Creditt+ Financial

About Creditt+ Financial

Creditt+ Financial is an unsecured LOC (Line of Credit) loan app product, where it determines user’s cred limit based on their location, income, liabilities, job, employment, corporate employment, company position, property, and other condition factors.

Creditt+ Financial designed to provide professional services to users who are in urgent need of funds. Customer satisfaction is our endless pursuit.

For further details on partnership, please refer to the following link: https://www.insurefinancecapitalprivatelimited.in/Partners/

Reasonable interest
Borrowers can apply for a certain amount, but they do not have to use it all. Instead, users can decide how much they want to borrow from the cred line based on their actual needs, and pay interest only on the amount withdrawn (not the entire line of credit).

More flexibile
The borrower can decide to repay the entire outstanding balance in one payment, or pay only the minimum monthly repayment (through paying rollover/delay fees), users always have the choice to make the decesion base on their budget or cash flow situation.

Security
Your data are secured. All data are transferred over secured connections. Creditt+ Financial guarantees the security of your information.

We do not allow third-party lender to issue personal loans that may be repaid within 91 days or a shorter period from the date of disbursement.

Details for Loans
★Minimum principal Amount:₹5,000
★Maximum principal Amount:₹2,80,000
★Minimum Annual Percentage Rate (APR):10%
★Maximum Annual Percentage Rate (APR):24%
★Minimum period for repayment:91 days
★Maximum period for repayment:365 days
★Processing fee ₹80 to ₹2,000 depending on the Cred tenure and withdraw amounts
★GST 18% processing fee as per the laws and policies of India

Representative example:
credit line amount: ₹36,000
principal Amount: ₹10,000
Annual Percentage Rate (APR): 24%
period for repayment: 120 days
Monthly Interest: ₹10,000 * 24% / 365 * 30 = ₹197
Total Interest: ₹10,000 * 24% / 365 * 120 = ₹789
Processing fee = ₹100
GST = ₹100 x 18% = ₹18
Monthly repayment amount:
₹10,000 * 24% / 365 * 30 + ₹10,000 / 120 * 30+( ₹100+₹18)/120*30 = ₹2,727
Total repayment amount: ₹10,000 + ₹789+ ₹100+₹18 = ₹10,907
(The above case shows that Creditt+ Financial only calculates interest on the withdrawn amount of ₹10,000)

-- The credit line limit is determined based on user’s location, income, liabilities, job, employment, corporate employment, company position, property, and other condition factors.
-- The more information is provided and the more accurate it is, the higher the line of credit user may receive.
-- Once the loan amount is paid off and settled, the line of credit will will be restored immediately.

Eligibility
1. You should be an Indian
2. Your Age requirements: over 18 years old
3. Should have an active bank account (for the amount disbursal)

How to avail Loan by using Creditt+ Financial App？
1. Install Creditt+ Financial app
2. Register with a mobile number
3. Upload documents required and and fill in basic information required.
4. Wait approval result for your loans after submit the loan application.
5. Post-approval the loan amount is credited to your bank account at the same day.

If you've any questions, please contact us at [email protected].
Address at Plot-408, Prabhadevi Industrial Estate Swatantra Veer Savarkar Marg, Prabhadevi Mumbai City Maharashtra 400025.

For more information, please view the privacy agreement
https://docs.google.com/document/d/1t58SEKe0NneZPxY7xebAtI61q1uuNfbWn_zW-hSr_To/edit.