KreditBee is an online platform that helps borrowers and banks/NBFCs complete loans. The interest rates on personal loans that are offered through the platform begin at 12.25% p.a. for loan amounts up to Rs 5 lakh and two-year terms. The KreditBee Personal Loan has a quick disbursement time of about ten minutes and requires little paperwork. Pre-closure assistance is another service offered by KreditBee for personal loans.
Apply for Personal Loan at Attractive Interest Rates
KreditBee Personal Loan Interest Rates
The KreditBee Personal Loan has interest rates ranging from 12.25% to 30.00% per annum. The following lists the interest rates for KreditBee Personal lending’s various lending programmes:
| Specifics | P.A. Interest Rates |
| Flexi Personal Loan | 12.25% – 30.00% |
| Personal Loan for Salaried | 24.00% – 29.95% |
Types of KreditBee Personal Loans
Flexi Personal Loan
- The Flexi Personal Loan is intended for salaried individuals who are searching for small-scale loans to cover minor expenses such as energy bills or insurance premiums, or to meet unforeseen crises. After applying, the loan money is disbursed in ten minutes.
- Tenure: 2 months (minimum 62 days) to 6 months
- Loan Amount: Up to Rs. 80,000 (borrowers may be eligible for a loan amount of up to Rs. 1 lakh later on, depending on their repayment history and other considerations).
- Interest rate range: 12.25% to 30.00% annually.
- Monthly net salary need of at least Rs 10,000
Personal Loan for Salaried
- Within one working day of submitting an application, qualified salaried applicants receive funding from Personal Loan for Salaried. KreditBee favours lending money to workers who want to stay with their current employment for the duration of the loan.
- Tenure: 2 months (minimum 62 days) to 6 months
- Loan Amount:Â Rs 10,000 to Rs 5 lakh
- Interest Rate: 24.00% – 29.95% p.a.
- Minimum Salary requirement:Â More than Rs 10,000 per month (net). A salaried individual can take a loan up to 200% of their monthly net salary
Eligibility Criteria for KreditBee Personal Loan
Eligibility for Flexi Personal Loan
- Indian Citizen
- Minimum Salary requirement:Â Rs 10,000 per month (net)
- Age:Â 21 to 45 years
Individual Loan for Salaried Individuals
- Indian Citizen
- Minimum Salary requirement:Â Rs 15,000 per month (net)
- Age:Â 21 to 45 years
- Work Experience:Â At least 3 months (in the current organization)
Personal Loan for Salaried
- PAN Card
- Address Proof: Voter ID Card, Aadhaar Card, Passport
- Bank statement of salary account
- Salary slips