Quikkred
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⚠️ IMPORTANT: Only make loan repayments through our official website Quikkred.com or Quikkred mobile app. Never share OTP or passwords.
Quikkred
Loading your experience...
⚠️ IMPORTANT: Only make loan repayments through our official website Quikkred.com or Quikkred mobile app. Never share OTP or passwords.
Deploy capital into Satsai Finlease Private Limited — our RBI-registered NBFC partner — and originate loans to your end customers through Fluxusforge, the same production lending stack that runs Quikkred. A B2B2C partnership structure engineered for Private Limited companies that want the economics of a lending business without the regulatory overhead of setting up an NBFC.
Quikkred runs on this exact stack today. In a partnership, you occupy the brand + LSP slot; the rest stays.
A non-RE cannot lend directly in India. So your funds route into Satsai as debt or NCDs — a regulatory-sound instrument — and come back as contractual coupon plus profit share.
Via NCD subscription, term debt facility, or inter-corporate deposit. All legal, all SEBI/Companies-Act compliant.
Against your ring-fenced facility, on Satsai's balance sheet, through Fluxusforge tech and ops — BRE, KYC, KFS, disbursal.
EMI + interest land in a Satsai account ring-fenced to your book. Fund-flow never touches your account — RBI mandate.
Cover origination costs, absorb first-loss via FLDG, pay you fixed coupon, retain NBFC spread + ops fee, distribute residual back to you.
A fixed NCD coupon / debt interest (contractual, pari-passu) and a variable profit share on the residual portfolio yield.
Exact rate card — fixed coupon, profit-share %, FLDG posture, NBFC spread and ops fee — is locked in the commercial stage. Commercials are governed by the Master Services Agreement and the track-specific Financial Schedule (NCD Subscription Agreement or Debt Facility Agreement).
RBI's Co-Lending Arrangements (CLA) Directions, 2025 — effective 1 January 2026 — apply only between two Regulated Entities, so they govern Track 3 (NBFC / Bank / HFC partners). For Private Limited companies that are not REs, Tracks 1, 2 and 4 operate under the RBI (Digital Lending) Directions, 2025 dated 8 May 2025 — which consolidates the earlier 2022 DL Guidelines and 2023 DLG Circular. Mislabelling any of this as "co-lending" is a regulatory misrepresentation we will not sign on.
Every applicant is triaged into one track during eligibility pre-check. The flagship track for Private Limited companies is T2 — Capital Partner.
Your brand, your customers, your capital. Our NBFC, our tech, our ops.
Bring the customer; we bring the balance sheet.
RE-to-RE co-lending under RBI's Master Direction.
Seasoned-portfolio purchase under RBI's 2021 Transfer of Loan Exposures direction.
Under any track, you can deploy a network of proprietor sub-agents — neighbourhood retail outlets, local market aggregators, transport-hub operators — who source loans to micro-enterprise owners, informal-sector self-employed and small traders. Funds flow through Satsai's dynamic QR at the counter; proprietors never touch rupees.
PROP-0007-LOAN-ABC.Proprietor Services Agreement is signed by Satsai + Primary LSP + Proprietor. No hidden sub-LSP chain — Satsai is a named regulatory party to every proprietor.
Cashflow-matched schedules built in — daily for auto-drivers, weekly for vendors. Dramatically improves repayment rates in the segment.
Key Fact Statement generated in 13 Indian languages. Audio-recorded consent at origination as defensive evidence.
Every proprietor physically verified by a gig field agent before go-live. Geo-tagged shop photo + utility bill + 2 references.
Vernacular UI, offline-tolerant, masked borrower PII, rotating QR token, counter-poster PDF generator.
Any Indian Private Limited company with verifiable traction, clean ownership and a real use-case can apply. Here's where it fits most naturally.
Checkout finance on your own storefront. Your brand, your customer, your capital — our NBFC, our tech.
Salary advance to your enterprise customers' employees, branded entirely as yours.
Add a short-term personal loan module without building NBFC infra or an ops team.
Owner personal loans for sellers — underwritten and serviced end-to-end on our stack.
Purchase finance for electronics, two-wheelers, healthcare, education — your brand, our rails.
Deploy surplus capital as a productive lending book without setting up an NBFC yourself.
