Money view personal loan Full detail information
Moneyview, a digital platform run by WhizDM Innovations Pvt. Ltd., offers Instant Personal Loans @ 1.33% per month (15.96% p.a.) onwards for loan amounts of up to Rs 10 lakh and for tenures of up to 5 years. Personal loan applicants can check their eligibility within 2 minutes and can get their loan amount disbursed within 24 hours of approval. The entire process from loan application to disbursement is completely digital. Moneyview has developed an alternative credit-scoring model to help applicants with low credit scores to get personal loans. However, applicants need to have a minimum CIBIL score of 600 or Experian score of at least 650 to avail Moneyview Personal Loans. Moneyview has also tied-up with Paisabazaar.com to offer pre-approved personal loans to select customers with quick disbursal
| Money view Personal Loan Highlights | |
| Interest Rate | 1.33% per month (15.96% p.a.) onwards |
| Tenure | Up to 5 years |
| Loan Amount | Rs. 5k to 10 lakh |
| Loan processing charges | 2% – 8% of approved loan amount |
| Minimum Monthly Income | For Salaried: Rs 13,500 For Self-employed: Rs 15,000 |
Moneyview Personal Loan Interest Rates
The interest rates for Moneyview Personal Loan start from 1.33% per month (15.96% p.a.) depending on the applicants’ loan amount, credit scores, income profile, occupation profile, employment profile, etc.+
Processing Fees & Charges for Moneyview Personal Loan
| Particulars | Rates |
| Loan processing charges | 2% – 8% of approved loan amount (deducted from loan amount during fund transfer) |
| Interest on overdue EMIs | 2% per month on overdue principal loan amount/EMI |
| Cheque bounce | Rs 500 each time |
| Foreclosure charges | Nil |
| Loan cancellation | No additional charges |
Foreclosure Charges
Moneyview Personal Loan provides the foreclosure option for borrowers (part prepayment is not allowed) but only after they have paid a minimum number of EMIs
| Tenure | Foreclosure |
| Up to 6 months | Not permitted |
| 7 – 18 months | Permitted after payment of 6 EMIs |
| Above 18 months | Permitted after payment of 12 EMIs |
Loan Amount for Moneyview Personal Loan
The loan amount for Moneyview Personal Loan ranges from Rs 5,000 to Rs 10 lakh.
Eligibility Criteria for availing Personal Loan from Moneyview
The eligibility criteria for Moneyview Personal Loan is similar to the criteria set by most banks and NBFCs. Some of the factors considered by Moneyview for determining the personal loan eligbility of their applicants are as follows:
- Both salaried and self-employed individuals are eligible
- Age: 21 to 57 years
- CIBIL score of at least 600 or Experian score of at least 650
- Minimum Income in-hand (per month):
- For salaried –
- Rs 20,000 for Mumbai/Thane or NCR
- Rs 15,000 for metro cities other than Mumbai and NCR
- Rs 13,500 for other areas
- For self-employed – Rs 15,000
- The income should be credited directly to the applicant’s bank account. Applicants who get their salaries in cash are not eligible.
- For salaried –
Documents Required for Moneyview Personal Loan
Moneyview requires minimum documentation to give you a hassle-free loan experience. The following documents are required to avail a personal loan from Moneyview:
Identity proof
PAN Card is the primary ID proof required. But if it is rejected because of image quality issues or other reasons, any one of the following documents will suffice:
- Passport
- Aadhaar Card
- Voter ID Card
- Driver’s License
Address proof
- Passport
- Aadhaar Card
- Voter ID Card
- Driver’s License
- Utility bills (water, gas, electricity) dated within last 60 days
Income proof
- For salaried applicants – Last 3 month bank statements (in PDF format) of the applicant’s salary account showing salary credits
- For self-employed applicants – Last 3 month bank statements (in PDF format)
Money view Personal Loan Customer Care
You can use any of the following means given below to get in touch with money view:
- By Phone: You can call the company’s customer care number 080-4569-2002
- Email: You can also contact customer care via email. The email addresses for specific queries are given below:
Loan Payment Queries: payments@moneyview.in
Loan queries: loans@moneyview.in
General queries: feedback@moneyview.in
Navi Personal Loan
Navi Finserv Ltd. (Navi) offers personal loans starting at 9.9% p.a. onwards for tenures of up to 7 years and for loan amounts of up to Rs 20 lakh. Borrowers can avail the digital personal loan through Navi app with zero processing fees. The cash loan processing is entirely paperless, based on PAN and Aadhaar Number. Navi personal loan is sanctioned within 10 minutes and is disbursed instantly to the applicant’s bank account.
