InstaCred is a financial loan product registered under RBI and is an excellent option to get a reliable online loan. InstaCred is a Loan App that provides unsecured, paperless online loan services to every Indian citizen. For this, we need to verify your identity online by submitting the Loan App application forms. Your information is very important to us and it will be stored and transmitted by under 128-bit SSL security encryption and will not be shared with anyone without your permission.

? The loan products provided by InstaCred loan app
Loan Amount ₹1,500 to ₹1,10,000
Minimum loan tenure 91 days
Maximum loan tenure 365 days
Maximum Annual Percentage Rate (APR) 35% p.a.
Processing fee ₹80 to ₹2,000 depending on the loan tenure and amount
GST 18% processing fee as per the laws and policies of India

? Cost example of InstaCred loan app
If the insta personal loan amount is ₹6,000, then interest rate is 25% per annum, and the loan tenure is 120 days. The interest payable is calculated as follows
Interest = ₹6,000 x 25% 365 x 120 = ₹493
Processing fee = ₹100
GST = ₹100 x 18% = ₹18
Total repayment in 120 days is ₹6,000 + ₹493 + ₹100 + ₹18 = ₹6,611
APR = (₹6,611 - ₹6,000) ₹6,000120 x 365 = 30.97%

?? Eligibility Requirements of InstaCred's personal loan
You must be an Indian citizen above 18 years of age (with a PAN card)
You must have your bank account (to receive insta cash)
You must have a steady source (of personal income every month)

?? How to apply credit line & insta personal loan in InstaCred loan app
1. Download the InstaCred loan app & complete the Installation
2. Register with your mobile number & accept basic permissions
3. Submit KYC documents to InstaCred loan app for insta checking
4. Accept the insta personal loan terms, then agree to sign online loan agreements
5. Wait for insta cred approval, it usually takes less than 10 minutes

?? One your credit loan is approved, the funds will be immediately transferred to your bank account

InstaCred Contacts
? Email: [email protected]
? Website: https://instacred.info
? Address: FIEE Complex, A-19, Block A, Okhla Phase II, Okhla Industrial Estate, New Delhi, INDIA 110020
? Working hours: Monday to Friday, 1000 am to 500 pm