By Nick H 
The concept of instant personal loan has become a reality these days. Many people have realized the convenience of applying for such a loan within seconds without going through the tedious process of collateral evaluation, credit verification, and commercial appraisals. It is the best solution for urgent cash needs. KreditBee personal loan app is one that offers an interest rate of 1.5% p.m.
Traditional banks usually take quite long to process individual loan applications, and online money lenders have been known to charge exceedingly high-interest rates resulting in the entire process is a hoax. In today’s economic setup, instant personal loan programs have emerged as a great idea to lend safe and hassle-free quick cash loans within 1-hour without showing any proof of identity or employment. Such apparels with the loan app are available online with an easy application process. It does not matter what is the amount you need, you can apply for the same from the comfort of your home. The app will check your details against some authentic database and find out the maximum possible loan amount that fits into your hands.
Features and benefits of KreditBee personal loan
Unsure about the type of loan to borrow to meet your financial needs? There is no need to think about loan approval when you meet the cash crunch. Here are the key features and benefits of availing a personal loan with the KreditBee personal loan app:
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- The flexibility of loan usage: Unlike business loans or home loans, there is no compulsion to spend the amount transferred to fulfil specific financial needs. It can be easy to use the KreditBee personal loan app for any purpose.
- No collateral required: KreditBee offers a personal loan which is an unsecured loan and you do not need to provide any collateral.
- Quick disbursal and minimal documentation: The KreditBee instant personal loan needs minimal documentation for the loan approval process. It also processes the loan quickly in just 15-20 minutes.
Here is an example of KreditBee instant personal loan to understand the process better.
- KreditBee offer loan amount from Rs 1,000 to Rs 2 lakh.
- The interest rate starts at 1.5% per month.
- The loan tenure is up to 15 months.
Required documents
- Identity proof
- Address proof
- Income proof (Bank statement and salary slip)
How to apply?
Here are some steps to apply for the KreditBee personal loan app:
- To apply, download KreditBee instant personal loan app from the Google play store.
- Register on the app.
- Apply for the loan.
- As soon as the approval notice is received, the loan amount will be credited directly into your bank account without hassle. The cash will also be debited from your bank account the same day.
- To facilitate the process, you need to fill up the online application form with accurate details. For example, you can mention the salary you are earning, the monthly income, the age and place of stay as well as your contact details like phone number and email address. The details should be true and should not have any errors.
Conclusion
This is a short guide on an instant personal loan of the KreditBee app. It is simple to apply, to get a loan without any hassle. Apart from this, you can choose the loan amount offered, the interest rate charged, tenure of loan repayment, and more. It will help you to select the app with its features and benefits while using the personal loan app. For more details, you can visit the official website of the KreditBee app or contact the customer care expert for any query.