Easy Application Process
Check Eligibility
Provide basic details to check your eligibility in just 2 minutes
Select Loan Tenure
Choose your loan amount & repayment tenure
Upload Documents
Complete your KYC & Verify income
Amount Disbursed
Direct Bank A/c transfer in a few minutes!
Am I Eligible?
- Salaried or self-employed
- Monthly in-hand income of ₹10,000* or more
- Income should be received in a bank
- Min CIBIL score of 600
- Should be aged between 21 years and 57 years
- Identity proof (PAN or Aadhaar Card)
- Address proof
- Last 3 months’ statement with salary credits
Calculate Your EMI
Use our easy EMI calculator to plan your loan's EMI, interest & repayment schedule.
reviews
Manish Patel
I did not know that getting a loan is so easy and tension free. I did not have to take a leave from office for the loan. Thank you very much team.
Yukti Sharma
We are very thankful to RapidMoney for helping us in desperate times. Easy access to funds, quick disbursal, and no hassles in getting the loan for our business made it the right choice for us.
Amit Joshi
The team at RapidMoney is brilliant at handling the entire loan lending process in such an efficient manner. Thank you IndiaLends for helping us scale our project.
Hemant Mehta
My anniversary trip has been never better, thanks to your membership card, i got loan on the go for any place i want to visit.
Frequently Asked Questions
Who is eligible to apply for a loan from RapidMoney ?
The eligibility criteria to apply for a RapidMoney Personal Loans is transparent . Our basic eligibility criteria is
A salaried or self-employed individual
Monthly in-hand income of ₹10,000 or more
Income should be received in a bank
Min CIBIL score of 600
Should be aged between 21 years and 57 years
What is the maximum and minimum loan amount that I can apply for?
The minimum amount that you can borrow on RapidMoney loans is Rs.5,000. The maximum loan amount is calculated by our algorithm and can go up to Rs.15,00,000.
Am I allowed to change the loan amount once I’ve applied for it?
No, you can’t change your loan amount on the app after you’ve submitted your application. If you’ve made any errors during the application process, please email us at support@rapidmoney.in, Do keep in mind that you can’t change the loan amount or the terms after you’ve reviewed and submitted the Loan Agreement.
Can I borrow any amount that I require up till Rs 15lakh?
Our system generates the maximum amount you are eligible for based on various parameters like your credit score, income, other loans, etc. You will not be able to borrow a higher amount than this amount for this time. But, if you show consistent repayment record, we could offer you a Top-Up loan after sometime or you could be eligible for a higher amount next time.
Will I get a loan if I get my salary in cash?
At this point in time, we only give loans to those individuals who get their salary via bank transfer – directly from their employer. We will not be able to give loans to those individuals who get their salaries in cash.