EDD is deliberately thorough. Every stage has a stated SLA and a named owner on our side.
Tell us about your company, use-case, capital intent, and expected volumes.
We auto-pull MCA, GST, director history, sanctions and RE-registration status. Your track (T1–T4) is assigned here.
Entity KYC, UBO video KYC, 2-year financials, CERT-In VAPT, DPDP attestation, track-specific extras (capital-source for T2; RE licence for T3/T4), risk committee review.
Rate card, FLDG deed, NCD Subscription Agreement (T2), Co-Lending Agreement (T3) or Pool Assignment (T4), MSA + DPA — executed via Aadhaar eSign.
Test API keys, pilot disbursals, graduated production access and ring-fenced facility opened.
Every instrument, document and control below is referenced in the Master Services Agreement and track-specific Financial Schedule. Partners are audited against this checklist at onboarding and quarterly thereafter.
RBI DoR.AML.REC.24/14.10.001/2025-26 · 8 May 2025
Consolidates the 2022 Digital Lending Guidelines and 2023 DLG Circular. Direct RE ↔ borrower fund flow (Satsai's account — LSP pass-through prohibited except delinquent recovery). 1-day cooling-off. LSP fees paid by Satsai, not deducted from borrower. Mandatory DLA registration on RBI CIMS portal.
DLD 2025, Ch. Multi-Lender Platforms · effective 1 Nov 2025
Any DLA showing offers from more than one Regulated Entity must display neutral, consented offer-matching, per-offer KFS links and a board-approved methodology. Triggered if a partner DLA shows any non-Satsai offer.
DLD 2025 DLG mechanics + RBI notification · Feb 2026
DLG from partner to Satsai capped at 5% of outstanding portfolio, backed by cash / bank guarantee / lien-marked FD. ECL-linked invocation restored Feb 2026. NPA recognition stays with Satsai. Synthetic guarantees prohibited.
RBI CLA Directions · effective 1 Jan 2026
Replaces CLM / CLM+. Governs Track 3 (Regulated Entities only). Minimum 10% funding share (reduced from 20% under PSL CLM). Direct A2A, joint branding, joint grievance. CLM-2 cherry-pick structures discontinued.
RBI Master Direction · 24 Sept 2021
Governs Track 4 (Portfolio Partner). Satsai seasons loans for 6 months (MHP) and retains at least 10% (MRR) before any pool assignment to eligible financial transferees.
RBI Master Direction · 2017, updated 2023
Satsai retains credit sanction, KYC, compliance and internal audit as core management functions. Fluxusforge operates under a written outsourcing contract with right-to-audit and exit plan.
RBI · updated 2024
EDD for legal entities: CoI, PAN, MoA/AoA, authorised signatories, beneficial owners at ≥ 10% (stricter than the 25% floor), video KYC of signatories and UBOs.
RBI SBR Directions 2023 + Feb 2026 amendments
Satsai is registered in the Base Layer (NBFC-BL). Partnership activities do not change layer classification. Prudential, governance and disclosure norms applicable to BL flow through to every arrangement.
DPDP Act 2023 · DPDP Rules notified 13 Nov 2025 (phased)
Satsai = Data Fiduciary (likely Significant DF). Consent Manager rules live Nov 2026; DPIA, annual audit, significant-risk mitigation live May 2027. Partner = Data Processor. 72-hour breach SLA, DPO appointed.
SEBI (NCS) Regulations 2021 · RBI Master Direction on CP & NCDs 2024
Governs Track 2 NCD issuance by Satsai. Debenture trustee triggers at ≥ ₹100 Cr aggregate or on listing. Disclosures, trust deed, listing compliance per current code.
FACE recognised as SRO-FT · 29 Aug 2024
Membership of the RBI-recognised Self-Regulatory Organisation for fintechs is optional but materially de-risks enforcement posture. All partners are encouraged to enrol.
RBI ECB Framework notification · 16 Feb 2026
Relevant for Track 2 partners with foreign-source capital. External Commercial Borrowing cap raised to USD 1 billion or 300% of Satsai's net worth, whichever is higher; eligible resident-outside-India lenders widened.
