Personal Loan for Opportunity

Frequently Asked Questions

• 1. What advantages come with taking out an opportunity loan

  • 100% online
  • Loans start from ₹6,000 to ₹10 Lakhs
  • Applications accepted 24x7
  • Hassle-free documentation
  • Approved loan amount disbursed in 10 minutes

• 2. How do I apply for a KreditBee opportunity loan?

  • Sign up on the KreditBee app using your mobile number.
  • Enter basic information and check eligibility.
  • Upload documents for profile verification.
  • Provide your bank account details.
  • Get the loan amount in your bank account.

• 3. Why should I choose a KreditBee opportunity loan over a personal bank loan?

  You can apply for an instant online loan through KreditBee, based on your eligibility. The main benefit is how quick and easy it is to apply for a loan online. Approval is almost instantaneous, and the entire process is seamless, without the need for you to provide any collateral.

• 4. What are the types of loans offered by KreditBee?

  KreditBee provides a variety of personal loans, which can be obtained online through our app and range in amount from ₹6,000 to ₹10 Lakhs.

  • Flexi Personal Loan
  • Personal Loan for Salaried
  • Personal Loan for Self-Employed

• 5. What documents do I need to apply for an opportunity loan on KreditBee?

  • Photograph (Selfie)
  • Identity proof (PAN)
  • Address proof (Aadhaar or Passport)

• 6. Is there any precondition for me to apply for an opportunity loan on KreditBee?

  Yes, we must verify that the KYC documents uploaded in the app correspond to the person providing their information to fulfil our KYC requirements.

• 7. Apart from my KYC documents, what employment details/documents are required to apply for an opportunity loan?

  Documents required for salaried employees:

  • Workplace details (like company name)
  • Picture of your office ID card
  • Workplace email address
  • Salary slip
  • Salary account details

  You must submit the bank statement for the last six months and the documents above if you are self-employed.

• 8. What do you mean by credit score?

  Your credit score, which consists of three digits, reflects your creditworthiness and capacity for debt repayment. Four-credit reporting agencies in India produce credit scores: CIBIL, Experian, Equifax, and CRIF High Mark.

• 9. How is my credit score connected to the loan that I avail of from KreditBee?

  Your credit score increases after you accept an online loan from KreditBee and repay it on time. This makes it easier for you to eventually obtain a larger loan from us or any other bank or financial institution because you'll be able to do so with less difficulty and at a lower interest rate.

• 10. How can I repay my loan?

  You can pay back your loan by going to the repayments section of our app and completing online payments. We accept payments made with debit cards, net banking, and UPI.

• 11. I am unable to repay my loan on the mobile app. Is there any other way to do so?

  No. KreditBee loan repayments are only supported via the KreditBee app. Please email us at [email protected] if you have any problems paying back your loan so that we can look into it.

• 12. Can I repay the loan before the due date?

  Yes, it is possible. You need to send us a request at [email protected] for approval.

• 13. What is the available repayment tenure for a personal loan from KreditBee?

  Online borrowers can repay their loans with a duration range of 6 to 60 months, depending on the type of loan that they have opted for. The amount borrowed and the borrower's chosen repayment options also determine this term.