ShinyRupee is one of India’s top loan platforms for Indian mobile users. We provide our users with qualified loan products 7*24 completely online. No paperwork or credit card needed, use your phone even apply a loan at home. Computer review process results in high efficiency.
Loan application process is secure and safe. If customers pay back their loans on time, they can take next loans without any other documentations. Furthermore, Credit Card is not required for getting loans from ShinyRupee.
a) An Indian Citizen
b) Between 18-60 years old
c) Salaried/self-employed with regular source of income
a) Loans Amount: ₹ 3,000 to ₹ 50,000
b) Loan Tenure: 91 days to 180 days (including extension time)
c) APR: Up to 30%
d) Service fee: 10%~20% according to customer's credit history
e) No membership or upfront fees
If the loan amount is ₹ 10,000, APR is 15% and service fee is 5% with the tenure of 180 days, the total amount to pay on the due date is
Interest = ₹ 10,000 x 15%/365 x 180 = ₹ 740
Service fee = ₹ 10,000*5% = 500
Total amount disbursed will be ₹ 9,500 (₹ 10,000 – ₹ 500)
Total amount to repay will be ₹ 10,740 (₹ 10,000 + ₹ 740)
Monthly amount to repay will be ₹ 1,790 (₹ 10,740 / 6)
Penalty is charged only when users delay their scheduled payment.
Steps to apply a loan on ShinyRupee:
1. Download ShinyRupee App from google play store and install.
2. Register an account with your mobile number.
3. Fill in basic details.
4. After the submission, the result will be shown in the APP. If approved, user will receive a text message via SMS and loan amount will be disbursed into the bank account.
All the transactions are secured via a 256-bit SSL encryption. All the data are transferred over secured connections. We do not share your data with any third parties without your consent. Your data is totally safe with us.
Any questions about using ShinyRupee, please Contact:
Customer Service Email: [email protected]
Address: 7A, 3rd FLOOR 5th CROSS ROAD ST. THOMAS TOWN MAIN ROAD, KAMMANAHALLI, BANGALORE-560084. BANGALORE Bangalore KA 560084 IN