Are you of Indian origin and living abroad? You've probably come across terms like PIO and OCI. These cards offer different benefits, but it can
People often face situations in life where they need an instant source of cash for unforeseen yet urgent needs. This can be anything from a medical emergency, vacation, renovating your house or paying off loan EMIs. If they don’t have the required funds at hand, then they’re bound to borrow from friends or relatives. In such situations, an online personal loan could save the day, considering their hassle-free application process and fast transfer of funds. KreditBee is an Instant Personal Loan provider for young professionals, where you can apply for a personal loan for salaried up to ₹3 Lakh as per your requirement easily through the KreditBee mobile application. In this blog post, we discuss how you can apply for a quick personal loan through KreditBee. Read on.
Check Your Eligibility
After installing the KreditBee mobile application and signing in from your Facebook or Google account, you have to create your profile and then check your eligibility for a loan. To be eligible for a loan, you need to be an Indian citizen over 18 years of age. As for your documents, your PAN, Identity Proof and Address Proof are also needed. You need to have an active bank account on your name so that the loan amount can be directly transferred therein.
Enter Basic Details
Your basic details are needed to set up your profile on the KreditBee app. This is where you upload your KYC documents along with a selfie of yourself. You have to enter your current residence address, permanent residence address, your marital status, and a few other details. KreditBee will also ask you to provide two reference contacts. All this is done online on the KreditBee app. You don’t need to go anywhere for this since it can be done from the comfort of your home.
Verify Your Bank Account
As mentioned in the first point, you need to have an active bank account on your name. At this stage, you need to mention all the required details of the account in which the sanctioned amount needs to be transferred. Account details like the account holder’s name, account number, IFSC code along with the branch name need to be provided. After providing the details, you have to E-Sign your loan agreement on the app using your smartphone. But don’t worry, the KreditBee application is secure enough that you need not worry about your the safety of your data.
Receive the Funds in Your Account
This is the final stage of the whole process, where your loan will be sanctioned and the money will be deposited in the bank account you have provided. This might take a maximum of 10 minutes, which makes KreditBee one of the fastest online personal loan providers. Please note that the bank account provided should be your account, as the loan amount will not be credited to anybody else’s account.
Need a Personal Loan? Apply Now!
If you’re looking to get an Instant Personal Loan in a hassle-free manner, you can head over to KreditBee. KreditBee offers Personal Loans in the form of Flexi Personal Loan and Personal Loan for Salaried. You can borrow loans starting from Rs. 1,000 up to Rs. 3 Lakhs. It’s an option worth considering if you’re in urgent need of short-term funds to meet your expenses. For more info, feel free to contact us at 080-44292200 or simply fill up our contact form.
AUTHOR
KreditBee As a market leader in the Fintech industry, we strive to bring you the best information to help you manage finances better. These blogs aim to make complicated monetary matters a whole lot simpler.