Amrit (name changed) is 40 years old and lives in S. K.Nagar, Mumbai in his parents' house. He had a requirement of ₹55,000 for travel. Sometimes we need a break from our usual routines and that calls for a vacation, but do not have enough money to plan an itinerary.
Amrit 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 assess the applicant's profile carefully and look at many factors such as monthly income, employer quality, banking history, payment history of previous loans, cibil score, etc. Size of the company is just one of the many factors. Amrit had a decent monthly income of ₹48,225 and good banking trends in salary account. Amrit's loan was approved and disbursed within 18 hours, after taking into consideration this and several other factors.
Amrit is just one of the many happy customers who got quick access to credit, thanks to our easy process.