Money, money and more money, this is the one thought that never gets out of anyone’s head. Some people seek money out of greed while for many it’s the necessity that does not let them sleep. Life is always uncertain for all and sometimes in case of emergency no one has time to run from pillar to post to get their loan approved by the banks.
So under such circumstances “Kreditzy Personal Loan App” is your instant savior and your loan can be approved within 10 minutes and same is credited to your bank account within 25 hours. “Kreditzy Personal Loan App” is among one of the safest applications that does not cheat you nor does it display any advertisements like other apps before reaching the main subject.
So in today’s post we are going to tell you steps to use “Kreditzy Personal Loan App” and how can you get loan from this company. What documents are you going to be needed; and much more.
Credit Limit with Kreditzy Loan
Your bank account will be credited with the loan amount of Rs. 1,000 to Rs.1,000,000 when you have complied with all of the company’s terms and conditions.
Documents required applying for Kreditzy Loan
The three documents listed below are primarily required if you wish to borrow money from “Kreditzy.”
- Aadhar card – First of all, this app is able to access some of your personal information thanks to the Aadhar card, including your name, your father’s name, your current address, and your date of birth.
- PAN card – With the use of your PAN card, this software can access information about your bank accounts that is personally linked to you. Many lenders will only provide you credit based on this PAN card.
- Income Verification – Before issuing you with any loan, this organisation will want verification of your income. You must ensure that you have income documentation, which can be either a copy of the bank statement from which your monthly income is deducted or a pay slip. If you don’t have an address, you can obtain one made at your place of employment..
Kreditzy Loan interest rate
Friends, aside from the maximum interest this company will ever charge, which is 29%, a lot depends on your profile, or your CIBIL score.
Example
If the loan amount is Rs 10,000 and the interest rate is 29.95% per annum with a tenure of 91 days, then after deducting the processing fee, the interest payable is as follows
Interest = 10,000 x 29.95% / 365 x 91 = 747
Kreditzy Loan Eligibility
It is crucial that all of your circumstances meet the company’s eligibility requirements in order to apply for a loan through this app. The following are the things to take into account:
In order to qualify for a loan, you must first obtain Indian citizenship; otherwise, you will not be eligible. You cannot obtain a loan from this company if you are a national of any other nation because it only provides loans to Indian nationals.
Age: You must be at least 21 years old and no older than 65 to use this app’s lending feature. That is, if you wish to apply for a loan from this organisation, you must be at least 21 years old and no older than 65 years old; otherwise, you will not be approved.
Fixed Income – In order to apply for any loan through this aap, you must have a fixed monthly income. That income should not be less than Rs 17,000 per month otherwise this company will not give you the loan, and you are ineligible to apply for one.
So, friends, in today’s post, we learnt how to take a loan from a reputable company, what documents you will need, and how much interest you will pay if you take a loan from firm called “Kreditzy.” If you liked the information we provided, please let us know in the comment box. If you have any suggestions, don’t forget to include them as well.