FAQs
Does Rapid Rupee Pro have an NBFC license?
Rapid Rupee Pro is operated by VADIPATTI FINANCE PRIVATE LIMITED which is an RBI-registered NBFC.
What is amount of loan I can apply for?
Rapid Rupee Pro Personal Loans range from ₹5,000 to ₹2,50,000.
What is tenure of loan I can apply for?
Tenure: 91 days to 360 days.
What is APR of loan I can apply for?
Interest rates range from 12% to 24%.
How would I know my loan status?
You can view the loan status on the “Account” page on the Rapid Rupee Pro application itself.
When will my loan be approved?
It will be approved within 24 hours.
How do you decide my eligibility & loan amount limit?
We assess your loan eligibility and loan amount limit based upon your documentation shared with us and your credit score.
My loan application was not approved, what is the reason?
There could be many reasons including but not limited to poor credit score, illegible documents, information mismatch, etc. If your loan did not get approved, don’t worry. It is not always or necessarily a reflection of your credit worthiness. Also, you may re-apply for a loan in 3 months in such cases.
Why do you need my bank account details?
We need your bank account details to disburse the loan amount.
Why do you need to verify my bank account?
We need to ensure that the bank account that you have provided belongs to you.
I applied for a loan, but I did not receive the money immediately. Why?
In some cases, the loan may take up to 24 hours to be approved and disbursed to your bank account.
Are there any hidden fee components that you charge?
No. All our charges are transparent and communicated to the user upfront.
What is the repayment date of my loan?
You can find it by logging into the Rapid Rupee Pro app.
Can I repay the loan before the due date?
Yes, you can repay your loan anytime you wish to do so, even before the repayment date.
What happens if I do not repay on time?
Penalty charges will be applied for everyday that the loverdue.
Am I allowed to make a repayment on Rapid Rupee Pro?
Yes, you can make a repayment on the Rapid Rupee Pro app before your due date.
How do I get a confirmation about the repayment I make?
You will receive an SMS on repayment from Rapid Rupee Pro or You can view on the “Account” page on the Rapid Rupee Pro application itself.
Can I get my loan cancelled?
Once a loan is approved and disbursed, it cannot be cancelled. Hence, you would need to repay the amount in full to close the loan.
How to contact Rapid Rupee Pro
?
If you have any question, you can send SMS to connect@rapidrupeepro.in, we'll do our best to help you.
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Rapid Rupee Pro is operated by VADIPATTI FINANCE PRIVATE LIMITED which is an RBI-registered NBFC.
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