RBI-NBFC FPC (2007, as amended)
Loan appraisal, interest rate governance, recovery conduct and grievance escalation apply end-to-end. Partner adopts and attests to Satsai's FPC.
Credit Information Companies (Regulation) Act, 2005
All credit bureau reporting is done by Satsai only. Partners cannot report, upload or access bureau data directly.
Eight buckets. Six common, two track-specific. Prepare in advance and you'll move fast.
Screening runs by us automatically — OFAC / UN / MHA sanctions, PEP, adverse media, MCA litigation, NCLT / IBBI defaulter, RBI wilful-defaulter, SEBI / ED / SFIO debarment, CKYC. No uploads required for those.
| Responsibility | Satsai (NBFC) | Fluxusforge (LSP tech) | Partner |
|---|---|---|---|
| RBI NBFC licence | Holds | — | — |
| Balance sheet | 100% (T1/T2); proportional (T3) | — | Post-assignment (T4) |
| Credit policy & BRE | Owns | Runs daily | Cannot override; can add stricter |
| Underwriting decision | Owns — non-overridable | Executes | Cannot override |
| Disbursal rails | From Satsai account | Orchestrates | Cannot touch funds |
| Repayment rails | To Satsai account | Orchestrates | Cannot touch funds |
| Key Fact Statement | Named lender on KFS | Generates | Displays prominently |
| CIC reporting | Does | Executes | Prohibited |
| Customer acquisition | — | — | Primary |
| Brand on DLA | Disclosed as lender | Disclosed as tech provider | Primary brand |
| First-level grievance | — | Routes | Owns — GRO on DLA |
| Nodal Officer / Ombudsman | Owns | — | Displays + escalates |
| Collections (tele + field + legal) | Owns | Operates | Brand + access only |
| FLDG posted | Receives | Custodies ledger | Posts (5% cap) |
| Capital (T2 NCD / debt) | Obligor / issuer | — | Investor |
| Revenue share | NBFC spread | Ops fee | Coupon + profit share |
Application creation, KYC, PAN + Aadhaar + bank verification, bureau pull, BRE decisioning, KFS generation, eSign.
Disbursal, repayment schedule, part payment, payment links, eNACH, DPD tracking, settlement — all on Satsai's rails.
Ring-fenced drawdown ledger, NCD coupon statements, FLDG utilisation, waterfall visibility, monthly MIS for your board.
Real-time disbursals, portfolio performance, collection health, bureau status, complaints MIS.
Full-fidelity test stack with mock bureau, mock bank rails, demo OTP for end-to-end rehearsal.
Pre-built KFS template with Satsai as named lender, grievance flow, consent stack, DPDP notices, FPC adoption pack.
Tele, field and legal collections run end-to-end by our team with AI-assisted call scoring, DPD-based queueing, settlement workflows.
Named BD + risk + finance owners; quarterly business reviews; access to the portfolio committee.
Contractual run-off plan preserves borrower experience and releases your FLDG as loans close.
Anything not covered here will be addressed in the eligibility call.
Satsai Finlease Private Limited — an RBI-registered NBFC (Registration B-14.01646). Satsai is the lender of record on every Key Fact Statement, loan agreement and credit bureau entry. Your brand sits on the app; our NBFC sits on the balance sheet.
You don't lend directly — a non-RE cannot. Instead, you deploy capital into Satsai either by subscribing Satsai's NCDs (Non-Convertible Debentures) or by extending a term debt / inter-corporate deposit facility. Satsai ring-fences that capital for your book, originates loans against it using our tech, collects EMIs into a ring-fenced account, and pays you back a contractual coupon plus a negotiated profit share from the residual yield.
Only if you are yourself an NBFC / Bank / HFC (our Track 3). RBI's Co-Lending Arrangements (CLA) Directions, 2025 — effective 1 January 2026 — is strictly RE-to-RE. For Private Limited companies that are not Regulated Entities, this is a Digital Lending Partnership under the RBI (Digital Lending) Directions, 2025 dated 8 May 2025 — structurally different, fully compliant, and does not require partner registration with RBI.
Yes. Since the RBI (Digital Lending) Directions, 2025, every Digital Lending App under which loans are originated must be registered on RBI's CIMS portal. We handle the registration as part of your go-live; your DLA is listed under Satsai Finlease as the Regulated Entity, with your LSP entity named alongside. Operating an unregistered DLA is a hard regulatory breach.
