KreditBee Loan App

KreditBee Loan App: Best Personal Loan App: KreditBee, a trusted online instant personal loan app, is relied upon by over 50 million Indians. Obtain a swift personal loan at attractive interest rates with a seamless experience. Apply for an online loan and receive the funds directly in your bank account within 10 minutes, whether you’re salaried or self-employed.

Key Features:

  • Online personal loans from ₹3,000 to ₹5,00,000
  • Interest rates ranging from 16% to 29.95% p.a.
  • Tenures spanning 3 to 24 months
  • APR range from 0 to 70%
  • Low transaction fees
  • Quick loans with easy EMI options

What Makes KreditBee Ideal:

  • Quick online loan approval
  • Low-interest rates
  • Effortless application process
  • Fast loan approval and 10-minute disbursal
  • Digital processing for a paperless experience
  • Manageable EMI for easy repayment

Notable Features of KreditBee Personal Loan App:

  • Quick approval within minutes
  • Flexible repayment options, ranging from 3 to 24 months
  • Paperless process with online document submission
  • Full transparency with no hidden costs
  • Convenient access to quick personal loans anytime, anywhere
  • Available in English and Hindi

Why Choose KreditBee?

  • Loans for various purposes, including large purchases, trips, education, weddings, debt consolidation, home repairs, and medical bills
  • Flexible interest rates between 16% to 29.95% per annum
  • Secure collaboration with RBI-certified NBFCs/Banks

Lending Partners:

  • Krazybee Services Pvt. Ltd.
  • Incred Financial Services Ltd.
  • Vivriti Capital Pvt. Ltd.
  • Northern Arc Capital Ltd.
  • MAS Financial Services Ltd.
  • Cholamandalam Investment and Finance Company Ltd.
  • PayU Finance India Pvt. Ltd.
  • Poonawalla Fincorp Ltd.
  • Piramal Capital & Housing Finance Ltd.
  • Kisetsu Saison Finance (India) Pvt Ltd.
  • Mirae Asset Financial Services (India) Pvt. Ltd.
  • Tata Capital Ltd.

Types of Loans:
Flexi Personal Loan – Repayment tenure of 3-10 months, loan amount ₹3,000 to ₹66,000. Requires PAN card and proof of address.
Personal Loan for Salaried – Flexible repayment terms of 4 to 24 months, loan amount ₹10,000 to ₹5,00,000. Requires PAN card, address proof, and salary proof.
Business Loan – Loan from ₹10,000 to ₹2,00,000 with tenures of 4 to 24 months. Requires PAN card and address proof.
Purchase on EMI – Transform shopping with Purchase on EMI for up to ₹2,00,000. Requires PAN card and address proof.

Example of Personal Loan for Salaried Individuals:

  • Loan Amount: ₹50,000
  • Tenure: 12 months
  • Interest Rate: 20% per annum
  • Processing Fee: ₹1,250 (2.5%)
  • Onboarding Fee for New Customers: ₹200
  • GST on Onboarding & Processing Fee: ₹261
  • Total Interest: ₹5,580
  • EMI: ₹4,632
  • APR: 26.92%
  • Amount Disbursed: ₹48,289
  • Total Repayment Amount: ₹55,580

a) Indian national
b) Over the age of 21
c) Steady monthly income

Steps to Avail a Loan:

  1. Install KreditBee app
  2. Sign up using mobile number
  3. Provide PAN number & check eligibility
  4. Upload KYC documents, including address proof, and get profile verified
  5. Choose amount and tenure
  6. Provide bank account details
  7. Request money transfer to your bank account