Get an emergency loan online from Credy

In case of an emergency, all you want is quick cash without the hassle of getting through paperwork and long queues of approval. Emergency can be of any type, it can be a medical emergency or an urgent need of extra funds for your marriage or any sudden unplanned expense that can arise. A quick personal loan from Credy can be availed within 24 hours making it instantly useful for people in need of quick funds. In addition to it, the flexible tenure and affordable interest rates make it a less burden for the person taking a loan from us.

At Credy we believe in prompt action and helping the person in need with a quick and instant loan. We have a very easy to follow the procedure for loan application online that guarantees minimum effort and quickest approval of an application. You can visit our website or use our Android App to get your eligibility report. Our terms for eligibility are simple to make it accessible for all. An emergency loan at Credy dealt with high priority and we put in our extra effort to disburse the funds as early as possible. Our motto is to provide support at the earliest without you wasting time on the lengthy loan application procedures. Unlike banks and other institutions, we provide small ticket unsecured loans with minimum documents for people in need of emergency cash.

Emergencies do not come warranted and may result in stress and anxiety. An unsecured personal loan is really helpful in situations you need urgent funds. We transfer the approved sum directly to your bank account to allow you the freedom to use it as you want anytime. You can withdraw the fund from your account whenever you are in. The whole process is online, cutting down the long queues and bundles of paperwork needed for a loan application. Our team of experts and agents ensure your application process is streamlined. Once your application is submitted, we follow a proven step-by-step method to ensure the quickest approval of your loan. After the approval it is a matter of hours until you can expect the fund credited to your bank account. As it is an unsecured loan you are not required to have any security for taking a loan from us.

Why Us?

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Enjoy a hassle free online process using laptop or phone

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Terms customized to your course structure and financial capacity.

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Get instant approval, disbursal within 24 hours

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Renew loan easily.

Eligibility for an emergency personal loan

To get a personal loan from Credy you are only required to be a salaried person with a good credit report for the quickest approval of your loan. Your salary account statement is the basis for approval of your loan as it will justify your creditworthiness and repayment capabilities. This is the reason we look for a stable salary account statement for approval of the personal loan. Although your credit score or CIBIL score is really important for taking a loan from us or any other financial institution, you can get a score without a CIBIL score from Credy.

We understand the need for a loan for every customer is different and we judge every application to its credit. We have over the years approved loans with low CIBIL scores who were in urgent need of funds. This is based on various other aspects that we consider while approving an application for a personal loan. We also have a team of willing advisors who are always there to help you with your application and guide you for the quickest approval of your loan. Thus, if you are someone with a low credit score for some unfortunate reason and had your application rejected in case of an emergency, you can get in touch with us.

To cut down your efforts to send in an application, we have devised a procedure that takes care of your application automatically with the best effort and supported by experts. Our team of field agents ensures that you do not need to visit us or send us any documents physically. Once your loan application is approved, our field agent will field you at your home on your time. He will verify your original documents so that you are not required to visit us at any time. Once the process is complete it is only a matter of online bank transfer to get the fund in your hands. As of now, we have the physical verification process which needs you to be located within the perimeters of our work. However, we are constantly entering new cities, so be sure to check back with us to know if we are in your city. The physical verification process cuts down the loan approval time drastically, allowing us to disburse the loan amount within 24 hours.

You can avail a travel loan from Credy up to 1 lakh rupees if you fulfill the following requirements:

If you are located in these areas as of now, you can apply for a personal loan for any emergencies online and get the fund credited within 24 hours in your bank account. You are not required to visit us at any time or send us physical documentation for the loan approval. All the process can be done online with minimum documentation for instant approval of your loan. You are only required to send us soft copies through our website or Android App. Our field agent will visit you and verify the original documents to cut down the time require for verification. Most of our applicants get the loan amount credited to their account within 24 hours from sending the application. We take pride in quick disbursal of loan and getting you with an affordable credit so that a loan is never a burden for you anymore.

Interest and charges for emergency loan online

A personal loan from Credy is affordable and does not put a burden on any salaried person. We have a flexible rate of interest that is levied on the loan amount making it affordable for most. There are no hidden charges to the loan. We only charge a nominal 3% of the whole loan amount as a one-time processing fee with a minimum of Rs 500. It ensures that the loan is affordable for an average salaried person without a burden on the loanee.

