InstantRupiya
Interest Rate Policy
Transparent framework for determining benchmark interest rates, risk premiums, Annual Percentage Rates (APR), and fee structures on InstantRupiya.
A clearer way forward
Interest Rate Policy & Pricing Framework
Aarsh Fincon Limited
InstantRupiya
B-10.00119
Operative (September 2024)
Legal & Regulatory Center
Overview & Regulatory Compliance
At InstantRupiya (operating under the corporate umbrella of Aarsh Fincon Limited, an RBI-registered Non-Banking Financial Company, Registration No. B-10.00119), we are committed to complete transparency, fairness, and responsible interest pricing in accordance with the RBI Fair Practices Code.
This Interest Rate Policy defines the transparent methodology, risk-based parameters, and statutory disclosures used to determine interest rates, Annual Percentage Rates (APR), and fee structures across all our credit products.
Interest Rate Determination Methodology
Interest rates are calculated on a graded risk model. Underwriting algorithms evaluate multiple objective criteria, including:
Loan Amount & Tenure
Loans are offered starting from ₹1,000 up to approved credit limits based on underwriting assessment. Repayment tenures are clearly agreed upon and fixed in the loan amortization schedule before disbursement.
Annual Percentage Rate (APR)
The Annual Percentage Rate (APR) represents the comprehensive annualized cost of borrowing, incorporating interest and all applicable processing fees. The exact APR is prominently communicated in the Key Fact Statement (KFS).
Schedule of Fees & Other Charges
In addition to interest, certain nominal fees may be levied depending on the product:
No processing fees or administrative charges are ever collected from applicants whose applications are declined.
Revision of Rates & Charges
Interest rates and fee schedules may be reviewed periodically based on market liquidity and cost of funds. Any rate revisions apply strictly prospectively and do not impact active fixed-rate loan contracts.
Key Fact Statement (KFS)
Prior to digital loan agreement execution, borrowers receive a standardized Key Fact Statement (KFS) containing itemized breakdowns of interest rate, APR, fees, and repayment obligations. There are zero hidden charges.
Official Policy Document • InstantRupiya (Aarsh Fincon Limited)
Effective Date: September 2024
TAKE A CLOSER LOOK
The details that matter.
Start with what you actually need
Include the expense you are planning for without borrowing more than necessary. Compare the resulting monthly estimate against the room in your budget.
BORROW WITH PERSPECTIVE
Small checks. Better decisions.
Know the full cost
Look beyond the EMI. Consider interest, processing fees and the total amount repayable over the loan tenure.
Read before accepting
Check the repayment schedule and conditions in your agreement. Keep a copy of the documents for your records.
Keep your details safe
Use verified lender channels. Never share an OTP, password or payment PIN with another person.
GOOD QUESTIONS. CLEARER ANSWERS.
A little more clarity.
The details worth knowing before your next step.
Does applying guarantee a loan?
No. A lender reviews your application, documents and eligibility. Check the offered rate, fees and repayment schedule carefully before accepting a loan.
What documents might be requested?
You may be asked for identity, address and income information. The exact requirements are shown during the application; submit documents only through verified channels.
How do I compare loan offers?
Compare the total repayment, annualised cost, processing charges and any late or early repayment conditions—not just the monthly EMI.
Where do I start my application?
Use any Apply Now button to continue to the InstantRupiya loan portal. Review the information and policies shown there before submitting your application.