InCred is a Non-Banking Financial Company (NBFC) which offers various personal finance products including personal loans to its customers. If you are an InCred customer, you can avail a personal loan to meet your financial needs. You can avail a loan between Rs. 50,000 and Rs. 7.5 lakh with repayment tenure ranging between 12 months 48 months.
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 +91-1860 500 2192 or email at care@InCred.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?
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 customer care representatives of Incred:
Helpline: 1860-500-2192 Email: Care@incred.com
You can also write at:
InCred Financial Services 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.
Display of any trademarks, tradenames, logos and other subject matters of intellectual property belong to their respective intellectual property owners. Display of such IP along with the related product information does not imply BankBazaar's partnership with the owner of the Intellectual Property or issuer/manufacturer of such products.
The rate of interest was very high on Incred end and there was proper response as well as callback .This loan was sanctioned on time and have taken for personal use. The documents are submitted through agent. Only they should reduce the rate of interest.
Rate of interest was very high in INCRED , they are charging 28% which they need to decrease. So, I given a request to closed this application and documents i given a photocopy and the customer service, responsiveness was good. I got this loan offer so i applied this through online.
The rate of interest was little high in INCRED and i have taken a loan amount of Rs.1,50,000. I opted for the tenure period of 2 years and i am paying EMI 8600 and the customer service was good. Documentation process was simple and I got the card within 3 days.
Everything was good with Incred personal loan and it was sanctioned on time without any hassles. The rate of interest and processing fee was very high which needs to decreased. The loan details was clearly shared by the agent . Documents are uploaded via online.
My personal loan was taken through Incred .The rate of interest and the processing fee was medium and without any hassles this loan was sanctioned and this loan was taken mostly for personal use .I have submitted documents as well as uploaded documents. Overall its good!
I have taken Incred personal loan through online .When applied for this loan, rate of interest was less and later it was high this was the difficulty faced by me.without any delay this loan was sanctioned to me .The agent gave a clear picture about the loan process .I am satisfied with the service.
I have availed this personal loan from Incred for my brother marriage .The rate of interest and the processing fee was medium. This loan was sanctioned on time and documents submitted through the agent.There was no drawbacks faced and the agent shared all the required information .
My personal loan was availed through Incred and there was no difficulties faced so far. This loan was taken for personal use and they have sanctioned immediately .There was proper callback and follow up from bank end .while trying to pay the emi through onine, it was showing error which needs to be rectified.
My personal loan was availed through Incred the service was really fast .The rate of interest and the processing fee was medium .They have delayed to sanction this loan and it took extra 2 days this was the only issue, I wish them to verify the documents quickly other than that everything was good to me .
The personal loan got sanctioned on time, the processing fee and the rate of interest was very high with INCRED but when applied for this loan there was some variation later it was high which am unhappy. I have submitted the documents as well as uploaded online. This loan was taken for personal use and satisfied with the service.
I have taken Incred personal loan through online. This loan was taken for my personal use and the rate of interest, processing fee was good .This loan was sanctioned on proper time frame and there was callback and follow up.The agent clearly explained the loan process and the service was good to me .
I did not face any issues with Incred. The rate of interest, the processing fee was nominal .The loan got sanctioned on time and the loan details was shared by the agent . I have submitted the documents through the agent . I have taken this loan for personal use and everything was good to me so far .
I'm very satisfied in getting the personal loan from Incred. These people are helping me a lot and within a month, i have got the loan. Compared to other bank, Incred is providing very less rate of interest. I have applied the loan amount of Rs. 3.5 lakhs and they have sanctioned the amount of Rs. 2 lakhs depends on the credit score and the company where i work. If they are providing the same amount what customer ask, it will be good.
I have take the loan for personal use and this loan got sanctioned on time The rate of interest and the processing fee was high since had requirement i have taken this loan.I have submitted the documents as well as uploaded documents . .Everything was good to me so far and there was no drawbacks faced so far .
I got a personal loan offer from INCRED. The process was done on time. The loan amount is sufficient of 1L same amount sanctioned with tenure period of 2 years. The rate of interest of 28% which is high they have not negotiate. EMI need to pay of 4,200 rupees.
My personal was taken through incred which was taken through online .This loan was sanctioned on time without any delay .The agent shared all the relevant details about the loan process.I have submitted the documents through the agent and the premium is paid on correct time .everything was good to me so far and i am satisfied with the service .
For purchasing a car, i have taken the personal loan from Incred because the rate of interest is okay for me and i got the approval immediately other than this my friend has referred to me. I have no idea about the interest rate. It took few minutes for verification after that it took 15 days to get the loan its because of the delay from my side.
In my Incred personal loan, they have mentioned the interest rate of 26%. For the emergency purpose, i have taken this loan. Its because of the fast approval and easy process, i have chosen this company compared to others. I had applied the loan amount of Rs. 2 lakhs but they have sanctioned only Rs. 1.5 lakhs. They have not informed me about the part payment and pre-closure facility.
INCRED has offered high rate of interest which is high of 26% they couldn't negotiated as well. I received the call on delayed from their end, hence they disburse the amount more than a month. The amount of 2L was offered but got of 1.45L only. They deducted 10K for fee and insurance within tenure period of 2 years. EMI need to pay of 7,812 rupees, there is pre closure option after one year.
I have not faced any issues when applied for this incred personal loan .The rate of interest and the processing was too high .I have got the update from agent the rate of interest will be less and later it s high 32%.The loan got sanctioned on time without any hassles .The agent shared all the information about the loan process.I have uploaded my documents as well as submitted .