RupeeLend provides immediate cash loans from Rs. 10,000 to Rs. 1 lakh for the individual requirements. Interest levels differ from 0.1per cent to at least onepercent per time. Loan tenure could be from 61 times to 3 months. Loans are authorized in 2 moments in the lender’s platform. Products offered consist of pay day loans, fast loans, short-term loans, same day loans, cash advance loans, etc.
Eligibility Criteria for RupeeLend Instant Loan
Listed here individuals can use for the unsecured loan from Rupeelend:
- All Indian residents above the chronilogical age of 18 years
- Self-employed or salaried people
The ability that is individual’s repay the mortgage is going to be examined by the loan provider before loan approval.
Documents necessary to make an application for a Rupeelend unsecured loan
The applicant should submit the next papers while obtaining a loan that is personal
- ID proof – PAN card
- Address proof – Voter ID, Passport, or Driving permit
- Evidence of work
Besides the above, the applicant also needs to offer the banking account details wherein the loan quantity is supposed to be deposited. A legitimate number that is mobile needed besides.
Loan Application Procedure
- Registration: The applicant shall be asked to install the Rupeelend software from Bing PlayStore and set it up on his/her cellular phone. After installation, he or she will need to finish the enrollment procedure. Including picking the mortgage repayment and amount tenure. The applicant will then be directed to a credit card applicatoin kind that features to be filled up and submitted through the software.
- Indication the Agreement: The applicant will receive an OTP through SMS and e-mail. She or he shall need certainly to verify the program. The entire procedure can be achieved in three full minutes, which is entirely paperless!
- Loan Approval and Disbursal: the mortgage application is generally approved in a couple of minutes. The mortgage quantity will be used in the lender account for the debtor in a day. In the event that applicant hasn’t supplied sufficient information combined with the application, the approval might take a while. The lending company are certain to get in touch utilizing the applicant for the missing information.
Extension of Loan Tenure
In the event the debtor has to expand the mortgage tenure, he or she will get in contact with the lending company during the e-mail ID, email@example.com. The mortgage tenure will be extended straight away. However, you ought to be aware that the expansion of tenure is certainly not an idea that is great. The borrower may have to bear higher interests in case the repayment is not made within the original repayment tenure.
- Will it be safe to use for that loan regarding the Rupeelend site or app that is mobile?
Rupeelend employs extreme protection measures to make sure that the sensitive and painful information of clients aren’t compromised whatever it takes. All personal stats regarding the applicant are encrypted through Secure Socket Layer (SSL) protocol that is a market standard for safety.
Are top-up loans made available from RupeeLend?
Presently, the financial institution will not provide top-up loans. As soon as your current loan quantity is paid back on time, you can easily make an application for a brand new loan instantly payday loans MN. The mortgage approval time is merely a short while for coming back clients.
Will my companies be contacted once I make an application for the mortgage?
Rupeelend might have to contact the finance division of the company to do some checks.
Am I Able To make an application for a Rupeelend unsecured loan having a credit score that is low?
The loan that is quick given by Rupeelend are ideal for candidates with low credit rating. In addition to the credit that is traditional checks, the financial institution takes some other facets under consideration before distinguishing your eligibility for the loan.
Do you know the urban centers by which Rupeelend offers fast loans?
Fast loans can be found by the loan provider in Delhi NCR, Chennai, Bengaluru, Mumbai, Navi Mumbai, and Hyderabad.
A rate that is GST of% would be applicable on banking services from 01 July, 2017.