KreditBee Review| North Loop Official Blog
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North Loop
15 Sep 2020

KreditBee Review

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Credit: North Loop

About KreditBee -

KreditBee is an instant loan App that offers personal loans for various financial needs. The loans start from Rs.1000 and go up to Rs.2 lakh. The loan application process is fast and convenient, and the App allows instant loan online from the comfort of your home.

Types of KreditBee Personal Loan -

Personal Loan for a salaried individual – If you are a salaried individual who needs instant funds, you can use the KreditBee online loan App. It offers personal loans from Rs.10000 to Rs.2 lakh for a tenure ranging from 3 to 15 months and allows flexible EMI repayment. Since it provides instant loan online, it is a very convenient way to avail funds immediately.

Flexi Personal Loan – The Flexi Personal loan is a perfect option for a wide variety of fund requirements. It offers loans from amounts starting from Rs.1000 that can go up to Rs.10000. This type of loan usually has a shorter repayment period which varies between a few days to up to 62 months.

Online Purchase Loan – You can use the Online Purchase Loan offered by Kreditbee on various leading ecommerce platforms like Flipkart, Myntra, Amazon, Jabong, and MakeMyTrip. To avail this instant loan, you need to apply for an e-voucher on Kreditbee’s online loan App after which you can purchase any product of your choice from the partner ecommerce websites mentioned above. The online purchase loan or e-voucher loan can also get repaid via a no-cost EMI route.

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Eligibility Criteria for KreditBee Instant Loan Application –

Personal Loan for a salaried individual –

You should be above 21 years and below 55 years

Your income should be at least Rs.15000 per month

You should be working in your current organization for at least three months

Flexi Personal Loan –

You should be above 21 years and below 45 years

Your monthly income should be more than Rs.10000

Documents required for loan application –

Personal Loan for a salaried individual –

  • PAN card
  • Proof of address
  • Copy of bank statement
  • Salary slips


Flexi Personal Loan –

  • PAN card
  • Proof of address


It is mandatory to provide the above proofs as KreditBee does not offer instant loan without documents.

KreditBee Personal Loan Interest Rates –

The interest rates based on the type of product are as follows –

Personal Loan for Salaried – From 12.24%

Flexi Personal Loan – 18% to 29.95%

Online Purchase Loan – Up to 24%

You can get one of the lowest interest rate personal loans by signing up with a service provider like North Loop. The application process is 100% digital, and you can avail instant personal loans.

How to Apply for KreditBee Instant Loan?

Personal Loan for salaried – The application process on the KreditBee online App for person loans takes only 30 seconds. You can sign up on the App using your Google or Facebook account and enter the basic information required to check your eligibility status. After uploading your documents and getting your profile verified, you can provide your employment details and salary proof. Once the above steps get completed, you can provide your bank account details and avail the loan in the bank account.

Flexi Personal Loan – You can avail the Flexi personal loan by following a similar process as mentioned above. After signing in using your Google or Facebook account, you can enter your basic information, check your eligibility, upload your documents for verification and provide your bank account details. Once these steps get covered, and your documents get verified, the loan becomes available in your bank account.

Online Purchase Loan – You can opt for the Online Purchase Loan on Kreditbee by signing up using your Google or Facebook account. You can then enter the other information asked for and check your eligibility. After that, you can upload your documents and get your profile verified. Once you complete these initial steps, you can select the e-voucher of your choice and upload it on KreditBee’s partner platforms like Amazon, Myntra, Flipkart or others.

Conclusion –

While KreditBee cannot be considered as an App that offers instant loan without documents, it does provide the benefit of minimal documentation and also a quick transfer of funds. You can also avail one of the lowest interest rate personal loans in the market by signing up with North Loop. It offers a range of credit and loans with easy, affordable and transparent EMIs. The sign up on its App also takes just 5 minutes.

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This publication is provided for general information purposes only and is not intended to cover every aspect of the topics with which it deals. It is not intended be advice. You must obtain professional advice before taking, or refraining from, any action on the basis of the content in this publication. The information in this publication does not constitute legal, tax, investment or other professional advice from North Loop or its affiliates. We make no representations, warranties or guarantees, whether express or implied, that the content in the publication is accurate, complete or up to date. All opinions expressed do not reflect the views of North Loop nor are endorsed by North Loop.