Bhuvanesh (name changed) is 29 years old and lives in Kothanur, Bengaluru with his family. He had a requirement of ₹1,00,000 for electronics. Buying electronics often requires quite an amount of money to be spent.
Bhuvanesh was in an urgent need of money but he was working in a relatively new company which is just 1 year old. Most banks and lenders prefer customers from large, established companies.
At Credy, we just don't look at the size of the company but also consider other factors such as employer quality, monthly income, spending patterns, cibil score, credit history, etc. among others. Bhuvanesh had a good monthly income of ₹50,000 which allowed us to evaluate his loan application despite being employed at a small company. Bhuvanesh's loan was approved and disbursed within 29 hours, after taking into consideration this and several other factors.
There are many happy customers like Bhuvanesh who are impressed by our fast online loan process.