What is credit Bee card?
Is KreditBee card a credit card
The KreditBee Credit Card And Easy Access To Credit
You can avail the credit card facility online and apply for credit immediately. Kredit Bee has personal loan facilities that start from an interest rate of 12% per annum and a tenure of up to 3 years. The personal loan amounts can be ranging from Rs. 1000 to Rs.
What is the highest limit on KreditBee card
10,000. It can be repaid in a single billing cycle and not exceed 45 days.
What is the use of KreditBee
KreditBee is an online platform facilitating loan transactions between banks/NBFCs and borrowers. The personal loan interest rates available through the platform goes up to 29.95% p.a. for loan amounts of up to Rs 4 lakh and for tenures of up to 24 months.
Can I withdraw money from KreditBee
As long as you are eligible for a Flexi Personal Loan and your profile is confirmed, you can get your Flexi Personal Loan amount transferred directly into your bank account within just 15 minutes of application.
Is there any charges for KreditBee card
Yes, you can make a prepayment on the KreditBee app before your due date. Are there any hidden charges on KreditBee No, there are no additional charges other than the ones mentioned in the Charges section of the FAQ.
Is KreditBee safe or not
Kredit Bee is a mobile and web-based app that allows you to obtain personal loans quickly. The documentation is minimal. The loan can be used for any purpose and no collateral or security is required. The RBI has approved and recognized KreditBee as a non-banking finance company.
What is the interest rate of Kreditbee card
Interest from 1.02% – 2.49% p.m.
How much is credit card limit
The available credit limit is the available credit on your card for spending, after all your earlier spending at that particular time. So on a card that has a total credit limit of Rs 50,000, if you have spent Rs. 15,000 already, then your available credit limit is Rs. 35,000.
Is KreditBee app fake or real
Is KreditBee RBI registered Yes, Kredit Bee is RBI registered.
What is credit limit in KreditBee
To begin with, every customer is eligible for a Personal Loan for Salaried of up to 100% of their monthly salary, with a maximum limit of ₹ 4 Lakh. We may increase this limit based on our assessment of your repayment behavior.
How do I repay my KreditBee card
Go to KreditBee Payment page on Freecharge 2. Enter your Loan Account Number 3. Click on 'Get Payable Amount' 4. Check the payable amount and proceed with the payment 5.
What is the interest rate of KreditBee card
Interest from 1.02% – 2.49% p.m.
What is the initial amount for KreditBee
KreditBee is a platform that offers instant personal loans to young professionals. You can apply for personal loans starting from Rs. 1,000 through online portal, while the repayment tenures range Up to 15 months. depending on the amount of loan availed.
Is KreditBee banned in India
The Indian Government has reportedly lifted the ban on fintech apps like PayU's LazyPay, KreditBee, and Kissht, which were banned earlier this month. The ban was part of the Government of India's crackdown on Chinese apps. However, there is no clear reason on why the above mentioned apps were banned.
Who owns KreditBee
Madhusudan Ekambaram
Madhu (Madhusudan Ekambaram) is the CEO and Co-Founder of KreditBee and a member of the company's board of directors.
Is a 500 credit card limit good
A $500 credit limit is good if you have fair, limited or bad credit, as cards in those categories have low minimum limits. The average credit card limit overall is around $13,000, but you typically need above-average credit, a high income and little to no existing debt to get a limit that high.
What is a $1000 credit limit
The credit limit is the total amount you can borrow, whereas available credit is the amount that is remaining for you to use, including if you carry a balance. For example, if you have a credit card with a $1,000 credit limit, and you charge $600, you have an additional $400 to spend.
What is the minimum loan on KreditBee
Yes, you can get small amounts of loans of ₹1000, ₹2000 or any amount upto 4,00,000 from KreditBee in just a few minutes, that too with a fraction of the effort it takes to get the same loan from a bank.
What happens if you don’t pay credit card loan
If you don't pay your credit card bill, you will have to pay late fees, increased interest charges and it can cause damage to your credit score. If you continue to miss payments, your card can be frozen, your debt could be sold to a collection agency and the collector of your debt could also sue you.
What is the interest rate for KreditBee card
Interest from 1.02% – 2.49% p.m.