Rupee Redee Loan is an instant loan app that offers you quick financial solutions. Whether you have outstanding bills, rent, sudden travel plans, or last-minute grocery shopping to do, Rupeeredee offers you a hassle-free way to get a loan of up to ₹1,49,000 in just 30 minutes.
With a Rupee Redee loan, you can get an instant personal loan starting from ₹1000 at an interest rate of 12% p.a. onwards. It also offers a simple application process, minimal documentation, and quick disbursal, helping you get the funds you need on time.
Rupee Redee loan offers quick approval of 10 minutes and disbursal of the loan amount in 30 minutes. Ensuring that you get the funds you need on time.
Rupee Redee Personal Loan Details
Rupee Redee offers you a personal loan that provides the following details, helping you plan your finances as per your requirements.
| Loan amount | ₹1000 – ₹1,49,000 |
| Minimum Monthly Income | ₹10,000 |
| Tenure | 3 – 12 months |
| Credit Score | No Credit Score Required |
| Documentation | Online, paperless documentation |
Note: The above-mentioned details are subject to change as per the lenders.
Are you looking for a personal loan?
Get Personal Loan Online Up to ₹15 Lakhs By entering your number, you're agreeing to Terms & Conditions & Privacy Policy.
Rupee Redee Loan Interest Rates & Charges
Rupee Redee offers you attractive interest rates and minimal charges on your instant loan. Understanding the interest rate and charges helps you understand how much you need to repay and the overall cost of the loan. While it offers no membership or upfront fees, here are the Rupee Redee loan interest rates and charges:
| Interest Rate | 12.00% – 30% p.a. |
| Processing Fee | Starting at ₹349 (upto 10% to 15% of the loan amount) |
Note: The above-mentioned rates are subject to change with the finance market and differ marginally with respect to the individual banks.
Rupee Redee Personal Loan Eligibility Criteria
There are several eligibility criteria that you must meet to get a loan from Rupeeredee, these are given below:
- Must be an Indian resident.
- Must be more than 18 years of age.
- Must be salaried or self-employed.
- Must earn a minimum monthly income of ₹10,000.
Documents Required for Rupee Redee Loan
Rupee Redee asks for minimal documents when applying for a loan. These documents help them verify your identity, address, and income proof. The documents you need to submit are as follows:
- Aadhar Card
- Pan card
- 6 months bank account statement and salary slips
- Selfie
Personal Loan EMI Calculator
When considering a personal loan, it’s important to know the monthly EMI you’ll be paying. Estimating your EMI is important which you can calculate using the Buddy Loan EMI calculator. Easily calculate your EMI with the help of your loan amount, interest rate, and repayment tenure.
With the EMI Calculator, you can quickly determine your repayment amount and schedule. Simply enter the loan amount, interest rate, and tenure, and your estimated EMI amount will be displayed.
Your Amortization Schedule (Yearly/Monthly)
Calculating your EMI in advance can help you plan your budget efficiently, as it allows you to understand your monthly obligations. Additionally, it helps you compare different loan options, ensuring you secure the best terms that fit your financial needs.
Rupeeredee Loan Features & Benefits
Rupee Redee loan offers several features and benefits, including:
- Instant Loan Approvals: Get loan approvals and disbursals within 30 minutes, making sure you get quick access to funds when you need them most.
- Loan Amounts: You can borrow a loan from ₹1000 to ₹1,49,000, helping you meet your financial needs, whether big or small.
- Flexible Repayment Options: Easily repay your loan with flexible repayment tenures ranging from 3 to 12 months.
- Minimal Documentation: The application process is simple with minimal documentation required, making it easy for anyone to apply.
- No Credit Score Required: Get loans even without a high credit score as Rupeeredee does not ask for a credit score.
- User-Friendly Mobile App: Conveniently apply for loans at any time from anywhere through the easy-to-use Rupee Redee mobile app.
- Low Processing Fees: Enjoy competitive processing fees starting at just ₹349.
- Safe and Secure Transactions: Rupee Redee loans offer advanced IT systems and strict data security measures to ensure your personal and financial information is protected.
