Kredit Rupee Personal Loan App 1.0.1

Kredit Rupee serves as a comprehensive loan aggregator platform designed to connect various credit seekers, including students, self-employed individuals, salaried employees, and business owners, with registered Non-Banking Financial Companies (NBFCs) overseen by the Reserve Bank of India (RBI). The focus is on facilitating access to personal and business loans with notable flexibility.

The Kredit Rupee personal loan application enhances the borrowing process by linking users to verified lenders through an entirely online platform. It aims to streamline the application procedure, minimize required documentation, eliminate hidden fees, offer competitive interest rates, and ensure rapid approval times.

Key Features of the Kredit Rupee Personal Loan App:

• Medical Loan: Obtain funds for medical expenses seamlessly.
• Pre-owned Vehicle Loan: Finance the acquisition of a vehicle with adaptable loan terms.
• Education Loan: Enhance your educational prospects through tailored loan offers.
• Home Renovation Loan: Revitalize your living space with accessible financing options.
• Travel Loan: Enable global travel plans with flexible financial support.
• Wedding Loan: Facilitate your dream wedding through dedicated loan services.
• Shopping Loan: Secure funding for personal purchases efficiently.

Reasons to Consider the Kredit Rupee Personal Loan App:

• Digital Application Process: Experience a fully digital journey for accessing financial services.
• User-friendly Interface: Engage with an intuitive application design.
• Lender Matching: Benefit from personalized connections to verified lenders based on individual requirements.
• Streamlined Application: Complete the loan application in three simple steps.
• Credible Platform: Access offerings exclusively from RBI-regulated NBFCs.
• Pre-qualified Offers: Review available pre-qualified personal loan options effortlessly.
• Rapid Approval Times: Receive swift responses for urgent financial needs.
• Competitive Interest Rates: Obtain loans at lower interest rates from reliable lenders.
• Flexible Loan Tenure and EMI Options: Choose repayment durations ranging from 3 to 60 months with adaptable EMI plans.
• No Collateral Required: Access unsecured loans without asset pledging.

Details on Repayment, APR, and Processing Fees:

• The interest rates range between 1% and 3% per month, translating to an annual percentage rate (APR) of 12% to 36%*.
• The repayment duration varies from 3 to 60 months.
• A processing fee may apply as dictated by the lending partner's terms.

Documents Needed for Business or Personal Loans:

• ID Proof: Options include Aadhar card, PAN card, driver's license, passport, or voter ID.
• Address Proof: Acceptable documents include Aadhar card, utility bills, voter ID card, or passport.
• Income Proof: Required documentation may include bank statements or salary slips (for salaried applicants).

Eligibility Criteria for Loans:

• Ages eligible: Between 18 and 55 years old.
• User categories include salaried individuals, self-employed persons, and students.
• <liApplicants must hold Indian nationality for consideration.

• The Application Process is Simple:

• 1. Download the Kredit Rupee personal loan app.
  2. Provide personal information as requested within the app.
  3. Input your financial details as prompted.
  4. Submit your PAN Card number.
  <liFinalize your personal loan request submission.

• An Example Scenario for a Personal Loan:

• • Loan Amount: ₹200,000
  • Interest Rate: Minimum of 12%
  • Total Repayment Tenure: 1 year
  • Processing Fee (2%): ₹4,000 + GST = ₹4,720
  • Total EMI Amount: ₹17,853.28
  • Total Interest Payable: ₹14,239.36
  < li>The overall repayment amount after one year will total ₹214,239.36</ li >

• *Note: The values presented are illustrative and may vary based on individual credit assessments executed by Kredit Rupee’s lending partners. The maximum APR can reach up to 36%.*

• Kredit Rupee collaborates with several RBI-registered NBFC partners to enhance service credibility. For any inquiries or assistance needed during usage, potential users can reach out via email at [email protected].

• The following partners are involved in facilitating Kredit Rupee’s offerings:

• • Arham Finance & Investment Services Limited, CIN - U74899DL1992PLC050484</ li >
  • Yashik Finlease Private Limited, CIN - U65910HR1993PTC032032</ li >