Personal Loan for Women

Frequently Asked Questions

• 1. What are the benefits of availing a Personal Loan for Women?

  The funds will be credited to your account immediately after the loan is granted, which is one of the main advantages of taking a loan from KreditBee. You can select a repayment period that meets your demands as long as it doesn't exceed the maximum loan payback term.

• 2. How do I apply for a Personal Loan from KreditBee?

  Before submitting an application for a KreditBee personal loan for women, you need to register on our platform using your mobile number, complete the questionnaire, and provide your KYC records in order to have your profile verified.
  
  The entire process of application to disbursement of the loan amount takes only 10 minutes. At KreditBee, you can submit an application after your profile has been evaluated. All you have to do is provide us with your bank account information so that we can deposit the loan amount there.

• 3. What is the advantage of availing of a personal loan for women from KreditBee over a bank?

  In order to process a personal loan, banks usually require the borrower to complete a ton of paperwork and make multiple visits to the bank. This is time-consuming, often taking anywhere between one to three weeks to get the loan disbursed.
  
  At KreditBee, the credit process is carried out online, enabling you to apply from the comfort of your home. It only takes a few minutes to complete the process. Your eligibility determines the loan amount you can avail of—and it takes just 10 minutes. After that, the money is immediately credited to your bank account, where you can use it however you like.
  

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

  KreditBee provides a variety of loans like
  
  

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

• 5. What documents do I need to apply for a personal loan for women on KreditBee?

  You must upload these documents in order to apply for a personal loan for women via KreditBee: a digital copy of your photograph (selfie), your PAN card for identity verification, and your address proof, such as your passport, voter ID, or Aadhaar.

• 6. Is there any precondition for me to apply for a personal loan for women on KreditBee?

  Yes, it is necessary to confirm that the applicant’s identity matches those on the KYC documents provided with the application. The following prerequisites must also be satisfied in order to qualify.
  
  

  • The applicant must be an Indian citizen.
  • The applicant must be above 21 years of age and less than 60 years of age.
  • The applicant must have a PAN card.
  • The applicant must have a registered mobile number.
  • The applicant must have a minimum income of ₹10,000 per month.

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

  Documents required for salaried employees are as follows:
  
  

  • Company information
  • Picture of your office ID card
  • Official email address
  • Salary slip
  • Salary account details

• 8. What do you mean by Credit Score?

  Your creditworthiness and the likelihood of repaying debts are indicated by your credit score. 300 to 850 are the possible values. Four credit reporting agencies—CIBIL, Experian, Equifax, and CRIF High Mark—are responsible for creating credit scores in India. A credit score is used to establish a person's loan eligibility.

• 9. How is my Credit Score connected to the Fast Cash that I avail from KreditBee?

  If you want to improve your credit score, KreditBee is a helpful platform. By obtaining a personal loan from KreditBee and making timely payments, you can prove your ability to repay obligations. This allows you to boost your credit score, and in time, you may be eligible for a higher credit limit in the future.

• 10. How can I repay my Loan?

  You can complete the entire payback process by visiting our KreditBee app. The payment methods available are 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, only the KreditBee app supports your KreditBee loan repayments. If you are having any issues repaying your loan, drop us an email at [email protected] so that we may investigate and provide you with additional guidance on the best course of action.

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

  Yes, you can.

• 13. Is it possible for me to pre-close my loan?

  You certainly can. Email at [email protected] to request permission to pay off your loan before the due date.

• 14. What is the available repayment tenure for a Personal Loan from KreditBee?

  Repayment terms for KreditBee loans can range from 6 to 60 months. The loan amount and the borrower's repayment plan will determine this.

• 15. What is the minimum income requirement for women to apply for a personal loan?

  The minimum income requirement for taking a personal loan from KreditBee is more than ₹10,000. Both men and women just need a net monthly income above ₹10,000 to get hassle-free funds from KreditBee.

• 16. How can a self-employed woman get a KreditBee personal loan?

  KreditBee offers personal loans for women whether they are salaried or self-employed. You will need to upload your identity proof, address proof, and bank statements for the last 6 months reflecting your income.

• 17. How does a woman get a loan for a new business?

  KreditBee offers a variety of loans for both men and women with a steady source of income.. Women can also avail quick loans up to ₹10 Lakhs completely hassle-free. These loans can be used as backup funds or as initial capital for a new business.

• 18. What options are there for small business loans for women?

  KreditBee offers a variety of loans for small business owners whether men or women. The loans can be used for business as well as personal purposes. You can get loans starting from ₹6,000 all the way up to ₹10 Lakhs. This means that you can use small loans to improve the cash flow in your business, as well as use bigger-sized loans to invest in any aspect of your business you choose.