Kreditech Personal Loan
Kreditech offers Personal Loan and POS loan online for up to 3 years at 26% p.a. interest rate and processing charges of 2% of loan sanctioned + taxes.
Apply for Kreditech Personal Loans @26% Interest Rates
Kreditech Personal Loan Details:
| Interest rate | 26 % |
| Loan tenure | 3 Years |
| Loan turn around period | 1-7 Days |
| Processing Charges | 2 % of loan sanctioned + Taxes |
| Who can apply? | Self-employed professionals Salaried individuals |
| Dishonour Charges | Rs. 750 per instance |
| Lowest EMI | Rs. 4,029 Per Lakh |
Kreditech Personal Loan Features
- Kreditech offers customised loans to borrowers, strictly based on their creditworthiness. The eligibility for credit is assessed by combining new age data sources and machine learning. The loans by Kreditech are not dependent on your credit score and other traditional channels of credit rating.
- The FOIR (Fixed Obligation to Income Ratio) Multiplier is calculated as 50% deduction of salary + Existing EMIs.
- The Rate of Interest is competitive at 26% per annum.
- The Processing Fees on Loan is 2% on the disbursed amount.
Kreditech Personal Loan Benefits
Kreditech Personal Loan Eligibility Criteria
Eligibility for Kreditech Personal Loan is assessed by combining modern data sources including your social activity and spending & earning history. With Kreditech Personal Loan you are not solely dependent on your CIBIL rating. The eligibility criteria can be summarized as:
| Location | Delhi & Mumbai |
| Salary | Minimum of Rs. 20,000 |
| Work experience | At least 1 year |
| Age | 23 years or above |
| CIBIL Score | 650 or more |
How to Calculate Kreditech Personal Loan EMI?
You can use MyMoneyMantra Personal Loan EMI Calculator to calculate your Kreditech Personal Loan EMI. To calculate the EMI, you will need just three basic details, i.e. loan amount, interest rate, and repayment tenure.
Kreditech Personal Loan - Customer Care
You can contact Kreditech India at the following address:
Kreditech Financial Services Pvt Ltd,
3rd Floor, Part A, Corporate Centre,
Andheri Kurla Road, Andheri (East)
Mumbai - 400059
Kreditech Customer Care Contact Number: +91 2262593700 (for complaints)
You can contact this number on all working days between 10 A.M. to 7 P.M. The service is not available on national holidays.
Email at: care@kreditech.in
Kreditech Personal Loan FAQs
Kreditech India offers online consumer credit backed by modern data. The new age lender offers highly personalised direct-to-consumer loans such as Personal Loan and POS Loan, besides lending-as-a-service solution (LAAS) for partners.
Kreditech offers access to better credit and convenience for digital banking aspirants.
Kreditech Personal Loan is fast, hassle-free, and highly customised Loan.
You can avail Kreditech Personal Loan at CIBIL Score of 650 and above. Besides your credit rating, other unconventional data sources and machine learning determine your loan eligibility.
The rate of interest starts from {{Aditya_Birla_Personal_Loan_Interest_Rates}} p.a and will be on a case-to-case basis. It depends on the income, repayment capacity, and credit score. In brief, the interest rate applied will depend on the creditworthiness of the applicant. If you have all the factors in place, you can negotiate for the best rate.