Pricing Structure Policy

Background:

1. The Master Directions – Non-Banking Financial Company – Peer to Peer Lending Platform (Reserve Bank) Directions, 2017 bearing No. DNBR (PD) 090/03.10.124/2017-18 dated October 4, 2017 as updated on February 23, 2018 (““Master Directions”), issued by the Reserve Bank of India (“RBI”) requires every Non-Banking Financial Company – Peer to Peer Lending Platform (“NBFC – P2P”) to implement a pricing structure policy approved by its Board of Directors.
2. Rang De P2P Financial Services Private Limited (“Company”), being a peer to peer lending platform registered with the RBI as a NBFC-P2P, is required to implement such a policy in adherence with the Master Directions of the RBI.
3. Accordingly, the Board of Directors have, in their meeting held on 28th June, 2023, approved this revised pricing structure policy (“Policy”). The Policy has been created in line with the Master Directions and shall be reviewed by the Board of Directors periodically to ensure continued adherence with all directions issued by the RBI, from time to time.

Scope and Application:

1. The Policy shall apply to the pricing structure of the products and services of the Company.
2. The Policy shall be applicable with effect from such date as approved for the purpose by the Board.

Objectives of the Policy:

1. The main objective of this Policy is to lay down criteria and scale for charging fees and any other additional charges from the Participants on the Platform.

Definitions:

1. “Company” shall refer to “Rang De P2P Financial Services Private Limited”;
2. “Participant” shall refer to a lender or a borrower on the Platform, as the context may require;
3. “Platform” shall refer to the website www.rangde.in and Rang De app.

Pricing Mechanism For Services Offered On The Platform payable by the Participants:

1. Fee payable by Lenders
1. A fee as given below may be applicable to lenders that have registered on the Platform -
   • Platform Usage Fee – based on a %age share of interest received on the loan, as applicable and declared
   • Annual subscription Plan: From INR 499 to INR 999/- per year, as made applicable and declared
   • Compliance Fee : Upto 2% of amount manually invested subject to a maximum amount not exceeding Rs 49 or as made applicable and declared
2. Fees payable by Borrowers
1. The interest payable by the borrower would be dependent upon the loan product viz a viz purpose of borrowing and loan tenure and may range from 0%pa - 9%pa flat.
2. Loan Processing Fee – Upto 2% of the Loan amount disbursed may be charged, as applicable and declared.
3. Fees payable by Impact Partners
1. On-boarding Fee – As agreed with Partner
2. Platform Access Fee – As agreed with Partner
3. Processing Charges – Upto 2% of loan amount disbursed, as applicable and declared