InCred is a non-banking financial company (NBFC), offering a total of up to 15 lakh of the personal loan without a visit to a bank.
You can apply for an instant personal loan through Incred and get a minimum 1 lakh to 15 lakh loan.
Incred Personal Loan Quick Recap
|Interest rate||18% to 20% per annum|
|Loan Amount||1 lakh to 15 Lakh|
|Monthly Income||Rs. 15,000|
|Loan Tenure||60 months|
|Eligibility Age||21 years to 56 years|
|Processing Fees||2% to 5% + GST|
|Eligible For||Salaried Person / Self Employed|
What is Incred?
Incred is a registered NBFC Company that provides personal loans, education loans, Two-wheeler loans & SME business loans.
You can apply for an instant personal loan through the Incred website or download the Incred app through the play store.
Incred Personal loan Benefits
Apply for an Incred Personal loan with lots of benefits. You can apply for an Education loan, Home loan, and wedding loan with extra features. They are:
Higher Loan Amount: Incred offering up to 15 lakh personal loans. Apply for an instant loan through the Incred website or app.
Flexible Tenure: Available up to 60 months loan repayment tenure. Incred provides flexible repayment options from 3 months to 60 months.
Instant Approval: This NBFC Company provides a quick loan disbursement facility. You can get instant approval within 72 hours.
No Bank Visit: Don’t need to visit the branch office. Apply for an Incred personal loan through a website or app.
Minimum Document: you will need 3 to 4 documents to get this personal loan. Just need Kyc documents & income proof for this loan.
Low-Interest Rate: Incred offering an 18% to 20% interest rate per annum. This is lower than other lenders.
Incred Personal Loan Processing Fees, Interest Rate & Charges
|Interest rate||18% to 20% per annum|
|Pre-closure fee||Up to 5% of the entire remaining principal|
|Processing fee||2% to 5% + GST|
|Minimum Loan Tenure||3 months|
|Maximum Loan Tenure||60 months|
Incred Personal Loan Eligibility
Follow the eligibility criteria before applying for an Incred personal loan.
- Applicant minimum salary required Rs. 15,000 per month.
- Age should be 21 years to 56 years.
- Applicant credit score should be healthy.
Also Read: Home Credit instant loan up to 5 lakh
Documents Required for Incred Loan
- Pan Card
- Aadhaar Card
- Voter Card
- Salary Slip for salaried employed
- Income Tax file & Trade License for Self employed.
- 6 Bank Statement
Incred Personal Loan Amount
Incred provides up to 15 lakh loan amount without bank visit.
|Loan Amount||From 1 lakh to 15 lakh|
|Repayment Tenure||From 3 to 60 months|
Uses of Loan Amount
You can use an Incred personal loan for different purposes:
- Medical Expenses
- Wedding Cost
- Two Wheeler Loan
- Education Expenses
- Home Renovation
Also Read: Google pay loan offer
How to Apply for Incred Personal Loan
Step 1 Visit Incred’s official website to apply for a loan.
Step 2 Now click on the “Apply Now” tab & choose a personal loan.
Step 3 Choose your desire loan amount & enter your valid mobile number.
Step 4 OTP will be used to verify your mobile number.
Step 5 Fill in your basic details like Pan Card number, Email id, monthly income & click on the “Proceed” button.
Step 6 Now submit the required documents.
Step 7 After that Incred check all the details & previous loan history. If you are eligible, you will be sent a letter explaining the terms and conditions of your loan.
Now you will get the loan amount to your bank account.
Incred Customer Care
If you have any questions or concerns about InCred personal loans, you may contact the lender’s customer service by any of the methods listed below:
Customer Care Number: 1860-500-2192
Email ID: [email protected]
Also Read: Get 50K loan fast
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