KreditBee is an online platform facilitating loan transactions between banks/NBFCs and borrowers. The personal loan interest rates available through the platform starts from 12.25% p.a. for loan amounts of up to Rs 4 lakh and for tenures of up to 2 years. KreditBee Personal Loan comes with instant disbursal (within 10 minutes) and with minimal documentation. KreditBee also provides pre-closure facility on their personal loans.
KreditBee Loan Customer Care & App Details
| KreditBee Loan Interest Rate | Flexi Personal Loan: 12.25% – 30.00% p.a. Personal Loan for Salaried: 24.00% – 29.95% |
| Personal loan Process | Completely digital, Contactless, Paperless Process |
| Processing Fee | For Flexi Personal Loan: Rs 85 to Rs 1,250 For Personal Loan for Salaried (for loan amount from Rs 10,000 to Rs 2 lakh): Up to 6% of the loan amount (minimum Rs 500) For Online Purchase Loan/E-Voucher Loan: Up to 5% of the loan amount |
| Loan tenure | 62 days to 2 years |
| Maximum Loan Amount | Rs 1,000 to Rs 4 lakh |
| Age Limit | 21 to 45 years old. |
| Citizenship | Indian Citizen |
| Example Loan | 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 |
| KreditBee Loan Customer Care Number | 080-4429-2200 |
| help@kreditbee.in |
Features of KreditBee Loan App
Types of KreditBee Personal Loans
Flexi Personal Loan
- Flexi Personal Loan is aimed at salaried individuals looking for small-ticket size loans for meeting unexpected emergencies or taking care of small expenses (insurance premiums, utility bills, etc.). The loan amount is disbursed within 10 minutes of application
- Tenure: 2 months (minimum 62 days) to 6 months
- Loan Amount: Rs 1,000 – Rs 10,000 (Based on the repayment track record and other factors, borrowers can increase their loan amount eligibility to Rs 1 lakh at later stages)
- Interest Rate: 12.25% – 30.00% p.a.
- Minimum Salary requirement: More than Rs 10,000 per month (net)
Personal Loan for Salaried
- Personal Loan for Salaried is disbursed to eligible salaried applicants within 1 working day of making loan application. KreditBee prefers providing loans to employees seeking to continue with their existing employers during their loan tenure.
- Tenure: 3 months to 2 years
- Loan Amount: Rs 10,000 to Rs 4 lakh
- Interest Rate: 24.00% – 29.95% p.a.
- Minimum Salary requirement: More than Rs 10,000 per month (net). A salaried individual can take a loan up to 200% of their monthly net salary
Online Purchase Loan/E-Voucher Loan
- Online Purchase Loan/E-Voucher Loan is offered to salaried individuals for financing their shopping on KreditBee partner platforms. They can register on KreditBee and make an upfront down payment to avail E-Vouchers on EMI to shop on multiple online platforms.
- Tenure: The E-Voucher expires within a year from the date of issue
- Loan Amount: The E-Voucher loan amount should be within the assigned credit limit (available on the KreditBee app) and the down payment amount selected for purchasing the product.
KreditBee Loan App Eligibility Criteria
The eligibility criteria for KreditBee Personal Loan is similar to the eligibility criteria for personal loans set by most banks and NBFCs. Some of the main factors considered by KreditBee for ascertaining the personal loan eligibility of their loan applicants are as follows:
Eligibility for Flexi Personal Loan
- Indian Citizen
- Minimum Salary requirement: Rs 10,000 per month (net)
- Age: 21 to 45 years
Personal Loan for Salaried
- Indian Citizen
- Minimum Salary requirement: Rs 15,000 per month (net)
- Age: 21 to 45 years
- Work Experience: At least 3 months (in the current organization)
Online Purchase Loan/E-Voucher Loan
- Indian Citizen
- Age: above 21 years
KreditBee Personal Loan EMI Calculator
Documentation Required for Personal Loan from KreditBee
Flexi Personal Loan
- PAN Card
- Address Proof: Voter ID Card, Aadhaar Card, Passport
Personal Loan for Salaried
- PAN Card
- Address Proof: Voter ID Card, Aadhaar Card, Passport
- Bank statement of salary account
- Salary slips
Online Purchase Loan/E-Voucher Loan
- PAN Card
- KYC Address Proof
How to apply for KreditBee Loan Online?
The entire process of availing KreditBee instant personal loan is online. You can get an instant personal loan of up to Rs 4 lakh by following a few easy steps. Here we will tell you how to fill out your loan form. Here, you can get loan approval.
- Click on the Apply Now button below to apply for the loan.
- Sign up using mobile number
- Provide PAN number & check your eligibility
- Upload KYC documents, including your address and get your profile verified
- Choose your loan amount and tenure
- Provide your bank details
- Request money transfer in your bank account
KreditBee Personal Loan Apply Link:
KreditBee Loan Related FAQ:
Is it Safe to Use KreditBee Loan App ?
Yes , You can easily trust KreditBee Loan because it was Registered with RBI and also trusted by us . But one thing you have to know that their was Duplicate apps of KreditBee in the Playstore . Beware of them , So please download the KreditBee loan App from our Link which given above.