What is KrazyBee

Instant Personal Loan App Online Loan - KreditBee

Loan amount: From ₹ 1,000 to ₹ 200,000
Interest rates: From 0% to 29.95% per annum
Tenure: 62 days to 15 months

KreditBee is on Instant Personal Loan App & Credit Platform for Young Professionals across India, where you can apply for Instant 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 salary - 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.

Personal loan for salary example:
Loan amount: Rs. 50,000
Tenure: 12 months
Interest rate: 20% per annum
Processing Fee: Rs. 1,250 (2.5%)
New customer onboarding fee: Rs. 200
GST on Processing and Onboarding Fees: Rs. 261
Total Interest: Rs. 5,581
EMI: Rs. 4,632
APR: 23.2%
Loan amount is Rs. 50,000. Disbursed amount is Rs. 48,289. Total loan repayment amount is Rs. 55,581

Flexi Personal Loan example:
Loan amount: Rs. 11,000
Tenure: 3 months
Interest rate: 27% per annum
Processing Fee: Rs. 660 (6%)
New customer onboarding fee: Rs. 110
GST on Processing and Onboarding Fees: Rs. 139
Total Interest: Rs. 499
EMI: Rs. 3.832
APR: 45%
Loan amount is Rs. 11,000. Disbursed amount is Rs. 10,091. Total loan repayment amount is Rs. 11,499

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 the KreditBee 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

Fees & Charges
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% - 7% *.
CreditBee charges one-time service fee while onboarding or during upgrade which is ₹ 20- ₹ 350 depending on the risk profile.
* 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%.

Contact Us

1. Twitter: Tag us @kreditbee for quick response
2. Mail: [email protected]
3. Call: 08044292200

Address
16/3, Adarsh ​​Yelavarthy Center, opp to Frank Anthony School, Cambridge Layout, Jogupalya Bangalore Karnataka 560008 India

Loan Amount: From £ 1,000 to £ 200,000
Interest rates: From 0% to 29.95% per year
Term of office: 62 days to 15 months

KreditBee is one Instant Personal Loan App and a loan platform for young professionals across India that you can use Apply for Instant Personal Loan Online and get up to £ 2 lakh as a direct transfer to the bank account.

KreditBee is a platform that facilitates the loan transactions between the borrowers and the NBFCs / banks. All loan applications are approved and approved by NBFCs / banks that are registered with the RBI and communicated in advance during the loan application.

One of our main partners NBFCs - Krazybee Services Private Limited is a systemically important NBFC within the group companies that run the KreditBee brand.

Loan Types

Flexi Personal Loan - A flexible loan option that allows you to get credit as a direct transfer within 10 minutes. All you need is your PAN card and proof of address to receive £ 1,000 to £ 50,000 for a 62 day to 6 month tenure.

Employee Personal Loan - A personal loan option that allows you to withdraw from 10,000 to 2 lakhs by direct transfer for a term of 3 to 15 months. All you need is your PAN card, proof of address and proof of salary.

Online Purchase Loans - A loan option that you can Buy everything now and pay later in EMIs. With this option, you can borrow e-vouchers in the KreditBee app, buy e-vouchers on KreditBee partner platforms such as Flipkart, Amazon and many others and pay later in EMIs.

Personal loan for employees Example:
Loan Amount: Rs. 50,000
Term of office: 12 months
Interest rate: 20% per year
Processing Fee: Rs. 1,250 (2.5%)
New Customer Onboarding Fee: Rs. 200
GST for processing and onboarding fees: Rs. 261
Total Interest: Rs. 5,581
EMI: Rs. 4,632
APR: 23.2%
The loan amount is Rs. 50,000. The amount paid out is Rs. 48,289. The total amount to repay the loan is Rs. 55,581

Example of a Flexi personal loan:
Loan Amount: Rs. 11,000
Term of office: 3 months
Interest rate: 27% per year
Processing Fee: Rs. 660 (6%)
New Customer Onboarding Fee: Rs. 110
GST for processing and onboarding fees: Rs. 139
Total Interest: Rs. 499
EMI: Rs. 3.832
APR: 45%
The loan amount is Rs. 11,000. The amount paid out is Rs. 10,091. The total amount to repay the loan is Rs. 11,499

Functions

1. 100% online process
2. Fast approval
3. Immediate transfer

Eligibility to participate

1. Resident in India
2. Over 21 years
3. Should have a monthly source of income

First steps

1. Install the KreditBee app
2. Create your account
3. Enter your basic information to verify first-level eligibility
4. Upload KYC documents - ID, proof of address and PAN card
5. Use the loan as a bank transfer or e-voucher according to your request

Fees and charges
The interest rates range from 0% to 29.95% with a corresponding monthly interest rate of only 0% to 2.49%.
For loans, e.g. for customers with low risk 0% - 3% of the capital, for customers with very high risk 2.5% - 7% *.
KreditBee charges a one-time service fee during onboarding or during upgrade, which ranges from £ 20 to £ 350 depending on your risk profile.
* Fees and repayment times vary based on customers' creditworthiness and repayment ability. The penalty is only applied if someone delays their scheduled payment.

The APR for different products is separated according to the customer's risk profile. The APR for various personal loan products: low risk customers is 0% -36%, medium risk customers 18% -39%, high risk customers 24% -42%, and very high risk customers 24% -70%.

Contact us

1. Twitter: Tag us with @kreditbee for a quick response
2. Mail: [email protected]
3. Call: 08044292200

address
16/3, Adarsh ​​Yelavarthy Center, across from Frank Anthony School, Cambridge Layout, Jogupalya Bangalore Karnataka 560008 India