Smart Rupee - Security Credit Loan

Smart Rupee is a leading online loan application and credit platform catering to professionals across India. It provides a hassle-free process for obtaining loans ranging from ₹1,000 to ₹200,000, making it easier for users to access quick cash through their mobile phones. This innovative platform is designed to facilitate loan transactions between borrowers and Non-Banking Financial Companies (NBFCs) or banks, ensuring a smooth and secure borrowing experience.

Loan Amount and Interest Rates:

• Loan Amount: ₹1,000 to ₹200,000
• Interest Rates: 0% to 29.95% per annum
• Tenure: 91 days to 15 months

Loan Types Offered by Smart Rupee

1. Standard Online Loan:
   • Amount: ₹1,000 to ₹50,000
   • Tenure: 91 days to 6 months
   • Requirements: PAN Card & Address Proof
2. Extended Online Loan:
   • Amount: ₹10,000 to ₹200,000
   • Tenure: 3 to 15 months
   • Requirements: PAN Card, Address Proof, and Salary Proof

Example for Salaried Individuals:

• Loan Amount: ₹50,000
• Tenure: 12 months
• Interest Rate: 20% per annum
• Processing Fee: ₹1,250 (2.5%)
• New Customer Onboarding Fee: ₹200
• GST on Fees: ₹261
• Total Interest: ₹5,581
• EMI: ₹4,632
• APR: 23.2%
• Disbursed Amount: ₹48,289
• Total Repayment Amount: ₹55,581

Other Example:

• Loan Amount: ₹10,000
• Tenure: 3 months
• Interest Rate: 27% per annum
• Processing Fee: ₹500 (5%)
• GST on Fees: ₹90
• Total Interest: ₹453
• EMI: ₹3,484
• APR: 34%
• Disbursed Amount: ₹9,410
• Total Repayment Amount: ₹10,453

Key Features of Smart Rupee:

1. 100% Online Process: The entire loan application process is conducted online, providing convenience and speed.
2. Fund Safety: Your funds are protected by advanced server security, ensuring your money is safe.
3. Bank Transfer: Loan amounts are transferred directly to your bank account, providing quick access to funds.

Eligibility Criteria:

• Must be an Indian resident.
• Must be above the age of 18 years.
• Must have a monthly source of income.

How to Get Started:

1. Install Smart Rupee App: Download and install the app from your preferred app store.
2. Create Your Account: Register and create your account within the app.
3. Fill Basic Details: Provide your basic information to check initial eligibility.
4. Upload KYC Documents: Submit your ID, Address Proof, and PAN card for verification.
5. Avail Loan: Choose to receive the loan as a bank transfer or E-voucher based on your preference.

Fees & Charges:

• Interest Rates: 0% - 29.95%, with an equivalent monthly interest rate of 0% - 2.49%.
• Processing Fee: Ranges from 0% - 3% for low-risk customers and 2.5% - 7% for high-risk customers.
• Onboarding Service Fee: One-time fee ranging from ₹20 - ₹350 depending on the risk profile.

Note: Charges and repayment tenures vary based on the customer’s creditworthiness and repayment ability. Penalties are charged only for delayed payments.

Contact Information:

• Email: gosantosh66@gmail.com
• Address: Unit No. 17, Damji Complex, LBS Marg, Kurla West, Mumbai, Maharashtra, India, 400050

Conclusion:

Smart Rupee is an effective and reliable platform for obtaining quick personal loans. With a user-friendly interface, competitive interest rates, and a variety of loan options, Smart Rupee caters to diverse financial needs. The platform's secure and confidential process ensures that your personal information is protected. Whether you need a small loan for immediate expenses or a larger amount for significant financial commitments, Smart Rupee offers a convenient solution. By following the eligibility criteria and completing the simple online application process, you can access the funds you need in no time.