Because Bitbond uses bitcoin technology, the huge overheads and costs associated with the banking system are sidestepped. This results in lower interest rates than with many other loans in India available today.
Specifically, interest rates start at 2% per month, which should be considered attractive on an unsecured loan. Furthermore, loan terms range from 3 months to 12 months, giving you the ultimate control over your cash-flow and repayments. Bitbond provides you with a handy repayment schedule which allows you to plan ahead and gives you more control than you would have with other loans in India.
Finally, because of the exchange rate pegged loans Bitbond uses, you are supported by the security of the dollar, while enjoying the speed and internationality of bitcoin. What this means in practice, is that you can choose to have your loan denominated in dollars, while still using the bitcoin payment network.