Credely : Personal Loan App 1.0.1

Credely offers an online instant personal loan app where the loan amount is provided by their NBFC/lending partner. This platform allows salaried individuals to apply for quick personal loans and receive instant credit in their bank account without the need for paperwork or physical documentation. The entire process is conducted online, providing convenience and accessibility to funds at any time and from anywhere.

Reasons to consider Credely for your personal loan needs:

• Quick online loans
• Competitive interest rates
• Straightforward application process
• Rapid loan approval
• Efficient digital processing
• Manageable EMIs for repayment

Credely caters to a variety of job profiles such as teachers, software engineers, accountants, retail store employees, nurses, and more, whose minimum monthly salary is Rs. 25,000.

Key Points:

• Interest Rates (APR, Minimum to Maximum): 18% to 32% per annum
• Maximum APR: 32%
• Repayment Period (Minimum to Maximum): 6 to 60 months
• Processing Fee: 2-4% of the loan amount

For example, considering a loan of Rs. 100,000 at a 20% interest rate per annum over a tenure of 12 months with a processing fee of 2% of the loan amount, the monthly EMI would be Rs. 9,263. The net amount credited would be Rs. 98,000 (post processing fee deduction), leading to a cumulative repayment of Rs. 1,11,161 and an APR of 24%.

Prominent Disclosures:

• Our Lending Partners - BHANIX FINANCE AND INVESTMENT LIMITED.
• We adhere to Google Policy standards by not providing pay-day loans or loans with less than a 90-day repayment period.
• We ensure full disclosure regarding customer data usage and permissions within our app.

Why Choose Credely - Quick Personal Loans:

• Swift approvals on personal loans
• No requirement for collateral
• No paperwork involved - all processes conducted through the mobile app
• Basic documentation including PAN, Bank Statement & Salary Slips
• Quick disbursal of loans within minutes
• Favorable foreclosure terms and interest rates

Security & Protection of Privacy:

• Emphasis on safeguarding user privacy and data security through compliant technology and certified protocols.

Eligibility Criteria:

• Salaried employee earning more than Rs.25,000 per month
• Aged between 23 and 55 years

Cities where Personal Loans are available:

• Mumbai, Pune
• Delhi, Gurgaon, Noida</l:i
• Bengaluru
• Chennai, Coimbatore, Tirupur
• Hyderabad, Secunderabad, Ranga Reddy
• Ahmedabad
• Jaipur, Indore
• And more than 30 other cities

Credely Quick Personal Loans cater for various needs such as:

• - Download and login
• Fill out your loan requirements and employment details
  - Upload your KYC Documents. AADHAAR, PAN card, and photograph.- Approval notification within 24 hours of document submission.- Loan agreement processing followed by the disbursal of the loan amount.- Pay your EMIs promptly once the loan is disbursed. Loan Approval Criteria: - Income-to-Expense ratio- Demographics (Age, Marital status, Education etc.)- Professional experience (tenure with the employer. job stability. total work-experience etc.)- CIBIL Score exceeding 650.- Validity and authenticity of the proposed loan purpose. "No" conditions for loan rejection:- Providing misleading information about income and obligations- Requesting an amount that exceeds your repayment capacity- Unsatisfactory credit history in terms of past EMI payments. Questions? Contact support@credely.in Corporate Office:#147.7th sector5th Main. HSR Layout Bangalore -560102 Karnataka. India Branch Office:Sacred Heart Mall. Wanowrie. PuneMaharashtra411040India