Incred Personal Loan

Are you exhausted by long and tedious loan application processes? InCred Finance offers a hassle-free solution to get the cash you need to reach your goals instantly. With our personal loan services, you can secure up to ₹10 Lakhs in just 15 minutes, directly from your mobile phone. No more waiting in long queues—experience the convenience of one of India’s top-rated loan apps.

Top Features of the InCred Personal Loan App

1. Free Eligibility Check

• Instantly check your loan eligibility without any hassle. Our app provides a quick and easy way to determine your borrowing capacity.

2. Real-time Loan Tracking

• Track your application status in real-time. Receive instant updates on your InCred Personal Loan application, ensuring you are always informed about your loan status.

3. 100% Online KYC Process

• Our RBI-registered loan app ensures a secure, fast, and completely digital experience. Complete your KYC process online without the need for physical paperwork.

4. Dedicated Support

• A relationship manager assists you every step of the way. Benefit from personalized assistance and instant finance options tailored to your needs.

5. EMI Reminders & Schedules

• Receive automated reminders for your EMIs and easily access your repayment schedule via the InCred Finance platform. Manage your loan repayments seamlessly.

Why Choose InCred Finance for Personal Loans?

• Instant Loan Approval in 5 Minutes: Get your loan approved within minutes, providing you with the funds you need quickly.
• 100% Online Application Process: Complete the entire application process online, eliminating the need for physical visits.
• No Collateral Required: Secure a loan without the need for any collateral.
• Competitive Interest Rates: Starting from 13.99% per annum, ensuring affordable borrowing.
• Flexible Repayment Terms: Choose repayment terms ranging from 6 to 60 months.
• Customizable Loan Amount & Tenure: Manage your EMIs with ease, selecting the loan amount and tenure that fits your financial situation.
• Simple EMI Deductions via eNACH: Enjoy hassle-free EMI deductions directly from your bank account.

Quick Loan Breakdown Example

Consider Mr. Rohan, who needs an urgent loan of ₹1,00,000. He applies through the InCred Loan app and receives approval within minutes. Here’s how it works:

• Sanctioned Loan Amount: ₹1,00,000
• Processing Fee (inclusive of GST): ₹3,540
• Net Disbursed Amount: ₹96,450
• Interest Rate: 21% per annum
• Monthly EMI: ₹3,767.5 (36 months)
• Total Repayment: ₹1,35,630
• Total Loan Cost (Interest + Fees): ₹39,170

Note: This is an example. The final APR for your loan will be as per your credit assessment. The APR range for InCred Personal Loans is 16% to 60%.

Who Can Apply?

• Age Requirement: 21-55 years
• Minimum Monthly Salary: ₹15,000 for salaried individuals or ₹25,000 for business owners with ITR and GST documents
• Credit Score: Preferably 700+ with a solid repayment history

How to Apply for an InCred Loan

1. Download the InCred App: Available on Google Play Store and Apple App Store.
2. Sign Up: Register with your mobile number.
3. Complete Online Verification: Finish the verification process directly through the app.
4. Receive Funds: Get the loan amount credited to your account within 15 minutes!

Usage of InCred Personal Loans

• Marriage and Wedding Expenses
• Travel and Vacations
• Appliances and Gadgets
• Education Courses and Upskilling
• Medical Emergencies
• Home Renovations
• Credit Card Bills
• Buying a New Phone or Bike

Additional Loan Services

InCred Finance also offers Education and Business Loans tailored for students and merchants. Learn more by visiting our website at www.incred.com.