Rate and Terms

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How is the annual percentage rate (APR) determined?


The Annual Percentage Rate (APR) is determined by considering factors such as credit score, loan amount, and income. A CIBIL score of good quality will lead to a lower APR, while a score of poor quality may lead to a higher APR. However, some lenders may apply a fixed APR to all their loans irrespective of credit score.

How do Our Rates and Fees Work?


The APR is the total cost of borrowing. It's the interest rate plus a small processing fee and other costs. It's usually lower than what you'd pay on a credit card. It's the actual cost of your loan that lets you compare loan offers from different lenders. We offer a fixed APR of 35% each year.

Representative Example:

Loan Amount APR Tenure Processing Fee GST on Processing Fee Amount Disbursed EMI Total Repayment Amount Total Interest
50,000 35% 12 Months 1,000 180 48,820 4,998 59,978 9,978

Contact information


DEV-AASHISH CAPITALS PRIVATE LIMITED is a Non Banking Finance Company (NBFC) registered with the Reserve Bank of India (RBI). RUPEE112 is the brand name under which the company conducts its lending operations and specialize in meeting customer's instant financial needs.



"Beware of fraud! Always use our secure Repayment Website Link for loan payments. Do not make direct bank payments. Rupee112 is not responsible for payments made to other accounts."