KreditPe: Scan & Pay plus Loan Varies with device

KreditPe: Scan & Pay plus Loan is a versatile financial app designed to cater to the needs of individuals in India. Developed by Bueno Finance, this free app offers a range of features to enhance your financial well-being.

With KreditPe, you can access a credit line that provides assistance for your everyday financial requirements. The app allows you to conveniently avail Buy Now, Pay Later options and personal loans, all within a single platform. What's more, you can even enjoy a credit line over UPI with zero interest.

One of the key features of KreditPe is the Buy Now, Pay Later option. This online service provides customers with a credit line, allowing them to make purchases by scanning QR codes. You can easily pay merchants who accept UPI payments using this credit line. To repay the amount owed, simply use the KreditPe: Scan & Pay plus Loan app, with a one percent convenience fee levied on each transaction.

Additionally, KreditPe offers the convenience of instant personal loans. Once approved, you can transfer the loan amount directly to your bank account. The repayment duration for these loans can vary from 30 days to three EMIs (Equated Monthly Installments). The annual interest rate or APR for the loans ranges from 20% to 45%, depending on the specific loan type.

For instance, let's say you borrow ₹10,000 INR and choose to repay it over three months with a 1.5 percent monthly interest rate and a processing fee of ₹200 INR. In this case, the total amount to be repaid would be ₹10,450 INR.

To be eligible for a loan, you need to be an Indian citizen over 18 years of age and possess an Aadhar Card and PAN Card.

Experience the convenience and flexibility of KreditPe: Scan & Pay plus Loan app, and take control of your financial well-being today!