Interest Rate: 12% to 28.5% per annum (depending on your credit profile and loan amount)
Repayment Tenure: 6 to 60 months
Processing Fee: Up to 5.1% of the loan amount + GST
Disbursal Time: Typically within 10 minutes after approval
Collateral: None required (unsecured loan)
Eligibility
Age: 21 to 60 years old
Citizenship: Indian Citizen
Employment Type: Salaried and self-employed individuals
Minimum Income: A net monthly income of at least ₹10,000.(Household income should be more than ₹25,000/month).
Credit Score: While a good CIBIL score gets you the best interest rates, KreditBee also considers applicants with lower scores or those who are new to credit.
Documents Required
Photograph (Selfie)
Identity Proof: PAN Card
Address Proof: Aadhaar Card, Passport, or Voter ID
Income Proof: Latest bank statements showing salary credits.Salaried employees may also be asked for a salary slip or company ID.