Introduction: KreditBee is a user-friendly app and online platform that provides personal loans to salaried individuals up to Rs. 3 lakhs, with minimal documentation. This article provides an overview of KreditBee's features, target audience, application process, and frequently asked questions.
Features: KreditBee offers the following features:
Loan amount ranging from Rs. 1,000 to Rs. 3 lakhs
The entire application process is online
Interest rates ranging from 15% to 29.95% per annum
Processing fee - Rs. 85 to up to 6% of the loan amount
Collateral-free loan
Disbursal as quick as 15 minutes
Target Audience: KreditBee's target audience includes salaried and self-employed individuals with a monthly income of Rs.8,000+ and a credit score of 680+ CIBIL. The platform is ideal for young professionals aged between 21-45 years who are looking for a personal loan.
Application Process: The application process for KreditBee is straightforward and can be completed in the following steps:
click on the link and fill in the required details like name, mobile number, email ID, and pincode and click on start journey now.
The customer will be redirected to the official page of KreditBee for the application process.
The customer has to sign in using their mobile number and click on the 'Continue' option.
They need to enter the OTP received on their mobile number and click 'Submit.'
Click on the 'Continue Application' button and fill in the next fields as required.
Once the application is completed and KYC has been performed, it is time to submit it.
The lender will take a few minutes to evaluate the customer's profile.
Once the application is approved by the lender, the customer will have to tap on the eligible amount and click the 'Get it now' option to continue.
Bank account details will be required in the next fields.
After the bank account verification is done, the customer has to sign the loan agreement.
The customer will then be able to transfer the amount to their account.
After this process, the payout for the loan will be reflected in their total balance.
Frequently Asked Questions:
What are the interest charges for KreditBee personal loans? KreditBee personal loans come at an interest rate starting from 15% p.a. The charges vary depending on factors such as loan amount and repayment period.
How long does the application process take? The application process is very easy and should not take more than 15 minutes of your time.
Conclusion: KreditBee offers an easy-to-use app and online platform for salaried individuals who require a personal loan. With a simple application process and quick disbursal, KreditBee is an ideal choice for young professionals looking for financial assistance.