In today’s Digital world, accessing Instant cash is no longer challenging. With platforms like KreditBee, borrowers can get quick personal loans directly into their bank accounts within a few minutes without lengthy paperwork. Whether you’re a salaried professional or self-employed, KreditBee offers an easy and hassle-free borrowing experience up to 10 Lakhs, depending on your profile. Whether for emergencies, medical bills, or travel, KreditBee provides collateral-free loans with flexible repayment options.
KreditBee Instant Loan App
KreditBee is a popular instant loan app in India that provides various types of loans, including Personal Loans, Business Loans, Two-wheeler Loans, and loans against property. It provides personal loans to young professionals and salaried individuals with minimal documentation and quick disbursal. The platform is managed by Finnovation Tech Solutions Pvt. Ltd. and is registered with the RBI as an NBFC via its lending partners.
| App Name | KreditBee |
| Category | Instant Loan App |
| Loan Type | Personal Loan Business Loan Two Wheeler Loan Loan against Property |
| Amount | Up to ₹10 Lakhs |
| Process | Online |
| Repayment Tenue | Up to 60 Months |
| Required Credit Score | 500-650 |
| Approval Type | Quick |
| Interest Rate | up to 29.95% |
| Disbursal Time | 1 0 mins |
| Required Documents | PAN & Aadhaar Card |
| App Link | Download |
| Credit Check | Soft inquiry (minimal CIBIL impact) |
Types of Loans Offered by KreditBee
KreditBee offers personal loans to young professionals and salaried individuals, ranging from ₹6,000 to ₹10 lakhs based on your profile. Additionally, you can avail Business Loan, a Two Wheeler Loan, and a Loan against Property. Check out the details below!
Personal Loan
Need funds urgently? Get a personal loan from ₹6,000 to ₹10 Lakhs with flexible EMIs from 6 to 60 months. Easy online application, quick disbursal, and financial support when you need it.
| Loan Amount | Up to ₹1.5 Lakh (non-salaried individuals) up to ₹ 4 Lakh (Salaried persons) |
| Repayment Tenure | 6 to 60 months |
| Verification Type | 100% Paperless |
| Processing and Disbursal | 10 minutes |
| Required Documents | PAN, Aadhaar, & PAN Card Requires salary proof (For Salaried Person) |
Business Loan
Expand your business with a loan from ₹6,000 to ₹5 Lakhs, featuring flexible repayment from 6 to 48 months. Quick approval, hassle-free process, and funds to help your business grow seamlessly.
| Loan Amount | ₹6,000 to ₹5 Lakhs |
| Repayment Tenure | 6 to 48 months |
| Verification Type | 100% Paperless |
| Processing and Disbursal | Quick |
| Interest Rates | 12% to 28.5% |
| Required Documents | PAN, Business Income Proof, & Business Ownership Proof |
Two Wheeler Loan
Finance your dream ride in Bangalore with loans up to ₹5 Lakhs and flexible tenures up to 60 months. Quick approval, hassle-free process, and easy repayment for your convenience.
| Loan Amount | ₹10000 to ₹5 Lakhs |
| Repayment Tenure | 6 to 60 months |
| Processing Fee | up to 5.1% + GST |
| Interest Rates | up to 28.5% p.a |
| Serviceable Region | Bangalore |
| Required Documents | Photograph PAN Address Proof (Permanent & Current Address) Income Proof (Bank Statements reflecting Monthly Income) Vehicle invoice (provided by dealer) Downpayment receipt (provided by dealer) Insurance Papers (provided by dealer) RTO Details paper (signed by customer) |
Loan Against Property
Unlock a world of financial flexibility with KreditBee’s Loan Against Property. Tailored to meet both personal and business needs, our mortgage loan offers a range of features designed to provide you with the support you need, when you need it most.
| Loan Amount | up to ₹1 Crores |
| Repayment Tenure | 12 months to 20 years |
| Interest Rates | starting from 12% p.a |
| Processing Fee | up to 5.1% + GST |
| Required Documents | Photograph PAN Address Proof (Permanent & Current Address) Income Proof (Bank Statements reflecting Monthly Income) Employment Proof for Salaried Applicants Business ownership proof for business applicants Property titles, deeds, and documents |
How to Apply for a KreditBee Loan?
- Install the KreditBee App on your Phone using this link.
- Register with your mobile number.
- Complete KYC by uploading PAN & Aadhaar (e-KYC verification).
- Enter employment & bank details.
- Once you submit all the required details, KreditBee will analyze your profile and offer you a loan amount.
- Choose the Loan amount & select the repayment tenure.
- Check the EMI breakdown.
- Approval in 10 minutes – 24 hours.
- Amount credited to your bank account directly.
Interest Rates & Charges
- Interest Rate: Starts from 0% and goes up to 29.95% per annum
- Processing Fee: Up to 5.1% + GST depending on loan amount and tenure. (Wave off Processing fee Coupon Code)
- Late Payment Penalty: ₹500 to ₹1,000 approx (based on loan size)
- Foreclosure charges: 4% of the principal outstanding* + GST will be charged in case Foreclosure is opted for
- Part-Prepayment Charges: 4% of the principal prepaid* + GST will be charged in case Part-Prepayment is opted
- Penal Charges:
- EMI bounce charge (1st day): 4% of principal overdue* or ₹500, whichever is lower
- Penal charges for 2-180 days: 36% per annum on principal overdue (+ GST if applicable on penal charges)
For example, if you are a salaried individual taking a loan amount of ₹50,000 at the rate of 20% p.a. and with a tenure of 12 months; the amount disbursed to your account would be ₹48,289 after deducting the following applicable fees and charges:
- Processing Fee: ₹1,250 (2.5%)
- Onboarding Fee for New Customers: ₹200
- GST on Onboarding and Processing Fee: ₹261
- Your EMI will be ₹4,632 for months with a total repayment amount of ₹55,580.
- The total interest will be ₹5,580 at an Annual Percentage Rate (APR) of 26.92%
Note: *The exact tenure and interest rate may vary as per the policies of the company in vogue, based on and not limited to the customer profile, past track record, loan amount, etc.
Conclusion
If you are looking for a trusted instant loan app in India, KreditBee is one of the top choices. Whether you need money for medical expenses, urgent bills, or online shopping, KreditBee makes borrowing easy, fast, and accessible.
Disclaimer: Loan approval is subject to credit assessment and KYC verification. Always borrow responsibly and repay on time to maintain a healthy credit score. LoanCr.Com does not provide loans or financial services. This article is for informational purposes only. Please read all terms and conditions on FatakPay’s official app or website before applying.