Sub-K Pay is an EMI-based financing solution offered by registered non-bank financial companies (NBFCs) or banks. It is an online service and a mobile application where a user can repay existing loans of up to Rs.50,000 in two years.

This solution was created with the objective of providing better facilities to users who need to repay their loans. This service offers various products and services that are currently being offered. These products include:

Loans from different banks, ranging from Rs.18,000 to Rs.50,000

Interest rates, ranging from 25.5% to 26%

Tenure, ranging from 18 months to 24 months

Processing fees, ranging from 1% to 5% (depending on the amount of the loan)

The EMI repayment can be made through various payment options, including bank transfer, credit card, debit card, UPI, and net banking.