Emergency Loan Interest Rate

(Updated on October 19, 2019)
Loan AmountUp to ₹ 1 Lakh
Interest Rate1 to 1.5% of Loan Amount Per Month
Loan Tenor3 to 12 months
Processing Fee3% of Loan Amount (Minimum ₹500)
Early Repayment Fee2% of outstanding loan amount
Late Fee2% of EMI Amount per week

Paying your EMIs every month is easier with our online portal which you can access on our website and Android app. You have multiple options for paying your monthly EMI using any online payment method available to you. This makes managing your loan easier and convenient using your online account. All the details can be accessed using the account details provided at the time of signing up on our portal. You get the option to choose a flexible tenure for your loan based on your salary and other expense. The flexibility allows for better control over your credit and makes it ideal for any salaried person to secure a loan from us.

Apply for a loan today using our emergency loan app

You can easily apply for a loan using our emergency loan app with very few details needed at the time of application. Our app is designed to help anyone with prior experience or novice, to apply for a loan directly without any hassle. Our easy and intuitive app will guide you through a step-by-step procedure to apply for a personal loan quickly. You will be prompted throughout the loan application for necessary documents to support your application. A properly submitted application has the benefit of quick approval and a higher loan amount to be approved. You can get a higher loan amount approved with a properly filled application.

Our Android App is free and you can get on Playstore which you can use to send us an application for your loan along with your personal details and bank statement. Your bank statement is necessary for us to decide your creditworthiness and ability to repay the loan. If you do not have your bank statement with you, you have the option to access your bank’s account through internet banking. We can pull up your bank details for us to judge your application. This helps us approve the applications with merit from among the huge number we receive daily. Thus filling the details properly is very necessary for us to approve your application from the others.

Our app can also be used to track your application and other details regarding your loan. You can check your next payment date along with the left sum through our app instantly. Using the app gives you the flexibility to keep track of your account without the need for a computer. You can even read about our published blog and tips regarding improving credit score and taking a loan. This will help you build a healthy credit profile and thus help you securing a future loan.

Stories of our customers who got emergency loan

#1 Story of Sourav
Sourav (name changed) is 30 years old and lives in Marathahalli Colony, Bengaluru with his family. He had a requirement of ₹70,000 for a medical emergency. A medical emergency can happen to anyone at any time and an instant loan may be required. Sourav needed a personal loan but had 900 days of EMI delay on previous loans about 5 years ago which made it difficult for him to get a loan.
Customers with old defaults are often rejected by financial institutions. But Credy takes into account many factors of the credit report, especially how good the credit report has been in the recent past. We observed that Sourav had constantly improved his credit health by paying EMIs and credit card bills on time and closing bad loans. There were about 900 days of EMI delay on his credit profile about five years ago, which reduced to 27 in the last three years. Considering this and many other factors, Sourav's loan was approved and disbursed in 26 hours! We are glad to have offered timely help to Sourav who is just one of our many happy customers.

#2 Story of Rehmaan
Rehmaan (name changed) is 35 years old and lives in Vivekanandanagar Colony, Hyderabad with his family. He had a requirement of ₹20,000 for a medical emergency. A medical emergency can be stressful as well as costly and getting a quick loan may come as a relief. Rehmaan needed a personal loan but had 123 days of EMI delay on previous loans about 5 years ago which made it difficult for him to get a loan.
Customers with old defaults are often rejected by financial institutions. But Credy takes into account many factors of the credit report, especially how good the credit report has been in the recent past. We noticed that Rehmaan had constantly improved his credit health by paying EMIs and credit card bills on time and closing bad loans. There were about 123 days of EMI delay on his credit profile five years ago, which reduced to 0 in the previous year. Considering this and many other factors, Rehmaan's loan was approved and disbursed in 30 hours!
There are many happy Credy customers like Rehmaan whom we have helped.

#3 Story of Nalawade
Nalawade (name changed) is 41 years old and lives in Wanowarie, Pune with his family. He had a requirement of ₹2,00,000 for a personal emergency. Personal emergencies often require urgent money and an instant loan may be the only way to handle it. Nalawade needed money quickly but banks and large lenders take a long time to disburse small loan amounts.
At Credy, we use technology and analytics to give a fast loan decision and quick disbursal via a paperless process. On evaluating Nalawade's loan application, we found that he had good spending patterns on his salary bank account and decent credit history. After careful evaluation of this and several other factors, Nalawade's loan was disbursed in just 19 hours!
Nalawade is just one of the many happy customers who got quick access to credit, thanks to our easy process.