About CreditSmall -Cash Loan Instant
Credit Small - Quick Cash Loan is an instant personal loan app trusted by 10lakhs Indians. Instant Personal loans starting from ₹ 1,000 to ₹ 3 Lakhs, as per your approved credit. On approval, get a direct bank transfer...
Credit Small - Quick Cash Loan is an instant personal loan app trusted by 10lakhs Indians. Instant Personal loans starting from ₹ 1,000 to ₹ 3 Lakhs, as per your approved credit. On approval, get a direct bank transfer within minutes.
Get approved for personal, salary loans & EMIs with minimal documentation & small transaction fees.
❇️ Loan amount: From ₹1,000 to ₹8,00,000
❇️ Interest rates: From 0% to 18% per annum
❇️ Tenure: 60 days to 12 months
Example: Small business owners/self-employed can avail instant credit line of ₹10,000. The total processing fee is ~0%. The interest rate is 18% pay for a tenure of 3 months, amount payable is ₹10,450, and APR of the loan will be 27.54%.
Eligibility of Credit Small Personal Loan
❇️ Indian resident
❇️ Above the age of 21 years
❇️ You must have Valid Document ( Aadhar card, pan card, etc. )
❇️ Should have monthly ya yearly source of income
Types of loans in Credit Small Instant cash loan:
👉 Flexi Personal Loan - Avail small loans ranging from ₹1,000 to ₹10,000 with short repayment tenures ( Starting From 60 days to 6 months). To avail of flexible credit, the Now option requires a PAN Card and address proof.
👉 Personal Loan for Salaried - Avail salary loan options starting from ₹10,000 to ₹8,00,000 with tenure ranging from 3 to 15 months. All you need is PAN Card, address proof, and salary proof to apply for salaried loans.
👉 Online Purchase Need Salary - Need Salary comes with a Buy Now, Pay Later EMI option. In such loans one avails E-vouchers from Need Salary which can be used to purchase on partner platforms like Flipkart, Amazon, Myntra, Nykaa, Make my trip & more.
A representative example of Salaried Personal Loan:
❇️ Amount Borrowed (Principal amount) = ₹14,999/-
❇️ Interest Rate (APR) = 12% (on Reducing Principal Balance interest calculation)
❇️ Tenure = 6 months
❇️ Processing Fee (incl. GST) = ₹235
❇️ Amount disbursed = ₹14,764
❇️ Your EMI amount = ₹2660 (based on PMT method, sample monthly payment)
❇️ Interest amount = ₹2660 x 6 - ₹14999 = ₹961 (sample interest calculation)
❇️ Late Fee = ₹0 if paid on time
❇️ Total Cost of Loan = Processing Fee + Interest Amount + Late Fee = ₹235 + ₹961= ₹1196
❇️ Principal repayment amount = ₹14,999/- (same as amount borrowed)
❇️ Total repayment amount = Principal repayment amount + Interest Amount = ₹14,999 + ₹961= ₹15,960
Why Choose Credit Small's Instant personal loan app?
❇️ Repay borrowed amount in affordable EMIs of 60 days to 24 months
❇️ Get money in bank account less than 24 hours
❇️ Easy and convenient to use
❇️ RBI-registered NBFCs with 100% digital approval
❇️ Instant verification and speedy credit disbursement
❇️ Get 24*7 access from anywhere and anytime.
❇️ Immediate & Fastest personal loan approval.
How to avail of Instant Credit by using Credit Small App
❇️ Install Credit Now- Instant Personal Loan App
❇️ Register with your mobile number
❇️ Fill in your basic details to check Loan eligibility.
❇️ Upload KYC documents - Pan Card, Aadhar card & Address proof
❇️ Accept the offer and get instant approval for your loans.
Security:
Your data is safe with us. It is transferred over a secure HTTPS connection to us, and we do not share it with anyone without your consent except the Lenders. All the transactions are secured via a 128-bit SSL encryption.
Get your loan approved instantly. Download the app now!
Previous Versions
Here you can find the changelog of CreditSmall -Cash Loan Instant since it was posted on our website on 2022-05-16 08:25:44.
The latest version is 1.4 and it was updated on 2024-04-19 23:59:21. See below the changes in each version.
CreditSmall -Cash Loan Instant version 1.4
Updated At: 2022-04-20
Changes: Enhanced Loan application process and minor bugs fixed
