|App Name||Mobile Loans|
|Get it On|
|Update||May 11, 2022|
1.Online application with high loan amount up to ₹ 20,000
2.Low interest rate: annualized rates between 18% and 10%
3.Loan term: 100 days – 180 days
4.Maximum Annual Percentage Rate (APR)：18%
5.If amount is ₹10,000 & interest is 15% per annum with cycle of 100 days; after deducting other fees
Daily Interest: ₹10,000 x 15% / 365days = ₹4.11;
Total Interest: ₹10,000 x 15% / 365days x 100days = ₹411;
Daily Repayment: ₹10,000 / 100days + ₹4.11 = ₹104.11;
Total Repayment: ₹10411
Sample Monthly Payment:
For example, the repayment is calculated from April 1, the monthly repayment details are as follows:
April: 30day * Daily Repayment = ₹3123.3
May: 31day * Daily Repayment = ₹3227.41
June: 30day * Daily Repayment = ₹3123.3
July: Pay off the surplus: Total Repayment – (April + May +June) = ₹936.99
Get loan with zero collateral and low interest rates. Indi Rupee evaluates the customer’s credit standing based on big data and offers the most suitable loan products, and related services through intelligent matching, offer you the benefits of an easy personal loan. Borrow any amount starting from ₹5000 to ₹2000 and transfer the amount directly to your bank account.
How is Indi Rupee different from any other traditional Indian personal loan app?
1.You just need to complete the personal credit certification within three steps;
2.Our system gives you an instant loan online with a 100% paperless process, no bank visit;
3.Once you have passed our credit certification, you can come to us at any time for the remaining loan
Mobile Loans has partnered with RMoney View has partnered with RBI-authorised & regulated NBFCs/Financial Institutions.
Including UTTRAYAN FINANCIAL SERVICES PRIVATE LIMITED, VARDHMAN HOLDINGS LIMITED, TVS CREDIT SERVICES LTD
Our policies and services are fully regulated and legally compliant.
Security & Protection of Privacy
Data security & privacy is a top priority at Indi Rupee. Our back-end APIs comply with mandated security standards and robust protocols which have been tested and certified by our partner bank’s IT team.
Download our app now and have a fun journey of borrowing money!
1. Made some compatibility updates.
2. Optimize user experience.
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