| Navi Personal Loan/Cash Loan Highlights | |
| Interest Rate | 9.9% p.a. onwards |
| Loan Amount | Up to Rs 20 lakhs |
| Loan Tenure | Up to 7 years |
| Preclosure Fees | Nil |
Note: Rates as of 21 February 2024
Navi Personal Loan Full detail Information
Navi personal loan interest rates start @ 9.9% p.a. The final personal loan interest rates offered to the applicants depend upon age, monthly income, job profile, employer’s income, credit score, loan repayment history, etc.
Eligibility Criteria for Navi Personal Loan
Personal loan applicants should meet the below eligibility criteria to avail an instant cash loan from Navi Finserv:
- Indian Citizen Age: 21 to 65 years
- Income criteria: Annual income above Rs 3 lakhs for both salaried and self-employed applicants
- CIBIL score should be above 650
Navi Personal Loan Processing Fees & Charges
Navi Finserv has not disclosed the prepayment or foreclosure charges for personal loans. Hence, borrowers should contact the lender about these charges before foreclosing the loan.
Documents Required for Navi Personal Loan
Stated below are the documents required for availing personal loan or cash loan from Navi Finserv:
- PAN Card
- Aadhaar Card
Buddy Personal Loan Full Detail Information
Many situations arise where you need instant funds. For example, you might have a medical emergency, or you want to study at your dream institution. Maybe a sudden renovation is necessary, or you want to plan the wedding of your dreams, and you need quick money in no time.
Getting a personal loan can be a good option. With a reasonable personal loan interest rate of 5 lakhs, you can fulfill your essential requirements.
Hence, if you are looking for a personal loan, read this article further to learn more about personal loans and learn how to get Rs.5 lakh personal loans at low rates in just 24 hours.
An instant personal loan is a go-to option whenever you need funds to cover your financial requirements. Whether you’re self-employed or a salaried professional, or a first-time borrower, a personal loan can help you get the situation under control to a degree.
With a personal loan, you can also improve your credit history by making timely repayments. They are available at reasonable EMIs, where you don’t have to worry about the overwhelming amount of money getting reduced from your account every month.
Time, as people may say, can become an important factor. If you have your money in time, you can go ahead with your repayments and expenses at the earliest.
You can get your loan approved in just 24 hours with Buddy Loan.
Buddy Loan can help you to avail of your loan, in just 24 hours, by following some really simple steps. All you need is your phone or laptop, to begin with.
Step By Step Guide to Getting Your Personal Loan
With Buddy Loan, you can apply for a personal loan with minimal documentation, and the loan application process is quick as they have simple steps:
Steps To Apply For a Personal Loan with Buddy Loan
1: Visit buddyloan.com or Download & install the Buddy Loan app (Android or iOS).
2: Open the personal loan application page. Provide the mobile number and enter the received OTP.
3: Specify the desired loan amount & personal email. Next, choose the Personal Loan option
4: Choose the employment type (Salaried, Self-Employed, or Student) and the salary mode (bank or cash).
5: Enter your work details (Including company name, years of service and Designation)
6: Enter your personal details (Including Full Name, PAN, address DOB & Gender)
7: Provide your communication address, and income details and Click the ‘Submit’ button.