- 24/7 Access: Apply for a loan anytime and get 24/7 rupeeredee loan customer care assistance, as the app provides round-the-clock service without the need for branch visits.
Don’t know your credit score? You can find out for free!
Compare Rupee Redee Loans With Other NBFCs
Comparing the personal loans offered by other NBFCs is important, as it helps you understand the different loan terms offered. By comparing the different loan amounts and interest rates you can get the best loan terms that suit your financial capacity. Below are the different NBFCs that are offering personal loans, along with their interest rates:
| Personal Loan by NBFCs | Interest Rates |
|---|---|
| Rupeek | 0.49% to 1.69% p.m |
| PaySense | 1.4% – 2.3% p.m. |
| Zype | 1.5% p.m. |
| Nira | 2.00% p.m. |
| CASHe | 2.50% p.m. |
| Pocketly Loan | 3.00% p.m. |
| Upwards | 9.00% p.a. |
| Money view | 10.00% p.a. |
| IndiaLends | 10.25% p.a. |
| Loanbaba | 10.50% p.a. |
| MyMoneyMantra | 10.50% p.a. |
| Tata Capital | 10.99% p.a. |
| Buddy Loan | 11.99% p.a. |
| L&T Finance | 12.00% p.a. |
| Shriram Finance | 12.00% p.a. |
| MoneyTap | 13.00% p.a. |
| Dhani | 13.99% p.a. |
| Fibe | 16.00% p.a. |
| Aditya Birla Capital | 10.00% – 16.00% p.a. |
| Prefr | 10.00% – 36.00% p.a. |
| Bajaj Finance | 11.00% – 38.00% p.a. |
| Faircent | 12.00% – 28.00% p.a. |
| IIFL | 12.75% – 44.00% p.a. |
| InCred | 13.99% – 42.00% p.a. |
| Kredit Bee | 16.00% – 29.95% p.a. |
| FlexSalary | 18.00% – 54.00% p.a. |
| Phocket | Up to 36.00% p.a. |
| mPokket | Up to 48.00% p.a. |
Read More
Read Less
Note: The above-mentioned rates are subject to change with the finance market and differ marginally with respect to the individual banks
Do you need an instant loan?
Apply for Personal Loan with Quick Approval
You can also check out more personal loan options based on the loan amounts below:
Steps to Apply for Rupee Redee Loan
Applying for a Rupee Redee loan is simple, all you need to do is follow the steps given below:
Step 1: Download and install the Rupee Redee application.
Step 2: Click ’Apply Now’ and fill in the application form.
Step 3: Upload your Aadhaar, PAN card, and Selfie.
Step 4: Get approval within 20 minutes.
Step 5: Get the loan amount credited within 30 minutes.
Steps to Apply for Rupee Redee Loan with Buddy Loan
You can also apply for a Rupeeredee loan through Buddy Loan, here are the steps that you can follow:
Step 1: Visit buddyloan.com or download & install the Buddy Loan app (Android or iOS).
Step 2: Open the personal loan application page. Provide the mobile number and enter the received OTP.
Step 3: Specify the amount you wish to borrow.
Step 4: Enter your personal email.
Step 5: Select ‘Personal Loan’
Step 6: Choose from Salaried, Self-Employed, or Student.
Step 7: Indicate if your salary is deposited in the bank or received in cash.
Step 8: Fill in details like Company Type, Name, Address, Years in the current job, and Designation.
Step 9: Input your Date of Birth, Gender, Highest Qualification, PAN Number, First Name, and Last Name.
Step 10: Specify residence type, Years at the current address, and your address Pincode.
Step 11: Provide monthly income, select the preferred bank for the loan, and opt for a Credit Card if needed.
Step 12: Click the ‘Submit’ button to send your personal loan application.
Want to know more? You can check more on different loan types available by various lenders from the table below:
Are you looking for an emergency loan?
Get Personal Loan Online Up to ₹15 Lakhs
By entering your number, you're agreeing to Terms & Conditions & Privacy Policy.
Frequently Asked Questions
Find answers to common questions about this topic
