A credit score of 625 and above is required to avail of incred personal loans at good interest rates. InCred is a financial services platform that operates online to provide loans quickly and easily, leveraging technology and data-science. 

What is an instant personal loan?

Instant personal loans are a popular financial product that are managed online and can come in handy in a variety of scenarios where you need funds urgently. Instant personal loans are typically disbursed within minutes of application.

Eligibility Criteria for Incred Personal Loan

Incred personal loan eligibility criteria:

  • Salaried or Self-employed
  • Minimum 23 years of age
  • Maximum 55 years of age
  • net monthly income > Rs 20,000 
  • No default in payments in last 2 years
  • Residents of Delhi/ NCR, Mumbai, Chennai, Bengaluru, Pune, or Hyderabad
  • Minimum credit score of 625

Documents Required for Incred Personal Loan

  • Aadhar card
  • Passport size photo
  • PAN Card
  • Cheque from salary or primary savings account
  • Address proof