From 1 November 2025, any multi-lender DLA is bound by the Multi-Lender Platform chapter of the 2025 Directions: neutral, consented offer-matching, a board-approved methodology, and a Key Fact Statement link for every offer. We help draft this and execute a Multi-Lender Platform Addendum if your DLA falls in scope.
Upside: a fixed NCD coupon / debt interest (contractual) plus a variable profit-share on the residual portfolio yield after costs. Risk: you bear first-loss via FLDG capped at 5% of outstanding (RBI-regulated). Beyond that cap, write-offs sit with Satsai. You also carry credit exposure on Satsai itself as an NCD holder — pari-passu with our other senior creditors unless specifically secured.
Fluxusforge — our LSP operating layer — runs all of it end-to-end: BRE, KYC, KFS generation, disbursal orchestration, payment links, eNACH, DPD tracking, telephony, field collections, legal. Your ops team does not need to build any of this. You can layer stricter rules on top of Satsai's credit policy, but you cannot loosen them.
Brand-wise, yes — your app, your logos, your UX. Two mandatory disclosures per RBI: Satsai Finlease Private Limited must be named as lender on the KFS and loan agreement; and the LSP role (your entity + Fluxusforge as tech provider) must be disclosed on the DLA. Everything else is negotiable.
T1 Sourcing: 28–42 working days. T2 Capital: 45–75 working days (NCD listing adds time). T3 Co-Lending and T4 Portfolio: 60–120 working days (RBI intimation, pool prep, inter-RE agreements). Anyone promising faster is either skipping compliance or misrepresenting the process.
Drawdown utilisation is tracked live; you get alerts at 80% and an automated pause at 100% — no new originations until you top up the facility. Existing loans continue to service; borrowers are unaffected.
Exit clause runs the book into run-off: no new disbursals, Fluxusforge services existing loans to maturity, FLDG releases per an agreed schedule as loans close, and your capital is repaid per the NCD / debt terms. Borrower experience is fully insulated from your exit.
No. Disbursals move from Satsai's account directly to the borrower's bank account. Repayments move directly from the borrower's bank account back to Satsai's account. The RBI (Digital Lending) Directions, 2025 prohibit LSP-intermediated fund flow except narrowly for delinquent-recovery scenarios — and LSP fees are paid by Satsai, not deducted from the borrower. This is a firm, non-negotiable line.
One working day — reduced from three under the 2025 Directions. Every partner DLA must implement a compliant cancellation flow that reverses the disbursal and any processing fee end-to-end.
Rules were notified on 13 November 2025 with phased effectivity. Consent Manager obligations are live from November 2026; DPIA, annual audit and significant-risk-mitigation obligations for Significant Data Fiduciaries are live from May 2027. Satsai is a prospective SDF. Partner DLAs plug into our DPIA programme and carry an SDF-readiness annex in the Data Processing Agreement.
First-level: your Grievance Redressal Officer (name + email + phone published on the DLA). If unresolved in 15 days, auto-escalation to Satsai's Nodal Officer. Final escalation: RBI Integrated Ombudsman (cms.rbi.org.in). All three must be visible on the DLA.
Related-party disclosure is mandatory at onboarding. The Risk Committee determines whether the arrangement can proceed and on what additional arm's-length controls. Undisclosed overlaps are cause for pre-notice termination.
Apply in under two minutes. If you clear the auto eligibility pre-check we assign your track, open the EDD portal, and a named BD owner reaches out within one working day.
Loans originated on the Quikkred platform are lent by Satsai Finlease Private Limited (RBI Reg. B-14.01646). Fluxusforge operates the Lending Service Provider (LSP) tech and servicing stack. Nothing on this page constitutes a binding offer to lend or partner. Onboarding is subject to successful EDD, risk committee approval and execution of the Master Services Agreement, Data Processing Agreement, Default Loss Guarantee Deed and — for Track 2 — the NCD Subscription / Debt Facility Agreement. Grievances: Grievance Redressal Policy · Nodal Officer. Final escalation: RBI Integrated Ombudsman (cms.rbi.org.in).