Credy Loans


In Need of Swift Financial Support? Look no further than Credy Loans. It offers flexible finance options that cater to a diverse financial expenses, from dream vacations to debt consolidation or unexpected bills.

Enjoy competitive interest rates starting from 12% - 22% per month. Get personal loans up to Rs 1 lakh at your convenience and turn your aspirations into reality.

Credy Loans Personal Loan Details

Credy instant loan is a great option to avail instant funds at competitive rates starting at 12% per annum. With loan amounts starting at ₹1000, enjoy flexible repayment plans, and receive approved funds within just 24 hours.

The table below shows all the required loan details of credy loan:

Interest rate Starting at 12%
Loan amount Up to Rs 1 Lakh
Processing fee 3% of Loan Amount (Minimum Rs 500)
Tenure Up to 12 months

Credy Loan Interest Rates

Explore Credy Loans, for hassle-free personal loans. Benefit from dynamic interest rates, and quick loans. Credy ensures swift access to instant personal loans, reaching up to 1 lakh, with a flexible tenure of up to 12 months.

Credy Loan Interest Rate 12% to 22% p.a.
Note: These rates are indicative and subject to change. Always check with the bank for the most up-to-date information before making any investment decisions.

Credy Loan Fees & Charges

Credy personal loan offers simplicity and minimal fees and charges for your loan. Discover how each element contributes to your borrowing journey, ensuring clarity and informed choices for a straightforward financial experience.

Processing fee 3% of Loan Amount (Minimum Rs 500)
Loan repayment tenure Up to 12 months
Interest on overdue EMIs 2% of EMI Amount per week
Early Repayment Fee 2% of outstanding loan amount
GST 18% applicable additionally on all fees
Note: These rates are indicative and subject to change. Always check with the bank for the most up-to-date information before making any investment decisions.

Credy Loan Eligibility Criteria

Unexpected expenses and financial hurdles can come up on anyone, with credy loan eligibility criteria, getting loans has become simpler. Making it easier than ever to access financial needs. Here are some of the eligibility criteria:

Employment Type Salaried
Income Minimum monthly income of Rs 20,000
Salary Proof Salary to be received in a bank account
Cities Applicable Bangalore, Chennai, Pune, Mumbai, Hyderabad
Besides that, it is also advisable to maintain a good credit score to improve the chances of getting a loan.

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Documents Required for Credy Loan

Before getting into a loan, you need to understand the documents required for getting a fast personal loan online from Credy. These essential documents pave the way for a straightforward application process, ensuring your financial aspirations are met seamlessly.

Identity proof (any 1)
Aadhaar card/ Passport/PAN card/Driving licence/Voter Id

Proof of address (any 1)
Aadhaar card/ Passport/ Valid voter ID/ Utility bill/ Driving licence

Proof of Income
Last 3 months salary account statement in pdf format.

Credy Loan EMI Calculator

Planning your finances involves using an EMI calculator. Credy offers an EMI calculator to help you comprehend your loan repayments.
By inputting your loan amount, interest rate, and tenure, you can swiftly determine your Equated Monthly Instalments.

It's a practical tool for making informed financial decisions without any hassle and having a clear financial picture.

%
Monthly EMI 86
Principal Amount 1,000
Total Interest 32
Total Amount 1,032.00

Year Month Principal (A) Interest (B) EMI (A+B) Balance Loan Paid to Date (%)

Ready to apply for a loan?

Features & Benefits of Credy Loans

Credy Loans has entered the Indian fintech landscape by catering to individuals seeking fast and convenient personal loans. Let's see some of the key features and benefits :

Speedy Approval

Get loans approved within
24 hours

Quick Disbursal

Get loans disbursed within
48 hours after approval

Convenient Repayment

Choose a repayment plan
from 3 months to 12
months

Flexible Loan Options

Borrow what you need from
loans starting at Rs 1000
to Rs 1 lakh.

Paperless Transaction

Zero paperwork, fully
digital process

Fair and Dynamic
Interest Rate

Enjoy a fair interest rates
starting at 1% per month.

