KreditBee Apk Download Latest Version For Android 2021

KreditBee Apk

KreditBee is a platform facilitating the loan transactions between the borrowers and the NBFCs/Banks. All loan applications are approved and sanctioned by NBFCs/Banks registered with RBI and communicated upfront during Loan application.

KreditBee is a Personal Loan Platform for Young Professionals, where they can apply for Personal Loan for Salaried upto ₹ 2 Lakh as per their requirement. The documentation is very minimal, and the entire process starting from registration to disbursement does not take more than 15 minutes. The application process is completely online, and on approval, the cash is immediately transferred to the bank account of the user.

https://play.google.com/store/apps/details?id=com.kreditbee.android&hl=en_IN&gl=US

  • Personal Loan upto ₹2 lakh for 62 days to 15 months at 0-2.49% per month
  • Loans range from ₹1,000 to ₹200,000
  • Tenure: 62 days to 15 months.

KreditBee Apk Loan Types

Flexi Personal Loan – A flexible loan option where you can avail loans within 10 minutes of app install as direct bank transfer. All you need is your PAN Card, ID & Address Proof, and you can avail from ₹1,000 to ₹50,000 for a tenure ranging from 62 days to 6 months.

Personal Loan for Salaried – A personal loan option where you can avail amounts from ₹10,000 to ₹2 Lakhs as direct bank transfer for a tenure ranging from 3 to 15 months. All you need is your PAN Card, ID, Address Proof and Salary Proof.

Online Purchase Loan – A loan option where you can Buy anything Now, Pay Later in EMIs. Via this option, you can avail e-vouchers on KreditBee App on loan, purchase on KreditBee’s partner platforms like Flipkart, Amazon, MakeMyTrip, Myntra & many more through those e-vouchers, and pay KreditBee later in EMIs.

KreditBee Apk Download

App Info
App Download Version 1.4.4
Last Updated Mar 18, 2021
Apk Size 12M
App by Finnovation Tech Solutions Pvt Ltd
Category Free Finance App
Content Rating Rated for 3+
Support Android Version Android 19 and above
App Package com.kreditbee.android
Get it on Google Play
Link to Developer Website
Personal Loan App Online Loan – KreditBee apk content rating is Rated for 3+ and can be downloaded and installed on android devices supporting 19 api and above.

Loans range from ₹1,000 to ₹200,000
Tenure: 62 days to 15 months. Interest rates range from 0%-29.95% depending on risk profile of customer and product availed.
Example: If loan amount is ₹50,000 & interest is 20% per annum with tenure of 12 months, a processing fee of ₹1,250 would be charged. In case it is a new customer, one time onboarding fees of ₹350 is charged. The interest for 12 months would come out to be ₹5,581. The EMI per month would be ₹4,632. This would translate to maximum APR of 23.2%.

KreditBee is a Personal Loan App & Credit Platform for Young Professionals across India, where you can apply for Personal Loan Online & avail up to ₹2 Lakh as Direct Cash Transfer to Bank Account.

KreditBee is a platform facilitating the loan transactions between the borrowers and the NBFCs/Banks. All loan applications are approved and sanctioned by NBFCs/Banks registered with RBI and communicated upfront during Loan application.

One of our primary partner NBFCs – Krazybee Services Private Limited is a Systemically Important NBFC within the group companies carrying the KreditBee brand.

Loan Types

Flexi Personal Loan – A flexible loan option where you can avail loans within 10 minutes as direct bank transfer. All you need is your PAN Card & Address Proof to avail ₹1,000 to ₹50,000 for a tenure ranging from 62 days to 6 months.

Personal Loan for Salaried – A personal loan option where you can avail amounts from ₹10,000 to ₹2 Lakhs as direct bank transfer for tenure ranging from 3 to 15 months. All you need is your PAN Card, Address Proof and Salary Proof.

Online Purchase Loan – A loan option where you can Buy anything Now, Pay Later in EMIs. Via this option, you can avail E-vouchers on KreditBee App on loan, purchase on KreditBee’s partner platforms like Flipkart, Amazon & many more through those e-vouchers, and pay later in EMIs.

Features

1. 100% Online process
2. Fast approval
3. Immediate bank transfer

Eligibility

1. Indian resident
2. Above the age of 21 years
3. Should have monthly source of income

How to get started

1. Install KrediBee App
2. Create your account
3. Fill your basic details to check first level eligibility
4. Upload KYC documents – ID, Address Proof & PAN card
5. Avail Loan as bank transfer or E-voucher as per your request

Amount, Tenure, Fees & Charges

Loan amount: ₹1,000 to ₹200,000, Tenure: 62 days-15 months. KreditBee charges one-time service fee while onboarding or during upgrade which is ₹20-₹350 depending on the risk profile and membership band availed by customer. Interest rates range from 0%-29.95% with equivalent monthly interest rate of 0%-2.49% only. A small processing fee is charged for loans e.g. for low risk customers 0%-3% of the principal, for very high-risk customers 2.5%-6.5%*. The charges and repayment tenures vary based on creditworthiness and repayment ability of the customers.

Penalty is charged only when someone delays their scheduled payment.

The APR for different products is separate as per the risk profile of the customers. The APR for different personal loan products: low risk customers is 0%-36%, medium risk customers is 18%-39%, high risk customers is 24%-42% and very high-risk customers is 24%-70%.

In addition, GST will be applicable only on the fee components as per Indian laws.

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