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ZipLoan is an NBFC(registered with the Reserve Bank of India) that provides working capital loans of INR 1 – 5 Lac for a period of 1-2 years. Repayment on these loans is through EMIs, which get directly debited from the borrower’s bank account on a fixed date each month. ZipLoan values the relationship with its customers and allows prepayment of the loan without any penalty charges.