RupeeRedee Personal Loan Loan Amount: From ₹ 2000 to ₹ 25000 full details in this post.
RupeeRedee some important information before taking a loan
A personal loan is a personal loan taken from any bank or financial institution that offers various types of loans.There is no specific reason for this type of loan, you can avail this loan for any purpose of your personal life.This does not happen in any other type of loan.
Whatever be your reason behind taking a personal loan, it has nothing to do with the bank or the lender. You can use this loan however you want. This is one of the most special things about this loan. In this, you can take a loan for any of your personal reasons.and the bank or the finance company will not have any meaning from this.
It is completely up to the borrower how he will use it like suppose there is an emergency in your house.
Then you can take this loan immediately, or you have to complete some of your problems but you can get more complicated for that. If you do not want to go through the paperwork, then you can fulfill your dream by taking Presnol Loan. Your best in this work Can give more support RupeeRedee easily gives loans up to 5 lakhs to its customers without any condition. Not only this, there are many other benefits of personal loan.
What is the eligibility to take RupeeRedee Personal Loan?
To take RupeeRedee Personal Loan , your age should be more than 18 years and less than 65 years.
Nationality – india
Yes, he can apply for loan through RupeeRedee. RupeeRedee does not discriminate between salaried or self-employed applicants; Everyone is welcome as long as the minimum income criteria along with other conditions are met.
What Document Required:-
- Address Proof {acceptable documents – Aadhaar}
- Latest Photograph/Selfie
- PAN Card
- Aadhar XML/OCR
- Bank Account / Access to bank account details
Loan Amount: From ₹ 2000 to ₹ 25000
Minimum Period of Payment: 62 Days
Maximum Period of Payment (Maximum Tenure): 120 Days
Maximum Annual Percentage Rate (APR): 48% to 140%
Interest rate: 4% to 6% per month
Approval fee: 4% of the loan amount (inclusive of GST)
Online Secured Charges: 6% of the loan amount (inclusive of GST)
Account Management Charges: 7% per monthly installment (inclusive of GST)
Example
Description All amounts are in INR
Loan Amount ₹ 10,000
Loan Tenure 90 Days (3 Months)
Approval Fees ₹ 339 + 18% GST = ₹ 400 4% of loan amount
Online Secure Fees ₹ 508 + 18% GST = ₹ 600 6% of Loan Amount
Interest ₹ 800
Account Mgmt Fees ₹ 1780 + 18% GST = ₹ 2100 7% of Loan Amount (Each EMI)
Repayment Schedule Below-
EMI Monthly Interest Account Principal
Period Payment (EMI) Mgmt Fees
1 ₹ 4400 ₹ 400 ₹ 700 ₹ 3300
2 ₹ 4400 ₹ 268 ₹ 700 ₹ 3432
3 ₹ 3931 ₹ 132 ₹ 700 ₹ 3268
Read more :- How to take business loan from SBI full process in 2021
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