KreditBee Personal Loan

Are you in need of fast cash without the hassle of lengthy procedures? KreditBee is here to save the day! Trusted by over 5 Crore Indians, KreditBee offers a seamless way to get quick loans directly into your bank account, whether you are salaried or self-employed. Here’s everything you need to know about this innovative loan app:

Loan Offerings

• Loan Amounts: ₹1,000 to ₹5,00,000
• Interest Rates: 17% to 29.95% per annum
• Tenures: 7 to 36 months
• APR Range: 17% to 45%
• Low Transaction Fees: Ensuring affordability
• Quick Loans & Easy EMIs: For hassle-free repayments

Features of the KreditBee Personal Loan App

Quick Online Loans

Get personal loans in minutes. The application process is swift, ensuring that you receive the funds you need almost instantly.

Competitive Interest Rates

Enjoy flexible interest rates ranging from 17% to 29.95% per annum, making borrowing affordable.

Easy Application Process

The process is simple and fast, with minimal documentation required.

Fast Loan Approval

Receive immediate loan approval with funds transferred to your account within minutes.

Digital Loan Processing

The entire process is digital, from application to disbursement, ensuring a smooth experience.

Manageable EMIs

Flexible repayment terms allow you to manage your EMIs effortlessly.

Why Choose KreditBee?

KreditBee is designed to meet all your financial needs, whether it’s for a large purchase, a trip, education, shopping, wedding expenses, or medical bills. Here’s why KreditBee stands out:

Loan for All Purposes

From financing major purchases to covering unexpected expenses, KreditBee has you covered.

Flexible Interest Rates

Loans come with flexible interest rates of 17% to 29.95% per annum, ensuring you get the best deal.

Security

KreditBee works exclusively with RBI-certified NBFCs and banks, guaranteeing safety and security.

Our 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.

*KreditBee acts as a loan facilitator, connecting users with RBI-approved NBFCs and banks.

Additional Features

• Quick Approval: Get credit approved within minutes.
• Easy EMIs: Repay your personal loan within 7 to 36 months.
• Digital Process: Hassle-free paperwork; submit documents online.
• Full Transparency: Complete transparency with customers.
• Convenient: Apply for a personal loan anytime, anywhere.
• Language Support: Available in English and Hindi.

Types of Loan Offerings

Flexi Personal Loan

• Amount: ₹1,000 to ₹80,000
• Tenure: 7-10 months
• Requirements: PAN card and proof of address

Personal Loan for Salaried

• Amount: ₹10,000 to ₹5,00,000
• Tenure: 7-36 months
• Requirements: PAN card, address proof, and salary proof

Business Loan

• Amount: ₹10,000 to ₹4,00,000
• Tenure: 7-24 months
• Requirements: PAN card, address proof, and business/income-related documents

Example: Personal Loan for Salaried Individuals

Let’s break down how a typical personal loan works:

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

Eligibility Criteria

To apply for a loan with KreditBee, you need to meet the following criteria:

1. Nationality: Must be an Indian national.
2. Age: Must be over 21 years old.
3. Income: Must have a steady monthly income.

Steps to Avail Loan

1. Install the KreditBee App: Download from the Google Play Store or Apple App Store.
2. Sign Up: Register using your mobile number.
3. Eligibility Check: Provide your PAN number to check eligibility.
4. KYC Verification: Upload the necessary KYC documents.
5. Loan Selection: Choose your loan amount and tenure.
6. Bank Details: Provide your bank account details.
7. Money Transfer: Request funds to be transferred to your account.

With KreditBee, you not only get access to quick loans but also a financial partner that understands your needs. Our dedicated customer support team ensures a seamless experience throughout your loan journey. Unlock a world of financial possibilities and take control of your finances today with KreditBee.