KreditBee: Personal Loan App 2.1.4

KreditBee is an online instant personal loan app trusted by over 50 million Indians. It offers quick personal loans at attractive interest rates, providing a hassle-free experience. With KreditBee, customers can apply for a quick online loan and receive the amount directly in their bank account within 10 minutes, regardless of whether they are salaried or self-employed.

• Online personal loans from ₹1,000 to ₹4,00,000
• Interest rates ranging from 0% to 29.95% p.a.
• Loan tenures ranging from 3 to 24 months
• APR range of 0% to 70%
• Low transaction fees
• Quick loans and easy EMI repayment

KreditBee offers several features that make it an ideal choice for every customer:

• Quick online loan approval process
• Low-interest rates
• Easy application process
• Fast loan approval
• Digital processing and 10-minute loan disbursal
• Easy repayment with manageable EMI options

Features of the KreditBee personal loan app include:

• Quick loan approval in a few minutes on the app
• Flexible repayment options ranging from 3 to 24 months
• Paperless process with no physical paperwork required. All necessary documents can be submitted online.
• Complete transparency with no hidden costs for customers
• Convenient access to quick personal loans anytime, anywhere
• Available in English and Hindi languages

Why choose KreditBee?

• Provides loans for various purposes, such as financing purchases, travel, education, wedding expenses, debt consolidation, home repairs, and medical bills.
• Offers flexible interest rates ranging from 0% to 29.95% per annum.
• Works exclusively with RBI-certified NBFCs/Banks, ensuring safety and security.

KreditBee partners with the following lending institutions:

• Krazybee Services Pvt. Ltd.
• IIFL Finance 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 Financial Services Ltd.

KreditBee offers different types of loans:

Flexi Personal Loan:

• Loan amount ranging from ₹1,000 to ₹50,000
• Tenure of 3-10 months
• Requires PAN card and proof of address for application

Personal Loan for Salaried:

• Loan amount ranging from ₹10,000 to ₹4,00,000
• Tenure of 3-24 months
• Requires PAN card, address proof, and salary proof for application

Personal Loan for Self-Employed:

• Loan amount ranging from ₹10,000 to ₹1,50,000
• Tenure of 3-12 months
• Requires PAN card and proof of address for application

Purchase on EMI:

Customers can conveniently shop online or offline with over 2 Lakh+ merchants and convert purchases up to ₹2,00,000 into easy EMIs without any processing fees. Requires PAN card and address proof.

Example of a personal loan for salaried individuals:

• Loan Amount: ₹50,000
• Tenure: 12 months
• Rate of Interest: 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

Eligibility requirements for a KreditBee loan:

• Indian national
• Over the age of 21
• Steady monthly income

Steps to avail a KreditBee loan:

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

Contact information:

📧 E-mail: [email protected]

📱 Phone: 080-44292200 / 080-68534522

🏢 Address: 16/3 Adarsh Crystal, Jogupalya, Cambridge Layout, Bengaluru - 560008