Personal Loan App - KreditOne

KreditOne is an Online Loan App which offers salaried professionals and small business owners instant access to credit offered by RBI-approved NBFC Anand Property Finance Limited . By using AI technology, Mobile based platform, big data analysis, & real-time decision-making engine. Provide fast, easy, secure personal loans up to ₹2 lakhs. We trust you, we help you, We grow with you. One credit for all Indians.

Amount, Tenure, Fees & Charges

The Loan amount (₹3,000 to ₹200,000), and tenure (91 days to 180 days) will vary depending on the Risk & Credit investigation, repayment ability and behaviour of the user on the platform.

The maximum interest rate is 35.04 % per annum.

Example

If loan amount is ₹50,000 & interest is 35.04% per annum; and loan is to be repaid over 6 EMIs (180 days ), then overall interest payable is ₹8,640 only. The EMI per month would be ₹9,773 only.

Interest Calculation

loan amount is ₹50,000,

Loan term 6 Months (180 days),

ROI 35.04% per annum,

Interest Payable = ₹ 50,000*35.04%/365*180 = ₹8,640,

Equated Monthly EMI ₹9,773.33 per month for 6 months,

Total amount repaid =₹50,000+ ₹8,640 = ₹58,640.

Fee:

Technology/Platform fee on the loan is: ₹300

One Time on boarding fee: ₹120

Tax on the Technology/Platform fee (GST at 18%) = ₹300 * 18% = ₹54

Tax on One Time On boarding fee (GST at 18%): = ₹120 * 18% = ₹21.6

Cost of the Loan:

Total cost of the loan: ₹8,640 + ₹300 + ₹120 + ₹54 + ₹21.6 = ₹9,135.60

APR % = 37.05% (=₹ 50,000/₹9,135.60*365/180)

Users will be charged a late payment penalty fees only when users delay their scheduled payment.

KreditOne, delivers the best customer experience, world-class product and services, Secure and safe engagement.

Which States does KreditOne service?

We provide Personal loan in PAN India

How much loan can I borrow from KreditOne?

You can borrow starting from ₹3,000 to ₹2 Lakhs.

Why choose KreditOne?

With us, you can be assured of best customer experience, world-class product and services, Secure and confidential engagement.

- Apply anytime from anywhere.

- All Indian citizens from anywhere across India are eligible.

- Customers with low or no credit history are eligible.

- Instant decision is made in most of the cases.

- When approved, your loan amount is credited to your bank account immediately.

- 24*7, process of loan, so that you can avail loans even on holidays

- No pre-payment penalty if loan is repaid before due date.

What kind of documents need to apply for KreditOne loan.

We don’t need a lot of documents from you all we need from you are:

- A Selfie

- Your PAN card details

- One government ID

- Address proof

Who can apply for a loan?

• All Indian nationals residing in India

• Anyone with an Android phone and a working internet connection

• Anyone above 18 years of age

• Valid bank account and PAN card

• Anyone with a steady monthly income of ₹15,000 and above

Data Security:

Our processes are highly compliant with industry standard security protocols. Data is transported over secured HTTPS connections. All transactions are secured via a 256-bit SSL encryption. We do not share your data without your consent.

Address::

No.250/1,1st Floor,btw 16th & 17th cross, Sampige Road, Malleshwaram, Bangalore, Bangalore, Karnataka, India, 560003

CS Number- +919089690897