Cred Pilot

Cred Pilot offers straightforward and personal loan solutions tailored specifically to meet your financial requirements. All loans are facilitated by our trusted lending partner, Indus Net Finvest Resources Private Limited, an RBI-registered NBFC (Non-Banking Financial Company). We ensure complete transparency, clearly outlining all costs and repayment terms upfront. With Cred Pilot, you can borrow confidently—no hidden charges, just clear, dependable lending.

Product Information:
Loan Amount: ₹10,000 to ₹200,000
Loan Duration: 91 to 360 days
Maximum Annual Percentage Rate (APR): Up to 22%
Processing Fee: 1% of loan amount
GST (Goods and Services Tax): 18% applicable on processing fee and interest charges

Eligibility:
Indian citizens aged 21 years and above
Valid Indian identity proof required
Active Indian bank account and PAN card mandatory

Example of Loan Calculation:
Loan Amount: ₹50,000
Loan Tenure: 180 days (6 months)
Processing Fee: ₹50,000 × 1% = ₹500
GST on Processing Fee: ₹500 × 18% = ₹90
Total Fee (Processing Fee + GST): ₹500 + ₹90 = ₹590
Net Disbursed Amount: ₹50,000 - ₹590 = ₹49,410
Interest Calculation:
Interest Rate (Annual): Up to 22% APR
Total Interest = ₹50,000 * 22% * (180/365) = ₹5,424.66
Total Repayment Amount:
₹50,000 + ₹5,424.66 = ₹55,424.66
Your actual repayment amount may slightly vary depending on the exact loan amount and repayment tenure chosen.

How to Apply:
Download and install the Cred Pilot App from the store.
Complete a quick registration and verify your identity.
Select your preferred loan amount and repayment duration.
Get your eligibility instantly assessed.
Upon approval, your loan amount is directly transferred to your registered bank account.

Why Choose Cred Pilot?
Transparent loan structure with clearly disclosed fees
Safe and secure data handling
Easy repayment through digital payment channels
Responsive customer support

Responsible Lending:
We advise our users to borrow only what they can comfortably repay. Please consider your repayment capacity carefully before applying for a loan.

Contact Us:
For any questions or support, please contact us at:
[email protected]