Benefits of Instant Personal Loan:
- Online Personal Loan Overview:
The application process for a personal loan is easy, to begin with. You can repay the loan through monthly EMIs over a tenure starting from 12 months to 5 years. Depending on the user’s requirement, they can take up to 5 lakh personal loans online without going through any paperwork.
· Collateral-Free Instant Personal Loan:
With Personal Loan, you don’t have to submit any collateral to avail of a personal loan. Hence, the application process is easy and quick and requires minimal documentation.
Immediate situation asks for immediate solutions; you can get about 5 lahks instant personal loan online, where you can take care of your and your family’s emergencies.
· Flexible Loan Tenures:
A flexible tenure can help you build a positive credit report and a better credit score. And you can confidently manage your personal finance efficiently, balancing your other financial goals simultaneously.
You can put up a loan up to Rs. 5 Lakhs and repay through the EMI over 60 months. You can choose the tenure period as per your requirement and convenience.
· High Approval Rates:
Loan aggregator has disbursed personal loans throughout the country as it has a hassle-free process and a vast pool of instant loan providers. Therefore, to increase the chance of your loan approval rate, you must submit all the necessary documents and ensure they are up to date.
You can check your credit score here and plan your loan effectively.
· Loan Amount:
The minimum and maximum loan amounts you can choose when applying for a personal loan are between Rs.10000 to Rs. 15 lakhs.
· Better Interest Rate:
The interest rates for a personal loan start from 11.99% p.a. If your credit history is good, you can avail of a personal loan at lower interest rates and get instant approval.
· Instant Personal Loan Approval:
Your loan will be approved within 48 hours of verification. And that, too, from the comfort of your home. On Buddy Loan, you can avail 5 lahks instant personal loan online.
· No Hidden Charges:
There are no prepayment or hidden charges included. Also, Buddy Loans do not hold any agreements that could moderate the means between you and the lender.
· Safety Of Your Loan:
By law, the information you provide during the loan application process will be confidential with Buddy Loan.
Flexible tenures, better interest rates on the loan amount, and by keeping your information confidential, you can keep your tasks going without any hassle.
It not only helps you to plan your future loan goals but helps you to budget your monthly spending and EMIs.
You can calculate your monthly expenditure by the time of availing your loan or you can go through the table below so that you can have a clear idea about how you can go ahead with your expenditure journey with personal loans.
EMI Calculation For Rs.5 Lakh Personal Loan From Buddy Loan
The interest rate on Buddy Loan is quite reasonable. For around 5 lakh personal loan interest rate is 11.99%.
We have analyzed the interest availed in different tenures, so we have a 5 lakh personal loan EMI calculator is given below
| Loan Amount (Rs) | Interest Rate (p.a.) | Tenure (years) | EMI (Rs) |
| Rs 5 Lakhs | 11.99% | 1 | 44,422 |
| 2 | 23,534 | ||
| 3 | 16,605 | ||
| 4 | 13,164 | ||
| 5 | 11,120 |
You can choose the best tenure and EMI option that works for you. With Buddy Loan, you can proceed with your instant loan journey without the hassle of lengthy and burdensome paperwork.
Eligibility Criteria for Personal Loan From Buddy Loan
Before signing up for the loan amount, one should fulfill specific criteria.No matter what, 5 lakh personal loan eligibility remains the same.
For both salaried and self-employed applicants, you must satisfy the following eligibility criteria to get instant loan approval:
- You must be a citizen of India.
- Age must be between 18 to 60 years.
- You must have at least two years of employment with your current organization.
- Your monthly income should be a minimum of Rs.15,000
- If you are self-employed, you should have a minimum of two to three years in the profession/business you have now
- It would be best if you had a credit score of at least 750
It is compulsory for the applicant to be clear of the above-given eligibility criteria; if you want, you can look into the Buddy Loan website to get more information on Do’s and Don’ts’ to proceed with.
