WellCred

WellCred – Personal Loan App WellCred was built on a simple idea: getting financial help when you need it shouldn't be complicated. We're a technology-first digital lending platform focused on reaching people who are often left out of traditional banking — offering quick, unsecured personal loans without the usual hassle. Our Mission We want to make credit accessible for people who typically struggle to get it through conventional banks and NBFCs. A medical emergency, an unexpected bill, or a necessary purchase shouldn't have to wait — with WellCred, financial support is just a few taps away, fast and flexible. Who We Serve WellCred is designed for people who don't always have easy access to formal banking channels, including: Salaried Employees – working professionals and gig workers who need quick, short-term funds Self-Employed Individuals – business owners and freelancers with steady but non-fixed income Minimum age to apply: 21 years Why WellCred? ⚡ Fast Approvals – Automated verification means decisions in minutes 📲 Fully Digital – no paperwork, the entire process runs through the app 🔑 Unsecured Loans – no collateral needed 📑 Simple Documentation – just your PAN, Aadhaar, and a few basic details 🔄 Flexible Repayment – pick a schedule that works for you 🔒 Data Security – your information is protected with bank-grade encryption Loan Details – Personal loans up to ₹1,00,000 disbursed instantly from RBI-registered lending partners – Entirely digital, collateral-free application – Tenure: 90 days minimum, 270 days maximum – Interest rate starts at 1.25% per month – Processing fee: up to 3% of the loan amount, plus 18% GST – Maximum APR: 60%, inclusive of all applicable fees and charges – Sample scenario: a ₹10,000 loan over 3 months carries a total cost of ₹804, working out to roughly 32.2% effective APR Worked Example "On a ₹10,000 loan for 3 months: Processing fee: ₹300 + ₹54 GST = ₹354 Monthly interest: 1.5% Amount repayable in total: ₹10,450 Overall cost (fees + interest): ₹804 Effective APR: ~32.2 % Getting a Loan – The Process Register on the WellCred app Pick your desired loan amount and repayment tenure Complete KYC using your PAN and Aadhaar number Get an instant decision through Automated verification Funds are credited straight to your bank account Repay conveniently via UPI, debit card, or net banking Lending Partner (Loans are disbursed by our RBI-registered NBFC partner) Welkin Commercials Private Limited (https://welkincommercials.com/privacy-policy) CIN: U74899DL1995PTC072051 Office: 10th Floor, Plot No. 1015, Cabin No. 1, Arunachal Building, Barakhamba Road, Connaught Place, New Delhi – 110001 Phone: 9560352800 Email: [email protected] Refer to their Privacy Policy for further details. Note: WellCred is a mobile application owned by LAWYERINC TECHNOLOGIES PRIVATE LIMITED (CIN: U74999GJ2018PTC102245), a company registered under the Companies Act, 2013. Please refer to our Privacy Policy (https://lawyerinc.in/privacy-policy) for more details. Registered Office: 1st Floor, Plot No. 473, Udyog Kendra, Ecotech-III, I.A. Surajpur, Gautam Buddha Nagar, Noida, Uttar Pradesh, India, 201306.