FEES & CHARGES

Rupaiya Exchange is a leading Peer to Peer (P2P) marketplace for lending money online. We connect creditworthy borrowers to lenders across India.

At Rupaiya Exchange, we strive to provide the best peer to peer lending/borrowing experience to our users. And thus, transparency is a very important part of our endeavour. We do not have any hidden fees or charges. Rupaiya Exchange does not charge any fees from Lenders. Please carefully read the below mentioned fees and charges applicable to the Borrowers.

Registration Fees

Rupaiya Exchange currently, does not charge any registration fees from the users. Anyone can register for free on our platform.

Please note that this is a limited period offer and may change at any time. Register now to avail the offer!

Loan Listing Fees

Rupaiya Exchange shall charge a non-refundable upfront fees of Rs. 500/- for processing your Loan Application. Our credit team will analyze your profile so that we can attract prospective lenders to your loan.

Rupaiya Exchange shall charge a closing fees once your loan gets successfully funded. These charges are based on the loan amount as mentioned below :

Loan Amount Closing Fees
Upto Rs. 9,999 Rs. 1,000
Upto Rs. 49,999 Rs. 3,000
Upto Rs. 69,999 Rs. 4,000
Upto Rs. 89,999 Rs. 5,000
Upto Rs. 1,19,999 Rs. 6,500
Upto Rs. 1,49,999 Rs. 8,000
Upto Rs. 1,99,999 Rs. 10,000
Upto Rs. 2,99,999 Rs. 15,000
Upto Rs. 3,99,999 Rs. 20,000
Above Rs. 3,99,999 6% of Funded Loan Amount

For example :-
If your total loan amount is Rs. 5,00,000/- (Five Lakhs) and your loan receives a funding of Rs. 4,00,000/- (Four Lakhs), Rupaiya Exchange shall charge a closing fee of Rs. 24,000/- (6% of 4,00,000) once your loan gets funded successfully.

Types of Loans

We can help you with secured and unsecured Personal and Business Loans.

Personal Loan

Minimum Maximum
Loan Amount Rs. 5,000 Rs. 5,00,000
Loan Tenure 6 Months 36 Months
Interest Rate (Flat/Year) 15% per Year 36 % per Year

Business Loan

Minimum Maximum
Loan Amount Rs. 50,000 Rs. 70,00,000
Loan Tenure 12 Months 36 Months
Interest Rate (Flat/Year) 15% per Year 36% per Year

Prepayment Fees

We do not charge any Prepayment fees.

Late Payment & Collection Charges

When borrowers miss payments and loans become late, Rupaiya Exchange uses best practices from the banking industry to bring the loans back to "current" status.

Rupaiya Exchange shall charge borrowers an interest of 48% per Year of the total default amount or Rs. 50 per Day (whichever is higher) for the tenor of the default.

If there are third parties involved including collection agencies or lawyers, their fee shall be charged to the borrower.