InCred

InCred Financial Services is a registered NBFC. Under InCred Financial Services we offer Personal Loans, SME loans, and Educational loans under InCred brand umbrella.
InCred is a new-age financial services group that leverages technology and data science to make lending quick and easy. InCred endeavours to disrupt the status quo in traditional lending with its simplified processes and a razor-sharp focus on serving the unique needs and circumstances of borrowers.
More out InCred can be found at www.incred.com.
What does our App do?
Personal Loans:
InCred Personal Loans are there to serve all your needs - whether you are planning your wedding, going on a dream holiday or need money urgently for any medical emergency. InCred Personal Loans come with many benefits:
• Complete mobile application process
• Quick loan disbursals
• Flexible repayment options
So what are you waiting for? Download the InCred App now!
Our Fees and Charges:
We offer personal loans from INR 50,000 upto 7.5 lakhs basis eligibility. Our
repayment tenure ranges from a minimum of 12 months(360 days) to a maximum of 60 months (1800 days).
Maximum Annual Percentage Rate (APR) - 36%(reducing)
The maximum annual interest rate (reducing) of 36% and other fees iar from the range of 2%-5% subject to the loan amount
e.g.
Sanctioned Loan Amount - 100000
Maximum Annual Percentage (APR) - 21%
Tenure - 36 months
Processing fee including GST - 3540
Disbursed Amount = Sanctioned loan amount - Processing Fees = 100,000 - 3,540=
96,460
EMI - 3,768
Interest - 35,648
Total cost of loan = Principal (Disbursed Amt) + Interest amount + Processing Fees = 96,640+35,648+3540 = 1,35,648
Total amount to pay in 36 months = 1,35,648
For any feedback or queries about InCred App or InCred Loans, write to us on [email protected] or call us on 1800 102 2192