ATM Cash + Credit + Card + Coupons

FIRST & ORIGINAL credit line on card in India -

ONLY service where you get instant virtual card or upgrade to a cool card in your pocket.

RedCarpet is also RBI CISA certified for security.

Going Krazy for cash or

? - Slice it using RedCarpet Cards with a

with discounts & coupons on your card !

Credit line card: Credit limit from a RBI authorised NBFC Overdraft from ₹500 up to ₹ 50,000 (based on score)

You get a virtual Mastercard/Rupay card and optionally

Where to use: Shop online or at local kirana/shops/dukaan by using your RedCarpet Card. Withdraw money using ATM using card (subject to approval)

The charges and repayment tenures vary based on the score and income of the customers.

Application Fees - between 0 to 650 Rs based on CIBIL score.

Processing Fee - for low risk customers 0%-3% , for very high-risk customers 2.5%-6.5% of principal

Late fees -

. About Rs 300 for 10,000 Rs

Repayment: Bill generated on 15'th of every month. Repay next month at no extra cost or convert it into EMIs upto 12 months.

Interest rate: Range from 0%-29.95% with equivalent monthly interest rate of 0%-2.49% only

For personal loans, the min period for repayment = 3 months & max period of repayment = 36 months

:

-> Application fee = ₹350

-> processing fee = ₹1,250 for 12 months

-> 22% interest rate yearly.

-> The APR is = 28.372%

-> total interest in 12 months is ₹6,156

-> monthly EMI = ₹4,679.72

-> Total Payments + Fees = ₹57,756.63

APR for different credit products: low risk customers is 0%-36%, medium risk customers is 18%-39%, high risk customers is 24%-42% and very high-risk customers is 24%-70%.

:

- Fill in the required details - like selfie, etc

- Upload KYC (ID & Address Proof)

- Starting limit of Rs 500 - 10,000 (fees based on credit limit)

- pay on-time to improve credit limit

- Pay EMI via UPI/Bhim app on RedCarpet app or website

- Highest limit of Rs 50,000!

* Flexible & 100% honest - Only amount you use will be converted to loan. If you use ZERO, then monthly fee will be ZERO💰

* Zero interest if you pay

by the

!!

* Instant Virtual Card.

* Easy address proof, PAN card, ID card, salary slips, etc

* Track your spending with app & check your credit score (needs SMS perms)

* Open for students, salaried, self-employed

*

(interest charges will apply for min EMI)

* RedCarpet card can be used anywhere to slice your payments - Flipkart, Amazon, restaurants,

(For selected users) 🏧

* Improve credit bureau (CIBIL) using Ruby Card. This will be beneficial to your future job, EMI & loans

:

Our servers are audited for PCI and CISA compliance for data privacy and security. We NEVER move data outside India. These are permissions we ask for:

✓ Location: to notify closest RedCarpet KYC agents. Also for fraud detection if your card is used away from you.

✓ Contacts: references & sharing

✓ Email - verification

✓ SMS - track spending & UPI

✓ Photos & Media : We never scan private photos - Only needed to upload documents photos for KYC

For more details on our privacy policy, visit - https://www.redcarpetup.com/legal/

DIPP Atmanirbhar Bharat Startup Registration# DIPP56299

RedCarpet is not directly engaged in the activity of money lending. RedCarpet is a platform that facilitates loans & credit to users by duly registered NBFCs. We comply with all applicable laws including RBI Fair Practices Code when facilitating administration or recovery of loans on behalf of NBFCs.