My Rupee is a mobile financial platform designed to provide users with safe and convenient loan services. With its simple, convenient, and flexible approach, My Rupee eliminates the tedious process typically associated with loan applications.

Eligibility Criteria

To qualify for a loan through My Rupee, you must meet the following criteria:

1. Indian Citizen: Applicants must be citizens of India.
2. Age: Must be between 18 and 55 years old.
3. Stable Income: Applicants should have a stable source of income.

Key Features of My Rupee

Loan Amounts and Terms

• Loan Amount: Users can apply for loans ranging from ₹2,000 to ₹200,000.
• Tenure: The loan term ranges from a minimum of 91 days to a maximum of 365 days.
• Maximum Annual Percentage Rate (APR): The interest rate is 0.08% per day, which is equivalent to 29.2% per annum.
• Processing Fee: Up to 5% of the loan amount (plus an additional 18% GST on the processing fee).

Example Loan Calculation

To give you a clearer understanding, here’s an example:

Loan Amount: ₹10,000 Tenure: 91 days Applicable Fees: ₹10,000 * 5% = ₹500 GST: ₹500 * 18% = ₹90 Interest Payable: ₹10,000 * 29.2% / 365 days * 91 days = ₹728 Total Cost of the Loan: ₹500 (processing fee) + ₹90 (GST) + ₹728 (interest) = ₹1,318 Total Repayment Amount (91 days): ₹10,000 + ₹1,318 = ₹11,318

Flexible and Customized Services

My Rupee offers a range of flexible and customized services to meet the diverse needs of its users:

1. Easy to Borrow: The application threshold is low. Simply register with your mobile phone number, fill in the basic information, and apply for a loan.
2. Flexible Quotas: A variety of loan products are designed to meet the borrowing needs of different customers.
3. Repayment by Installments: The platform offers simple borrowing and even simpler repayment options, with multiple repayment methods and no pressure on monthly repayments.

Advantages of My Rupee

1. Fair Interest Rate: Competitive and transparent interest rates.
2. Simple Process: Streamlined application and approval process.
3. Easily Approved: High approval rates for eligible applicants.
4. No Processing Fees: Attractive terms with no hidden processing fees.

Security and Privacy

Security is a top priority for My Rupee. All transactions are secured via 256-bit SSL encryption to protect your data. All data transfers occur over secured connections, and your personal information is never shared with third parties without your explicit consent. Your data is entirely safe with My Rupee.

My Rupee offers a reliable and user-friendly platform for accessing personal loans. With flexible loan amounts, competitive interest rates, and a commitment to data security, My Rupee stands out as a trusted option for managing your financial needs. Whether you need funds for an emergency, a significant purchase, or to manage your cash flow, My Rupee provides a seamless and dependable solution. Download the My Rupee app today and experience the convenience of instant borrowing at your fingertips. With My Rupee, managing your finances has never been easier.