Regulated NBFCSelf-Employed & Tradersunsecured

KreditBee Personal Loan for Self-Employed

क्रेडिटबी पर्सनल लोन (स्वरोजगार)

KreditBee instant personal loan for self-employed individuals and small traders up to ₹3 Lakhs.

Max Loan Amount

₹10,000 to ₹3,00,000

Interest Rate

16.00% - 29.95% p.a. (risk-grade fixed)

Tenure

3 to 24 months

Processing Fee

Up to 3.50% to 5.00% of loan amount + GST

✦ What It Is: Product Architecture & Regulatory Scope

Short-term digital credit facility from KreditBee for self-employed individuals, small shopkeepers, and gig workers to bridge working capital or personal cash shortages.

What is Missing: Honest MITC Policy Gaps, Hidden Clauses & Extra Charges

Eligo consumer protection notice: Bank brochures, DSA telecallers, and comparison portals rarely disclose these conditions. Read carefully before signing.

• Higher interest rate floor (starts at 16% p.a.). • Maximum loan quantum capped at ₹3 Lakhs. • High processing fees deducted upfront.

✦ Key Benefits & Features

• Disbursal in under 15 minutes directly to bank account • No audited financials required for small ticket sizes • 100% paperless onboarding via mobile app • Flexible tenures from 3 to 24 months.

✦ Prepayment, Part-Payment & Foreclosure Rules

Prepayment allowed after 3 months with 3% fee + GST.

✦ Eligibility Requirements

Self-employed individuals and shop owners with regular bank account credits. Min Age: 21, Max Age: 50. Min Monthly Turnover: ₹15,000. Min CIBIL: 650.

Min Age21 Years

Max Age50 Years

Min Monthly Income₹15,000

Min CIBIL Score650+

✦ Documents Required

• Completely paperless (PAN, Aadhaar, and digital bank statement).

✦ Exact How-To-Apply Process (3 Pathways)

Depending on your current relationship with the bank, select the corresponding application journey:

Pathway A

Existing / Pre-Approved Customers

1. Open KreditBee App > Self-Employed Loan banner. Select amount and e-sign via OTP.

Pathway B

New Online Applicant (Fresh Digital)

1. Download KreditBee App. Enter PAN, business details, verify bank statements, and complete digital KYC.

Pathway C

Branch Walk-In Application

Not applicable — app-only digital product.

Official Sourcing & MITC Verification

180-Day Re-Verification SLA · Last Verified: 2026-09-28

Eligo does not collect personal loan applications, sell user data to DSA telecallers, or receive affiliate commissions. All terms shown are extracted directly from official bank circulars, Most Important Terms and Conditions (MITC), and Key Fact Statements (KFS) under RBI guidelines.

Visit Official Lender Portal (KreditBee Official Portal)View Official MITC / Schedule of Charges RBI Key Fact Statement (KFS) Reference

Frequently Asked Questions on KreditBee Personal Loan for Self-Employed

Do I need ITR for KreditBee self-employed loan?

For smaller ticket loans up to ₹1 Lakh, ITR is not mandatory; bank statement analysis suffices.

How quickly are funds disbursed?

Within 15 minutes directly to your verified bank account.

What is the maximum tenure?

Up to 24 months (2 years).