Compare & apply: Comparing and applying for a financial/banking product made quick and easy.
Check Credit score: Check free credit score online.
EMI calculator: Calculate your EMIs with a customized EMI calculator
CreditKaro is an online marketplace for banking and financial products. This app helps you to compare and apply among various financial products like- apply credit cards & personal loans offered by banks and financial institutions in India. The app is loaded with some amazing features which includes EMI calculator, Free credit score check financial news & facts. You can check your credit report on your mobile phone anywhere at any point of time.
THINGS YOU CAN DO ON THIS APP:
• Compare and apply for loans, credit cards, savings account and Demat accounts
• Get instant quotes after checking eligibility
• Check free credit score
• Get latest financial news and tips through interactive blog
• Calculate your EMIs with our customized EMI calculator
• Track your application status
• Avail exclusive deals and offers on financial products.
FEATURES:
• Credit cards: Choose from the best Credit cards in India.
• Personal loans: Find the best offers on personal loans.
• Home Loans: Check home loan interest rates and get collateral free loans with lowest interest rates.
• Savings account: Choose a reliable savings account from various options that will serve your purpose.
• Demat account: Trade with the best Demat options in the marketplace and open Demat account with us.
• Credit score: Check free credit score online.
Personal Loan Details With Example:
Creditkaro compares personal loans from major banks (For eg: ICICI Bank, HDFC Bank, IndusInd Bank, AU Bank, Axis Bank) & NBFC (Bajaj Finserv, Early Salary, Cashe, Moneytap, Tata Capital) users have an option to select the suitable bank/NBFC to apply their personal loan and shall be redirected to the respective bank website/app to complete the process.
Depending upon the applicants profile & the lender, APR (Annual Percentage Rates) may vary from 10.99% to 35%. We have loans ranging from INR 9,000 to INR 25 Lakhs with a repayment tenure ranging from 90 Days to 60 months.
Sample Loan Calculation:
Loan Amount = INR 5,00,000
Interest rate: 10%
Loan Duration: 2 years
Total Interest: 50,000
Processing fee + GST = 4,000 + 500 = INR 4,500
In hand amount: Loan amount – Total Deductibles = 5,00,000 – 4,500 = 4,95,500
Total repayable amount = INR 5,50,000
Monthly EMI Repayable = INR 22,916
Note: Above is just an example actual calculation might differ when you apply personal loan from CreditKaro.
Please feel free to write at support@creditkaro.com if you need to know exact calculations before applying.
CreditKaro aims at making banking and finance a smooth experience for its users, because banking can be a pleasant experience.