Urja Money Private Limited incorporated under Indian laws having its registered office at Ground Floor, Khatau Building, 8 Alkesh Dinesh Mody Marg, Fort, Mumbai - 400 001 (hereinafter referred to as "Urja Money") is a financial technology company that operates the website accessible from the URL www.creditmate.in (the 'website' or 'CreditMate').
Urja Money provides services to various banking & financial services companies and Non-banking Financial Companies (NBFC) such as Optimus Finance Limited and KJMC Financial Services Limited (collectively referred to as 'Lending Partners') as a 'Servicer'. Urja Money has developed technology for evaluating credit worthiness using customer data collected through loan application and other credit verification documents of the customer. Urja Money provides these services to its Lending Partners through CreditMate.Products
Lending Partners provide loans for buying used or new two-wheelers or to get a loan against an owned two-wheeler. The loans on used two-wheelers are provided on purchase of bikes at CreditMate authorized dealers at risk-weighted and product-specific interest rates and fees. Loan against Bike is offered at select dealers at risk-weighted and product-specific interest rates and fees.