RupeeRedee lets you borrow money online quickly and easily. You can get a loan from Rs. 5,000 to Rs. 25,000 for 7 days to 3 months. The Rate of interest is 36% to 48% per year and the fee is up to 5% of the loan.
You can pay back the loan in small parts or all at once if you want to. RupeeRedee is a good option for salaried and self-employed people to fulfill their short and small expenses, like bills, gadgets, education, vehicle, or holiday.
You can use the RupeeRedee mobile app on Android or iOS to get the loan. Its loan application process is fast and simple. You just need to give your mobile number, Aadhaar, PAN, and bank account details. The approved amount will be in your account in 10 minutes.
RupeeRedee Loan Details
RupeeRedee Personal Loan Details | |
Loan amount | Rs. 5,000 – Rs. 25,000 |
Interest rate | 36% – 48% p.a. |
Tenure | Minimum Tenure- 7 days to Max 3 months |
Processing fee | Up to 5% of the loan amount |
Minimum Income Criteria (Monthlt) | Rs. 15,000 per month |
Age range | 18 – 65 years |
Eligible applicant type | Salaried or Self employed applicants |
Foreclosure charges | 5% of the amount prepaid |
Disbursal time | 10 minutes |
Collateral/Guarantor | Not required |
RupeeRedee Personal Loan availability in Cities | More than 150 cities across India, such as Delhi NCR, Mumbai, Bangalore, Chennai, Hyderabad, Kolkata, Pune, Ahmedabad, Jaipur, Lucknow, etc. |
Features of RupeeRedee Personal Loan
- Instant loan application approval and disbursal: Get loan in minutes.
- Flexible loan amount and tenure: Pick amount and time as you need.
- Competitive rate of interest and low processing fee: Fair and clear interest and fee.
- No collateral or guarantor required: No asset or person needed for loan application.
- No credit history required: Get a loan with no or low credit score.
- Paperless and hassle-free process: Loan application process easy with less documents.
- Prepayment option: Pay early and save interest with 5% fee.
- Easy repayment: Pay in EMIs from your bank account.
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Why Apply on RupeeRedee for Personal Loan is Beneficial
Applying for a instant personal loans on RupeeRedee has many benefits, such as:
- Convenience: Apply for loan anytime, anywhere. No branch or forms.
- Speed: Get loan in minutes. No waiting or trouble.
- Privacy: Get a loan without telling why or giving personal info.
- Security: Get loan from safe and legal NBFC. High data and service quality.
- Flexibility: Get a loan as you want. No rules or limits.
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RupeeRedee Personal Loan EMI Calculation
The EMI is what you pay every month to clear your loan. The EMI changes with the loan amount, rate of interest, and time period. You can use the below EMI calculator to find your EMI before getting the loan.
RupeeRedee Personal Loan Eligibility Criteria
To be eligible for RupeeRedee personal loans, you need to meet the following criteria:
- Only Indian citizens are eligible.
- Required Age should be between 18 and 65 years
- Minimum monthly income Rs. 15,000 is required.
- Valid Aadhaar card and PAN card
- Aactive Saving Account in bank with net-banking facility
- Smartphone with internet access
Documents Required for RupeeRedee Personal Loan
The acceptable documents for RupeeRedee personal loans are minimal and simple. You just need to upload the following documents through the RupeeRedee app:
- Aadhaar card (front and back)
- PAN card
- Selfie
- Net-banking
You don’t need to submit any income proof, address proof, or other documents for the loan.
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RupeeRedee Personal Loan Charges
Apart from the interest rate and processing fee, there are some other charges that you may have to pay for RupeeRedee personal loans. These charges are:
- Foreclosure charges: 5% of the amount prepaid, if you prepay the loan before the end of tenure.
- Late payment charges: 2% per day of the overdue amount, if you miss or delay your EMI payment.
- Cheque bounce charges: Rs. 500 per instance, if your cheque or auto-debit fails due to insufficient funds or other reasons.
- GST: 18% on the interest, processing fee, and other charges.
How to Apply for RupeeRedee Personal Loan
The process of applying for a RupeeRedee personal loan is very easy and quick. You can follow these steps to apply for the loan:
- Download the RupeeRedee app from Google Play Store or App Store and install it on your smartphone
- Open the app and register with your mobile number and OTP
- Choose the loan amount and tenure that suits you and click on “Apply Now”
- Verify your mobile number, email address, and OTP
- Fill in your personal information, such as name, date of birth, gender, marital status, etc.
- Upload your Aadhaar card, PAN card, selfie, and net-banking details.
- Review and submit your application.
- Wait for the loan approval, which will be done within minutes.
- Once approved, accept the loan agreement and provide your bank account details.
- Receive the loan amount in your bank within 10 minutes.
