenure for another 30 days at 2% per month. We believe our customers are responsible borrowers and so we have flexible loan tenure.
Do I have to pay extra charges for early repayment?
Every business has its ups and downs. And we understand that. There are no extra charges for early repayments.