PayRupik is an online instant personal loan platform trusted by over 5 million users, provides you instant credit in minutes
PayRupik
What is it about?
PayRupik is an online instant personal loan platform trusted by over 5 million users, provides you instant credit in minutes.
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App Store Description
PayRupik is an online instant personal loan platform trusted by over 5 million users, provides you instant credit in minutes.
It is a loan product of Sayyam Investments Pvt Ltd which is a registered NBFC under RBI. You can avail loan amount ranging up to ₹20,000, process is fast, easy and safe.
If you are looking for a friend who can easily borrow money without making excuses, PayRupik is your best friend.
Production:
Loan Amount: ₹1000 to ₹20000
Loan Tenure: 91 days- 365 days
Maximum Annual Percentage Rate (APR): 35% per year
Processing Fee: ₹80 to ₹2000 depending on loan tenure and amount
GST: 18% on processing fee as per law and policy of India
An example:
Loan Amount: Rs. 10,000
Tenure: 6 months
Interest Rate (APR): 24% per year
Repayment Amount: Rs. 11,200
Total Interest Payable: Rs. 10000 x 24%/12*6 (6 months) = Rs. 1,200
Processing Fees (8%): Rs. 800+144(GST 18%)
Disbursed Amount: Rs. 10000 (Loan Amount) - Rs. 800 (Processing Fees) - Rs.144= Rs. 9056
Total Amount Payable: Rs. 11,200
Total Cost of the Loan: Interest Amount + Processing Fees = Rs. 1200 + Rs. 800+Rs.144 = Rs. 2144
Why choose PayRupik?
1. Transparency: PayRupik is an online loan product from an RBI-certified NBFC that is guaranteed to be transparent.
2. Instant Personal Loan: Loan amount is disbursed directly into your account within 15 minutes. Since the process is 100% online, you can access the money anywhere, anytime.
3. Efficient: We process your instant loan application quickly and swiftly. No paperwork and no hassle because we put your needs first.
4. Security: Your data is secure with us. It is transferred from the server over a secure HTTPS connection, and we do not share it with anyone without your consent.
Steps to use the product:
1. Download the PayRupik app from the App Store and log in with your mobile number to register
2. Fill in your personal information
3. Order review
4. After approval, the amount will be credited to your account
Eligibility:
Indian citizenship.
Over 18 years of age.
Stable source of income on a monthly basis.
Contact us if you have any questions:
The customer service is always ready to help you, please contact us in the following ways:
Tel : 0224-8930118
E-mail: service@payrupikloan.in
Address:Agyathuri, Chamajali, Amingaon Guwahati Kamrup, Assam 781031
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