Want to borrow money instantly? If yes, then you must have heard about the Kreditzy personal loan app. This loan app offers flexible loan options. Many fake loan apps are launching day by day. So finding a legitimate loan app is quite difficult.
Review Matrix is an online platform that helps users to avoid scams. Let’s explore the Kreditzy loan app and find out the truth behind it.
Kreditzy Loan App Details
Kreditzy is a personal loan app that offers loans between one thousand to 2 lakh rupees at a lower interest rate and flexible repayment time. Here are the following details of the Kreditzy loan app:
| Loan Amount | ₹1,000 to ₹2 lakhs |
| Loan Tenure | 62 days to 15 months |
| Interest Rates | 0% to 29.95% per annum |
| Processing Fee | 0%-6.5% of the principal amount |
| Onboarding Fee | ₹20-₹350 |
| Penalty for Delay | Applicable only for delayed payments |
| Disbursement Time | Within 5 minutes after approval |
| Application Process | 100% online, approximately 10 minutes to complete |
| Lending Partner | Krazybee Services Pvt. Ltd. |
| Contact Information | Email: help@kreditzy.com |
| Phone: 8044292500 | |
| Address: Level 5, 5th Floor, Survana Place on Earth-Tech Park, KR Puram, Bangalore 560016 |
If you are looking for a loan app that can instantly provide you with a loan, then Kreditzy can be a perfect choice. Let’s move forward and look closer at the safety and eligibility of this app.
Eligibility of Kreditzy Loan App
Applying for a loan on Kreditzy is quite simple but the applicant must have the following things to be eligible:
- Applicant must be an Indian Citizen.
- Applicant must be 21+ years old.
- Applicant must have a PAN Card, Aadhar Card, and a bank account.
- Applicant’s CIBIL score must be good to get the loan at lower interest rates.
If you are eligible to get a Kreditzy loan then you can download it from the App Store or Play Store.
Features or Benefits of the Kreditzy Loan App
Applying for a loan on the Kreditbzy app can be a good choice. Here are the following features or benefits of their loan:
- Availability: This loan app is available on the Google Play and App Store.
- Processing Fees: This app offers 0%-6.5% of the loan amount.
- Interest Rates: The Kreditzy loan app offers ₹1,000 to ₹2 lakhs loan at a minimal interest rate of 0% to 29.95% per annum.
- Flexible Repayment Time: This loan app offers a flexible repayment time between 62 days to 15 months.
- RBI Approved: The Kreditzy loan app is officially registered in India and approved by RBI. Krazybee Services Pvt. Ltd. is the leading partner of this app.
Kreditzy loan app looks like an amazing personal loan app but I will further discuss its limitations. So, don’t leave me now.
Kreditzy Loan App Review
Kreditzy is a personal loan application in India that offers loans up to 2 lakhs with lower interest rates and flexible repayment time. In India, many fake companies launch their loan app and scam users so finding a legit loan app is not very easy. To answer your question regarding the Kreditzy loan App I (Ankush) is here.
Kreditzy Loan App Real or Fake?
According to reviewmatrix.in Kreditzy is a legitimate loan app. If you want to borrow money instantly then Kreditzy can be your first choice. I tried this loan app and my experience was okay. There is nothing much special but if you have a good CIBIL score then it can be special for you.
When I looked on the internet about this app then many users complained about bugs, customer support and their charges. After reviewing everyone’s opinion on the internet I will say Kreditzy is a real personal loan app but there are some problems also.
Kreditzy Laon App RBI Registered on Not?
Kreditbzy is an RBI Registered Laon application that works with RBI Approved NBFCs. Currently, Krazybee Services Pvt. Ltd. is the leading partner of this app. If you have any issue with this app and they harass and blackmail you then you complain to them at RBI Cyber Crime Portal.
Kreditzy Loan App
Kreditzy is a personal loan app offering instant loans up to ₹2,00,000 with flexible repayment terms and reasonable interest rates. It is a legitimate, RBI-approved platform partnered with Krazybee Services Pvt. Ltd. User feedback indicates that while the app functions as advertised, some users have faced issues like: Poor customer support. Bugs in the app. High charges for certain users. Kreditzy is a safe choice if you need a quick loan and meet their eligibility criteria. However, carefully read the terms to avoid unexpected charges.
Price Currency: INR
Operating System: Android, iOS
Application Category: Personal Loan
3.75
Pros
- Disbursement within 5 minutes after approval.
- Loans between ₹1,000 to ₹2,00,000.
- Tenures between 62 days and 15 months.
- Rates from 0% to 29.95% per annum.
- Works with an RBI-approved NBFC, ensuring safety.
- Requires PAN, Aadhaar, and a bank account.
Cons
- Many users report delays in resolving issues.
- Processing and onboarding fees can add up.
- Some users face technical glitches while using the app.
- Requires a good CIBIL score for lower interest rates.
If you are not interested in Kreditzy personal loan then take a look at the best alternatives given below:
- Ring Loan App Review
- MoneyTap Loan App Review
- Slice Loan App Review
- True Balance Loan App Review
- KreditBee Loan App Review
FAQs
Is Kreditzy Loan App legitimate?
Yes, the Kreditzy Loan App is legitimate. It is RBI-approved and works with an NBFC, Krazybee Services Pvt. Ltd. However, some users have reported issues with bugs, customer support, and hidden charges.
What is the loan amount offered by Kreditzy?
The Kreditzy app offers loans ranging from ₹1,000 to ₹2,00,000.
Is the Kreditzy Loan App RBI-registered?
Yes, Kreditzy is an RBI-registered app and works with RBI-approved NBFCs, primarily Krazybee Services Pvt. Ltd.