KreditBee Personal Loan

KreditBee requires a minimum monthly income of ₹10,000 for personal loan applicants. Salaried employees with a regular salary credit and self-employed professionals with documented income both qualify, subject to individual credit assessment.

KreditBee charges a processing fee of 2%–6%. This is a one-time charge deducted from the disbursed amount. GST at 18% is also applicable on the processing fee. There are no hidden charges — all fees are disclosed upfront on Paisawaala.

The final step with KreditBee is typically: Accept and receive money in 15 minutes. For existing customers or pre-approved offers, the timeline is significantly shorter.

KreditBee considers applicants without any credit history (new-to-credit or NTC). The lender uses alternate data for credit assessment.

Yes, most personal loans from KreditBee can be foreclosed after a lock-in period (typically 6–12 EMIs). Foreclosure charges may apply depending on when you close the loan and the outstanding principal. Check the loan agreement for exact terms.

KreditBee is a fintech platform registered and regulated by the Reserve Bank of India (RBI). All lending activities follow RBI guidelines on fair practices and digital lending.