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, providing quick access to credit through a simple and secure digital process.
PayRupik is a lending product of Sayyam Investments Pvt Ltd, a Non Banking Financial Company (NBFC) duly registered with the Reserve Bank of India (RBI). Through the PayRupik app, eligible users can avail personal loans of up to ₹2,50,000 through a fully digital and convenient process.
If you are looking for a reliable partner to help manage short term financial needs without complicated procedures, PayRupik is here to help.
Loan Details
Loan Amount: Up to ₹2,50,000
Loan Tenure: 91 days to 180 days
Maximum Annual Percentage Rate (APR): 35.04%

Interest and other charges are calculated based on the approved loan terms and tenure for the borrower. The final repayment amount, including interest and applicable charges, will be clearly displayed to the user before confirming the loan agreement within the app.
Why Choose PayRupik
Transparency
PayRupik offers instant digital loans with clear information about loan terms and charges.
Instant Personal Loan
Loan amounts are transferred directly to your bank account once approved. The process is fully digital and can be completed anytime.
Efficient Process
Apply for a loan through a quick and simple application flow without physical paperwork.
Security
Your data is protected and transmitted through secure HTTPS connections. Information is never shared without your consent except where required by lenders or regulations.
What Should You Do First
1. Download and install the PayRupik App
2. Create an account using your mobile number
3. Upload your KYC documents, including PAN card and address proof
4. Complete verification and submit your loan application
Eligibility
You must be an Indian national
You must be more than 20 years of age
You must have a steady monthly source of income
Representative Loan Example
Loan Amount: ₹10,000
Loan Tenure: 120 days
Processing Fee: 4%
GST on Processing Fee: 18%
Annual Percentage Rate (APR): 35.04%
Monthly Percentage Rate: 2.92%
Daily Percentage Rate: 0.096%
Interest Amount: ₹1,152 = ₹10,000 × 35.04% × (120 / 365)
Processing Fee: ₹400 = ₹10,000 × 4%
GST on Processing Fee: ₹72 = ₹400 × 18%
Total Charges: ₹1,624 = ₹1,152 + ₹400 + ₹72
Total Repayment Amount: ₹11,624 = ₹10,000 + ₹1,624
Important Disclaimer
Loan approval, loan amount, interest charges, and tenure are subject to credit assessment and may vary based on the applicant’s profile and risk evaluation.
PayRupik does not guarantee loan approval. All loans are provided at the sole discretion of the lending partner as per applicable regulations.
Contact Us
If you have any questions, feel free to contact us:
Email: [e-mail]
Phone: [phone]
Address:
Agyathuri, Chamajali, Amingaon Guwahati Kamrup, Assam 781031

Ratings and reviews

Extremely Disappointing & Expensive Loan App One of the worst loan apps I’ve used. The loan is structured for roughly 2 months, which can make the high interest/overall cost easy to overlook. ₹94,000 was credited to me, but I had to repay around ₹1,17,000. Even early repayment didn’t meaningfully reduce the amount in my experience. Please calculate the total repayment before accepting. Use this app only if you have absolutely no other option.

What I like about this app is that it rewards good behavior. If you pay on time it'll give you a better amount and almost immediate disbursement. The only problem is High interest rates and very short Tenure. 2months!? But atleast they're upfront about it and we know what we're signing up for. They won't bother you much with calls before due date. Please work on the tenure part team. Give better options to non defaulters

PAYRUPIK seems like a good and reliable loan app, and I have a ₹30,000 credit limit. However, the only available tenure options are 61 days, which makes the monthly repayment very high. For example, borrowing ₹30,000 results in around ₹7,000 in interest/charges, with approximately ₹18,790 to be paid per month. This makes it difficult to actually use the full credit limit. Please consider adding longer repayment options such as 6, 9, or 12 months with reasonable interest rates.

What’s new

1. Offer users a more favorable interest calculation method for repayment.
2. Upload bank statements and complete video KYC to unlock more borrowing benefits.
3. Users are required to update their information regularly according to RBI requirements.