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 : from 1000 to 20000
- Minimum loan tenure : 91 days
- Maximum loan tenure : 365 days
- maximum annual percentage Rate : 35% per annum
- processing fee from 80 to 2000 depend on the loan tenure and amount
- GST : 18% on the processing fee in accordance with the low and policy of india
The Representative Example
for the loan amount is the 6000 and the interest rate is 25% per annum and the tenure is 120 days then the interest payable as calculated as follows:
Interest = 6000 x 25% / 365 x 120 = 493
procesing fee = 100
GST = 100 x 18% = 180
The total repayment amount in 120 days shall be 6000 + 493 + 100 + 18 = 6611
APR = (6611-6000) / 6000 / 120 x 365 = 30.97%
Why Choose PayRupik ?
Transparency : Payrupik is an online loan product from RBI certified NBFC which is guaranteed to be transparent
- Instant personal loan : Loan Amounts are disbursed directly Into your account within 15 minutes as the process is 100% online you can get funds anytime anywhere
- Efficient : we process your instant loan application instantly in a fast way no paperwork work and no problems as we prioritize your needs
- Security : your data is safe with us it is transferred Over a secure HTTPS connection to the server and we do not share it with anyone without your consent expect the lenders.
Eligibility criteria
- You must be an indian national
- Creat an account
- Upload your KYC documents which includes your ID, address proof, and Pan Card
minimal household income eligibility :
Annual household income is above Rs. 3,00,000 /- by all sources and means.
The terms household shall mean an individual family unit, i.e. husband wife and their unmarried children who are above the age of 18 years
Contact us if you have any questions :
service@Payrupikloan.in or 0224 – 8930118
Agyathuri, chamajali, amingaon guwahati Kamrup Assam 781031
