– 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
Monthly EMI Repayable: (Loan Amount + interest)/(No. Of EMI) = (₹ 10,000 + ₹ 493 = ₹ 10,493 / 3 ): 3498 Monthly repayment
Total Loan Repayment: 13498/- at the end of completion of the loan
Also Read : Axis Bank Credit Card Apply Online 2022
How Creditt app works?
• 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
• 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
Official Site : Click Here
Document required
• 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
• 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
