Easy to apply personal loan app made in India – Loan without any upfront or membership fees
Minimum and maximum period for repayment, Maximum Annual Percentage Rate (APR), a representative example of the total cost of the loan, including all applicable fees
Loan amount: ₹ 1,000 - ₹ 10,000
Minimum and maximum period for repayment: 61 - 365 days
Interest: 12% per annum, i.e. 1% per month
Other fees: we charge one-time processing fee
Maximum APR which includes interest rate plus fees: 35.9%
Representative example of the total cost of the loan, including all applicable fees: if your loan amount is ₹ 10,000 and period for repayment is 62 days (with two equal installments in 31 day each), interest is 12% per annum with one-time processing fee of ₹ 1,200, then total cost of the loan is ₹ 10,000 * 12% * 62 / 365 (interest calculation) + ₹ 1,200 (all applicable fees) = ₹ 204 + ₹ 1,200 = ₹ 1,404 and total amount payable is ₹ 10,000 + ₹ 1,404 = ₹ 11,404 with monthly payment = ₹ 11,404 / 2 = ₹5,702.
Personal loan in India has always been a topic of discussion because of strict banking regulations and less financial inclusion. Huge population has been deprived of cash loans to fulfill their need.
RapidPaisa provides personal loan online and instant personal loan digitally with the help of only two documents like PAN Card and Aadhaar card. With RapidPaisa a personal loan app in India you get easy cash loans. RapidPaisa online loancomes with the idea of issuing personal loans online to all types of customer and can get your loan app approved instantly.
It only takes five minutes to complete your instant cash loan app and once your loan application is approved, the amount of your instant loan is disbursed in your bank account. You don’t have to ask cash loan from their family or friends or shopkeepers and feel humiliated at times. We want all our users to get easy cash loan, with easy repayment options, instant loan approvals, instant cash and 24*7 customer support for any query on your cash loan account.
Key features for your instant loan app
• Mini cash loan at fingertips
• Transparent Instant loan process and approval
• Loan repayment and Loan account details available on your Personal Loan App
• Easy and convenient repayment options
• Customer Service for any loan query
• Easy cash loan transfer in your bank account directly
• Get access to your online loan anywhere and anytime
• Easy documentation
• No Credit history required
• Servicing PAN India locations
Eligibility criteria
• Must be an adult Indian citizen
• PAN and AADHAR should have same details to apply for mini cash loan.
• Must have a valid bank account for online transfer.
Our instant cash loan is different because
1.RapidPaisa loan app is easy to apply
2.You can use your loan money for your personal needs
3.Quick money for your instant emergency needs
4.Highest standards of security
Data Privacy and Security
We at RapidPaisa instant loan app believe in data security and we are committed to comply with highest possible standards for the same. We ensure that the user data is properly encrypted and are secure.
Responsible lending
RapidPaisa app facilitates money lending by registered Non-Banking Financial Companies (NBFCs), you can find the list of partners by link - https://advancedfinancialsolutions.in/partners
