KreditBee Loan App Review: Real or Fake, RBI Approved, Safe or Not?

If you are looking for an instant personal loan app that needs to be trusted by millions of people, especially Indians. REVIEW MATRIX is a legitimate Platform that provides blog posts regarding financial app reviews.

You must know about the KreditBee Loan App, a digital lending platform designed to provide hassle-free personal loans to people. Let’s learn a little deeper through this blog post today.

KreditBee Loan App Details

KreditBee is an instant personal loan provider, available on both the Google Play Store and the Web. 50 Million people have downloaded and given an average rating of 4.6 out of 5. Finnovation Tech Solutions Pvt Ltd offered and discovered it on 10 May 2018.

It can take a loan from its app or website and is eligible for salaried and self-employed individuals. It offers personal loans ranging from 1000 INR to 500000 INR.

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Types of Loan

The Kreditbee app can provide various types of personal loans, like personal loans for the self-employed personal loans for the salaried, Flexi Personal Loan, Purchase on EMI, etc. Let’s understand each of them a little deeper.

Personal Loan for Self-Employed: A self-employed person can take a loan up to 1000 to 400000 INR with a repayment tenure between 3-24 months.
Personal Loan for Salaried: A salaried person can take out a loan from 10k to 500000 lNR with a repayment tenure of 3 to 24 months.
Flexi Personal Loan: You can credit instantly up to 1k to 80k INR in Flexi Personal Loan with flexible tenure of 3 to 10 months
Purchase on EMI: You can purchase any product through EMI up to 2 lakhs plus merchants with a repayment time of 18 months.

KreditBee Loan App Real or Fake?

KreditBee is a real instant personal loan app, not a fake one. Here’s why it’s considered trustworthy:

RBI Registered: KreditBee is an NBFC (Non-Banking Financial Company) registered with the RBI.
Positive User Base: It offers a substantial user base. Customers’ ratings and reviews are positive.
Transparent Process: It highlights transparency and provides clear terms and conditions.
Loans: Users can access loans based on their credit score and salary.

KreditBee is a safe & legit personal loan application in India that offers loans at lower interest rates & higher repayment times. If you are looking for the best personal loan opportunities then KreditBee can be a better option.

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Pros & Cons of the KreditBee Loan App

Pros: It offers quick loan approval, and users can apply directly through their mobile phones and receive approval within minutes.
Pros: Long-term repayment eligibility is from 3 to 36 months.
Pros: It doesn’t claim any hidden costs
Pros: Both English and Hindi are available.
Cons: A little high interest rate and lack of customer support.