RepidCashBy Repeeed Cash Technologies Private Limited
RepidCash is a fast, convenient and transparent loan application designed to cater to people who need to solve short-term financial problems. With a friendly and easy-to-use interface, the application helps users to access and apply for a loan quickly and simply. Key features of Repid Cash include online loan application, fast approval and transfer, along with clear and reasonable interest rates.
Advantages for the application:
- Loans up to Rs 500,000.
- Fast loan browsing: online registration, fast browsing and quick transfers.
- Privacy of personal information: data is encrypted throughout the process and guaranteed safe
Conditions of approval
- Loan: Long-term resident citizen of India Age: 20 years or older
- Income: Have a stable job and source of income
Steps to use the app:
- Download the RepidCash app here and register with your mobile number
- Fill in personal information
- Submit a loan application and wait for approval
- Once approved, the amount will be transferred to your account
Repid Cash provides fast and efficient loan service to users, helping them meet short-term financial needs easily. With an attentive and dedicated customer support team, RepidCash is committed to providing the best loan experience to its customers.
How to calculate loan cost:
With a loan of Rs 20,000 for 120 days, the cost is determined as follows: Daily interest: 18.25%/365 = 0.05% Daily interest to be paid: 20,000 * 0.05% = Rs 10 Monthly interest need to pay: 20,000 * 0.05% * 30 = 300 Rs Monthly payment: 20,000 * 0.05% * 30 + 20,000 / 120 * 30 = 5,300 Rs Total interest: 20,000 * 0.05% * 120 = 1,200 Rs The total repayment amount at the end of the loan is 20,000 + 1,200 = Rs 21,200
Once the loan application is approved, the user will receive Rs 20,000 of loan capital; At the end of the loan, the user will pay the total amount of capital and interest with no other incurred fees. Feature is no hidden costs.
APR and Fees: Loan from Rs 5,000 to Rs 500,000 Loan period from 91 days to 120 days Loan interest rate (maximum annual interest rate) 18.25% No hidden fees, clear and transparent fees
RepidCash – Fast Cash Loan App is a product of Mitrata Inclusive Financial Services Pvt. Ltd., an NBFC registered company in partnership with RBI and Mitrata Inclusive Financial Services Pvt. Ltd. Contacting the app, you can send an email to: [email protected] or WhatsApp Customer Service Monday to Sunday from 9:00am to 18:30pm!