PayRupik Instant Personal Loan

Sayyam Investments Pvt Ltd

About this app

PayRupik is an online instant personal loan platform trusted by over 10 million users, provides you instant credit in minutes.
It is a loan product of Sayyam Investments Pvt Ltd which is a registered NBFC under RBI. You can avail loan amount ranging up to ₹50,000, process is fast, easy and safe.

If you are looking for a friend who can easily borrow money without making excuses, PayRupik is your best friend.

Production:
Loan Amount: from ₹1000 to ₹50000

Minimum Loan Tenure: 91 days
Maximum Loan Tenure: 365 days
Maximum Annual Percentage Rate (APR): 35% per annum
Processing Fee: from ₹80 to ₹2000 depend on the loan tenure and amount
GST: 18% on the processing fee in accordance with the law and policy of India

The representative example:
For the loan amount is ₹6000 and the interest rate is 25% per annum and the tenure is 120 days, then the interest payable is calculated as follows:
Interest = ₹6000 x 25% / 365 x 120 = ₹493
Processing Fee = ₹100
GST = ₹100 x 18% = ₹18

The total repayment amount in 120 days shall be ₹6000 + ₹493 + ₹100 + ₹18 = ₹6611
APR = (₹6611 - ₹6000) / ₹6000 / 120 x 365 = 30.97%

Why choose PayRupik?
✔ Transparency: PayRupik is an online loan product from RBI-certified NBFC which is guaranteed to be transparent.
✔ Instant Personal Loan: Loan amounts are disbursed directly into your account within 15 minutes. As the process is 100% online, you can get funds anytime, anywhere.
✔ Efficient: We process your instant loan application instantly in a fast way. No paperwork and no problems as we prioritize your needs.
✔ Security: Your data is safe with us. It is transferred over a secure HTTPS connection to the server, and we do not share it with anyone without your consent except the Lenders.

What should you do first?
1. Download and install the PayRupik App.
2. Create an account.
3. Upload your KYC documents, which includes your ID, address proof, and PAN card.

Eligibility:
You must be an Indian national.
You must be over the age of 18.
You must have a steady source of income on a monthly basis.

Minimal household income eligibility:
Annual household income is above Rs. 3,00,000/- (Three lacs) by all sources and means.
The term ‘household’ shall mean an individual family unit, i.e. husband, wife and their unmarried children who are above the age of 18 years.

Contact us if you have any questions:
[e-mail] or 0224-8930118
Agyathuri, Chamajali, Amingaon Guwahati Kamrup, Assam 781031

Ratings and reviews

PayRupik has been a lifesaver in times of financial need. The app is user-friendly, and the loan approval process is super quick. I was able to apply, get approved, and receive the amount in my bank account within minutes! No unnecessary paperwork or long waiting periods. What I really appreciate is the transparent terms, low processing fees, and flexible repayment options. Customer support is also responsive and helpful whenever I have queries

I applied for a loan of ₹6,500. However, ₹400 was deducted as a processing fee, and another ₹500 was deducted later. In total, ₹900 was charged without prior clarification. I received only ₹5,500 in hand, but the repayment amount shown is ₹7,810. The interest rate and hidden deductions are extremely high and unclear. All fees, charges, and terms should be clearly explained to customers before approving or disbursing the loan. Transparency is very important in financial services.

Worst customer care experience, the way they talk with customer is worst, there is no proper training is conducted in Whitefield branch, As I observed. as they told me that New joinee will take a calls after a day of joining only ..... Don't use this app, interest rate, customer support, your data will not safe.

What’s new

Implemented several enhancements to interactive features throughout the app, aiming for a more fluid and engaging user experience.