Documents Required:
The loan applicant should keep their documents handy while applying for personal loans. Requirements may vary from Salaried employee to Self-employed, which we can look into in the tables given below:
For Salaried Employee:
| Sl. No. | Particulars | Documents Required |
| 1 | Proof of Identity | Aadhar Card, PAN Card, Driving License, Passport |
| 2 | Proof of Address | Electricity Bill, Water Bill, Passport |
| 3 | Proof of Income | Salaried: Bank statement for the past six months |
| 4 | Work experience | Employment Certificate for a minimum of 1-year experience |
For Self-Employed:
With standard documents such as ID proof and address proof, Self-employed need to produce their recent bank statements, tax returns, or a lease agreement of their business as income proof.
| Sl. No. | Particulars | Documents Required |
| 1 | Proof of Identity | Aadhar Card, PAN Card, Driving License, Passport |
| 2 | Proof of Address | Aadhar Card, Electricity Bill, Water Bill, Passport |
| 3 | Proof of Income | Bank statement for the past three months Salary Slips for three months Income Tax Returns for the last three years Balance Sheet and Profit & Loss Statements for the last three years audited by a CA. |
MoneyTap Personal Loan Full Detail Information 2024
MoneyTap offers personal loans at interest rates starting from 1.08% per month (13% p.a.) for loan amounts of up to Rs 5 lakh and repayment tenures of up to 3 years. Loan applicants availing MoneyTap Personal Loans can avail credit line of up to Rs 5 lakh which they can use to manage expenses related to home renovation, education, travel, weddings, medical emergencies, etc. The lender claims to offer instant personal loans through its mobile app with minimal documentation and loan approval within 4 minutes.
| MoneyTap Personal Loan Highlights | |
| Interest Rate | 1.08% per month (13% p.a.) onwards |
| Loan Amount | Rs 3,000 to Rs 5 lakh |
| Loan Tenure | 2 months to 3 years |
| Processing Fees | For loan amounts between Rs 3,000 and Rs 5,000: Rs 199 + GST For loan amounts between Rs 5,000 and Rs 10,000: Rs 399 + GST For loan amounts between Rs 10,000 and Rs 25,000: Rs 499 + GST For loan amounts of Rs 25,000 and above: 2% of the total amount + GST |
| Minimum monthly income | Rs 30,000 |
MoneyTap Personal Loan Interest Rates
The interest rates offered on MoneyTap Personal Loans start from 1.08% per month (13% p.a.). Loan applicants availing personal loans from MoneyTap have to pay interest only on the total amount withdrawn and not on the entire loan amount. Although MoneyTap has not specified the differential personal loan interest rates offered for its schemes on the basis of their loan applicants’ credit scores, monthly income, occupation profile, etc., most lenders set the interest rates for their personal loans based on these factors.
Fees and Charges for MoneyTap Personal Loan
The fees and other charges for availing personal loans from MoneyTap are as follows:
| Particulars | Rates |
| Processing Fees | For loan amounts between Rs 3,000 and Rs 5,000: Rs 199 + GST For loan amounts between Rs 5,000 and Rs 10,000: Rs 399 + GST For loan amounts between Rs 10,000 and Rs 25,000: Rs 499 + GST For loan amounts of Rs 25,000 and above: 2% of the total amount + GST |
| Line setup fee (one-time) | Rs 499 + GST |
Types of Personal Loans from MoneyTap
MoneyTap Marriage Loans
- Purpose: MoneyTap offers personal loans to loan applicants for marriage-related expenses wherein they get a line of credit of up to Rs 5 lakh for managing both planned and unplanned expenses related to weddings
- Interest Rate: 1.08% per month (13% p.a.) onwards
- Loan Amount: Rs 3,000 to Rs 5 lakh
- Loan Tenure: 2 months to 3 years
MoneyTap Travel Loans
- Purpose: MoneyTap provides personal loans to loan applicants to manage their travel related expenses. The lender offers a personal line of credit for up to Rs 5 lakh for its personal loan applicants to finance their vacations.
