Bright Cash Personal Credit Loan App

Loan amount: From ₹1,000 to ₹200,000
Interest rates: From 0% to 29.95% per annum
Tenure: 91 days to 15 months

Bright Rupee is an Instant Personal Loan App & Credit Platform for Young Professionals across India, where you can apply for Instant Personal Loan Online & avail up to ₹2 Lakh as Direct Cash Transfer to Bank Account.

Bright Rupee is a platform facilitating the loan transactions between the borrowers and the NBFCs/Banks. All loan applications are approved and sanctioned by NBFCs/Banks registered with RBI and communicated upfront during Loan application.

One of our primary partner NBFCs - Krazybee Services Private Limited is a Systemically Important NBFC within the group companies carrying the Bright Rupee brand.

Loan Types

Flexi Personal Loan - A flexible loan option where you can avail loans within 10 minutes as direct bank transfer. All you need is your PAN Card & Address Proof to avail ₹1,000 to ₹50,000 for a tenure ranging from 91 days to 6 months.

Personal Loan for Salaried - A personal loan option where you can avail amounts from ₹10,000 to ₹2 Lakhs as direct bank transfer for tenure ranging from 3 to 15 months. All you need is your PAN Card, Address Proof and Salary Proof.

Online Purchase Loan - A loan option where you can Buy anything Now, Pay Later in EMIs. Via this option, you can avail E-vouchers on Bright Rupee App on loan, purchase on Bright Rupee partner platforms like Flipkart, Amazon & many more through those e-vouchers, and pay later in EMIs.

Personal Loan for Salaried example:
Loan amount: Rs. 50,000
Tenure: 12 months
Interest Rate: 20% per annum
Processing Fee: Rs. 1,250 (2.5%)
New customer onboarding Fee: Rs. 200
GST on Processing and Onboarding Fees: Rs. 261
Total Interest: Rs. 5,581
EMI: Rs. 4,632
APR: 23.2%
Loan amount is Rs. 50,000. Disbursed amount is Rs. 48,289. Total loan repayment amount is Rs. 55,581

Flexi Personal Loan example:
Loan amount: Rs. 10,000
Tenure: 3 months
Interest Rate: 27% per annum
Processing Fee: Rs. 500 (5%)
GST on Processing Fees: Rs. 90
Total Interest: Rs. 453
EMI: Rs. 3,484
APR: 32%
Loan amount is Rs. 10,000. Disbursed amount is Rs. 9,410. Total loan repayment amount is Rs. 10,453

Features

1. 100% Online process
2. Fast approval
3. Immediate bank transfer

Eligibility

1. Above the age of 21 years
2. Should have monthly source of income

How to get started

1. Install Bright Rupee App
2. Create your account
3. Fill your basic details to check first level eligibility
4. Upload KYC documents - ID, Address Proof
5. Avail Loan as bank transfer or E-voucher as per your request

Fees & Charges
Interest rates range from 0%-29.95% with equivalent monthly interest rate of 0%-2.49% only.
A small processing fee is charged for loans e.g. for low risk customers 0% - 3% of the principal, for very high-risk customers 2.5% - 7%*.
Bright Rupee charges one-time service fee while onboarding or during upgrade which is ₹20-₹350 depending on the risk profile.
*The charges and repayment tenures vary based on creditworthiness and repayment ability of the customers. Penalty is charged only when someone delays their scheduled payment.

Contact Us
Email: [email protected]

Address
1st Floor, Deren App., dairy road,Mumbai, Maharashtra,400002 India