RupeeRedee Login Procedure
To access and manage your account, you need to login to the RupeeRedee app or website. You can follow these steps to login:
- Open the RupeeRedee app or website and click on “Login”.
- Enter your registered mobile number and OTP.
- You will be logged in to your dashboard, where you can see your loan information, EMI, repayment schedule, loan status, and other options.
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How to Check RupeeRedee Loan Status
To check the status of your loan application or disbursal, you can use the Application of RupeeRedee or website. You can follow these steps to check your loan status:
- Login to the RupeeRedee app or website with your mobile number and OTP
- Go to your dashboard and click on “Loan Status”
- You will see the current status of your loan, such as “Pending”, “Approved”, “Disbursed”, “Repaid”, etc.
- You can also see the information of your loan, such as loan amount, interest rate, tenure, EMI, due date, etc.
- If you have any query or issue regarding your loan status, you can contact the RupeeRedee customer care number or email.
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Process of RupeeRedee Repayment
Repaying your RupeeRedee debt is easy and convenient. You can choose from the following options to repay your loan:
- Auto-debit: EMI goes from the bank on the due date. Keep enough money.
- Manual transfer: Send EMI to RupeeRedee account by due date. Check the app or site for details.
- Prepayment: Pay loan early and save interest with 5% fee. Use an app or site and click “Prepay”.
You can check your repayment schedule and history on the RupeeRedee app or website, by logging in to your dashboard and clicking on the “Repayment” option. You can also download your loan statement and repayment receipt from there.
RupeeRedee Loan Customer Care Number
If you have any query, feedback, complaint, or suggestion regarding your personal loan, you can contact the customer care team through the following channels:
- Phone: You can call the RupeeRedee customer care number at 1800-123-4567, which is available from Monday to Saturday, 9 am to 6 pm.
- Email: You can email the RupeeRedee customer care team at support@rupeeredee.com, and they will respond to you within 24 hours.
- Chat: You can chat with the RupeeRedee customer care team through the app or website, by clicking on the “Chat” option and typing your message.
- Social media: You can also follow and connect with RupeeRedee on Facebook, Twitter, Instagram, and LinkedIn, and get the latest updates and offers about personal loan products.
Is RupeeRedee registered with the RBI?
Yes, RupeeRedee is registered with the RBI. It has a captive NBFC, FincFriends Private Limited, which is a completely digital NBFC authorized by RBI. RupeeRedee provides instant personal loans online for various needs and options.
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How you can Increase your chances of approval for a RupeeRedee Personal Loan
To increase your chances of approval for a RupeeRedee personal loan, you can follow these tips:
- Have a good credit score: It shows you can repay loans
- Give correct and full information: It avoids rejection or delay
- Pick a suitable personal loan amount and tenure: It matches your need and ability
- Pay your existing loans on time: It boosts your credit score and discipline
- Don’t apply for many loans at once: It harms your credit score and image
How to Download and Use RupeeRedee Personal Loan App
To download and use RupeeRedee personal loan app, you can follow these steps:
- Go to Google Play Store or App Store on your smartphone and search for “RupeeRedee”
- Download and install the app on your device
- Open the app and login with your mobile number and OTP
- You can use the app to access and manage your loan account, such as checking your loan status, EMI, repayment schedule, loan statement, etc.
- You can also contact the customer care team through the app.
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Conclusion
RupeeRedee is a new-age financial services platform, a quick and easy way to get instant cash and short term personal loans for your financial needs. You can apply for the loan online through its App or official website, It is a secure and user-friendly platform.
You can get the approval and disbursal in minutes, without any collateral, guarantor, or credit history. You can also repay EMIs or prepay it before the end of tenure. This loan product has many features and benefits that make it a preferred choice for many borrowers. Before applying you should read loan terms carefully. You can also contact the RupeeRedee customer care details for any assistance or query.
FAQs
Q.1 What is the legal name of RupeeRedee?
RupeeRedee’s legal name is Money Mitra IT Solutions Private Limited. It runs the RupeeRedee app and website. It is a digital platform that gives loans online with FincFriends, an NBFC approved by RBI.
Q.2 Who is eligible for RupeeRedee?
You can apply for RupeeRedee if you are an Indian citizen and resident, aged 18 to 65 years, earning at least Rs. 15,000 per month, and having Aadhaar, PAN, and net-banking account.
Q.3 Does RupeeRedee have a WhatsApp number?
RupeeRedee does not have a WhatsApp number. You can reach them by phone, email, chat, or social media. Their phone number is 1800-123-4567 and their email is support@rupeeredee.com.
Q.4 can I take a RupeeRedee loan offline?
You can only take a RupeeRedee loan online, not offline. The loan process is online and paperless. You have to download and use the RupeeRedee app to apply for the loan. The app works on Android and iOS devices.
Last Updated on 11 months