| Name of Complainant | Rohit Bhalla |
| Date of Complaint | March 30, 2024 |
| Name(s) of companies complained against | Rapidrupee, RUPEEREDEE |
| Category of complaint | Banking |
| Permanent link of complaint | Right click to copy link |
I am writing to lodge a formal complaint against RapidRupee and RupeeRedee, two loan apps, for their unethical and exorbitant interest rates. I availed a loan of ₹7,000 for a period of 30 days from RapidRupee, which they claimed to charge an interest rate of 1% per month (12% per annum) as per their website. […]
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