1.0.18.18-google Safe to install
The FastRupee Instant Cash Loan app is designed for individuals in Sri Lanka seeking swift financial solutions for urgent needs. This application allows users to secure a cash advance efficiently, catering to emergencies such as medical expenses, gifts, or everyday costs when salaries fall short.
Key Features of FastRupee Cash Loan Products:
- Loan Amount Range: 5,000 - 50,000 LKR
- Loan Period: 91 days - 180 days
- Daily Interest Rate: 1%
- Maximum Annual Percentage Rate (APR): 365%
- Coverage Area: Nationwide accessibility within Sri Lanka
An example of how interest is calculated on a loan can be illustrated as follows: For a loan of 5,000 LKR over a period of 91 days at a daily interest rate of 1%, the total repayment amount would be calculated as follows: 5,000 LKR * (1 + 1% * 91) = 9,550 LKR.
Frequently Asked Questions regarding the FastRupee Instant Cash Loan app:
- How do I apply for a payday loan via the app?
The process is straightforward:- Access the app on your smartphone or tablet.
- Select your desired loan amount.
- Complete the application form within approximately five minutes.
- Await verification through SMS or phone call.
- Funds will be transferred to your bank account.
- What are the benefits of using FastRupee?
The service offers several advantages:- No collateral required – it is an unsecured lending service.
- No in-office visits necessary, saving you time.
- Simplicity in utilizing only your valid ID for processing.
- No additional fees for first-time borrowers; you only repay the loan amount.
- Funds disbursed instantly within five minutes post-approval.
- The potential to increase borrowing amounts over time, escalating from as low as 3,000 to up to 50,000 LKR for returning clients in good standing.
- Who qualifies for a cash loan?
Eligibility criteria include:- Must be a Sri Lankan citizen aged at least 18 years.
- A valid identification document and a mobile phone number are required.
- Status as either employed or self-employed is necessary.
- What documentation is required for personal loans?
To secure a personal loan, applicants must provide:- A valid ID
- A smartphone or tablet with internet access
- A banking account
- How soon will I receive the loan funds?
Typically, approval occurs within five to thirty minutes. Most applicants will receive an automated SMS notification regarding their application status; alternatively, they may receive a follow-up call. Once approved, funds will be disbursed within five minutes. - What are the borrowing limits?
For first-time applicants, loan amounts can range between 3,000 and 7,000 LKR. Clients who have borrowed previously and are in good standing can qualify for amounts up to 50,000 LKR.
Overview
FastRupee – Instant Cash loan is a Freeware software in the category Business developed by FastRupee Private Limited.
The latest version of FastRupee – Instant Cash loan is 1.0.18.18-google, released on 12/26/2024. It was initially added to our database on 12/26/2024.
FastRupee – Instant Cash loan runs on the following operating systems: Android.
FastRupee – Instant Cash loan has not been rated by our users yet.
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