RupeeRedee - Personal Loan App

Looking for urgent personal loan? RupeeRedee will credit money in your account in 10 mins following simple application process.

NBFC Partner: FincFriends Private Limited which is a registered NBFC with RBI.

Why RupeeRedee : Chota Loan Bad Khushi
⇒ Fast Loan Approval and Quick Disbursal: With 100% online process, get fast approval and quick loan disbursal.
⇒ Loan for All Purposes and Needs: Loans to fulfil all types of credit needs including covering emergency expenses, consolidating debt, travel, shopping, bill payments, school fees and much more. 
⇒ Flexible Interest Rates and Tenures: Flexi personal loans with interest rates from 12% to 36% p.a., depending on your credit score. Also, get flexible tenure options of 62 days to 6 months for repayment of the loan.
⇒Transparency and Security: We only work with RBI-certified NBFCs/banks which are guaranteed to be transparent, safe and secure.

Our Loan Offerings:
👉 Flexi Personal Loan - We offer personal loans ranging from ₹2,000 to ₹25,000 with short repayment tenures of 3-4 months. Documentation required for this loan consists of just a PAN card and proof of address
👉 Personal Loan for Self-Employed & Salaried - Personal Loans for Self-Employed ranges between ₹2000 to ₹30000 with flexible repayment terms from 3 to 6 months. You need PAN card & proof of address to avail this loan

Top Features
✔Simple EMIs: Payback in 3-6 months at your convenience
✔100% Online: The application process is completely paperless
✔Complete Transparency: There are no hidden costs, all costs are mentioned on Application summary before processing of loan

On Approval, get a direct bank transfer within minutes from our lending partner registered NBFC “Fincfriends Pvt Ltd”. FincFriends follow a dynamic risk-based pricing model with loan terms & rates described below

Personal Loan Charges (Example):
Loan Amount: From ₹2000 to ₹25000
Minimum Period of Payment (Minimum Tenure): 62 Days
Maximum Period of Payment (Maximum Tenure): 120 Days
Maximum Annual Percentage Rate (APR): 36% to 120%
Interest Rate: 1% to 3% per month
Approval Fees: 4% of Loan Amount (Inclusive of GST)
Online Secure Fees: 6% of Loan Amount (Inclusive of GST)
Account Management Fees: 7% per Monthly Instalment (Inclusive of GST)

Representative Example of the total cost of loan is provided in example below:
Description All Amount are in INR
Loan Amount: ₹10000
Loan Tenure: 3 Months
Approval Fees (4% Inc GST) = ₹400
Online Secure Fees (6% Inc GST)= ₹600
Interest (36%)= ₹ 514
Account Mgmt Fees Per Installment (7% Inc GST) = ₹2100
Amount Disbursed: ₹9000

Repayment Schedule Below:
First Installment: ₹4333
Second Instalment: ₹4203
Third Instalment: ₹4077
Total Repayment ₹12614

Eligibility:
Must be an Indian National with a Valid Pan Card
Must be over the age of 18 years
Minimum Monthly Income should be ₹15000

Steps to avail a loan:
Install the RupeeRedee App
Register with your Mobile no
Enter basic information and verify your KYC by Aadhaar OTP or upload KYC documents
Verify Bank Account
Approved: verify the charges and sign loan agreement
Loan disbursed

Documents Required:
1. Address Proof {acceptable documents - Aadhaar}
2. Selfie
3. PAN Card
4. Bank Account / Access to bank account details

Why Rupeeredee Needs the following Permissions:

Location - ACCESS_FINE_LOCATION
Explanation: To collect and monitor the location of your device and access serviceability of your loan application. This also
helps in quicker credit risk decision and ensure KYC compliance as per guidelines of regulator

Camera & Media Access - CAMERA, READ_EXTERNAL_STORAGE, WRITE_EXTERNAL_STORAGE
Explanation: To capture KYC documents and selfie for liveness test and ensure KYC compliance as per guidelines of regulator

Storage (Read and Write)
Explanation: To upload and download the identity documents for completing and expediting KYC process for a faster approval. It provides a seamless customer experience while using the app

Queries:
Mail: [email protected]