KreditBee Loan Process: Fast Approval & Flexible Repayment

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KreditBee is an Indian loan application that provides personal loans and instant cash loans. This app is primarily designed for salaried individuals and students. KreditBee gives you options for instant loan approval, minimum documentation, and quick disbursal.

KreditBee Loan Process:

  1. Sign Up:
  • First of all, you have to download KreditBee app (from Android / iOS).
  • While signing up, you have to provide your basic personal information and KYC (Know Your Customer) details (like Aadhaar card, PAN card, etc.).
  1. Loan Application:
  • You can fill the loan application by choosing the loan amount and tenure.
  • KreditBee decides the loan amount and interest rate based on your credit score and other factors.
  1. Verification:
  • Your documents are verified (Aadhaar, PAN card, bank account details, etc.).
  • If your profile is suitable, the loan approval process starts.
  1. Approval & Disbursement:
  • After the loan application process, if you are eligible, your loan is approved instantly.
  • The approved loan amount is transferred to your linked bank account or e-wallet.
  1. Repayment:
  • KreditBee offers flexible repayment options. You can repay the loan in EMI (Equated Monthly Installment), which is calculated on the basis of your loan amount and tenure.
  • Repayment period typically ranges between 3 months to 24 months.

Loan Amount and Interest Rates:

  • Loan Amount: ₹1,000 to ₹1,00,000.
  • Interest Rate: 1.5% to 2.5% per month, which is based on your eligibility and loan amount.

Eligibility Criteria:

  • Age: 21-50 years
  • Employment: Salaried individuals (full-time job, with minimum monthly income)
  • Credit Score: Credit score also has an impact, but under KreditBee guidelines, people with lower credit scores can also apply.

KreditBee’s loan process is quite simple and fast, which can help you for emergency financial requirements.

Customer Support

KreditBee offers several channels for customer support:

  • Phone: 080-4429-2200 or 080-6853-4522
  • Email: help@kreditbee.in
  • Address: KreditBee, 16/3, Adarsh Yelavarthy Centre, Opposite Frank Anthony School, Cambridge Layout, Jogupalya, Bangalore, Karnataka 560008, India
  • You can also contact them through social media

Note

While applying for a loan, your name and date of birth on your Aadhar card and PAN card should be correct and your name in the bank account should also be the same. There should not be even a slight spelling mistake. Otherwise, there can be a problem in loan approval.