|Interest Rates||0% - 29.95% p.a.|
|Loan Amount||Rs. 1,000 - Rs. 2,00,000|
|Tenure||62 days - 15 Months|
|Loan Processing Fee||0% - 6% of the sanctioned loan amount|
|Turnaround time||Entire process from registration to disbursement takes maximum 15 minutes.|
|Purpose||Medical emergency, domestic functions, education, travel, payments of existing debts & insurance, and other financial emergencies.|
KreditBee App offers instant personal loans up to Rs. 2 Lakhs to salaried individuals against their salary to help them meet their urgent financial requirements.
The entire process is online, starting from registration to disbursement and does not take more than 15 minutes. These Personal Loans can be availed online through KreditBee website and mobile app (that can be downloaded from Google Play Store on Android mobiles).
KreditBee acts as a technology intermediary to facilitate Personal Loans from regulated lenders to individuals with minimal documentation and instant disbursal of funds on approval.
KreditBee loan app currently offers Flexi Personal Loan, Personal Loan for Salaried, and Online Purchase Loan or E-voucher Loans.
KreditBee interest rate varies with the type of loan you wish to avail. Following are the applicable interest charges:
Following are different types of KreditBee instant loans:
In order to be eligible for a personal loan KreditBee requires you to fulfill the following eligibility criteria:
Documents required to apply for a KreditBee personal loan are mentioned below:
In order to apply for a KreditBee Personal Loan, just follow the below steps:
Alternatively, you can also apply through KreditBee's website by following a similar process.
You may get in touch with KreditBee Customer Care through the following options:
The Grievance Redressal Officer will try to resolve your grievance within 14 days from the date of receipt of a grievance.
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Any Indian individual who is aged above 21 years and salaried or has another monthly income source can apply for a Personal Loan via the KreditBee Platform.
Interest rates vary between 18-29.95% for Flexi Personal Loan, 15-29.95% for Personal Loan for Salaried, and 0-24% for E-voucher Loans.
No. You can avail only one loan at a time through KreditBee app.
Every user who applies for a KreditBee onlineloan will be required to submit the following documents:
You can check your credit limit amount or maximum disbursement amount from the KreditBee app.
Yes. Depending on your past repayment behaviour and documents provided by you, you can avail a loan of more than Rs. 1 Lakh.
You can find your loan's repayment date by logging into the KreditBee app. The repayment tenure may vary between 2 months (minimum of 62 days) to 15 months from the date of disbursal.
Processing fees for KreditBee instant loan may vary between Rs. 85 to Rs. 1,250 for Flexi Personal Loan, Rs. 500 to 6% of the loan amount for Personal Loan for Salaried, and 0% to 5% of the loan amount for E-voucher Loans.
Yes, you can make prepayments on your KreditBee Personal Loan without any added charges. All you have to do is send an email to help@KreditBee.in to get details of making prepayments or foreclosures on loan.
Customers will have to make all EMI payments towards the loan through the KreditBee application. This can be done using credit cards, debit cards, UPI, mobile wallets, net banking, and other online services. You can make KreditBee online payment by opting for an auto-debit option from your account for repayments on the dedicated due date.
In order to avail your Personal Loan, you have to provide an E-signature. For this, an Aadhaar linked number is preferred. If you do not have an Aadhaar linked mobile, you can also register using an OTP sent to the registered number.
Yes. A joint account may be provided by the user. It is mandatory for the applicant to be one of the account holders.
Yes, you can get a loan even if your current profession is not mentioned in the application. Send an email about your employment details to help@KreditBee.in.