The APR ranges from 15% to 34% per annum based on your credit profile. A good CIBIL score can help you get a more competitive rate.
A personal loan for shopping is available for salaried employees, helping you purchase electronics, appliances, or essentials before your next salary — without waiting or complex formalities.
The travel loan helps you manage multiple financial requirements while travelling — accommodation, ticket costs, or other travel expenses. Apply online and get funds disbursed upon approval.
The personal loan for home renovation helps you redesign your home — repairs, upgrades, or a fresh new look. Funds are disbursed directly to your account upon approval.
Settle overdue credit card bills or pending dues on time — avoid late payment penalties and protect your credit score. Apply with minimal documentation and get funds upon approval.
Face any financial emergency with a personal loan of up to ₹1 Lakh. A straightforward application process helps you address urgent needs without unnecessary delays, subject to eligibility.
Manage household expenses with a personal loan that has no restrictions on usage — repairs, appliances, daily essentials, or any urgent requirement. Funds disbursed upon approval.
Getting a personal loan for multiple needs is always beneficial, especially when you need funds on short notice. With minimal documentation and an easily accessible online application, you can apply for a short-term loan with the following features.
The APR ranges from 15% to 34% per annum based on your credit profile. A good CIBIL score can help you get a more competitive rate.
Repay your loan via easy EMIs over 3 to 12 months. Pre-close at any time with zero pre-closure charges. NOC issued upon full repayment.
The approval process is simple and transparent. Once your application is submitted, our team reviews it promptly — in-principle decision subject to eligibility and credit assessment.
Timely repayment of your personal loan is reported to credit bureaus and can positively impact your CIBIL score over time.
No assets required as collateral. CreditPey personal loans are unsecured and approved based on your salary, CIBIL score, and creditworthiness.
All charges — including processing fee (2% of loan amount), interest, and bounce charges — are disclosed upfront in the Key Fact Statement before you sign. No fee is collected before disbursal.
| Minimum Loan Amount | ₹5,000 |
| Maximum Loan Amount | ₹2,00,000 |
| Tenure | 90 Days to 12 Months |
| Processing Fee | 2% of loan amount + applicable GST (one-time, deducted from disbursed amount) |
| Pre-Closure Charges | NIL |
| ROI (Rate of Interest) | 1.25% to 2.60% per month |
| APR (Annual Percentage Rate) | 15% to 34% per annum |
| Cheque Bounce Charges | ₹1,000 per instance |
| Late Payment Penalty | As per loan agreement — disclosed in Key Fact Statement before signing |
The personal loan eligibility criteria depend on your income, credit score, residential status, nationality, age, and employment type. Meeting these criteria does not guarantee approval — all applications are subject to credit assessment.
| Age | 21 to 60 years |
| Income | Minimum ₹40,000 per month (net take-home salary) |
| Credit Score | 650 or higher (CIBIL score) |
| Nationality | Indian citizen |
| Employment Type | Salaried employee in a private limited company, registered company, or government organisation |
| Documents Required | Aadhaar Card, PAN Card, last 3 months' salary slips, last 6 months' bank statements, passport-size photograph. All documents can be submitted digitally. |