You can foreclose your KreditBee loan. You can make payments before the specified repayment period and close the loan faster without paying any additional charges. The KreditBee instant personal loan has flexible repayment durations, and the repayment period ranges between 62 days and 15 months. You can get flexible loan amounts ranging from Rs. 1,000 and Rs. 2 Lakhs to meet your urgent financial needs. The KreditBee personal loan interest rates have a wide range. It starts with 0% for E-voucher loans, 15% for personal loans to salaried, and 18% for Flexi personal loans.
KreditBee Personal Loan Interest Rates
KreditBee interest rate varies with the type of loan you wish to avail of. The following are the interest rate charges according to the type of loan:
Type of Loan |
Rate of Interest |
Flexi personal loan |
18% to 29.95% per annum |
Personal loan for the salaried |
15% to 29.95% per annum |
E-voucher loans or online purchase loans |
0% to 24% per annum |
What Are The KreditBee Personal Loans Features And Benefits?
The KreditBee personal loans have the following features and benefits:
Loan Amounts Are Flexible:
You can get a minimum loan amount of Rs. 1000 and a maximum loan amount of Rs. 2 Lakhs.
Interest Rates Are Low:
KreditBee personal loan interest rates vary according to the loan types. But they are quite affordable.
- 0% for E-voucher loans.
- 15% for personal loans given to the salaried
- 18% for Flexi personal loans.
Processing Charges Are Minimal:
The processing fee for these loans starts from 0% and can go up till 6% of the loan amount.
Also Read: How Long Does KreditBee Take To Approve?
Flexible Duration:
- You can repay your KreditBee loan in flexible repayment tenure. The tenure ranges between 62 days and 15 months.
- No Prepayment Or Foreclosure Charges
- User-friendly application
- The disbursal time is minimal
- The process is completely online
- Applicants without a credit history can obtain these loans as well.