RupeeCircle.com is an online Peer-2-Peer lending platform that connects lenders and borrowers to ensure financial gains for both. Incorporated in 2017, RupeeCircle is an RBI licensed NBFC – P2P, compliant with all the regulatory requirements of the bank. It is a financial institution that offers an alternative approach to banking. It connects borrowers and investors at a marketplace where the requ
irements of the borrowers are listed and those are then funded by the investors. Established with a vision of 'Making Borrowing Better & Lending Smarter', our technology helps lower the cost of borrowing money and gives a high rate of interest to the investors. Features of RupeeCircle’s P2Plending for borrowers are: -
· Attractive Interest Rates – RupeeCircle ensures personal loans at attractive interest rates and ensures best offers as per your risk profile.
· Faster approvals – Waiting in the long queues of banks is a thing of the past. Applying for personal loans with RupeeCircle is hassle-free just with a click of a few buttons.
· Secure Process – At RupeeCircle we understand your privacy & security concerns. We have strict safety standards to keep your data protected and confidential at all times through our secured systems.
· No Foreclosure Charges – At RupeeCircle the borrowers are benefited to prepay the loan at any time after three months from loan disbursal without paying any additional charges. Features of RupeeCircle’s P2Plending for Investors are: -
· High return on investments – Investment in RupeeCircle’s P2P lending platform can yield returns up to 19% per annum with savings as low as Rs. 5,000/-.
· Diversification – RupeeCircle’s P2P lending gives investors the benefit to select from diversified portfolios measuring the multiple risk grades, loan tenures and interest rates which are determined by proprietary risk assessment algorithms.
· Easy liquidation – RupeeCircle investors can liquidate their portfolio at any time by listing it in the secondary marketplace. This provides an additional exit option for investors on our platform.
· Fixed monthly cash flows – The lenders are repaid in the form of monthly EMIs that can be either withdrawn or reinvested by the lender.
· Safe and transparent – RupeeCircle has the finest data security standards in order to keep the users’ data safe & protected at all times. It is completely safe to lend/borrow money online through our secure online peer-to-peer platforms.
· Easy Collection & Recovery – Recovery support is offered to the investors for all P2P loans. A well-defined procedure is followed for a stress-free experience for both the borrowers and the investors. Type of P2P loans from RupeeCircle
· Debt Consolidation loan – RupeeCircle enables borrowers to take a debt consolidation loan and repay existing debts at low-interest rates. Piling up debts and having sleepless nights is all a thing of the past with RupeeCircle’s debt consolidation loans. A debt consolidation loan refinances all your debts and clubs it into a single loan, which is repaid in monthly installments. Whether it's your medical bills, student loans, and credit card debt or secured and unsecured non-asset debts, a single debt consolidation loan is the solution to all your unpaid debts. Flexible timelines and attractive interest rates let you clear your debt loans at a comfortable pace.
· Vacation loan – Never forgo your plans to travel to your dream destination. RupeeCircle’s vacation loans for India offer you best deals for funding your vacation without upsetting your budget. Our Peer-to-Peer (P2P) Lending platform funds you with personal loan for your dream vacation in an instant. RupeeCircle's vacation loans are offered at fixed-interest rates with zero prepayment penalties. Our application process is easy and takes just a few minutes to finance your vacation.
· Medical Emergency loans – Medical emergency is something no one can foresee and the expenses that add up with it can make you awestruck. Having a medical insurance policy is a blessing for sure but there is a time when the expenses exceed the insurance cover. This is where RupeeCircle facilitates you with loans for medical emergencies. On the basis of the medical bills borrowers are given loans at low interest rates, which are paid as EMI’s, spread over long tenures for easy repayments. Take your time to heal and pay us back in monthly installments, at a convenient pace.
· Vehicle loan – Everyone has a dream to own his or her own vehicle once in a lifetime, be it a new one or second hand. But with exorbitant prices and high-interest rates on loans at banks, these dreams fall apart at times. RupeeCircle’s customized finance schemes make it possible to fulfill your dreams to buy a vehicle. The loan application is processed within a few working days and the loan is disbursed. With affordable EMIs it becomes easy to pay back the loan easily.
· Small Business loans – RupeeCircle’s Peer-to-Peer Lending Platform offers business loans to small business owners and enterprises at attractive interest rates. RupeeCircle’s business loans enable borrowers to focus on growing their business rather than worrying about finances. Our low-interest business loans and collateral-free approach lets you start working towards your goals instantly.
· Home improvement loans – Fulfill your dream to convert your home into a beautiful living space with RupeeCircle’s home improvement loans. Never be out of funds to remodel your living space as you have always dreamt it to be, by availing a home renovation loan through RupeeCircle. Check out the best home improvement loans from RupeeCircle that are completely collateral-free and unsecured. RupeeCircle loans can be paid back in affordable monthly installments.
· Life event loans – Life events are meant to make memories and not to be remembered as financial burdens. Borrowing money for marriages from other financial institutions can turn out to be an expensive affair. A personal loan for marriage through RupeeCircle lets you fund your wedding expenses with ease. Our wedding loans with low interest rates are payable in fixed EMIs.
· Education loans – Going abroad for further studies and making a dream career is what everyone aims at. RupeeCircle’s affordable education loans help to meet the academic expenses and focus more on career instead of finances. Taking an educational loan is easy with RupeeCircle, simply fill up our online education loan application form, it is just a process of 5 to 7 working days to finance your education dreams.
· Consumer loans – One of the loan offerings from the kitty of RupeeCircle is loans for consumer durables. Buying small luxuries of life becomes affordable with RupeeCircle. Be it light or heavy appliances, our online consumer durable loan will help you get what you desire, quick and hassle-free. When you opt for a consumer durable loan, apply online and you get your money disbursed within a few working days from the date of your application. All this is done at zero registration fees. RupeeCircle's loan cycle offers end-to-end solutions to lenders and borrowers by managing loan sourcing and disbursal, profile verification, documents scrutiny, loan agreements & contracts, and tracking loan repayments. RupeeCircle’s BizzCasH Invoice Discounting
A recent from RupeeCircle is BizzCasH Invoice Discounting of up to 1 Lakh. This is designed to facilitate retailers and wholesalers wherein small businesses are given access to funds of up to 1 Lakh INR. This funding starts for a short period of 7 days and extends up to 90 days. The funds are dispensed to retailers in a quick, efficient, hassle-free manner. The invoice discounting products takes care of the working capital needs of the retailers by reducing the gap between potential earnings and the actual earnings. This model also protects the retailers from opting for loans from other lending platforms that offer loans at a high rate of interest. With the pan India presence of the services of RupeeCircle, we aim to act as a backbone for small retailers. The Invoice funding product helps businesses with cash inflows through hassle-free loans for ease of business, intended to help them reach new levels and also be their preferred lending partners. How does it work? As a retailer, you get into an agreement with BizzCasH to start the invoice discounting for distributors. Further, a loan is issued on a minimal interest and invoice discounting processing fees. This is done in coordination with and on the recommendation of distributors. It in turn helps you manage cash flow by using the funds for your business’s unpaid invoices. Whether it’s the independent contractors or the FMCG business, if you are a retailer or a wholesaler, all can benefit from BizzCasH’s invoice funding, it takes your business to new heights without worrying about funds.
