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ID: com.rapidpaisa.instant.loan.app

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The description of RapidPaisa - Instant Personal Loan Online Apply


Easy to apply personal loan app made in India – Loan without any upfront or membership fees

Minimum and maximum period for repayment, Maximum Annual Percentage Rate (APR), a representative example of the total cost of the loan, including all applicable fees
Loan amount: ‎₹ 1,000 - ‎₹ 10,000
Minimum and maximum period for repayment: 61 - 365 days
Interest: 12% per annum, i.e. 1% per month
Other fees: we charge one-time processing fee
Maximum APR which includes interest rate plus fees: 35.9%

Representative example of the total cost of the loan, including all applicable fees: if your loan amount is ₹ 10,000 and period for repayment is 62 days (with two equal installments in 31 day each), interest is 12% per annum with one-time processing fee of ₹ 1,200, then total cost of the loan is ₹ 10,000 * 12% * 62 / 365 (interest calculation) + ₹ 1,200 (all applicable fees) = ₹ 204 + ₹ 1,200 = ₹ 1,404 and total amount payable is ₹ 10,000 + ₹ 1,404 = ₹ 11,404 with monthly payment = ₹ 11,404 / 2 = ₹5,702.

Personal loan in India has always been a topic of discussion because of strict banking regulations and less financial inclusion. Huge population has been deprived of cash loans to fulfill their need.
RapidPaisa provides personal loan online and instant personal loan digitally with the help of only two documents like PAN Card and Aadhaar card. With RapidPaisa a personal loan app in India you get easy cash loans. RapidPaisa online loancomes with the idea of issuing personal loans online to all types of customer and can get your loan app approved instantly.
It only takes five minutes to complete your instant cash loan app and once your loan application is approved, the amount of your instant loan is disbursed in your bank account. You don’t have to ask cash loan from their family or friends or shopkeepers and feel humiliated at times. We want all our users to get easy cash loan, with easy repayment options, instant loan approvals, instant cash and 24*7 customer support for any query on your cash loan account.

Key features for your instant loan app
• Mini cash loan at fingertips
• Transparent Instant loan process and approval
• Loan repayment and Loan account details available on your Personal Loan App
• Easy and convenient repayment options
• Customer Service for any loan query
• Easy cash loan transfer in your bank account directly
• Get access to your online loan anywhere and anytime
• Easy documentation
• No Credit history required
• Servicing PAN India locations

Eligibility criteria
• Must be an adult Indian citizen
• PAN and AADHAR should have same details to apply for mini cash loan.
• Must have a valid bank account for online transfer.

Our instant cash loan is different because
1.RapidPaisa loan app is easy to apply
2.You can use your loan money for your personal needs
3.Quick money for your instant emergency needs
4.Highest standards of security

Data Privacy and Security
We at RapidPaisa instant loan app believe in data security and we are committed to comply with highest possible standards for the same. We ensure that the user data is properly encrypted and are secure.
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  • Category

    Finance
  • Requirements:

    Android 5.0+

RapidPaisa - Instant Personal Loan Online Apply 1.12.1 APK for Android 5.0+

Version 1.12.1 for Android 5.0+
Update on 2021-12-22
Installs 500.000++
File size 15.654.157 bytes
Permissions view permissions
What's new Bug-fixes.

FAQs

  • Steps to Avail Personal Loans with Salary Less than Rs. 20,000
    • Check Your Eligibility. Visit the Money View website or download the app. ...
    • Select Your Plan. Depending on your eligibility, you will have to select the loan amount and repayment term of your choice.
    • Provide required documents. ...
    • Instant Loan Disbursal.
  • How to Apply for Rs. 50,000 Loan?
    • Provide your personal and financial details while filling the application form online.
    • Choose a loan amount and suitable tenor to get instant approval.
    • A Bajaj Finserv representative will get in touch with you. ...
    • Receive the approved loan amount in your account shortly.
  • PayMe India is a Noida-based fintech start-up offering short-term and long-term loans to salaried persons. Its website says one can take a loan of Rs. 1,000-1,00,000 for 2-30 days at 2-6% interest per month and Rs. 500 processing fee.
  • Documents Required for ₹ 30,000 Personal Loan
    • Pan Card.
    • KYC (Identity and Address proof)
    • Salary slips.
    • Income Proof - Latest 3 months salary slips, Receipts, Form 16 etc (for self-employed professionals)
    • Bank Statements - 6 months bank statements.
    • House ownership proof (if any)
  • Follow the steps given below to get an instant personal loan of 10,000 rupees from Money View.
    • Check your Eligibility. Download the Money View Loans app or visit the website and complete your eligibility check. ...
    • Repayment Schedule and Loan Amount. ...
    • Documentation. ...
    • Verification and Disbursement.
  • How to Apply for Rs. 50,000 Loan?
    • Provide your personal and financial details while filling the application form online.
    • Choose a loan amount and suitable tenor to get instant approval.
    • A Bajaj Finserv representative will get in touch with you. ...
    • Receive the approved loan amount in your account shortly.
  • App Description RapidPaisa provides personal loan online and instant personal loan digitally with the help of only two documents like PAN Card and Aadhaar card. With RapidPaisa a personal loan app in India you get easy cash loans.

    • Download MoneyTap App & register. Fill up basic details such as age, city, PAN number, & income so we can determine your eligibility.
    • KYC documentation. After the approval from our system, we'll schedule a KYC visit to your house / office to collect documents.
    • Transfer Money to your Bank. Credit line is ready to use!

    • PaySense. This is one of the best instant loan apps without salary slips, and it has recently merged with LazyPay to become one of the best platforms in this field. ...
    • MoneyTap. This is one of the fastest instant loan apps in India. ...
    • Dhani. ...
    • Nira. ...
    • CASHe. ...
    • Home Credit. ...
    • PayMe India. ...
    • India Lends.
  • Here is a list of top 7 mobile apps for online busines and personal loans in Nigeria.
    • Paylater. ...
    • Palmcredit. ...
    • Branch. ...
    • QuickCheck. ...
    • Aella Credit. ...
    • FairMoney. ...
    • KiaKia.
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