New Delhi, October  21, 2016: RupeeLend has launched   an app  to meet short term  and emergency financial needs of young professionals. The app provides short term loans ranging from Rs. 10,000 to Rs. 1,00,000 for new customers and a maximum loan of Rs 1,50,000 to repeat customers.
 There is no need of any paperwork or human interaction, thus making the process hassle free and quick. Any Salaried employee can download this free Android app in few minutes and can apply for the loan for which customer need to upload the KYC documents required for approval, after which they fetch online-real time bank statement, Pan Number validation and eKYC Check with Bureau reports and social networking status post screening and validation.The app has an A-I driven decision making system with multiple algorithms that give a verdict on customers social quotient and future repaying ability. After the approval from the credit engine the loan is automatically disbursed into the customer’s account.The interest rate ranges from 0.1% to 1% per day