- Interest Rate: 1.08% per month (13% p.a.) onwards
- Loan Amount: Rs 3,000 to Rs 5 lakh
- Loan Tenure: 2 months to 3 years
MoneyTap Personal Loans for Medical Emergencies
- Purpose: The lender provides personal loans to individuals wherein they get a line of credit of up to Rs 5 lakh to fund both their planned medical expenses as well as medical exigencies.
- Interest Rate: 1.08% per month (13% p.a.) onwards
- Loan Amount: Rs 3,000 to Rs 5 lakh
- Loan Tenure: 2 months to 3 years
MoneyTap Personal Loans for Education
- Purpose: Personal loan applicants can avail a line of credit from MoneyTap for up to Rs 5 lakh, which enables them to manage the expenses of pursuing their own education or financing their children(s) education.
- Interest Rate: 1.08% per month (13% p.a.) onwards
- Loan Amount: Rs 3,000 to Rs 5 lakh
- Loan Tenure: 2 months to 3 years
MoneyTap Personal Loans for Buying Used Cars/Vehicles
- Purpose: MoneyTap offers personal loans to prospective applicants for financing their purchase of used or pre-owned cars/vehicles with a credit line of up to Rs 5 lakh
- Interest Rate: 1.08% per month (13% p.a.) onwards
- Loan Amount: Rs 3,000 to Rs 5 lakh
- Loan Tenure: 2 months to 3 years
MoneyTap Personal Loans for Buying Two Wheelers
- Purpose: Personal loans from MoneyTap enable individuals to avail a credit line for up to Rs 5 lakh to purchase two-wheelers.
- Interest Rate: 1.08% per month (13% p.a.) onwards
- Loan Amount: Rs 3,000 to Rs 5 lakh
- Loan Tenure: 2 months to 3 years
MoneyTap Personal Loans for Buying Laptops
- Purpose: MoneyTap offers personal loans to its loan applicants who wish to purchase a laptop(s) with up to Rs 5 lakh as credit line.
- Interest Rate: 1.08% per month (13% p.a.) onwards
- Loan Amount: Rs 3,000 to Rs 5 lakh
- Loan Tenure: 2 months to 3 years
MoneyTap Personal Loans for Buying Mobiles
- Purpose: Prospective applicants looking to buy mobile phones can avail personal loans from MoneyTap (which includes a personal line of credit for up to Rs 5 lakh)
- Interest Rate: 1.08% per month (13% p.a.) onwards
- Loan Amount: Rs 3,000 to Rs 5 lakh
- Loan Tenure: 2 months to 3 years
MoneyTap Personal Loans for Home Renovation
- Purpose: Personal loan applicants looking to renovate their residential property can avail personal loans from MoneyTap and use the loan proceeds for various purposes including home renovation, paying rent or down-payment, internal and external repairs, expanding their home, etc.
- Interest Rate: 1.08% per month (13% p.a.) onwards
- Loan Amount: Rs 3,000 to Rs 5 lakh
- Loan Tenure: 2 months to 3 years
MoneyTap Consumer Durable Loans
- Purpose: Prospective applicants can avail MoneyTap Consumer Durable Loans to purchase consumer products including home essentials like washing machine, AC, microwave, refrigerator, kitchen appliances, home entertainment system, printers, etc.
- Interest Rate: 1.08% per month (13% p.a.) onwards
- Loan Amount: Rs 3,000 to Rs 5 lakh
- Loan Tenure: 2 months to 3 years
MoneyTap Personal Loan for Debt Consolidation
- Purpose: MoneyTap offers personal loans for debt consolidation to prospective applicants looking to consolidate their multiple loan/credit card obligations into a single personal loan and reduce their overall interest costs and also save time on tracking multiple EMIs and their due dates.
- Interest Rate: 1.08% per month (13% p.a.) onwards
- Loan Amount: Rs 3,000 to Rs 5 lakh
- Loan Tenure: 2 months to 3 years
MoneyTap Personal Loan for Buying Used 2-wheelers
- Purpose: MoneyTap offers personal loans for individuals looking to purchase used/pre-owned 2-wheelers with up to Rs 5 lakh as line of credit.
