rupeval

Instant Personal Loans: made simple

Empower your dreams with RupeVal's instant

personal loans – fast, flexible, and reliable.

Access up to ₹4 Lakhs instantly for your financial needs.

Flexible repayment terms from 3 months to 1.5 years.

Quick approval and hassle-free disbursal directly to your bank account.

Use funds for travel, medical emergencies, home renovations, education, and more.

Transparent terms with no hidden fees for a clear borrowing experience.

Quick Funds at Your Fingertips

We provide instant personal loans from ₹1,000 to ₹4,00,000, with flexible repayment terms up to 18 months. Whether you need to cover unexpected expenses, make a big purchase, or fulfill any personal financial need, our seamless digital loan process ensures you have the funds when you need them. Live your best life without financial worries.

Instant Personal Loan from RupeVal

A personal loan is a flexible, unsecured loan that helps you meet your financial needs without the need for collateral. With minimal documentation required, personal loans are easier to apply for than home or car loans. They can be used for a wide range of purposes, from home improvements to major purchases. Applicants must have a steady income and a good credit history. Since these loans are unsecured, interest rates are generally higher than those for secured loans. Use the funds as needed, but it’s wise to borrow only what is necessary for sound financial decisions. (See the section ‘Processing fees and interest charges’ for more information).

Features

Simplified Documentation: Requires minimal paperwork compared to traditional bank loans

Speedy Disbursement: Get your loan amount quickly after approval.

Accessible Anywhere: Apply online from any-where with internet connectivity.

Effortless Application: Complete your applica-tion in just 15 to 20 minutes.

No Need for Collateral: Unsecured loans mean no requirement to showcase assets.

Intuitive Interface: Enjoy a user-friendly platform for a smooth application experience.

Uses

Debt Consolidation: Combine high-interest debts like credit cards, medical bills, or student loans into a single, lower interest rate loan.

Large Purchases: Use for significant expenses like buying a car or covering wedding costs.

Business Startup: Invest in initial costs for starting a business.

Emergency Expenses: Cover unexpected costs like repairs or medical emergencies.

Medical Expenses: Pay for procedures or treat-ments not covered by insurance.

Home Improvements: Renovate your home affordably.

Flexible Personal Loans for Every Need

Our personal loans are designed to meet a variety of needs. Whether you're planning a long-awaited vacation, renovating your home, purchasing a new mobile phone, buying your dream car, or getting a two-wheeler, our loans can help turn your dreams into reality.

At RupeVal, we're here for you whenever you need us.

Education Loan

Marriage Loan

Home Renovation Loan

Medical Loan

Travel Loan

Consumer Durable Loan

Car Loan

Mobile/Laptop Loan

Two Wheeler Loan

Eligibility Criteria for Personal Loan

Obtaining a personal loan with us is straightforward when you meet the following eligibility criteria:

Nationality: Indian

Employment: Both salaried and self-employed

CIBIL Score: Minimum 685

Monthly Income: More than ₹25,000 per month

Note: These eligibility parameters are indicative and subject to change

Required Documents for Your Personal Loan Application

Preparing the necessary documents for your personal loan application is essential. Here are the documents you will need:

Identity Proof: Voter ID Card, Passport, Driving License, Aadhaar Card, PAN Card, etc.

Residential Proof: Voter ID Card, Utility Bills (Electricity and Water Bill), etc.d

Income Proof Salary Slip (for salaried individuals), Audited financial record (for self-employed individuals), bank account statement.

Process to Apply for a Personal Loan

Your Mobile Number and OTP

The initial step involves entering your mobile number and verifying it by providing the OTP sent to your registered mobile device.

Your Loan Requirements

Specify the desired loan amount and choose a repayment period that suits you. Then, provide your PAN card details and email ID.

Your Employment Details

Choose your employment type and provide additional pertinent details about your profession.

Your Personal And Other Details

Provide details such as gross annual income, savings account details, name, date of birth, address, and any existing debt obligations.

Your Loan Request Submission

Finally, check the declaration box and click the 'Submit' button.

RupeVal’s Instant Loan Offer

RupeVal offers short-term personal loans from ₹1,000 to ₹4,00,000, payable over a period of 3 months to up to 18 months.

Essential Considerations Before Applying for a Personal Loan

Choose the Right Loan: Select a loan amount that meets your needs to avoid unnecessary liabilities and high monthly payments.

Check Loan Disbursal Time: Quick disbursal is crucial for urgent needs. RupeVal disburses loans within hours after approval, ensuring timely access to funds.

Select a Credible Lender: Verify the lender’s credibility. Modern options like RupeVal offer convenience and reliability.

Maintain Good Credit: Pay past dues on time to ensure a positive credit rating and better loan terms.

Simplify the Application Process: New-age lenders like RupeVal require minimal documentation and offer online applications for loans from ₹15,000 to ₹4,00,000.

Understand Total Costs: Review all charges, including interest, processing fees, and late fees, by reading the lender's terms and conditions.

