About PocketRupee-Fast Loan
PocketRupee is an online instant personal loan platform dedicated to providing users with convenient, transparent, and secure credit services. Through a fully digital process, users can complete their loan application and obtain credit support in a short time. The application process is simple and efficient, with no paperwork required.
All steps, from application to loan agreement confirmation, can be completed directly on your mobile phone. PocketRupee offers flexible loan amounts ranging from INR 3,000 to INR 120,000, supporting a variety of financial needs such as travel, shopping, medical emergencies, and business cash flow requirements.
Why Choose PocketRupee?
1. Convenient and Efficient:A fully digital application process that saves time and effort.
2. Safe and Secure:User data is protected with secure encryption and handled in accordance with applicable data protection standards.
3. User-Friendly Experience:A simple and easy-to-use interface designed for a smooth borrowing experience.
PocketRupee User Guide
To ensure compliance and fund security, applicants must meet the following basic requirements:
1. Must be an Indian resident aged 18 years or above
2. Must have a valid mobile number and bank account
3. Must provide valid KYC documents (such as PAN, Aadhaar, etc.)
4. Must meet internal credit assessment criteria
Loan Products
Loan Amount: INR 3,000 – INR 120,000
Loan Tenure: Minimum 91 days, maximum 180 days
Maximum Annual Percentage Rate (APR): 24%
Processing Fee: Based on the loan amount and tenure
Goods and Services Tax (GST): 18% GST is applicable on the processing fee as per Indian laws and policies.
Calculation Example
Loan Amount: INR 10,000Loan Tenure: 120 daysAnnual Interest Rate: 18%
Total Interest Payable:10,000 × 18% × 120 ÷ 365 = INR 592
Processing Fee (1%):10,000 × 1% = INR 100
GST on Processing Fee:100 × 18% = INR 18
Disbursed amount:10,000 - 100 - 18 = INR 9,882
Total Repayment Amount:10,000 + 592 = INR 10,592
Estimated Monthly Payment(average) = INR 2,648APR: (592 + 100 + 18) ÷ 9,882 ÷ 120 × 365 ≈ 21.9%
Note: The above example is for illustrative purposes only. Actual loan terms, interest rates, fees, and repayment amounts may vary based on user eligibility, credit assessment, and platform policies.
Lending Partners Information
PocketRupee is a digital lending platform operated by PHRENOLOGICAL INFO AUDIT AND APP SOLUTION PRIVATE LIMITED, acting as a Lending Service Provider (LSP).
Loan products available on this platform are provided by the following regulated financial institution:
Allen's Housing & Finance Limited
A Non-Banking Financial Company (NBFC) registered with the Reserve Bank of India (RBI)
RBI Reg. No.: B.05.06399
Official website: https://allenhf.in/partner.html
How to Use
1. Download and install the PocketRupee App.
2. Register and create an account using your mobile number.
3. Submit the required KYC information (such as identity proof, address proof, PAN card, etc.).
4. After submission, the system will review your application, and the result will be displayed in the app.
5. Once approved and the loan agreement is confirmed, the loan amount will be disbursed directly to your bank account.
Contact Us
If you have any questions, please contact our professional customer support team. We are happy to assist you.
Email:[email protected]
Customer Support Hours: Monday to Friday, 9:30 AM–6:30 PM
Address:Shop No.270, Sahara Shopping Centre, Lekhraj Market, Faizabad Road , LUCKNOW, Uttar Pradesh, India - 226016.