- Interest Rate: 1.08% per month (13% p.a.) onwards
- Loan Amount: Rs 3,000 to Rs 5 lakh
- Loan Tenure: 2 months to 3 years
MoneyTap Personal Loan Eligibility Criteria
The personal loan eligibility criteria set for loan applicants availing personal loans from MoneyTap are as follows:
- Minimum monthly income: Rs 30,000 (both for salaried individuals and self-employed professionals like doctors, lawyers or business owners)
- Age: 23 to 55 years
- Work Experience (for salaried): At least 2 years with minimum 6 months with the current employer
- Business continuity (for self-employed): Minimum 3 years in business
- Should be a resident of Ahmedabad, Anand, Bengaluru, Chandigarh, Chennai, Coimbatore, Delhi, Gandhinagar, Hyderabad, Indore, Jaipur, Mumbai, Mohali, NCR, Panchkula, Pune, Rajkot, Secunderabad, Surat, Vadodara, Vijayawada or Visakhapatnam.
Documents Required for availing Personal Loans from MoneyTap
Prospective applicants should submit the following personal loan documents to avail availing personal loans from MoneyTap:
- Identity proof: Driving License, Passport, Voter ID, PAN Card, Aadhar Card
- Address proof: Aadhar Card, Driving license, Voter’s ID, Utility bills, , Passport, bank statements
- Company name and email address
- Details of loan applicant’s internet banking facility
KreditBee Personal Loan full Detail Information
KreditBee is an online platform facilitating loan transactions between banks/NBFCs and borrowers. The personal loan interest rates available through the platform starts from 16% p.a. for loan amounts of up to Rs 5 lakh and for tenures of up to 2 years. KreditBee Personal Loan comes with instant disbursal (within 10 minutes) and with minimal documentation. KreditBee also provides pre-closure facility on their personal loans.
KreditBee Personal Loan Full Detail Information
The interest rates for KreditBee Personal Loan ranges between 16.00% and 29.95% p.a. The personal loan interest rates for various KreditBee loan schemes are mentioned below:
| Particulars | Interest Rates (p.a.) |
| Flexi Personal Loan | 24.00% – 29.95% |
| Personal Loan for Salaried | 17.00% – 29.95% |
| Personal Loan for Self-Employed | 16.00% – 29.95% |
Processing Fees and Charges
| Particulars | Rates |
| Processing fees* | For Flexi Personal Loans: Rs 85 to Rs 1,250 For Personal Loans for Salaried (for loan amount from Rs 10,000 to Rs 2 lakh): Up to 6% of the loan amount (minimum Rs 500) For Personal Loans for Self-Employed: Rs 420 to Rs 8,400 For Online Purchase Loan/E-Voucher Loan: Up to 5% of the loan amount |
| Convenience fees** | Bank transfer: Nil (borrower’s bank may levy charges for NEFT/IMPS transfer) Net banking: Rs 6 to Rs 15 per transaction (depending on the borrower’s bank) Debit Card: Less than Rs 2,000: Nil Above Rs 2,000: 0.90% UPI: Rs 5 to Rs 11 per transaction (depending on the borrower’s bank) Wallet/Prepaid: Up to 1.90% (depending on the wallet chosen for payment) |
| Penalty Charges for Auto Debit | Rs 100 |
| Late Payment Charges | Flexi Personal Loan: For a 2 month loan of Rs 1,000 to Rs 10,000: One time overdue charge of Rs 10 to Rs 200 Per day penalty charge: Rs 5 to Rs 75 for every overdue instalment Personal Loan for Salaried: For a 15 month loan (loan amount of Rs 10,000 to Rs 3 lakh): One time overdue charge of Rs 500 Per day penalty charge: 0.15% of principal amount for every overdue instalment Online Purchase Loan/E-Voucher Loan: One time overdue charge: Rs 500 Per day penalty charge: 0.2% of principal amount for every overdue instalment |
*charges are indicative and may change based on an individual’s profile. It is deducted from the loan amount upfront
**excluding GST and other applicable taxes
Types of KreditBee Personal Loans
Flexi Personal Loan
- Flexi Personal Loan is aimed at salaried individuals looking for small-ticket size loans for meeting unexpected emergencies or taking care of small expenses (insurance premiums, utility bills, etc.). The loan amount is disbursed within 10 minutes of application
- Tenure: 2 months (minimum 62 days) to 6 months
- Loan Amount: Rs 1,000 – Rs 80,000 (Based on the repayment track record and other factors, borrowers can increase their loan amount eligibility to Rs 1 lakh at later stages)
- Interest Rate: 24.00% – 29.95% p.a.
