RapiMoney

Experience the convenience of instant cash with RapiMoney, India's premier Credit Line, Business Loan, and Personal Loan App powered by RapiPay Fintech Private Limited, a subsidiary of Capital India Finance Limited, an RBI-registered NBFC. RapiMoney offers one of the fastest, easiest, safest, and smartest ways to access funds. The user-friendly platform provides a seamless loan application process, allowing users to enjoy instant personal loans of up to ₹5,00,000 at competitive interest rates and flexible repayment options tailored to their requirements. Download RapiMoney now and unlock the power of financial freedom!

• Access quick, hassle-free, and secure Business and Personal loans of up to ₹5 lakhs.

Loan Features:

• Loan Amount: Up to ₹500,000
• Minimum Payment Period (Minimum Tenure): 3 months
• Maximum Payment Period (Maximum Tenure): 36 months
• Maximum Annual Percentage Rate (APR): Up to 72%

The Annual Percentage Rate (APR) offered is determined based on specific products chosen and the customer's risk profile. Please note that GST will only be applicable to the fee components as per Indian laws.

Representative example of the total cost of the loan:

• Loan Amount (Principal): ₹100,000
• Tenure: 12 months
• Interest Rate: 27% (on reducing principal balance interest calculation)
• EMI (Monthly payment): ₹9,601.74
• Processing Fees (excl. GST): ₹3,000
• Other Charges (excl. GST): ₹499
• Total Deductibles (PF + OC + GST): ₹4,129
• Net Disbursed Amount: ₹95,871
• Total Amount Payable: ₹1,15,220.88
• Total Interest Payable: ₹15,220.88
• Total Cost of the Loan with all taxes: ₹19,349.17
• Maximum Annual Percentage Rate (APR): ~35.38%

Eligibility Criteria:

• RapiMoney welcomes loan applications from Indian residents aged between 18 and 65 years with a minimum monthly income of ₹25,000.

Required Documents:

1. Address Proof (Acceptable document: Aadhaar linked to an active mobile number)
2. Selfie
3. PAN Card
4. Bank Account/Access to bank account details
5. Valid and active email address and phone number

RapiMoney facilitates loans through RBI registered NBFCs and Banks for its customers.

Our Lending Partners:

1. Capital India Finance Limited - Capital India Finance Limited Website
2. UGRO Capital - UGRO Capital Digital Lending Partners
Lendbox (Transactree Technologies Pvt Ltd) - https://www.lendbox.in/channel-partner-investor

Why RapiMoney needs the following permissions:

• Location Permission - ACCESS_FINE_LOCATION:This permission is required to collect and track the location of your device enabling assessment of serviceability for your loan application facilitating faster credit risk assessment and ensuring compliance with KYC regulations as mandated by regulatory guidelines.
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RapiMoney is a brand within the RapiPay group - Visit the RapiPay Website for more information: https://in.rapipay.com/loans/