Many a times, people who require financial help the most get left out due to the traditionally outdated and inefficient ways of lending adopted by most lenders. InCred aims to remedy that by changing the complete outlook of the lending industry with its state-of-the-art technology coupled with data analysis to offer a superior borrowing experience to its customers. With a vision to make finances accessible to all, this non-banking financing company (NBFC) focuses on the specific needs of the customers while paying heed to their circumstances in order to offer a customised solution. InCred offers a plethora of financing services to its customers such as home loans, personal loans, SME business loans, and education loans. Whether you need funds to finance a wedding or to take care of your medical bills, you can avail an InCred Personal Loan to meet any type of a financial crisis.
Features and Benefits of InCred Personal Loan
InCred Personal Loans are a great way to deal with all kinds of financial requirements such as home renovation costs, medical expenses, wedding expenses, debt repayment, auto repair costs, etc. Learn about the benefits and features of this loan scheme listed below to find out why it is one of the best plans available in the market:
InCred offers personal loans with a quick and hassle-free application process.
This loan scheme offers flexible loan repayment methods so that borrowers can pay the debt back as per their convenience.
In this scheme, customers have the benefit of opting for a loan tenure ranging from 3 months to 3 years based on their requirement and repayment capacity.
The personal loans availed from this NBFC are customised to suit the specific requirements and unique circumstances of the customers.
InCred Personal Loans can be availed to withdraw an amount between Rs.50,000 and Rs.7.5 lakh to meet all kinds of needs.
This scheme offers instant loan approvals and quick disbursal of funds so that applicants can get quick access to credit.
Borrowers can apply for this loan online without having to step out of their houses.
The company offers top-notch customer service to its customers in order to ensure complete satisfaction.
The rate of interest for this loan will be determined based on the credit profile of the borrower after assessing all the documents provided by him or her. This rate will be derived using the company’s Interest Rate Model while adhering to its policies and guidelines of determining interest rates.
In case of a person defaults during the repayment, he or she will be charged a bounce fee along with a late-payment penalty. However, if there are chances of missing an EMI due to genuine reasons then the borrower can call in advance to get the loan restructured accordingly.
In case you have any additional queries regarding the personal loan offered by the company or about any other product, you can get all your queries answered by getting in touch with the polite and knowledgeable staff of the company. You can give a call at 022-42117799 or email at email@example.com.
Documents Required to Apply for InCred Personal Loan
Bank statement of the previous 6 months.
If you have any doubt regarding which document you can submit as identity and address proof, you can check the company’s official website to find the list of accepted documents.
How Can You Apply for Personal Loan through InCred?
You will have to visit the official website of InCred.
Next, click on the ‘Apply now’ button on the homepage.
You will be redirected to a page containing the application form.
You will have to fill out the form with the correct required details.
Click on the ‘I’m not a robot’ checkbox.
Then, click on the ‘Apply Now’ button to submit your application form.
Once the company receives your form, you will get an acknowledgement mail or text mentioning the time frame you can expect a call from one of the representatives regarding the application.
Next, you might have to provide the required documents to the company.
Using these documents, InCred will determine your eligible loan amount, interest rate, loan tenure etc.
Once you make an informed decision regarding your loan, you will receive a sanction letter stating the terms and conditions of your loan.
Then, the funds will be electronically transferred to your bank account.
How to Apply for InCred Personal Loan Through BankBazaar?
See the steps mentioned below to learn how you can apply for this loan scheme through BankBazaar:
Fill out the loan eligibility form with the required details to check your loan eligibility.
Then, you will be able to compare the loan options you have based on your requirement.
Find the best plan that suits your needs and repayment capacity and apply for a loan.
Next, you will receive an e-approval from BankBazaar immediately.
Your application will be sent to the lender for approval.
Please note that the process of loan approval or rejection is under the sole discretion of the lender and BankBazaar has no part in it.
What are the contact details of InCred Customer Care?
In case of any query, complaint, feedback, or grievances, you can get in touch with the friendly, knowledgeable, and compassionate customer care representatives of Incred. You can call at 022-42117799 or send an email at firstname.lastname@example.org. You can also write at:
VISU Leasing and Finance Private Limited
1502 A, B Wing, The Capital
Bandra Kurla Complex
PIN - 400 051
A GST rate of 18% will be applicable on banking services and products from 01 July, 2017.
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I received a call from INCRED once I was applied fro a personal loan through an online. The loan amount was sufficient for the tenure period of 3 years. At an initial offered for 3 lakhs then later they told applicable only for 2 lakhs which was low. The rate of interest was high of 24%. Closed the loan process from my end.
