Select Incred and Apply Now
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Features & Benefits
🔹 Loan amount ranging from Rs. 50,000 to Rs. 10 lakhs
🔹 Enjoy the interest rate between 16 - 36% per annum.
🔹 Minimal 2% to 5% processing fee.
🔹 Enjoy the loan tenure from 12 to 60 months.
🔹 Get the benefit of multiple add-ons.
Eligibility Criteria
🔹 Age : 21 - 55 years
🔹 Monthly income : Rs. 20000+
🔹 Employment Type : Salaried
🔹 Interest : people who looking for a personal loan.
🔹 CIBIL : -1 & 680+
Documents Required
🔹 No documentation is required for loan amounts up to ₹2,00,000
🔹 Banking Statements are necessary for loan amounts above ₹2,00,000
🔹 Aadhaar card
🔹 PAN card
🔹 Income proof
🔹 Address proof
🔹 Net banking/Debit Card
Process
♦️ Ask the customer to click on the link shared by you, then enter name & mobile number to continue.
♦️ The link will redirect customers to the InCred app download link.
♦️ The customer has to install the app on their Android smartphone.
♦️ Ask the customer to select the language in which the process needs to be continued.
♦️ The app verification page will now be displayed on the screen. The privacy policy and Whatsapp checkbox need to be ticked to proceed further.
♦️ Now enter the mobile number to start the sign-in process.
♦️ The customer will get an OTP for verification. It will be auto-read for verification.
♦️ If the OTP is not received, the customer can also go for the SMS-based sign-in process by clicking on the button at the bottom.
♦️ Create the 4-digit security pin now.
♦️ Grant access permission to SMS, location, and camera and continue.
♦️ Enter your PAN for identity verification. If your PAN is pre-filled, just confirm it. If not, you'll have to enter it manually.
♦️ Fill out the basic details form. This includes personal information like your name (which is pulled from your PAN details), current address, and employment details. Make sure to provide the correct pincode associated with your area.
♦️ Confirm your details and tap on 'Continue'. Your application will now start processing.
♦️ Your credit limit will now be determined through a CIBIL pull, and the results will be displayed on your screen.
♦️ You'll be shown the loan amount selector screen if you get approved. Here, you can choose the loan amount you require.
♦️ Proceed with either the Small ticket or Big ticket journey based on your chosen loan amount.
♦️ Enter your bank name, account number, and IFSC code for penny testing. This is an important part of the verification process, where Re.1 will be deposited in the account for detailed confirmation.
♦️ If you choose the Big Ticket Journey, you must submit your banking statement for income verification.
♦️ Now, the employment details will be verified through the EPFO. The customer may have to validate the employment by entering the office email address and OTP.
♦️ The customer will now need to complete the Self FI from the application for residence verification.
♦️ Provide two reference details for further verification: one colleague and one family/friend, in case the self-residence verification does not work.
♦️ Once the reference verification task is done, the loan disbursement process will start.
♦️ The amount will be credited to the customer’s bank account.
Rules to Follow
🔵 Available for new users only. Your customers should not have any relationship with the Incred personal loan
🔵 Customers must meet the eligibility criteria set by the lender
🔵 If you are not able to finish the loan process due to any reason, then you have to complete the process using this website link.
🔵 Customer mobile number should be linked with Aadhaar number
🔵 VKYC Feature:
1. The VKYC process is quick and efficient, assisted by an agent, and operational from 10AM to 6PM (Monday to Friday).
2. The applicant has a maximum of three attempts to generate a new VKYC link upon expiry.
🔵 This loan product is live on over 7000 pin codes.
🔵 Customers must apply for the loan using this website link.
🔵 Customer must complete the application on their device. if more than one customer use the same device to apply, then loan gets rejected.
Frequently Asked Questions (FAQS)
1. What is the eligibility criteria for an Incred personal loan?
- To be eligible for an Incred personal loan, you must:
1. Be a citizen of India.
2. Be between the ages of 21 and 55 years.
3. Have a minimum monthly income of ₹15,000.
4. Have a credit score of 650 or more
2. What is the maximum loan amount I can borrow?
-The maximum loan amount you can borrow from Incred depends on your income and credit score. However, the maximum loan amount is capped at ₹10 lakhs.
3. What are the repayment terms for an Incred personal loan?
-The repayment terms for an Incred personal loan can range from 12 to 60 months. The exact repayment term will depend on the amount of loan you are applying for and your individual circumstances.
4. What is VKYC, and when is it available?
- VKYC (Video KYC) is a quick and efficient identity verification process assisted by an agent. It's operational from 10AM to 6PM, Monday to Friday.
Tags
Personal Loan