MagicRupee

【Representative Example】
For a loan of Rs. 3,000,000 with a period of 6 months, the fees charged are as follows:
Monthly interest rate：30%/12=2.5%
Monthly interest：Rs. 3,000,000*30%/12=Rs. 75,000
Monthly service fee：Rs. 3,000,000*0.42%=Rs. 12,600
Monthly payment amount：Rs. 3,000,000/6 + Rs. 3,000,000*30%/12+Rs. 3,000,000*0.42%=Rs. 587,600

Total interest: Rs. 3,000,000*30%/12*6= Rs. 450,000
Total service fee：Rs. 3,000,000*0.42%*6=Rs. 75,600
Total refund fee: Rs. 3,000,000+ Rs. 3,000,000*30%/12*6+ Rs. 3,000,000*0.42%*6= Rs. 3,525,600

Products Info:
Minimum and maximum period for repayment: 91 days (shortest, including renewal)-730 days (longest, including renewal)
Maximum Annual Percentage Rate (APR): 35%

The maximum loan amount is ₹3 Lakhs and the Minimum loan amount is 2000
Average interest rate ranging: 1.35% to 2.9% /month (depending on product availed)
Transaction fee: 0
Processing Fee: 2% to 3.3%

MagicRupee is an online loan platform that provides all kinds of well-selected loan products, aiming at meeting different people's needs. We provide our customers with the safe and diverse loan products as well as related services. It's a professional loan market who services in a variety of online loan products. You just need to download then MagicRupee you can apply for various loan products.

Eligibility:
Indian Resident
20-56 years old.
Source of a monthly income.

How it works？
1. Install the APP from Google Play.
2. Choose and click the loan product in the APP.
3. Fill out your information then submit the application.
4. View and confirm the Loan Agreement
5. Waiting for the result.

Privacy and Permissions:
Your privacy is very important to us. Your personal information will never be shared without your direct and explicit permission

Contact Us:
Mail: [email protected]
Working hours: 10 a.m. - 19 p.m. (Monday to Friday)
Address:Krishna Nagar, Sector 13, GURUGRAM Gurgaon HR 122001 IN