Rufilo provides instant Credit and Small Business loans pan India from RBI-registered NBFCs. Rufilo offers an Instant Credit line of ₹ 5000 to ₹ 25,000 and the APR ranging from 14% - 28% for a tenure of 3 months - 24 months.
Example: Small business owners/self-employed can avail instant credit line of ₹10,000. The total processing fee is ~8%. The interest rate is 18% p.a for a tenure of 3 months, amount payable is ₹10,450, and APR of the loan will be 27.54%.Introduction
Rufilo - India’s fastest digital credit line based personal loan app platform, which offers salaried professionals and small business owners instant access to credit offered by RBI-approved NBFCs. Rufilo delivers the fastest line of credit approval experience with 100% paperless, digital KYC process. Once your credit line is approved, the amount is credited into your account in just 5 minutes!
Rufilo Instant Credit Loan App products:
Quick Cash - Instant Credit Line
Rufilo offers an instant credit line based personal loan to salaried customers and self-employed store owners. The amount of credit ranges from ₹5000 to ₹25,000 only with PAN, Aadhaar Card for a tenure of 24 months.
Collateral free Small Business Loans
Rufilo offers business capital loan upto ₹1,00,000/- to small business and store owners to meet to run their day to day business activities. Top category & Businesses who have benefited and availed instant credit from Rufilo
Instant credit for Kirana Shop, General Store, Grocery Store, Provision Store
Instant loan for Mobile Recharge and Electronics Shops
Quick Cash Bakery, Snacks and Juice Shops
Instant Cash Street vendors, Fruits and Vegetable shops
Small business loan for Jewellery shop, gold seller
Instant personal online credit for Medical Store, Local Pharmacy
Personal loan for Garments & tailor shop
Examples of EMI, Fees, Interest rates for instant credit products offered by Rufilo app
1. Customers getting salary can avail personal loan of ₹25,000 at Low interest rate of 22%, processing fee of ₹1,250 for a period of 12 months and onboarding fees of ₹350. This would translate to an APR 25.2%.
2. Small business/vendors get working capital loan of Rs. 20,000 @ 16% interest p.a.,Tenure of 6months, Processing fee: Rs. 300 EMI amount: Rs. 3490/month. APR: 21.33%.*Fees, tenure and interest rate may vary depending upon the customer profile. Tenure varies from 3 months to 24 monthsEligibility Criteria:
• Minimum age - 21 years
• Minimum income ₹12,000 for salaried & ₹15,000 for Small business/vendorsDocumentation:
Rufilo app is 100% digital loan app and therefore, we don’t require any physical documents!
All you have to do is enter your PAN Card number, upload a digital photocopy of your Aadhaar Card, and click a selfie to avail your instant credit line and business loan.Why Rufilo to avail Instant Credit and Small Business Loan
✔RBI-registered NBFCs with 100% digital approval
✔Instant verification and speedy credit disbursement
✔ Fair and Low rate of interest and processing fees
✔ Easy & Convenient repayment options (UPI, Debit Card, Net Banking, Bank Transfer, wallet etc.)
✔ Online personal loan approval in just 5 minutes
✔ No collateral & credit card required
✔100% secured via 256-bit SSL encryptionHow to avail Instant Credit / Small Business Loan by using Rufilo App
1. Install Rufilo - Instant Credit and Small Business Loan App
2. Register with a mobile number
3. Upload KYC documents and check your personal loan eligibility.
4. Accept the offer and get an instant approval for your loans.
5. Post-approval the loan amount is credited to your account instantly
Customer Care Number: 022-48913684
Email: [email protected]
Address: Irise Building, 1st Floor, LOMA IT Park, TTC Industrial Area,
Ghansoli, Navi Mumbai, Maharashtra 400710
Bug fixes and improvements