Incred Personal Loan: Instant Personal Loan Up to 15L

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.

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Incred Personal Loan Quick Recap

Interest rate	18% to 20% per annum
Loan Amount	1 lakh to 15 Lakh
Approval Process	Online
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

FAQs of Incred Personal Loan

Is Incred an NBFC?

Yes, Incred is a registered NBFC Company through RBI. It is a fully trusted lender. You can apply for a loan through Incred.

What is the processing fee of the Incred personal loan?

Incred taking up to 2% to 5% processing charge of the total loan amount plus 18% GST will be added.

What is the minimum income required to apply for an Incred loan?

Minimum Rs. 15,000 monthly income required to apply for Incred personal loan.

How do get a higher loan amount?

The higher loan amount depends on Credit history & monthly income. If you have good credit history and a higher monthly income, you can get a higher loan amount.

How to contact Incred customer care?

Contact Incred customer care through toll-free number 1860-500-2192. Also, you can contact me through my Email ID is [email protected].

How to repay the loan amount?

You can pay the loan amount through phone pe or UPI transaction. Also, pay your EMIs using a National Automated Clearing House (NACH) mandate, which will debit your bank account on the EMI due date.