Basically, InCred is a Non-Banking Financial Company (NBFC) that gives you an instant personal loan. You can get up to Rs. 7.5 lakh digital loan through InCred. It will take a maximum of 48 hours to get the loan.
The interest rate is 18% per annum. The applicant will get the InCred personal loan at Rs. 15,000 net monthly salaries.
InCred Personal Loan Quick Recap
| Loan Amount | Rs. 50,000 to Rs. 7.5 lakh |
| Interest Rate | 18% p.a. |
| Repayment Tenure | 12 to 48 months |
| CIBIL | -1/ 700+ |
| Income | Rs. 15,000 Net Salary |
| Processing Charge | Up To 5% + GST |
| Eligible For | Salaried Person |
Benefits of InCred Personal Loan
Fast Process: InCred offers a fast loan process. It will take 48 hours to get the money.
Flexible Tenure: The loan repayment tenure is flexible. You can choose 12 to 48 months of repayment tenure.
No CIBIL Required: You are eligible to apply for an InCred loan without a credit score.
Interest Rate: InCred personal loan interest rate starts from 18% per annum.
Collateral–free: This is a collateral-free loan. You can apply for a loan without a co-applicant.
Digital Application: You can apply fully digital loan application. No hard copy will require.
Also Read: Personal Loan for Minimum Salary 13000
Eligibility Criteria for InCred Personal Loan
Check out the following eligibility criteria for an InCred loan:
- Applicant should be an Indian Citizen
- Age required 21 to 55 years
- A monthly net salary of Rs. 15,000 required
- CIBIL Score -1 or 700+ required
InCred Loan Documents Required
- Aadhaar Card
- Pan Card
- Address proof (Electricity bill/ Water bill/ Gas bill)
- Last 6-month bank statement
- Recent 3 month’s salary slip
InCred Personal Loan Interest Rate
| Minimum Interest Rate | 11.49% p.a. |
| Maximum Interest Rate | 18% p.a. |
Also Read: L & T Finance Personal Loan
InCred Loan Fees & Other Charges
| Processing Fee | Up To 5% + GST |
| Foreclose Charges | Foreclose after 6 EMI payment |
| Late Payment Charges | Applicable |
How to Apply for InCred Personal Loan
Step 1: Click on the “InCred Personal Loan” button.
Step 2: Fill in all details carefully.
Step 3: Send all the documents at [email protected]
Step 4: Our representative calls you on behalf of InCred.
Step 5: After applying, InCred gives you a loan offer.
Also Read: Navi Personal Loan Apply
InCred Personal Loan Customer Care
For any queries, you may contact InCred customer care through the following method:
Toll-free No: Call toll-free on 1800-102-2192
Official Email: [email protected]
Office Address:
Unit No. 1203, 12th floor, B Wing,
The Capital, Plot No. C – 70, G Block,
Bandra – Kurla Complex
Mumbai-400051,Maharashtra
FAQs on InCred Personal Loan
Can I apply for an InCred loan with a poor CIBIL score?
The minimum CIBIL score requires 700+ to apply for an InCred persona loan.
How much loan InCred offers?
InCred provides up to 7.5 lakhs of instant loans.
How to contact InCred customer care?
Contact InCred customer care at toll-free no 1800-102-2192 or send mail to [email protected].
Is InCred safe to use?
InCred is RBI registered NBFC (Non-Banking Finance Company) company. It is safe to use.