RupeeLelo - Personal Credit

About RupeeLelo - Personal Credit

RupeeLelo is a modern revolving credit platform designed to give users complete, transparent oversight of their approved credit facility — accessible anytime, directly from their mobile device. After a straightforward eligibility check, qualified users gain immediate access to a credit limit within the app. Your available limit remains ready whenever you need it, and fees only apply on the days you actively draw funds — keeping you firmly in control at all times.
Key Features
At-a-Glance Credit Dashboard
Monitor your approved limit, track real-time usage, and review outstanding amounts — all within a single, streamlined dashboard. You always know exactly where you stand without any guesswork.
Funds When You Need Them
You decide the timing and the amount. Draw from your credit facility whenever you choose, in the amount you need — no branch visits, no waiting, no reapplying each time.
No Hidden Costs
Every rate, fee, and condition is presented upfront before you confirm anything. What you see is exactly what you pay — no unexpected charges, no fine print surprises.
Pay Only When You Use
Your credit facility remains available at no ongoing cost. Interest only accrues on the days you actually hold drawn funds — idle credit costs you nothing.
Automatic Limit Restoration
Once you repay any drawn amount, your credit facility resets automatically to your full approved limit — ready to use again immediately, with no manual request required.
Enterprise Grade Security
Military-grade encryption and round-the-clock security monitoring ensure your personal and financial information stays protected at all times.
Credit Facility Details
- Credit Line Range: INR 10,000 – INR 50,000
- Maximum Usage Period: up to 365 days
- Daily Usage Rate: up to 0.065% per day
- Maximum Annualized Rate (APR): up to 23.73%
After settling any drawn amount, your credit facility resets to your full approved limit, subject to the current terms and standing of your account.
Cost Illustration
The example below is purely illustrative — it shows how daily-rate interest accumulates over a typical usage period.
- Amount Drawn: INR 10,000
- Daily Rate: 0.065%
- Usage Period: 100 days
Cost Breakdown
INR 10,000 × 0.065% × 100 days = INR 650
Total Repayment: INR 10,650
Your actual repayment depends on the amount you draw and the exact number of days it remains outstanding. Repaying earlier reduces your total cost.
Eligibility Requirements
- Be at least 18 years of age — you must be legally of adult age to enter into a credit agreement under Indian law.
- Hold a valid government-issued ID document — a current, verifiable identity document issued by Indian authorities is required to confirm your identity.
- Pass RupeeLelo's eligibility assessment — our review confirms your profile meets our credit standards before access to the credit facility is granted.
Customer Support
Whether you are new to RupeeLelo or an existing user, our support team is available to assist — from account setup questions to usage guidance and repayment support.
Customer service email: [email protected]