PayRupik Instant Personal Loan

Production:
Loan Amount: from ₹1000 to ₹10000

Minimum Loan Tenure: 91 days
Maximum Loan Tenure: 365 days

Maximum Annual Percentage Rate (APR): 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 law and policy of India

The representative example:
For the loan amount is ₹6000 and the interest rate is 25% per annum and the tenure is 120 days, then the interest payable is calculated as follows:

Interest = ₹6000 x 25% / 365 x 120 = ₹493
Processing Fee = ₹100
GST = ₹100 x 18% = ₹18

The total repayment amount in 120 days shall be ₹6000 + ₹493 + ₹100 + ₹18 = ₹6611

APR = (₹6611 - ₹6000) / ₹6000 / 120 x 365 = 30.97%

About us:
PayRupik is an instant personal loan platform. PayRupik is a product of Sayyam Investments Pvt Ltd which is registered under RBI. PayRupik fulfills customers’ money needs completely online. PayRupik work to make sure that the application process is fast, easy and fully safe.

Eligibility:
Any Indian individual who is more than 18 years old, and has a monthly source of income.

Documents:
The minimum documents required are your Address Proof (such as Aadhaar) and Identity Proof (PAN ID). In some cases, your basic workplace details such as your Company Name, Workplace E-mail ID etc. might be required.

How it works?
1. Install the PayRupik app from the Play Store by clicking 'Install' above.
2. Register.
3. Fill in your basic details to check your eligibility. This process hardly takes 5 - 10 minutes.
4. Once eligible and consent with the agreement the money will directly credit into your Bank Account within 15 minutes.

Security:
Your data is safe with us. It is transferred over a secure HTTPS connection to us, and we do not share it with anyone without your consent except the Lenders. All the transactions are secured via a 128-bit SSL encryption.

Contact us:
You may also contact [email protected] or 0224-8930118
Agyathuri, Chamajali, Amingaon Guwahati Kamrup, Assam 781031