Kreditzy Loan App

 

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Hi friends today we are going to discuss about the app named Kreditzy it is one of the best loan app in India. Its regulated under the control of RBI.

They are providing loan from Rs.1000 to RS.2 Lakhs for 62 days to 15 months at 0-2.49%p.m

Loan amount; from Rs.1000 to 2 Lakhs Interest Rates from 0% to 29.95% per annum Tenure: 62days to 15 Months.

Kreditzy is a personal loan platform for Indian mobile users. It fulfills customers financial needs 24*7 completely online. The application process can be completed automatically 10 minutes, the approved loan amount is transferred immediately to the bank account of the applied individual.

You can get fair and affordable loan amount from this app and also get benefited via special offers and pre-closure of the loan. It is a platform which facilitates the loan transaction between the borrower and NBFC banks, all loan application are approved and sanctioned by NBFC banks registered with RBI and communicated upfront during loan application.

Personal Loan Example;

Loan amount; RS.50,000

Tenure; 12 months

Interest Rate; 20% per annum Processing fees; Rs.1250

New customer onboarding Fee Rs.1250 GST and Processing Fee Rs.261

Total Interest; Rs.5581 EMI Rs.4632*12 months APR;23.2%

Loan amount is 50,000 disbursed amount is Rs.48,289 Total Repayment amount is Rs.55,581

ELIGIBILITY TO GET LOAN;

Indian resident, above 21 years of age, should have monthly source of income.

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% to 36% medium risk customers is 18% to 39% high risk customers is 24% to 42% and very risk customers is 24% to 70%.

So you can download this app and use at your own risk, the loan amount sanctioned is taken care under the control of the app. according to your credit score and transaction details loan amount is decided according to the individuals.

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