KreditBee Loan: Interest Rate, Eligibility & Apply Online

Are you in need of an Instant personal loan? You can take a personal loan from the KreditBee App within minutes. Kreditbee Loan is an RBI-registered online loan app that provides quick and hassle-free instant personal loans. If you are a salaried or self-employed individual you can take loans up to ₹10 lacs. 

With low interest rates, minimal documentation and fast approvals, you can get a personal loan within minutes. In this guide, we will cover Kreditbee loan interest rates, eligibility, required documents, repayment options, FAQs and more.

What is Kreditbee?

Kreditbee is a RBI-approved digital lending platform, that offers instant personal loans. It offers personal loans to Salaried and self-employed individuals, who require financial assistance. The Kreditbee app is designed to offer quick, easy, short-term and long-term loans. 

KreditBee has tied up with many Non-Banking Financial Companies (NBFCs) / Banks that RBI licenses. The KreditBee app was launched by Finnovation Tech Solutions Pvt Ltd and has over 10,00,000+ downloads.

 KreditBee App Lending Partners –

Krazybee Services Pvt. Ltd.

Incred Financial Services Ltd.

Vivriti Capital Pvt. Ltd.

Northern Arc Capital Ltd.

MAS Financial Services Ltd.

Cholamandalam Investment and Finance Company Ltd.

PayU Finance India Pvt. Ltd.

Poonawalla Fincorp Ltd.

Piramal Capital & Housing Finance Ltd.

Kisetsu Saison Finance (India) Pvt Ltd.

Mirae Asset Financial Services (India) Pvt. Ltd.

Tata Capital Ltd.

Key Features of Kreditbee Loans

• Simple, quick, easy-to-use Kreditbee App.
• Quick approval and instant disbursal.
• Loan Amounts – ₹1 lac to ₹ 10 lacs. 
• Loan Tenure – 7 months to 36 months.
• 100% online process and online documentation upload.
• No collateral is required.

Kreditbee Loan Interest Rate and Other Charges

Kreditbee loan interest rate ranges from 17% to 29.95% p.a. Kreditbee interest rate depends on your credit score, profile and loan amount. Before taking a loan, you should be aware of other charges like processing fees, Prepayment charges, Late payment charges, etc. 

Kreditbee Interest Rate	17% to 29.95% p. a.
Processing fees	2% to 5% of loan amount
Prepayment charges	2% to 4%, if paid before tenure ends.
Late Payment Charges	₹500 to ₹2000
Onboarding Fees	$ 200 for new customers

Kreditbee Personal Loan Eligibility

Before applying, make sure to check Kreditbee loan eligibility.

• Nationality – Indian
• Age – 21 years to 60 years
• Employment – Salaried or self-employed
• Minimum Monthly Income – $ 15,000 or more
• Credit Score – more than 650

Documents Required for Kreditbee Loan

• Aadhar Card (for ID proof and address proof)
• PAN Card (for DOB)
• Salary Slips for the last 3 months
• Bank Statements for last 3-6 months
• Selfie

How to apply for a Kreditbee Loan? Step-by-step Guide

• Also Read – Navi Loan App Review | How to Get a Personal Loan Instantly
• Also Read – PaySense Personal Loan Review, Eligibility, Interest Rate, Process

Types of loans from the KreditBee App

KreditBee offers 4 types of instant personal loans. 

1)   KreditBee Flexi Personal Loan

In Flexi Personal Loan from Kreditbee, you can loan from ₹ 3000 to ₹ 80,000 for a short tenure of 7-10 months. You will only need a PAN card and proof of address to avail yourself of this Kreditbee loan. Interest Rates on KreditBee Flexi Personal Loan are in the range of 24% to 29.95%. Processing fees depend on loan amounts and range from ₹150 to ₹4,356.

2)   KreditBee Personal Loan for Salaried Employees

This Kreditbee personal loan is specially meant for salaried employees, for people who earn a regular monthly income. You can avail of a personal loan of ₹ 10,000 to ₹ 10,00,000 for a tenure of 7 to 36 months. As it is meant for salaried people you will have to upload a salary slip along with a PAN card and address proof and the amount will be deposited in your bank account directly. Interest Rates for KreditBee Personal Loan for Salaried Employees range from 17% to 29.95%. Processing fees will depend on the loan amount and tenure and range from ₹600 to ₹13,750.

3)   KreditBee Personal loan for Self-Employed

Self-employed employees with income proof can avail of this Kredtibee loan, where you can take a loan of ₹10,000 to ₹ 10,00,000 with flexible tenures of 7 to 24 months. To avail of this loan, you will have to upload a PAN card, Address proof, and Income proof. Interest rates range from 16% to 29.95%.  Processing fees will depend on the loan amount and tenure and range from ₹420 to ₹8,400.

4)   KreditBee Loan – Purchase on EMI

You can now purchase Online or offline from 2 lakh+ merchants. You can avail of a Purchase on EMI loan up to ₹ 2,00,000 with flexible tenures of 3 to 18 months. Interest Rates for Purchases on EMI loans range from 8% to 26% and processing fees start from ₹ 48. You will only need a PAN card and proof of address to take advantage of this online purchase loan.

5)   KreditBee Business Loan

Businessmen can now avail of instant personal loans from KreditBee Loans. You can

avail of collateral-free Business loans ranging from ₹1,000 to ₹4 Lakhs for Tenure

ranging from 7 months to 24 months. Processing Fee ranges from ₹350 to 

₹16,800.

KreditBee Loan Repayment & EMI Options

Multiple options are available for Kreditbee Loan Repayment.

• Make online payment via Kreditbee App
• You can set Auto-debit from your bank account.
• You have the option to pay via. UPI, net banking or Debit card payment.
• Prepayment or Foreclosure.

🚀 Want to Apply? Click here to download the KreditBee App and get your loan instantly!

Kreditbee Loan FAQs