- Instant personal loans from ₹ 5,000 to ₹ 30,000
- Sanctions in just 30 mins
- Interest rate ranges from 20%
- Maximum 36% per annum based on the product availed
- Tenures is 90 days to 180 days based on eligibility
- Processing fees start at just ₹ 350 and the maximum is 3% whichever is
higher
- No membership or upfront fees Representative cost of a Creditt’s Instant
Personal Loan:
Loan amount is ₹10,000 & interest rate of 20% per annum
Loan Duration: 90 days;
Total personal loan interest: ₹334 (₹10,000 x 20%/365 x 90 = ₹493)
Processing Fees: ₹350 (inclusive of GST)
Total Applicable Deduction: ₹350
In-hand Loan Amount: ₹10,000 (loan approved) - ₹350 (processing charge) = ₹9,650
Loan Processing fees will be subtracted upfront from the principal amount and the remaining balance is transferred over.
*This is an indicative calculation, interest and other charges varies based on the Creditt profile
No credit history is required and no prepayment charges at all.
Creditt uses a
to evaluate the scoring to provide the best experience to the users in the need for an instant loan.
Mumbai
Thane
Pune
Delhi
Gujarat
Bangalore
Chennai
Coimbatore
Kolkota
Nagpur
Udaipur
Mysuru
Ghaziabad
Noida
Gurugram
• Aadhaar card needed to register
• Customers will get the loan according to the Address mentioned on their Aadhaar Card
• Active PAN card needed to apply for a loan
• Register using Aadhaar and mobile number
• Avail a loan in 4 simple steps
• On approval, loan amount transferred into the bank account in real-time
• All the data are secure and safe with us
• Phone contact list will be uploaded to Creditt server
• SMS will be uploaded to Creditt servers and monitor only your financial
transactional SMS about bank-related transactions, the names of the
transacting parties, a description of the transaction and the amount of
the transaction for the purpose of performing credit risk assessment.
The APR charged to the customer varies on the basis of the different products availed and the risk profile of the customer. The APR for different personal loan products: for Buy Now, Pay later loans 0%-27%, for Personal/Cash loans 18%-33%. The penalty is charged only when someone delays their scheduled payment. In addition, GST will be applicable only on the fee components as per Indian laws.
• Partnered NBFC
1. Datson Exports LTD
2. Sampati Securities LTD
• RBI NBFC Registration Number
1. Datson Exports LTD - 05.00683
2. Sampati Securities LTD - 024926