Frequently asked questions


Oroboro is a financial inclusion platform aiming to serve as your one stop shop for all things related to personal finance.

Oroboro is a platform set up by Transwarranty Finance Ltd(TFL), which is a full service investment bank headquartered in Mumbai. TFL has been a player in the financial services sector since the past 25 years and has earned a reputation of being a reliable and trustworthy partner.

Oroboro offers small ticket personal loans. As often the case with such loans, the requirement is on an immediate basis and Oroboro prides itself in its speed with our ability to do same day disbursals.

You need to be above 21 years of Age and have valid KYC documents. Your loan is then decided based on our ‘Oroboro Score’.

Maximum of 25,000


It is your Loan track record. Ensure that you repay on time to maintain a good credit score. A good credit score ensures you get a loan in the future as well when you require it.

Personal Loans can be availed for any reason except the below mentioned reasons: - Stock market, Betting, to repay off another loan.

If all your documents are in order, we can provide the loan on the same day.

Yes. Co-Borrower is compulsory and the same will be verified.

Yes. You can re-apply after a period of 6 months. In the meantime, you may seek to improve your Credit Score by doing your loan repayments on time.

Yes, provided you close/prepay your first loan. Also, repaying your instalments on time will help.

Yes. Provided you meet our eligibility criteria.

Yes. The same shall be communicated to you once the loan is approved and ready to be disbursed.


At the end of the loan application process you shall be provided with the option to upload your bank statements on the website. Please make sure it’s a .zip file in case multiple statements need to be attached.

NACH is short for ‘National Automated Clearing House’. Signing the NACH means you are giving Oroboro the authority to deduct the EMI amount from your bank account directly, without you needing to do any further paperwork or manual transaction.

We have 3 repayment dates per month. You have to choose your date before the disbursal and repayments should be done on the date chosen for each month during the loan tenure.


Yes. Non-repayment of EMI will lower your credit bureau score, ensuring you don’t get to avail loans in the future. Please repay on time.