Instant Loan

We understand that there might be situations where you have an immediate requirement for money. It could be for a medical emergency, family function or to pay credit card bill. Having access to money at a short notice becomes important in such a situation.

Unfortunately, based on our experience with thousands of customers, a large set of customers do not have access to an instant loan.

Some reasons are:

  1. If you are working in a small company, MSME or a startup.
  2. No options for small amount loans - finance companies always want to give you a higher amount option as that increases their income.
  3. New to credit or slightly lower Cibil score because of delays which are minor or very old4. Income on the lower side. A lot of creditworthy customers are in the monthly income range of ₹15000 to ₹25000 who don't have an instant loan option.
  4. A long complicated process from large finance companies which involves paperwork and typical disbursal time of 5-7 days!

At Credy, we believe in using new methods and technologies to identify creditworthy salaried customers and given them access to money when they genuinely need it. Our instant loan app is online, easy to use and paperless. Credy disburses the loan directly to your bank account via IMPS. Since you get the loan amount directly credited in your bank account, you can choose to do what you want to do with the loan amount.

Instant Loan App

Here are the steps to get an instant loan from Credy:
  1. Check your eligibility instantly at our 2-step eligibility check form or via Credy's Android app.
  2. If you are eligible, enter employer details and verify official email ID
  3. Submit PAN details and address
  4. Link your salary account via netbanking or upload your bank statement
  5. DONE! Get instant loan approval with loan terms. If you are first-time Credy customer, we will arrange a KYC document collection pickup at your residence. For repeat users of Credy, you will instantly receive the money in your salary account!

Here are the main benefits of an instant loan from Credy:

  • Paperless process
    We will not ask a single piece of a paper document from you. The world has digitized and so should a good finance company.

  • Fast disbursal
    we disburse the money instantly for existing customers and within 24 hours for new customers. We actually deliver what we commit on. We use automatic disbursal based on IMPS to get you money when you need it - 24x7!

  • Great customer service
    We are here are every step of your Credy instant loan journey - from sign-up to loan closure.

  • Dependable finance partner
    Repeat loans are easy to take. Just make sure you pay existing Credy loan on time.

Instant Personal Loan Without Documents

Our process is easy and paperless for new customers. It is even easier for a second or future personal loan. Repeat users get an instant personal loan without any additional documents. We already have relevant documents from the first loan. Any other check that is needed, we will do it from our side, instantly.

How to get money in 30 seconds:

  1. Login to your Credy account via Android app.
  2. Enter amount requirement
  3. Verify official email ID
  4. Answer security question
  5. Get money in your account via IMPS in 30 seconds! Watch demo to learn more.

If you are a first-time customer, you may want to check our detailed process of personal loan. Credy provides online personal loan up to ₹1 lakh. Join lakhs of Credy customers and get an instant loan.

Instant Loan Interest Rates

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