CredFin:Instant Personal Loans

Credfin: Smart Lending For A Better Financial Future We understand the importance of quick and accessible financial solutions, and our app is designed to provide just that. With our user-friendly interface and advanced features, you can get the funds you need quickly.Our app is built to support multiple platforms, ensuring that you can access it anytime, anywhere. Whether you prefer to use it on the web or through your mobile device, we've got you covered.We have taken into account the crucial attributes that users like you would expect from a loan app. Our app offers convenience, speed, and robust data protection, ensuring a seamless and secure borrowing experience. Key Features: Key Highlights ❌ No security deposit ❌ No Hidden Cost ● Loan Amount: ₹5000 to ₹2 Lakhs ● Loan Tenure: 62days to 365 days ● Annual Percentage Rate range from 0% - 36% ● 100% Digital Process ● Accessible Anytime, Anywhere:Whether through our mobile app, access at your fingertips whenever you need it. ● Minimal Documentation: We requires minimal documentation, making the process smoother for you. ● Instant Approvals:Completed applications are approved instantly, ensuring a quick response to your financial needs. ● Direct Money Transfer : Once approved, the money is transferred directly to your bank account, providing swift access to the funds you require. ● Transparent Terms : No surprises. Clear terms and conditions for a worry-free borrowing experience. Why Choose Us? - User Friendly Interface - Security and Data Protection , Easy Repayments , Direct Disbursement - Quick Approval Eligibility Criteria • Salaried Individuals • Above 21 years • Minimum take-home salary per month ₹15K Documentation • PAN • Aadhaar card • Salary account bank statement Sample Calculation Loan Amount: ₹ 20,000 Tenure: 3 Months Interest: Flat 36% per annum Processing Fees (incl. GST): ₹ 708 Disbursed Amount: ₹ 20,000 - ₹ 708 = ₹ 19,292 Flat Interest: ₹ 20,000 * 3/12 * 36% = ₹ 1,800 Total Repayment Amount: ₹ 20,000 + ₹ 1,800 = ₹ 21,800 Monthly EMI: ₹ 21,800 / 3 = ₹ 7,267 Total Cost of loan: Interest Amount + Processing Fees = ₹ 1,800 + ₹ 708 = ₹ 2,508. Interest rates and other charges 🔹Interest Rate range from 0% to 36% 🔹Late payment charges: We charge a late payment fee not exceeding 8.33% per month on the amount due, subject to a minimum of ₹ 500+GST 🔹Mandate reject charge: ₹ 250+GST. 🔹Bounce charges:₹ 500+GST 🔹Prepayment charges: 0 🔹Processing Fees (incl. of GST) ranges from ₹ 590 to ₹ 11918 (depending on the loan amount & tenure) Approval Process 1. Login to the app. 2. Fill in some basic details and upload required documents. 3. Choose the loan amount and tenure. 4. Get the money transferred to your account Safety & Security: ● SMS: We collect your SMS to evaluate creditworthiness and determine the loan offer amount. ● Device Info: Securely links the loan application to the user's phone. ● Location: Ensures the serviceability of a loan application and accelerates the KYC process. ● Camera & Media Access: Facilitates the upload of your selfie as part of the application process. To read our Policy for dues, visit: Credfin is working with RBI complaint NBFC - 1. Arham Finance & Investment Services Ltd.. Contact Us For any kind of help or support, feel free to send an email to [email protected]