InCred is a new-age digital lending platform in India that offers a wide range of financial products, including personal loans. The company leverages technology and data analytics to provide customers with quick, hassle-free, and affordable loans.
With InCred, you can get a personal loan of up to Rs. 5 lakhs at competitive interest rates starting from 10.99% p.a. The loan repayment tenure ranges from 12 months to 36 months, and you can prepay or foreclose your loan at any time during the tenure. InCred offers quick loan approval, and the loan amount can be disbursed within 48 hours of approval, subject to the completion of documentation and verification. You can apply for an InCred Personal Loan online through the company's website or mobile app, or by visiting the nearest branch.
Incred Personal Loan charges a processing fee of up to 3% of the loan amount. The prepayment charges may vary based on the loan amount, tenure, and other factors. Late payment charges, bounce charges, and other charges may also be applicable.
1.What is the maximum loan amount I can get from InCred?
You can get a personal loan of up to Rs. 5 lakhs from InCred, depending on your eligibility criteria.
2.What is the interest rate charged by InCred on personal loans?
InCred offers competitive interest rates starting from 10.99% p.a. on personal loans.
3.What is the repayment tenure for InCred Personal Loans?
The repayment tenure for InCred Personal Loans ranges from 12 months to 36 months, giving borrowers flexibility in their repayment options.
4.What are the eligibility criteria to avail of an InCred Personal Loan?
The eligibility criteria for InCred Personal Loans include your age, income, credit score, employment status, and other factors. You can check your eligibility for a loan by visiting the InCred website or contacting customer care.
5.What documents do I need to submit for an InCred Personal Loan?
The documents required for an InCred Personal Loan include identity proof, address proof, income proof, and other relevant documents. The specific requirements may vary depending on your individual case.
6.Can I prepay or foreclose my InCred Personal Loan?
Yes, you can prepay or foreclose your InCred Personal Loan at any time during the loan tenure. However, some charges may apply depending on the specific terms and conditions of your loan agreement.
7.How long does it take for InCred to approve a Personal Loan application?
InCred offers quick loan approval, and the loan amount can be disbursed within 48 hours of approval, subject to the completion of documentation and verification.
8.How can I apply for an InCred Personal Loan?
You can apply for an InCred Personal Loan by visiting the InCred website, downloading the mobile app, visiting the nearest branch, or contacting customer care. The application process is simple, and you can get assistance from customer care for any queries or concerns.