Ensure Repayment Capacity Only take a loan if you can comfortably manage the EMI payments to avoid penalties and credit score damage.

Frequently Asked Questions

What is an instant personal loan?

An instant personal loan is a type of unsecured loan that provides quick access to funds without the need for collateral. It's designed to meet urgent financial needs with minimal documentation and fast approval processes.

How can I apply for an instant personal loan?

Applying for an instant personal loan is easy. Simply fill out our online application form with your personal, financial, and contact details. Upload the required documents and submit your application. Our team will review it promptly.

What are the eligibility criteria for obtaining an instant personal loan?

Eligibility criteria typically include age (usually 21 years and above), stable income, good credit history, and specific documentation (such as identity proof, address proof, and income statements).

How quickly can I get approval for an instant personal loan?

Approval times vary, but we strive to provide quick decisions. Once your application is complete and meets our criteria, you can expect approval within a short period.

Are there any hidden fees or charges associated with instant personal loans?

At [Your Company Name], we believe in transparency. Any applicable fees or charges, including processing fees, interest rates, and late payment penalties, are clearly communicated upfront.

Can I prepay my instant personal loan? Are there any penalties?

Yes, you can prepay your loan. We encourage responsible financial management. Prepayment terms, including any applicable penalties, are outlined in your loan agreement.

What happens if I miss a repayment on my instant personal loan?

If you miss a repayment, contact our customer support immediately. We offer solutions to help you manage unforeseen circumstances and avoid negative impact on your credit score.

Is my personal information secure when applying for an instant personal loan?

Yes, we prioritize the security of your personal information. Our website and application processes are encrypted to protect your data.

Can I track the status of my instant personal loan application online?

Yes, you can track your application status through our secure online portal. We keep you informed at every step of the process.

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T&C

Personal Loans

A personal loan is a credit facility that does not require collateral and is offered by banks and NBFCs to employed individuals.

Benefits

Rapid disbursal ensures timely access to funds.

Simplified application process with minimal documentation requirements.

Flexible use of funds tailored to your needs.

Access to substantial loan amounts, potentially exceeding Rs. 40 lakh based on lender approval.

Eligible borrowers may qualify for pre-approved loans with instant disbursal.

Choose from various repayment terms, with options extending up to 5 years or more.

Eligibility Requirements for Personal Loans

Age: Applicants should be between 18 and 60 years old.

Income: Salaried individuals must have a minimum monthly income of Rs 15,000.

Credit Score: A credit score of 750 or higher is preferred, as it improves the chances of loan approval and may qualify you for lower interest rates.

Employment: Only individuals whose salaries are credited to a bank account are eligible.

Employment Stability: Applicants should have at least one year of continuous employment, with at least six months in their current job.

Residency: Proof of stable residency, typically at the current address for at least one year.

Documentation: Required documents include identity proof, address proof, income proof, and bank statements.

Understanding the Annual Percentage Rate (APR) on Personal Loans

At RupeVal, we connect borrowers with a network of trusted lending partners, offering personal loans with APRs typically ranging from 11.29% to 35%. The actual rate depends on your financial situation and loan requirements, ensuring you get a personalized offer.

Key Features of RupeVal's Personal Loans

Flexible Loan Terms: Loan durations range from a few weeks to a maximum of 60 months (5 years), providing you with options that fit your financial planning.

Competitive APRs: With APRs starting at 11.29%, we strive to offer you the most favorable rates available through our partners.

Transparent Fees: All fees, including processing charges, are clearly outlined in the loan agreement to help you understand the total cost of your loan.

Example Loan Scenario

Loan Amount: ₹5,00,000

Annual Interest Rate: 11.50%

Repayment Tenure: 5 years

Processing Fee: 1.5% of the loan amount (₹7,500)

APR: 12.16%

EMI: ₹10,996 per month

Breakdown

Principal Amount: ₹5,00,000

Total Interest Charges (at 11.5%): ₹1,59,778

Loan Processing Fees (at 1.5%): ₹7,500

Total Amount Paid after 5 Years: ₹6,67,278

Note: Interest rates and processing fees may vary based on the lender's policies and the specific loan product you choose.

Why Choose RupeVal for Personal Loans?

Personalized Loan Offers: We match you with loan offers tailored to your financial profile and needs.

Fast Approval Process: Our streamlined application process ensures quick approval and disbursal.

Secure and Confidential: We prioritize your privacy and security, ensuring your personal information is protected.

How to Apply for a Personal Loan with RupeVal

Submit Your Application: Fill out our easy online application form with your basic details.

Get Matched: Receive loan offers from our lending partners.

Choose Your Offer: Select the loan offer that best suits your needs.

Receive Funds: Once approved, the funds are disbursed directly to your account.

Disclaimer: RupeVal functions as a loan aggregator and provides services on behalf of its partners, who are duly authorized for this purpose.

Office Address

AN 85 Shakuntala Nagar

Rajharsh Colony Kolar

Bhopal, Madhya Pradesh 462042