- Minimum Salary requirement: More than Rs 10,000 per month (net)
Personal Loan for Salaried
- Personal Loan for Salaried is disbursed to eligible salaried applicants within 1 working day of making loan application. KreditBee prefers providing loans to employees seeking to continue with their existing employers during their loan tenure.
- Tenure: 3 months to 2 years
- Loan Amount: Rs 10,000 to Rs 5 lakh
- Interest Rate: 17.00% – 29.95% p.a.
- Minimum Salary requirement: More than Rs 10,000 per month (net). A salaried individual can take a loan up to 200% of their monthly net salary
Personal Loan for Self-Employed
- Personal Loan for Self-Employed is disbursed to eligible self-employed individuals within 10 minutes of making the loan application. KreditBee offers this personal loan facility to self-employed applicants for meeting their business-related expenses.
- Tenure: 4 months to 2 years
- Loan Amount: Rs 10,000 to Rs 2 lakh
- Interest Rate: 16.00% – 29.95% p.a.
Online Purchase Loan/E-Voucher Loan
- Online Purchase Loan/E-Voucher Loan is offered to salaried individuals for financing their shopping on KreditBee partner platforms. They can register on KreditBee and make an upfront down payment to avail E-Vouchers on EMI to shop on multiple online platforms.
- Tenure: The E-Voucher expires within a year from the date of issue
- Loan Amount: The E-Voucher loan amount should be within the assigned credit limit (available on the KreditBee app) and the down payment amount selected for purchasing the product.
Eligibility Criteria for KreditBee Personal Loan
The eligibility criteria for KreditBee Personal Loan is similar to the eligibility criteria for personal loans set by most banks and NBFCs. Some of the main factors considered by KreditBee for ascertaining the personal loan eligibility of their loan applicants are as follows:
Eligibility for Flexi Personal Loan
- Indian Citizen
- Minimum Salary requirement: Rs 10,000 per month (net)
- Age: 21 to 45 years
Personal Loan for Salaried
- Indian Citizen
- Minimum Salary requirement: Rs 15,000 per month (net)
- Age: 21 to 45 years
- Work Experience: At least 3 months (in the current organization)
Personal Loan for Self-Employed
- Indian Citizen
- Minimum Salary requirement: Rs 10,000 per month (net)
- Age: 21 to 60 years
Online Purchase Loan/E-Voucher Loan
- Indian Citizen
- Age: above 21 years
Documentation Required for Personal Loan from KreditBee
Flexi Personal Loan
- PAN Card
- Address Proof: Voter ID Card, Aadhaar Card, Passport
Personal Loan for Salaried
- PAN Card
- Address Proof: Voter ID Card, Aadhaar Card, Passport
- Bank statement of salary account
- Salary slips
Personal Loan for Self-Employed
- PAN Card
- Address Proof: Aadhaar Card, Passport
Online Purchase Loan/E-Voucher Loan
- PAN Card
- KYC Address Proof
Indian resident, aged 21-57, minimum monthly income Rs. 13,500, minimum CIBIL score of 600 or Experian score of 650.
Rs. 1,000 to Rs. 2 Lakhs, subject to eligibility and creditworthiness.
Starts from 1.33% per month, varies based on factors.
Processing fees, GST, and other applicable charges vary.
Aadhar Card, PAN Card, proof of income, proof of address.
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