More than 70 million Indians rely on the online personal loan app KreditBee. For a hassle-free experience, quickly obtain a personal loan with appealing interest rates. You can apply for a fast online loan and receive the money straight into your bank account. Get quick money anywhere, at any time, whether you’re self-employed or on a salary.
- Personal loans online ranging from ₹6,000 to ₹10,000,000.
- Interest rates range from 12% to 28.5% annually.
- Durations: 6 to 60 months
- Range of APR: 17% to 50%
- Minimal transaction costs
- Easy EMIs and fast loans
Why is KreditBee the best option for all customers?
- Fast online loan
- Low rates of interest
- Simple application procedure
- Quick approval of a loan
- Processing digitally and disbursing loans quickly
- Simple payments with affordable EMIs
Features of KreditBee’s Personal Loan App
- Our online personal loan app offers quick approval, flexible repayment options, and hassle-free documentation.
- You can repay your loan between 6 to 60 months based on your eligibility.
- Submit required paperwork online.
- Full transparency with no hidden costs.
- Convenient access to rapid personal loans anytime, anyplace.
- Languages: English & Hindi
Why KreditBee?
- Loans for all purposes, including funding large purchases, short or long domestic/international trips, schooling, shopping, wedding expenses, debt consolidation, and emergency home repairs or medical bills.
- Flexible Interest Rates: Our loans include annual interest rates ranging from 12% to 28.5%.
- Security: We exclusively work with RBI-certified NBFCs and banks.
Our RBI-registered lending partners are Krazybee Services Pvt. Ltd. and Incred Financial Services Ltd.
- Vivriti Capital Private Limited.
- Northern Arc Capital Limited.
- MAS Financial Services Limited.
- Cholamandalam Investment & Finance Company Ltd.
- PayU Finance India Pvt. Limited.
- Poonawalla Fincorp Limited.
- Piramal Capital and Housing Finance Limited.
- Kisetsu Saison Finance (India) Private Limited.
- Mirae Asset Financial Services (India) Pvt. Ltd. Tata Capital Ltd.
Types of Loans
- Personal loans are available for salaried and self-employed individuals with adjustable payback terms of 6 to 60 months. Loan amounts range from 6,000 to 10,000.
- Business loans range from ₹6,000 to ₹5,00,000, with adjustable tenures of 6 to 48 months.
- Get a two-wheeler loan up to ₹5,00,000 with various tenures of 6 to 60 months.
- Use your plot or property as security for a loan up to ₹1 crore. Repay over a long period of up to 20 years, with lower interest rates starting at 12%. Available to residents of all major cities in South India.
An example of a personal loan
- Amount of Loan: ₹50,000
- Duration: 12 months
- Interest rate: 20% annually
- Processing fee: 2.5%, or ₹1,250
- New customer onboarding fee: ₹200
- GST on Processing Fee & Onboarding: ₹261
- Interest total: ₹5,580
- EMI: 4,632
- 26.92% APR
- Disbursed Amount: ₹48,289
- Amount Repaid in Total: ₹55,580
Qualifications
- a) An Indian national
- b) Elderly
- c) Consistent monthly income
How to apply for a loan
- Get the KreditBee app installed.
- Register with a mobile number
- Enter your PAN number and verify your eligibility.
- Get your profile validated by uploading KYC documents, such as proof of address.
- Decide on tenure and amount
- Give the details of your bank account.
- Make a bank account transfer request.