Do you have an expensive international trip coming ahead or a personal debt to pay off? Have to wait for a whole month till your payday to fulfill your urgent financial goals? We are here with the ultimate solution for your problems. Get an easy instant personal loan with minimum interest with the easiest process you can imagine. With the experience of more than 20 years, we have fulfilled the dreams of 10K+ customers. We have always been up to mark in our services. Rupeezo offers the lowest personal loan rates compared to other organizations. We have a high loan approval rate as we are integrated with leading banks and NBFCs in India.
It is a loan taken when a person needs instant money for a wedding, vacation trip, home renovation, or other personal needs. It can be secured where collateral is required or unsecured where no collateral is needed. Some key takeaways of are mentioned below:-
They can vary greatly based on their rate of interest, amount, and processing fees. A larger amount carries a lesser interest rate, whereas a smaller amount has a higher interest rate comparatively.
It enables you to get instant funding without hassle for small-scale needs. It helps you fulfill your monetary problems at a small scale with optimum convenience. No questions are asked about the expenditure, but one has to keep in mind the loan amount. These loans are different from student loans, educational loans, home loans, and car loans used to fund specific areas of expenses (i.e., college expenses, mortgage expenses). Personal loans help you get instant cash for medical emergencies, education, or an overseas trip; they have become quite common in India. It is a loan that you can take out to fulfill your monetary needs temporarily.
Check the amount of money that you require thoroughly. For example, if you need Rs. 5 lakhs for renovation, taking a loan of Rs. 2.5 lakhs will not help you. Hence, plan your loan amount properly.
After checking your required loan amount, you need to check your eligibility.
Calculate your monthly amount, which you have to pay to the bank, and budget yourself accordingly.
Usually, your income proof (bank statements, salary slips), ID proof, and address proof are required for formal documentation.
Rupeezo is the top loan-lending forum that provides a hassle-free method of applying for loans to their customers. We are integrated with India's leading banks and NBFCs to help our customers get instant personal loans without any glitch. Online documentation and good communication with the banks make loan approval very easy. One can apply online through our portal and get a loan with a click on their phone or laptop. Integration with a wide pool of banks across India results in easy approval of loans within minimum time frames.
We have always left our customers satisfied and smiling with our services, making us the best portal to provide instant personal loans to more than 10K+ customers.
Easy online documentation keeping your safety in mind. Online documentation is carried out throughout India making loans approachable to the remotest of places.
We have been in the game for more than 20+ years and have a lot of experience handling the loan business, and we have duly delivered that.
We ensure that you receive money directly into your account. A no-contact process is carried out with your safety in our mind during the pandemic.
Your privacy is our ultimate responsibility. We adhere to very strict privacy policies for our customers.
Get loan approval within 48 hours of your submission. Online documentation speeds up the process and enables us to sanction the loan as soon as possible.
Thanks to our integration with many banks, we have a high loan approval rate.
No collateral is required based on your credit history. Good credit scores are more than enough to get your personal loan approved.
Is it good to avail personal loan in India?
Getting a personal loan is a good idea if you have a stable income and want quick money for medical emergencies, wedding needs, moving costs, or vacation. It provides you with more money when compared to credit cards.
How is Rupeezo’s personal loan secured?
Secured loans require collateral, i.e., your financial assets (your home, some land, etc.). If your credit score is good, you can easily get an unsecured instant personal loan that does not require any collateral.
Can you pay off early for a personal loan?
Yes, you can pay your loan early. You can even pay the whole amount in a single installment. You can decide your installment money and even your locking period.
What is the interest rate on a personal loan at Rupeezo?
If you have a decent credit score, you can avail of a loan with lower interest rates starting from 11.99%. However, interest rates vary according to your personal loan amount.
How can I calculate the interest rate on a personal loan?
To calculate your interest rate for a personal loan, you can contact us at Rupeezo.
What is the lowest salary needed for a personal loan?
Minimum salary of Rs. 20K is enough to get a personal loan at Rupeezo. However, relaxation is provided in a few cases.
Which documents are required for a personal loan?
Your income proof (bank statement, salary sheet), address proof, and ID proof. These are the primary documents that are required for the documentation process.
List of personal loan types at Rupeezo:
The list of personal loan types includes secured and unsecured loans. Loans that require collateral are called secured loans, and the loans which do not require any collateral are called unsecured loans. For more information, check out our website.
What is the maximum amount I can get applying for a personal loan?
Rupeezo offers up to 15 lac rupees for a personal loan.
How can I repay my personal loan?
You can repay your loans as monthly installments online, or you can even repay your loan instantly without any installments. The repayment process can be set up according to one’s own comfort and availability.
What credit rating should I have to avail myself of a loan?
The credit score should be 750 or more. Hence, have a decent credit score. However, you can also take a secured loan that requires collateral, i.e. your financial assets.
How can I track my personal loan application status?
You can track your application status via email or customer service.
How can I cancel my personal loan after the loan is disbursed?
Loan cancellation is easily carried out, but a cancellation fee must be paid. However, no cancellation fee is induced if the loan application is withdrawn in the early stages.
What happens if I do not pay the amount of my personal loan?
The lender will report your account as a non-performing asset or an NPA, which will lower your credit score, resulting in lowering your credibility to get a loan further on.
How does Rupeezo help people to offer instant personal loans?
Rupeezo provides online, hassle-free loan services throughout India, bringing a quick solution to people’s monetary problems. Online documentation and our experienced hands make taking an instant personal loan a childs play.