FAQ

Find the answers for the most frequently asked questions below

What is KredEaze?

KredEaze is a product of PSPR Enterprises Private Limited (the 'Company'), which is a Non-Banking Finance Company(NBFC) registered with Reserve Bank of India(RBI),engaged in the business of providing loans. KredEaze is a mobile and web-based platform and a cutting-edge Fintech product, has been developed and designed to make individual’s personal financial needs easier and faster. Our customers, to meet their financial needs, do not need to visit a branch or call anyone or make efforts but just need to apply online on our mobile App. It enables our customers to quickly get a loan within minutes without any paperwork & hurdles. Our service is aimed towards fulfilling the aspiration and dreams of millions of our customers.

How to apply for a loan?

Please follow the below steps to apply a loan -
1.)Install the KredEaze App from Play Store & register an account with basic KYC details, then submit to us.
2.)We will verify and approve the loan.
3.)After the approval, add your bank account & consent to our loan agreement on KredEaze App, then approved loan amount will be disbursed into your account within 5 minutes.

How to repay

1.)Go to KredEaze mobile App.
2.)Login using your Registered mobile number.
3.)Select preferred payment ways such as Razorpay, Paytm or Bank Transfer.
4.)And choose your prefer option like wallet, debit card, UPI from different gateway.
5.)Select Bank Transfer option if you need to pay by Net-Banking.


Important Notice: Do not transfer money into any other Private Account which are not shown on our Mobile App
What is an Instant loan app?

Let's begin with the basics. This is the first question that pop-ups amongst those unfamiliar with an Instant loan app in India. These apps provide personal finance solutions, generally small loans starting from Rs. 1,000. The upper limit differs from one lender to the next; at KredEaze, we provide loans as high as Rs. 20,000. Since these apps offer smaller finance solutions, their tenures are also generally shorter than that of a traditional personal loan. Lastly, from the term 'Instant loan app', it becomes evident that such finance solutions deliver rapid turnaround times. To sum up, an Instant loan app in India usually quickly provides small, short-term finance solutions!

Who can take an Instant loan?

Generally speaking, anyone with a smartphone can use an Instant loan app in India. However, different apps will have other eligibility criteria by which they select borrowers. If you do not satisfy these criteria, your application could get rejected. Usually, these criteria include minimum age & income requirements. For example, we require borrowers to be above 18 years of age. Other lenders require much higher monthly income amounts and a credit score.

What are the documents required for an Instant loan app?

Every Instant loan app in India will require certain documents to provide a loan. At KredEaze, our primary goal is to make things easier for you. That's why our loans are made available to you with just two documents your Aadhaar Card and your PAN Card. Scan and upload these documents, and you're good to go! What about a photograph, you ask? Well, click a selfie, and that's about it!

Is it safe to use an Instant loan app?

Many people assume that the internet is an unsafe place. However, this is far from the truth. You can transact with complete security if you deal with trustworthy entities. So, when it comes to quick loans online, all you have to do is find safe lenders, and everything will be alright. You can read the reviews on the Play Store, check the number of downloads and go through the app's ratings. At KredEaze, we ensure the safety of your transaction by using a secure HTTPS connection & 128-bit SSL encryption

How do you apply for such a loan?

As mentioned early, getting a loan is considered an extremely tumultuous task. However, the best Instant loan app will make things super-smooth. For example, with KredEaze, you can apply for a loan in just three steps. Once you've downloaded the app, fill in the required details, upload your documents and submit! After these three simple steps, your loan will get approved almost instantly, and you should get transfers directly to your bank account.

How long are the repayment tenures?

Again, since loan amounts are generally on the lower side, you do not need too much time to repay the loan. But we understand that juggling EMI payments with numerous other expenses can be difficult, so we provide you with tenures of up to 12 months to repay your loan. This ensures smaller EMIs, helping you cakewalk through the repayment of your Instant loan