Rate of interest is too high on Incred personal loan. Just for Rs. 1 lakh loan they are quoting the interest rate of 20%. Earlier they informed me about the interest rate is 13% and the tenure period is 2 years once the application is processed, they told me the approved amount is Rs. 75000 so that i have rejected the loan.
I have applied for Incred personal loan through Online .I have not availed this loan since lesser amount of 1.3 lakhs was sanctioned but i was expecting 2 lakhs hence dropped the plan.There are follow upo and proper callback from Incred as well.I have got all the details about the loan process very clearly.
My personal loan is processed with Incred through online channel. There is no specific reason just have tried online and got the loan on the committed time and the process was very quick. The customer service is good. But the rate of interest and processing fee is on higher side.
I applied personal loan from Incred. My requirement was more than 2 lakhs but they had approved only 85 thousand. They informed me that I was eligible for 2.3 lakhs when I applied. Their rate of interest is also very high. I submitted my documents online.
I got a offer in online so i selected the personal loan from Incred. They have provided me a interest rate of 28% for the loan amount of Rs. 1.5 lakhs. I have chosen the tenure period of 2 years. I have been paying the EMI amount of Rs. 8300 every month. They do not have a pre-closure facility.
Incred personal loan where it got disbursed in my account in 6 days post providing my documents, rate of interest is little high compare to other Banks, Incred team customer service is good, documentation process was paperless, tenure was good of 24 months.
I have applied for Incred personal loan through Online .I have got a clear picture about this loan through the agent .I have got the loan amount on exact time frame .I have not faced any difficulties on submitting the documents .There was no issues with rate of interest and the processing fee .
There was some debt to be closed so i got the loan from Incred. I applied the loan amount of Rs. 60000 for that they offered me a interest rate of 10.11% which is high only. Processing fee charged was Rs. 2500 approximately. I selected the duration of 24 months.
I applied for Incred personal loan where the customer service is not supportive, it was been disbursed after 3 weeks which is very long, rate of interest was high compare to other Banks, tenure is good, pre closure charges are applicable if I close by paying full amount within 6 months of getting the loan.
I had applied personal loan from Incred. I submitted my documents online as well as hard copy to their executive. Rate of interest is very high and they charged Rs. 5000 for processing fee. I received the loan on time and loan amount is sufficient.
The Loan service is good but the interest rate is very high because it is 28% which has to reduced. Since its because of emergency, i took the loan. I got frequent loan so i have chosen the Incred for my personal loan. I had opted the loan amount of Rs. 1.80 lakhs and They gave me a tenure period of 2 years.
I applied personal loan from Incred. There was a little delay to disburse the loan but it's ok. I applied for 75 thousand and got approved 50 thousand and received only 46 thousand after some deduction. Their rate of interest is higher than other banks.
I have availed Incred personal loan through Online .I have got all the details about the loan process very clearly .I have got the loan amount on time ,The rate of interest and the processing fee was nominal.I have not faced any difficulties until i received the loan.The process was very smooth and i am satisfied with the service.
I have taken a personal loan with INCRED on a previous month before which was applied through an online. On time I received a call from their end. The loan amount was sufficient of 50 thousands for the tenure period of 2 years. The rate of interest was nominal. I have not submit any documents to them. For an EMI charge for 2500 rupees on monthly basis.
Once I had applied for a personal loan with INCRED through an on line. I received a call on time. They offered for 20% rate of interest. They took more than 4 days to sanctioned the loan. The amount was given for low for tenure of 4 years. The processing fee for 2700 rupees.
Once I applied for a personal loan through an on line I received a call from INCRED on time for further verification . The process was delay took around 2 weeks to sanctioned the loan took around 20 days. The amount was sufficient for the tenure of 4 years with interest rate of interest was bit high.
I have taken a personal loan with INCRED on a month before which was applied through an online. On time I received a call from their end. The loan amount was not sufficient for the tenure period of 2 years. The rate of interest was nominal. I have not submit any documents to them.
I have taken a personal loan with INCRED on a month before. They have disbursed the loan amount for 80 thousands for the tenure of 2 years. But the rate of interest was high of 23% and fee was high for 8 thousands. The customer service is good response. They have sanctioned the loan by 4 days.
I have applied for Incred personal loan through Online .The rate of interest and the processing fee was very high ,I have got the loan amount on time ,While submitting the documents there was no difficulties faced as well.I was getting frequent callback once i have applied for this loan that was the difficulty faced by me.