Compare Credy Loans Vs Other Lenders

Comparing Credy loan with other lenders is a crucial step in finding the most favourable terms, rates, and eligibility criteria for your borrowing requirements. Streamline your decision-making process by exploring the comprehensive comparison table below

Bank/NBFC Interest Rate(p.a.) Processing Fee
Credy Loans 12% to 22% p.a. Up to 3% of loan amount(min Rs 500 )
SBI 11.00% to 14% Up to 1.50%
HDFC 10.05% to 21% 0.50% ( Rs 1,999 - Rs 25,000)
ICICI 10.75% onwards 2.50%
Axis 10.49% onwards 1%

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Types of Credy Loans

Credy personal loans offer different types of personal loans for different purposes. You can get these quickly and without much paperwork and get your needs attended.
Credy personal loans are quick and offer dynamic interest rates and tenure. You can get loans up to Rs 1 lakh without any collateral and 100% digital process.

Credy loan offers the following types of personal loans:

Personal Loan

Education Loan

Emergency Loan

Credit card refinancing

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Credy Personal Loan

Credy Personal Loans offer quick financial assistance for unexpected needs like medical bills or car repairs. With fast approval and swift fund disbursement, you can access funds ranging from ₹1,000 to ₹1 lakh. Choose from flexible repayment terms (3 to 12 months) and enjoy competitive interest rates starting at 1% per month.

Credy Education Loan

Credy Education Loans bridge the gap between dreams and degrees with flexible funding (₹1,000 - ₹1 lakh) for tuition, materials, and living. You can get approvals within 24 hours and disbursements after approval of within 48 hours. Credy loans also offer interest rates starting at 1% per month and transparent pricing make education affordable.

Credy Emergency Loan

Credy Emergency Loans become a source to go for any unexpected financial emergencies. Get approval in 24 hours and funds in 48 hours to cover medical bills, car repairs, or urgent needs. Borrow from ₹1,000 to ₹1 lakh online with their user-friendly app. Enjoy competitive rates (starting at 1% per month), no hidden fees, and flexible repayment terms (3-12 months).

Credit Card Refinancing

Credy loans offer credit card refinancing at potentially lower rates, combining your debt into one payment and simplifying finances. While fees and prepayment penalties exist, potential savings and credit score improvement make it attractive.

How to Apply For a Personal Loan

Follow these steps to apply for a personal loan on Buddy Loan:

Step 1: - Visit buddyloan.com or Download & install the Buddy Loan app (Android or iOS).

Step 2: Open the Personal Loan Application Page. Provide the mobile number and enter the received OTP.

Step 3: Specify the desired loan amount & personal email. Next, choose the Personal Loan option

Step 4: Choose the employment type (Salaried, Self-Employed, or Student) and the salary mode (bank or cash).

Step 5: Enter your work details (Including company name, years of service and Designation)

Step 6: Enter your personal details (Including Full Name, PAN, address DOB & Gender)

Step 7: Provide your communication address, and income details and Click the ‘Submit’ button.

Apply for a personal loan now!

Frequently Asked Questions

Credy Loans offers quick online personal loans for unexpected needs, with approval in 24 hours and funds in 48 hours.

Apply for a Credy loan online in minutes, no paperwork needed, with approval in 24 hours and funds within 48 hours.

To qualify for Credy Loans, you typically need a minimum salary of ₹15,000 and a decent credit score (600+).

The maximum loan amount you can get from Credy depends on your individual circumstances, but generally ranges from ₹1,000 to ₹1 lakh.

Credy's interest rates are competitive and start as low as 1% per month, but can vary depending on your creditworthiness and loan details.

Credy auto-debits your monthly installments from your linked bank account on your chosen date.

Yes, Credy offers prepayment options for their loans, but whether there are penalties or not depends on the specific loan type and your loan agreement.

Credy boasts fast loan processing, with approval decisions typically within 24 hours and funds disbursed within 48 hours. However, actual turnaround times can vary depending on individual circumstances and verifications.

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