Everyone

RedCarpetUp.com

Lollipop

FIRST & ORIGINAL credit facility on card in India - NOW DOWNLOADED BY OVER 15  LAKH USERS in 
22 CITIES
App where you get an instant virtual card or physical  card, issued by SBM / RBL bank  in your 
pocket, which can be used to access credit facilities provided by RBI authorized NBFCs (DMI Finance 
Private Limited, Redux Credit Finance Private Limited).
RedCarpet app is also CISA certified for security.
Going Krazy for credit - Slice it using Mastercard / Rupay Cards issued by SBM / RBL bank  a to earn 
interesting discounts & coupons on your card !  You can get cash advance by using your card 
at the ATM to withdraw cash.
What you get with  RedCarpet
RedCarpet partners with RBI authorized NBFCs (DMI Finance Private Limited, Redux Credit Finance 
Private Limited)  to provide you a credit facility that can be used on cards issued by SBM / RBL bank.
You can get credit  between ₹1000 up to ₹ 60,000 based on your bureau score.
Online loans from ₹1,000 to ₹3,00,000
Interest rates - 0% to 29.95% p.a.
Tenures - 62 days to 24 months
Personal Loan for Salaried Individuals (Example)
Loan Amount: ₹50,000
Tenure: 12-months
Interest Rate: 20% p.a.
Loan Processing Fee: ₹1,250 (2.5%)
GST on Processing Fee: ₹225
Total Interest: ₹5,581 (22% annual rate on reducing balance) 
Monthly Payment / EMI: ₹4,632 
APR: 22.9%
Total Repayment Amount =  ₹1250 + ₹225 + ₹5,581 + ₹50000 = ₹57056
Our Lending Partners :
DMI Finance Private Limited
Redux Credit Finance 
Private Limited
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%.
Why is RedCarpet special and different?
* Flexible & 100% honest - Only amount you use will incur interest. If you use ZERO, then interest  will 
be ZERO💰
* Zero interest if you pay balance in full by the 15th of the month !!
* 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
* you can pay minimum amount OR total outstanding balance. (interest charges will apply for min 
amount)
* Card  issued by SBM / RBL bank, can be used anywhere to slice your payments - Flipkart, Amazon, 
restaurants, ATM cash withdrawal (For selected users) 💰
* Improve your credit scores by using the credit facility. This will be beneficial to your future job, EMI 
& loans
Honest Disclosure of Permissions:
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: for verifying your references 
✓ Email - for verification of your identity
✓ SMS - to track your spending & UPI
✓ Photos & Media : We never scan private photos - Only needed to upload documents 
photos for KYC
Privacy Policy - https://www.redcarpetup.com/legal/
Support?
Mail: help@redcarpetup.com
DIPP Atmanirbhar Bharat Startup Registration# DIPP56299
We comply with all applicable laws including RBI Fair Practices Code when facilitating 
administration or recovery of loans on behalf of NBFCs.

🇮🇳 💳 India's original Credit + Card + ATM cash - Mastercard, VISA or Rupay

Card+Credit+ATMCash: RedCarpet

Latest Version of Card+Credit+ATMCash: RedCarpet

Други версии