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PayRupik app for iPhone and iPad


4.2 ( 5312 ratings )
Finance Lifestyle
Developer: Sayyam Investments Private Limited
Free
Current version: 2.6.3, last update: 6 months ago
First release : 26 Aug 2023
App size: 69.47 Mb

Loan Amount: ₹1000 to ₹20000
Loan Tenure: 91 days- 365 days
Maximum Annual Percentage Rate (APR): 35% per year
Processing Fee: ₹80 to ₹2000 depending on loan tenure and amount
GST: 18% on processing fee as per law and policy of India
An example:
Loan Amount: Rs. 10,000
Tenure: 6 months
Interest Rate (APR): 24% per year
Repayment Amount: Rs. 1,12,000
Total Interest Payable: Rs. 100,000 x 24%/12*6 (6 months) = Rs. 12,000
Processing Fees (8%): Rs. 8,000+1440(GST 18%)
Disbursed Amount: Rs. 100,000 (Loan Amount) - Rs. 8,000 (Processing Fees) - Rs.1440= Rs. 90,560
Total Amount Payable: Rs. 1,12,000
Total Cost of the Loan: Interest Amount + Processing Fees = Rs. 12,000 + Rs. 2,000+Rs.1440 = Rs. 21,440
Why choose PayRupik?
1. Transparency: PayRupik is an online loan product from an RBI-certified NBFC that is guaranteed to be transparent.
2. Instant Personal Loan: Loan amount is disbursed directly into your account within 15 minutes. Since the process is 100% online, you can access the money anywhere, anytime.
3. Efficient: We process your instant loan application quickly and swiftly. No paperwork and no hassle because we put your needs first.
4. Security: Your data is secure with us. It is transferred from the server over a secure HTTPS connection, and we do not share it with anyone without your consent.
Steps to use the product:
1. Download the PayRupik app from the App Store and log in with your mobile number to register
2. Fill in your personal information
3. Order review
4. After approval, the amount will be credited to your account
Eligibility:
Indian citizenship.
Over 18 years of age.
Stable source of income on a monthly basis.
Contact us if you have any questions:
The customer service is always ready to help you, please contact us in the following ways:
Tel : 0224-8930118
E-mail: [email protected]
Address:Agyathuri, Chamajali, Amingaon Guwahati Kamrup, Assam 781031