KreditBee Personal Loan Highlights 2022 | |
Interest Rates | 12.00% – 29.95% p.a. |
Tenure | 62 days to 15 months |
Loan Amount | Rs. 1,000 to Rs. 3 Lakhs |
Processing fees | Flexi Personal Loan: Rs. 85 to Rs. 1,250 Personal Loan for Salaried (for loan amount from Rs. 10,000 to Rs. 2 Lakhs): Rs. 500 to up to 6% of loan amount Online Purchase Loan/E-Voucher Loan: Up to 5% of loan amount |
Minimum Net Monthly Income | Flexi Personal Loan: Rs. 10,000 Personal Loan for Salaried: Rs. 15,000 |

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Table of Contents
KreditBee Personal Loan Interest Rates
The interest rates for KreditBee Personal Loan ranges between 12.00% – 29.95% p.a.
Particulars | Interest Rates (p.a.) |
Flexi Personal Loan | 18.00% – 29.95% |
Personal Loan for Salaried | 15.00% – 29.95% |
Online Personal Loan/E-Voucher Loan | 12.00% – 24.00% |
Comparison of Interest Rate of KreditBee PL vs. Other Lenders
The following is a comparison of personal loan from KreditBee to some leading online lenders and NBFCs:
Banks/NBFCs | Interest Rates (per annum) |
KerditBee | 1.02% onwards per month |
HDFC Bank | 10.50% – 21% |
SBI | 9.80%-13.80% |
ICICI Bank | 10.50% onwards |
Axis Bank | 10.25% onwards |
Kotak Mahindra Bank | 10.99% onwards |
IndusInd Bank | 10.49% onwards |
IDFC First Bank | 10.49% – 25% |
Bajaj Finserv | 13.00% onwards |
Tata Capital | 10.99% onwards |

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Processing Fees and Charges
Particulars | Rates |
Processing fees* | Flexi Personal Loan: Rs. 85 to Rs. 1,250 Personal Loan for Salaried (for loan amount from Rs. 10,000 to Rs. 2 Lakhs): Rs. 500 to up to 6% of loan amount Online Purchase Loan/E-Voucher Loan: Up to 5% of loan amount |
Convenience fees** | Bank transfer: Nil (borrower’s bank may levy charges for NEFT/IMPS transfer) Net banking: Rs. 6 to Rs. 15 per transaction (depending on the borrower’s bank) Debit Card: · Less than Rs. 2,000: Nil · Above Rs. 2,000: 0.90% UPI: Rs. 5 to Rs. 11 per transaction (depending on the borrower’s bank) Wallet/Prepaid: Up to 1.90% (depending on the wallet chosen for payment) |
Penalty Charges for Auto Debit | Rs. 100 |
Late Payment Charges | Flexi Personal Loan:
Personal Loan for Salaried:
Online Purchase Loan/E-Voucher Loan:
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*charges are indicative and may change based on an individual’s profile. It is deducted from the loan amount upfront
**excluding GST and other applicable taxes
KreditBee Personal Loan EMI Calculator
Monthly EMI ₹ 15,622
Total Amount Payble ₹ 5,62,395(Principal + interest)
Principal Amount ₹ 5,00,000
Total Interest Payble ₹ 62,395

