DEPOSITSAVERDEPOSITSAVER

Helium Deposit Saver reduces your upfront deposit based on your creditworthiness. For example, if a home requires a 5-month security deposit and you're eligible for 1 month upfront, you pay only that amount at move-in. The remaining 4 months are paid to Helium through a RBI-registered NBFC partner via a zero-cost, zero-EMI loan in your name.

Unlike regular loans (which require monthly repayment of principal + interest) or no-cost EMIs (where you still repay principal every month), Deposit Saver has no monthly payments at all. Monthly interest cost is borne by Helium and the principal is re-paid in full by returning the deposit in one lump sum payment, when you move out.

You don't pay anything during your stay because the interest cost is completely borne by Helium, and the entire principal is repaid through one lump sum payment when you vacate the house. Further, there are no processing fees, no hidden charges, no GST, and no foreclosure penalties.

In most developed countries, renters typically pay just one month's deposit, because creditworthy renters should not be punished for the behaviour of a few. In India, however, owners often ask for 4–6 months of deposit due to limited safeguards to recover costs if something goes wrong. We believe renters with strong credit profiles have already demonstrated their ability to pay rent on time and take care of their homes. Helium is willing to take this risk on their behalf, while ensuring owners continue to receive full protection.

No, it's completely optional. You can choose to pay the full deposit upfront just like any regular rental, or use Deposit Saver to reduce your upfront amount. It is simply an extra benefit for renters who prefer keeping their cash free instead of locking it away for the time you rent.

The New Rent Rules 2025 refer to an update to the Model Tenancy Act, 2021, which is a recommendation by the central government. For it to be legally enforceable, each state must adopt or amend its own rental laws. As of today, Karnataka is yet to adopt these provisions, therefore homeowners continue to charge the same deposits as before.