PayRupik Loan App for Instant Personal Loan 2024

2.7.5
PayRupik is an online instant personal loan platform trusted by over 5 million users, provides you instant credit in minutes.
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DeveloperSayyam Investments Pvt Ltd
Updated23 Jun 2024
Size33 MB
Version2.7.5
Requirements5.0
Downloads5,000,000+
Get it on Google Play

What's new

Product process optimization

Description

PayRupik Loan App is an online instant personal loan platform trusted by over 5 million users, provides you instant credit in minutes.
It is a loan product of Sayyam Investments Pvt Ltd which is a registered NBFC under RBI. You can avail loan amount ranging up to ₹20,000, process is fast, easy and safe.

PayRupik Loan App for Instant Personal Loan 2024

PayRupik Loan App for Instant Personal Loan 2024

If you are looking for a friend who can easily borrow money without making excuses, PayRupik loan App is your best friend.

Production:

Loan Amount: from ₹1000 to ₹20000
Minimum Loan Tenure: 91 days
Maximum Loan Tenure: 365 days
Maximum Annual Percentage Rate (APR): 35% per annum
Processing Fee: from ₹80 to ₹2000 depend on the loan tenure and amount
GST: 18% on the processing fee in accordance with the law and policy of India

The representative example:

For the loan amount is ₹6000 and the interest rate is 25% per annum and the tenure is 120 days, then the interest payable is calculated as follows:
Interest = ₹6000 x 25% / 365 x 120 = ₹493
Processing Fee = ₹100
GST = ₹100 x 18% = ₹18
The total repayment amount in 120 days shall be ₹6000 + ₹493 + ₹100 + ₹18 = ₹6611
APR = (₹6611 – ₹6000) / ₹6000 / 120 x 365 = 30.97%

Why choose PayRupik?

✔ Transparency: PayRupik loan app is an online loan product from RBI-certified NBFC which is guaranteed to be transparent.
✔ Instant Personal Loan: Loan amounts are disbursed directly into your account within 15 minutes. As the process is 100% online, you can get funds anytime, anywhere.
✔ Efficient: We process your instant loan application instantly in a fast way. No paperwork and no problems as we prioritize your needs.
✔ Security: Your data is safe with us. It is transferred over a secure HTTPS connection to the server, and we do not share it with anyone without your consent except the Lenders.

What should you do first?

1. Download and install the PayRupik loan App.
2. Create an account.
3. Upload your KYC documents, which includes your ID, address proof, and PAN card.

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Eligibility:

You must be an Indian national.
You must be over the age of 18.
You must have a steady source of income on a monthly basis.

Minimal household income eligibility:

Annual household income is above Rs. 3,00,000/- (Three lacs) by all sources and means.
The term ‘household’ shall mean an individual family unit, i.e. husband, wife and their unmarried children who are above the age of 18 years.

Contact us if you have any questions:

service@payrupikloan.in or 0224-8930118
Agyathuri, Chamajali, Amingaon Guwahati Kamrup, Assam 781031

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