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Types of KreditBee Personal Loans
Flexi Personal Loan
- Flexi Personal Loan is aimed at salaried individuals looking for small-ticket size loans for meeting unexpected emergencies or taking care of small expenses (insurance premiums, utility bills, etc.). The loan amount is disbursed within 15 minutes of application
- Tenure: 2 months (minimum 62 days) to 6 months
- Loan Amount: 1,000 – 10,000 (Based on the repayment track record and other factors, borrowers can increase their loan amount eligibility to Rs 1 lakh at later stages)
- Interest Rate: 00% – 29.95% p.a.
- Minimum Salary requirement: 10,000 per month (net)
Also Check: Flexi Loan Interest Rates offered by some lenders
Personal Loan for Salaried
- Personal Loan for Salaried is disbursed to eligible salaried applicants within 1 working day of making loan application. KreditBee prefers providing loans to employees seeking to continue with their existing employers during their loan tenure.
- Tenure: 3 to 15 months
- Loan Amount: 10,000 to Rs. 3 Lakhs
- Interest Rate: 00% – 29.95% p.a.
- Minimum Salary requirement: 15,000 per month (net). A salaried individual can take a loan up to 200% of their monthly net salary
Also: Check Personal Loan Interest Rates for Salaried Individuals offered by various lenders
Online Purchase Loan/E-Voucher Loan
- Online Purchase Loan/E-Voucher Loan is offered to salaried individuals for financing their shopping on KreditBee partner platforms. They can register on KreditBee and make an upfront down payment to avail E-Vouchers on EMI to shop on multiple online platforms.
- Tenure: The E-Voucher expires within a year from the date of issue
- Loan Amount: The E-Voucher loan amount should be within the assigned credit limit (available on the KreditBee app) and the down payment amount selected for purchasing the product.
- Interest Rate: 12% – 24% p.a.
Eligibility Criteria for KreditBee Personal Loan
Eligibility for Flexi Personal Loan
- Indian Citizen
- Minimum Salary requirement: 10,000 per month (net)
- Age: 21 to 45 years
Personal Loan for Salaried
- Indian Citizen
- Minimum Salary requirement: 15,000 per month (net)
- Age: 21 to 45 years
- Work Experience: At least 3 months (in the current organization)
Online Purchase Loan/E-Voucher Loan
- Indian Citizen
- Age: above 21 years
Required Documentation for Personal Loan from KreditBee
Flexi Personal Loan
- PAN Card
- Address Proof: Voter ID Card, Aadhaar Card, Passport
Personal Loan for Salaried
- PAN Card
- Address Proof: Voter ID Card, Aadhaar Card, Passport
- Bank statement of salary account
- Salary slips
Online Purchase Loan/E-Voucher Loan
- PAN Card
- KYC Address Proof
KreditBee Personal Loan Customer Care
You can reach out to the customer service department of KreditBee in the following ways:
- You can call on 080-4429-2200 (call charges applicable)
- You can send an email on help@kreditbee.in
- You can send a letter on 3rd Floor, No.100, The Royal Stone Tech Park, Benninganahalli, K.R.Puram, Bengaluru, India – 560016
FAQs
Q. How many days will it take for my personal loan to get disbursed?
If your KreditBee personal loan application is approved, it can get disbursed to your bank account within 1 working day.
Q. My flexi personal loan application just got rejected. Can I reapply for it?
Yes, you can reapply for a KreditBee flexi personal loan after completion of 3 months counted from the date of your last application.
Q. I don’t have a Google or Facebook account. It is still possible for me to use KreditBee app?
No, a Facebook or a Google account is necessary to sign up on the KreditBee app.
Q. Is it possible to get the personal loan amount transferred to someone else’s bank account?
No, the personal loan amount can only get transferred to your savings or current account.
Q. Where can I know about my monthly repayment schedule?
You can login to the app to know about your repayment schedule.
Q. How can I repay my personal loan?
You can repay your personal loan by making an online payment through debit card, Internet banking, PayTM wallet or bank transfer.
Q. Is it possible to postpone or reschedule my EMI date?
No, this facility is currently not available in case of a KreditBee personal loan.
Q. Can I avail two or more loans simultaneously at KreditBee?
No. You are only allowed to have a single outstanding personal loan with KreditBee at any given point of time.
Q. Is there an expiry date for the e-voucher issued for KreditBee Online Purchase Loan?
Yes, e-vouchers provided by KreditBee under the Online Purchase Loan program come with an expiry date of 1 year counted from the date of issue as printed on the voucher.