RapidRupee - Personal Loan

RapidRupee is here to simplify the process with its innovative and user-friendly personal loan app. Facilitated by the registered Non-Banking Financial Company (NBFC), Yuvaraj Finance Private Limited, RapidRupee provides instant personal loans to meet your financial requirements quickly and efficiently. Here's how RapidRupee can transform your borrowing experience:

Product Features

RapidRupee offers a range of loan products designed to cater to different financial needs:

• Loan Amounts: From ₹500 to ₹20,000 (available PAN India)
• Loan Tenure: 61 days to 365 days
• Maximum APR: Includes interest rate plus fees, up to 89.8%
• Interest Rate: Ranges from 12% to 36% per annum (1-3% per month)
• Processing Fee: Starts at just ₹99
• No Membership or Upfront Fees: The loan amount is paid out in full without any hidden charges.

Fast and Easy Loan Disbursal

RapidRupee ensures that your loan application is processed and disbursed quickly, providing you with the funds you need without complex procedures or paperwork. Apply for an instant loan and receive a direct cash transfer to your bank account upon approval.

Types of Instant Loans We Provide

Personal Loans for Salaried Professionals

Receive advance salary loans to cover small but urgent needs. The loan amount is transferred straight into your bank account, ensuring you have the funds when you need them most.

Small Personal Loans

Get quick personal loans online with minimal documentation and fast approval.

Cash Loan

Our cash loans can help you cover everything from monthly grocery bills to children's school fees and even outstanding bills that need to be cleared.

Loans for Self-Employed

We accept both self-employed professionals and salaried applicants, providing flexible loan options to meet your financial needs.

Eligibility Criteria

To qualify for an instant loan from RapidRupee, you need to meet the following criteria:

1. Indian Citizen: Must be a legal resident of India.
2. Age Requirement: Must be over 18 years old.
3. Income: Must be salaried or self-employed with a minimum income requirement.
4. Credit History: No negative information in the Credit Bureau.

Required Documents

To avail of an instant loan, you will need:

• Aadhaar: For identity verification.
• PAN: For financial verification.
• Selfie: For digital verification.

Representative Loan Example

Here’s an example to illustrate the cost of a RapidRupee instant personal loan:

• Loan Amount: ₹4,000 (principal)
• Tenure: 90 days (three installments in 30 days each)
• Interest Rate: 12% per annum
• One-Time Onboarding Fee: ₹599

Calculations:

• Interest Calculation: ₹4,000 * 12% * 90 / 365 = ₹118
• Total Cost of the Loan: ₹4,000 + ₹118 + ₹599 = ₹4,717
• Monthly Payment: ₹4,717 / 3 = ₹1,572

Why Choose RapidRupee?

RapidRupee stands out for its fast, efficient, and secure lending process. Here are some of the features that make our instant loan app the best choice:

Fast Application to Decision Journey

Experience a quick journey from loan application to decision, ensuring you get the funds without delay.

24/7 Availability

Our online loan app is available round-the-clock, allowing you to apply for a loan anytime, anywhere.

Minimal Documentation

Only Aadhaar, PAN card, and a selfie are required, making the process simple and hassle-free.

Nationwide Presence

RapidRupee serves customers across India, ensuring that you can access financial support no matter where you are.

How to Use RapidRupee Instant Personal Loan

1. Download the App: Install the RapidRupee instant loan app from the app store.
2. Fill in the Form: Complete the simple application form with your details.
3. Upload Documents: Submit the required documents for verification.
4. Wait for Decision: Await the loan decision (approval is not guaranteed for all applications).
5. Receive Funds: Upon approval, the loan amount is transferred to your bank account.

Flexible Use of RapidRupee Personal Loan

You can use our quick loans for a variety of purposes, including:

• Monthly Groceries: Cover your grocery bills with our salary advance loans.
• Rent Payments: Manage rent payments even if your next paycheck is still some way off.
• Paying Bills: Tackle mounting bills and end-of-month cash crunches with ease.
• Emergency Expenses: Address urgent financial needs swiftly and efficiently.