RYPay offers a range of loan solutions tailored to meet your needs, whether for personal expenses, business growth, or specific projects. Our loans come with competitive rates and flexible terms to suit your financial goals.
Loans are essential financial tools that provide access to funds when you need them most. They help individuals and businesses manage cash flow, invest in growth opportunities, and cover unexpected expenses. Properly managed loans can also help build credit history and financial stability.
RYPay offers personalized loan solutions with flexible terms and competitive rates. Our dedicated team works with you to understand your financial needs and provides tailored advice to help you achieve your goals. With our streamlined application process and quick approval, getting a loan has never been easier.
Our loan products are designed to be transparent and customer-friendly. Enjoy benefits such as no hidden fees, flexible repayment options, and dedicated support throughout your loan term. Apply now to experience a hassle-free loan process with RYPAY.
Loans
We offer personal loans of up to ₹1.25 lakh to meet various personal expenses such as marriage, consumer durable purchases, travel, holidays, and more.
Eligibility for Non-Salaried Personal Loans
- Non-salaried individuals with a regular source of income.
- Minimum age of 23 years.
- Maximum permissible age at the end of repayment is 55 years, subject to an assessment of income adequacy.
- Applicants must be a customer of our bank for at least 6 months prior to loan consideration.
- Applicants should maintain an average quarterly balance of ₹10,000 and have a satisfactory account conduct, with no financial cheque returns or adverse features.
Nature of Facility
- Term Loan
Quantum
- Minimum Amount: ₹30,000
- Maximum Amount: ₹1.25 lakh
- New/first-time borrowers: ₹50,000
- Existing borrowers with a satisfactory repayment record of 2 years: ₹5.00 lakh
- Tenure: Up to 36 months
Investment Strategy
Debt as an asset class provides regular, predictable returns at lower risk. It is a passive investment strategy. By investing in debt or loans, organizations and individuals can expand their business and income, providing returns/interest to the debt provider. While traditional debt products like mutual funds and bonds offer lower returns, our high-yield debt products offer compelling returns compared to fixed deposits. The debt market is vast, with significant high-return opportunities previously unavailable to retail investors.