Privo is offering instant credit line personal loans. You will get fast loan approval up to 2 lakhs. The loan process is digital. Choose the loan repayment tenure from 3 months to 60 months.
Privo instant credit line loan is a paperless process. The interest rate starts from 13.49% to 29.99% per annum.
Privo Instant Credit Line Loan Quick Recap
| Loan Amount | Up To 2 lakh |
| Interest Rate | 13.49% to 29.99% p.a. |
| Repayment Tenure | 3 months to 60 months |
| CIBIL | 650+ |
| Foreclose Charge | NIL |
| Processing Charge | Up To 5% |
| Eligible For | Self Employed/ Student/ Salaried |
Benefits of Privo Credit Line Loan
Instant Approval: It will take approx 30 minutes to get the loan. The loan process is very fast.
Paperless Process: The whole process is 100% paperless. Upload all the documents at the time of application.
Zero Foreclose Charge: Don’t need to pay any foreclose charge. The charge is zero.
Higher Loan Amount: You will get the maximum loan through Privo. The loan amount is up to 2 lakh.
Flexible Interest: The interest rate is flexible. Privo is offring 13.49% to 29.99% interest rate per annum.
No Hidden Fees: Privo does not charge any hidden fees from customers.
Safe & Secure: Privo is 100% safe to use. The app is using advanced encrypted technologies.
Also Read: Personal Loan for Minimum Salary 13000
Privo Instant Credit Line Loan Eligibility
Require the following eligibility criteria to get the Privo credit line:
- Month income should be Rs. 18,000 or more
- Require Smartphone
- The minimum CIBIL Score should be 650
- Age should be 21 years to 60 years
Privo Credit Line Loan Documents Required
- Applicant Pan Card
- Aadhaar Card
- Aadhaar Card should be linked with a mobile number
- Selfie Photo
- Active Bank account
Privo Credit Line Loan Interest Rate
Check out the interest rate offered by Privo:
| Minimum Interest Rate | 13.49% p.a. |
| Maximum Interest Rate | 29.99% p.a. |
Privo Credit Line Fees & Charges
| Overdue Interest Rate | 36% p.a. |
| Full Prepayment Charge | 5% of the outstanding amount + GST |
| Part prepayment charge | 5% of the outstanding amount + GST |
| Swap charges (Cheque/NACH) | Rs. 250 + GST |
| Dishonor charges | Rs. 450 |
How to Apply for Privo Credit Line Loan
Step 1: Click on the “Privo Credit Line Loan” tab.
Step 2: Set up the profile on the Privo app.
Step 3: Complete the KYC process.
Step 4: Upload the documents
Step 5: Set up auto payment mode.
Step 6: Choose the offered credit line
Also Read: Cholamandalam Turbo Loan
Privo Credit Line Customer Care
You can contact Privo credit line customer care for any queries. Customer care solves your problems within 24 hours.
Customer Care: 18001038961
Official Email ID: support@creditsaison-in.com / support@privo.in
Office Address:
IndiQube Lexington Tower, First Floor
Tavarekere Main Rd, Tavarekere,
S.G. Palya, Bengaluru, Karnataka 560029
FAQs on Privo Credit Line Loan
What is Privo?
Privo is a credit line app of Credit Saison. Credit Saison is the brand name of Kisetsu Saison Finance India Private Limited which is NBFC registered with RBI. So, Privo is a 100% trusted lending application.
Can students apply for the Privo credit line?
Absolutely yes. Students are eligible to apply for a Privo credit line loan.
Is CIBIL Score important to apply for Privo Loan?
A minimum CIBIL score of 650 is required to apply for a Privo credit line loan.
What is the Privo loan customer care number?
Privo loan customer care number is 18001038961. This is a toll-free number.
How much credit line Privo offers?
Privo is offering up to 2 lakhs instant credit lines.