Rushloan App is owned and operated by Rexcin. Rushloan is a trusted platform and we are the simplest, personalized financial wellness app to help you take control of your finances.
Rexcin Finance Pvt. Ltd. is a third-party platform that facilitates registered non-banking financial companies (NBFCs) or banks to lend to users. We are responsible for the development, operation, and advertising of Rushloan App and are not involved in the management or recovery of loans granted to end users. . The cooperation has been displayed on the websites of both parties. Some partners provide multiple different products. For detailed product information, please check the website or contact us.
Authorized company
Pal Credit & Capital Limited
Thunder Traders Ltd
Bharat Udyog Limited
Authorized product details:
Product Details:
Loan Amount: ₹1,500 to ₹1,20,000
Minimum Credit Tenure: 91 days
Maximum Credit Tenure: 365 days
Maximum Annual Percentage Rate (APR): 18.25%
Processing Fee: ₹80 to ₹2,000 based on Credit tenure and withdrawal amounts
GST: 18% on processing fees in adherence to Indian laws and policies
Credit Line Determination.
Line of Credit Example:
For a loan amount of ₹6,000, credit line amount of ₹36,000, maximum APR of 18.25% per annum, and a loan tenure of 120 days:
Interest = ₹6,000 x 18.25%/365 x 120 = ₹360
Processing fee = ₹100
GST = ₹100 x 18% = ₹18
Total repayment in 120 days is `6,000 + `360 + `100 + `18 = `6,478. Notably, Cash Box calculates interest solely on the withdrawn amount of `6,000.
Download the Rushloan app and complete the installation.
Register and log in using your mobile number.
Choose your favorite product, download and apply.
contact us:
Product consultation: [email protected]
Customer service: [email protected]
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