Easy personal finance app in India
Personal Loan APP - My Kredit is a finance application brought to you by Manhattan Financial Services Limited. Designed as a free mobile app, it is a platform for salaried and self-employed individuals in India. With this, users can easily apply for short-term personal loans, making it a go-to solution for instant financial needs.
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My Kredit brings you a seamless online borrowing experience. Once approved, your requested loan amount will be swiftly transferred to your designated bank account. With borrowing options ranging from ₹2,000 INR to ₹50,000 INR, this platform offers a flexible repayment period to suit your needs.
Flexible borrowing for your needs
Personal Loan APP - My Kredit offers an array of personal loan options tailored to cater to diverse needs. This app covers you whether for online shopping, bill payments, travel expenses, medical emergencies, or any other reason. With borrowing options ranging from ₹2,000 INR to ₹50,000 INR, borrowers can enjoy the freedom to select their desired loan amount, making it a perfect choice for meeting various financial requirements.
It allows borrowers to customize their repayment periods, offering flexibility from 91 to 180 days. The loans on this platform are subject to an annual interest rate, which is capped at 35.04 percent. It's important to note that service fees are associated with the loan application process, including a one-time platform fee of ₹300 INR and a ₹120 INR onboarding fee. Both fees are also subjected to an 18 percent tax.
To qualify for a loan, you need to meet specific eligibility criteria, which include being an Indian citizen residing in India and being at least 18 years old. Additionally, you should possess a PAN card and a valid bank account and provide one government ID and proof of your address. However, be sure to consider its high interest rate and service fee when availing of its loans.
Quick cash with elevated rates and fees
My Kredit provides a seamless online borrowing experience with quick transfers to your bank account. Borrowers can enjoy flexible repayment periods from 91 to 180 days, with an annual interest rate capped at 35.04 percent. Eligibility requires Indian citizenship, age above 18, a PAN card, a valid bank account, and proof of address. However, it has high interest rates and service fees.
