Apply Online for Incred Personal Loan
Apply online for an Incred and experience quick, hassle-free approval with minimal documentation. Incred is designed to meet your financial needs, whether for home renovation, medical expenses, travel, or debt consolidation.
- Interest Rate 13.99% onwards
- Maximum Loan ₹ 15 lacs
- Processing Fees 2%-4%
- Maximum Loan Tenure 1 to 5 years
1+ Million
Happy Customers
Rs. 250+ crore
Monthly Personal Loans Disbursal
Wide Range of 60+
Partner Banks & NBFCs
Support team 500+
Team Size of Experts
Eligibility Criteria for InCred Personal Loan
Here are the list of InCred Personal Loan eligibility:
Self-employed and salaried people are also eligible.
There should be a minimum age requirement of 21.
For Incred Financial Services Limited to consider you for a personal loan, your age cannot be higher than 55.
A minimum of ₹ 20,000 in net monthly income is necessary.
No payments missed over the preceding 24 months.
For an Incred Capital personal loan, a resident of Delhi/NCR, Mumbai, Chennai, Bengaluru, Pune, or Hyderabad may apply.
For an Incred Bank personal loan, a CIBIL score of 625 or higher is required.
Documents Required for InCred Personal Loan
For a personal loan, the following documents are needed for InCred Loan :
Aadhaar card,
size of a passport
PAN card
To apply for a personal loan with InCred Financial, you must have 4 blank, signed checks from your paycheck or main savings account.
current address verification
Proof of Permanent Address is required if the permanent address differs from the one on the Aadhar card.
Please be aware that without these documents, the Incred loan login is not available.
Fees and Charges of InCred Personal Loan
| Interest Rates | 13.99% to 42% p.a. |
| Loan Amount | ₹ 15,000 - ₹ 15 Lacs |
| Tenure | 1 - 5 years |
| Processing Fee | 2% - 4% of the loan amount |
InCred Personal Loan Overview
InCred Financial Services Ltd. offers personal loans with loan amounts up to ₹ 3 lacs and repayment terms of up to 5 years. Starting at an interest rate of 16% p.a., these loans are accessible online and can cover a variety of needs such as weddings, travel, medical expenses, or purchasing consumer goods.
Features of InCred Personal Loan
- Customizable Loan: InCred Personal Loans are tailored to meet the specific needs of applicants, allowing for personalized services that maximize benefit.
- High Loan Limits: InCred offers loan amounts of up to ₹ 5 Lacs, providing significant financial flexibility.
- Flexible Repayment Strategy: Applicants can choose repayment terms ranging from three to six years, allowing for flexibility in managing financial commitments.
- Digital Access: All aspects of the loan process, including application and account management, are handled online, saving applicants the need to visit a branch.
- No Required Documents: Applicants can secure a credit limit of up to ₹ 1.5 Lacs without submitting proof of income. For loan amounts up to ₹ 5 Lacs, banking documents are required.
- Instant Fund Disbursal: Once the loan application is approved, funds are disbursed into the applicant’s account within four hours.
- Low Interest Rates: Interest rates range between 1.5% and 3% per month, with repayments required only on the used portion of the loan.
- Zero Collateral: No assets are required as collateral for InCred Personal Loans.
Frequently Asked Questions (FAQ)
- Do I need collateral to get the loan?
Ans: No, InCred personal loans do not require collateral or guarantees.
- Is there a processing fee for the loan?
Ans: Yes, a processing fee applies and is deducted from the loan amount before disbursement.
- What happens if I forget to make my EMI payment?
Ans: Late payments and bounced checks incur penalties. If you're unable to make a payment, contact InCred to discuss restructuring options.
1+ Million
Happy Customers
Rs. 250+ crore
Monthly Personal Loans Disbursal
Wide Range of 60+
Partner Banks & NBFCs
Support team 500+
Team Size of Experts
Incred Personal Loan EMI Calculator
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