Do you need a little more money for your personal expenses? If yes then RupeeRedee Personal Loan can fulfill your money requirement. With its simple eligibility criteria and easy online application process, getting a personal loan is quite easy.
In this blog post, we will tell you about the eligibility requirements and the complete process of applying for RuPayReady Personal Loan along with the benefits and features.
Highlights of RupeeRedee Personal Loan
loan amount | 1,000 to 25,000 |
rate of interest | Starting from 30% per annum |
Duration | up to 6 months |
processing fee | 5% to 15% of the loan amount |
age | 18 to 65 years |
minimum monthly income | Rs 15,000 |
RupeeReady Personal Loan
RupeeRedee is a mobile app that provides online personal loans to Indian citizens. You can take personal loan from Rs 1,000 to Rs 25,000 from RupeeRedee App. This app offers you a repayment tenure of up to 6 months and charges processing fees ranging between 5% to 15%. Whether you want to renovate a home or pay off credit card bills, our guide will help you easily get the money you need.
RupeeRedee App Personal Loan Interest Rates
RupeeReady is a digital platform that offers personal loans at interest rates starting from 30% per annum. However, there are many factors due to which these interest rates can go up to 45% per annum like your credit score, your income, age, employment etc.
Eligibility Criteria for RupeeRedee Personal Loan
Before applying for any personal loan, it is important to check whether you meet the eligibility criteria set by the lender. The same thing applies with RupeeRedee Personal Loan.
- Age: Applicants should be between 18 to 65 years of age to avail RuPayReady Personal Loan.
- Employment: The applicant must have a stable source of income from employment or self-employment.
- Income: The minimum net monthly income requirement varies depending on the city where the applicant resides. For cities like Mumbai, Delhi NCR, Bangalore and Chennai, applicants must earn at least Rs 15,000 per month to be eligible for RupeeRedee Personal Loan.
- Payment History: Additionally, they should not have any history of default on loan or credit card payments.
Documents required to apply for RupeeRedee App Personal Loan
When applying for a personal loan from RupeeReady, you need to provide certain documents. These documents help verify your identity, income and other important information required for approval. The list of these documents is given below:-
- Proof of Identity: The very first document is proof of identity which includes Aadhar Card and PAN Card.
- Proof of address: Proof of address like Aadhaar card, utility bill or rental agreement. You can use Aadhaar card for both proof of identity and proof of address.
- Proof of Income: RupeeReady requires proof of income such as salary slip or 6 months bank statement.
- Additional Documentation: RupeeRedee may also require additional documentation depending on individual circumstances such as business registration certificate or tax return for self-employed individuals.
How to apply for RupeeRedee Personal Loan?
If you are looking for a personal loan, the RuPayReady app can be a great option for you where you can apply for the loan online in just a few minutes. The complete process of applying is explained here;-
- Download the app: Go to Play Store/App Store andRupeeRedee App download.
- Register: Open the app and register yourself by entering basic personal information like your phone number, email ID, name, age, address, income etc. Make sure all information provided is accurate.
- Upload Documents: Make sure you have all the required documents before uploading. These include Aadhar card for ID proof, PAN card for tax related information, salary slip or bank statement as income proof, etc.
- Verification and Approval: After uploading the required documents, the next step is verification and approval. In this process, your credit worthiness, employment status, income stability and other factors will be thoroughly examined to determine whether you are eligible for a personal loan from RupeeReady or not.
- Disbursement of loan amount: The best thing about RupeeReady Personal Loan is that they provide instant disbursement of funds to their customers. If you are eligible for a RupeeReady Personal Loan, you can expect the money to be credited to your account within a few hours of approval of the loan application.
Please Note: It is important to note that before accepting any payment from RuPayReady or any other lender, read all the terms and conditions related to interest rates, processing fees, prepayment charges etc. carefully, to avoid any hassles later. Do not have to face.
Benefits of RupeeReady Personal Loan
RupeeRedee Personal Loans come with a variety of benefits that make it an attractive option for you such as:-
- There is flexibility offered in terms of loan amount and repayment tenure, allowing borrowers to choose the plan that suits their needs.
- Quick and hassle-free application process, which can be completed completely online from your home or office. This saves time while ensuring complete privacy and security during the entire process.
- RupeeReady also offers competitive interest rates on its personal loans, making them an affordable option for individuals looking to manage their finances efficiently.
- Additionally, there are no hidden charges associated with this loan, ensuring transparency at every step for borrowers.
- With RupeeRedee Personal Loan, borrowers can access funds quickly and easily without providing any collateral or guarantors.
Rupeeredee Loan Customer Care
If you are a Rupeeredee loan customer or are considering a loan and have any questions or concerns, you can contact customer care by emailing care@rupeeredee.com for assistance.