How To Take Loan From KreditBee App 2024 Many such tasks happen in our normal life. Which we cannot do without money. If you also need money immediately and you do not want to lend money to anyone, then in today’s article we will tell you.How to take loan from KreditBee App We are going to tell you about it in detail. With KreditBee App, you can easily take a loan of Rs 1000 to Rs 2 lakh in a very short time. If you also need a personal loan then definitely read this article post till the last.
KreditBee is an online platform that facilitates loan transactions between Banks/NBFCs and borrowers. The interest rates on personal loans available through this platform start from 12.25% per annum. It offers loan amount up to Rs 4 lakh for a tenure of up to 2 years. KreditBee Personal Loan amount is transferred instantly (within 15 minutes of loan application approval) and requires minimal documentation.
KreditBee also offers pre-closure facility on its personal loan. To know how Kreditbee gives loan, read this article carefully till the end.
What is KreditBee Loan App?
KreditBee App is a mobile application that provides instant personal loan. This App is Approved by NBFC. And works as per the rules of RBI. KreditBee App was published on Google Play Store in 2018.And till now this Loan App has been downloaded by 10 Million i.e. 1 Crore people. Kreditbee Loan App has been working in providing loans to needy people across India since 2018.
According to KreditBee app, this app is certified by RBI and NBFC which has got a rating of 4.5* in Play Store and has been downloaded by more than one crore people. Thus, 12 NBFC Institutions are associated as lending partners of the Credited loan app. Through this app, you can take loan amount from ₹ 1000 to maximum ₹ 400000 in your account sitting at home by just applying through mobile phone.
Things to keep in mind while taking loan from Kredit Bee App
- Must be an Indian citizen.
- You must be 21 or older.
- Personal Loan: Salaried people, or Flexi Loan, or self-employed people can take Personal Loan from Credit Bee App.
- Those people who have any source of income or are employees in Government or Private Organization, their loan will get fast approval.
- If your Credit History or Cibil Score is good i.e. above 650 then it will be easy to get the loan.
- Your mobile number should be linked to your bank account, PAN card and Aadhar card.
For example:-
For example, if you have taken a loan of ₹ 50000 from Creditbee Loan App.
- Loan Amount = ₹50000.
- Loan Repayment Period=12 months.
- Interest rate annually = 20% (yearly).
- Processing Fee = ₹1250 (2.5%).
- Rs 200 extra for new customer and including GST Rs 261.
- In this way your total interest rate will be Rs 5,580.
- Monthly EMI = ₹ 4,632 and Loan Amount = ₹ 48,289 will come to your account after deducting all the charges.
In this way you will be able to pay the total loan to Credited Loan App = ₹ 55,580 finally.
Types of loans available from Kredit Bee App
Friends, you can take Instant Personal Loan from Kredit Bee App. But Personal Loan is also divided into five different types of categories.
Credit Bee Flexi Personal Loan
In the Flexi Personal Loan category of KreditEbi Loan App, you can take a loan of Rs 11,000 to Rs 15,000. You can take a loan of Rs 11 thousand for 3 months. You can take a loan of Rs 15 thousand for 4 months. If you take a loan of Rs 11 thousand from Kredit Bee App for 3 months, then your Processing Fee of Rs 745, Agreement Fee of Rs 20, GST of Rs 138 will be deducted first by the Kredit Bee App Company. And Rs 10,097 will be sent to your bank account. You will also have to pay back the amount of this loan in 3 months.
CreditBee Online Purchase Loan
In this category of KreditBee Loan App, you can take a loan of Rs 26,300 for up to 6 months. You can easily buy through this loan. With the help of KreditBee Loan App E-voucher you can avail loan from Flipkart, Amazon, etc. You can shop from Online Shopping Website.
Personal Loan for Employed People
This loan is transferred to eligible employed applicants within 1 working day of applying for the loan. KreditBee prefers to offer loans to employees who wish to continue working with their current employer/company during their loan tenure.
| 1. | Duration | 3 to 15 months |
| 2. | Loan Amount | Rs 10,000 to Rs 3 lakh. |
| 3. | Rate of interest | 00% – 29.95% per annum |
| 4. | Minimum Salary | Rs.15,000 per month (net). A working person can take a loan up to 200% of his monthly net salary. |
Personal Loan Salaried
In this category of loan, you can take a loan up to Rs 2 lakh for 12 months, if you are a salaried person. Personal Loan is not given to all salaried people. When you sign in to KreditBee Loan App, Personal Loan Salaried Loan will remain locked.
Online Purchase Loan / E-Voucher Loan
Online Purchase Loan / E-Voucher Loan is provided to employed persons on KreditBee Partner Platform to raise money for shopping. Applicants can register on KreditBee and make down payment in advance to avail E-Voucher on EMI for shopping on multiple online platforms.
| 1. | Duration | E-Voucher expires within one year from the date of issue |
| 2. | loan amount | The voucher loan amount must be within the prescribed credit limit (available on the Kredit Bee App) and the amount of down payment selected to purchase the product. |
| 3. | Rate of interest | 12% – 24% per annum |
KreditBee Loan Processing Fees and Interest Rates
Talking about the interest rate and processing fee on taking loan from KreditBee Loan App, currently the interest rates are being charged 0%-29.95% per annum. And in case of Processing Fee, 2.5% of your loan amount will be deducted along with GST and ₹200 extra charge will be made for new customers.
KreditBee Payment Period and Civil Score
In terms of repayment period of KreditBee Loan, you get a time period of at least 3 months to 24 months in which you can easily repay the loan. And if the CIBIL score is 650 or above then loans are easily available in any institution. Higher Cibil Score means more chances for you to get the loan.
KreditBee Loan Features
- 100% online process
- Loans in a short period of time
- Get loan amount directly into bank account
- Minimum documentation required
- Online KYC process
- Facility to take loan as per need.
Eligibility to take loan from Kredit Bee App
- Applicant must be an Indian citizen
- To take a loan, the age of the applicant should be 21 years.
- Bank Account
- You must have some source of income. So that you can easily repay the loan EMI.
Documents to take loan from KreditEbi Loan App
- PAN card
- Aadhaar card
- Latest Photo
How to take loan from Kredit Bee App?
if youKreditEbi If you fulfill the complete conditions of loan application, then you can easily apply online to take the loan.
- First of all you have to install Kredit Bee Instant Personal Loan App from Google Play Store in your mobile phone.
- Now you have to sign in to this app with Facebook or Google account.
- You have to choose the category of loan as per your requirement, fill all the required information correctly and upload the required documents.
- Complete the Photo Online KYC process and enter the bank account information. After this your loan approval process will be completed.
- After this your loan amount will be sent directly to your bank account.
KreditBee Personal Loan Customer Care
You can contact the Customer Care Department of Credit B in the following ways.
- You can call 080-4429-2200 (call charges apply)
- You can send email to help@kreditbee.in
Address: 3rd Floor, No. 100, The Royal Stone Tech Park, Benninganahalli, K.R.Puram, Bengaluru, India – 560016