Kredtap

Kredtap is a digital platform (Lending Service Provider – LSP). All loans are sanctioned and disbursed solely by our RBI-registered NBFC partner, Salora Capital Limited (RBI Registration No: N-13.01855).



Kredtap is a digital loan facilitation platform (LSP) and does not itself provide loans. All loans are sanctioned and disbursed solely by our RBI-registered NBFC partner, Salora Capital Limited.

Our Lending Partner


Salora Capital Limited
(https://saloracapital.com/)

RBI Registration Number: N-13.01855

What We Offer (through Salora Capital Limited)



✅ Loan Amount: ₹5,000 – ₹50,000 (sanctioned by Salora Capital Limited, RBI-registered NBFC)

✅ Interest Rates: 12% – 32.5% per annum

✅ Loan Tenure: 3 – 60 months
✅ Processing Fee: Up to 10 % of the principal amount + GST
(Processing fees vary based on borrower profile, loan amount, and tenure)
✅ Quick & Direct Transfer: Funds disbursed by our NBFC partner directly to your bank account

✅ No Collateral Required: Get a loan without pledging any security

✅ Foreclosure & Part-Prepayment Available

✅ Maximum APR – 78 %
(APR includes applicable interest rates, processing fees, and other applicable charges)


Eligibility Criteria



✔ Indian Citizen
✔ Minimum Age:18 years

✔ Minimum Monthly Personal Income: ₹20,000

✔ Monthly Household Income: ₹25,000+

✔ Valid Identity & Address Proof (Govt. Approved)

✔ Aadhaar-linked Mobile Number

✔ Salaried Employee with Permanent/Regular Status

✔ At least 2 Months Work Experience in Current Company (for Salaried Employees)



Documents Required



📜 PAN Card

💰 Income Proof (Bank Statements Reflecting Monthly Income)



Example of How a Loan Works (Illustrative)


💡 Loan sanctioned by Salora Capital Limited: ₹2,00,000 for 3 years

💰 Processing Fee: ₹8,260 (3.5% + GST + ₹500 Stamp Duty)

📉 Interest Rate: 24% p.a. (on reducing principal balance)

💳 EMI: ₹8,020 per month

📊 Total Payable: ₹2,88,720

📌 Total Interest Paid: ₹80,460

📈 Annual Percentage Rate (APR): 30.15%

Fees & Charges (as applied by NBFC partner)


💳 Foreclosure Charges: 4% of Principal Outstanding* + GST

💰 Part-Prepayment Charges: 4% of Principal Prepaid* + GST
⚠ EMI Bounce Charge (1st Day): 4% of Principal Overdue* or ₹500 (whichever is lower)

📌 Penal Charges (2-180 Days): 36% p.a. on Principal Overdue (+ GST if applicable)

🔹 *Rounded to the nearest rupee



How to Apply for a Personal Loan on Kredtap Personal Loan App


1️⃣ Download the Kredtap Personal Loan App

2️⃣ Sign up & Complete Your Profile

3️⃣ Upload Required Documents (Bank Statement, etc.)

4️⃣ Select Loan Amount & Tenure

5️⃣ Receive Cash in Your Bank Account (disbursed directly by Salora Capital Limited)



Our Policies



Privacy Policy: https://Kredtap.com/privacy-policy



Terms and Conditions: https://kredtap.com/terms/



Privacy Policy of Salora Capital Limited (NBFC): https://saloracapital.com/privacy-policy

Account Deletion: https://kredtap.com/account-deletion



Application Requirements



📱 Mobile Number

📧 Email

👤 Full Name

📅 Date of Birth & Gender

📇 PAN Card

🏢 Employment Type & Company Name

💵 Monthly Income

🏠 Address Proof (Permanent & Current Address)

📷 Selfie

📄 Bank Statement & Employment Proof (Salary Slip / Office ID / UAN – for Salaried Employees)

📞 Reference Contact

🏦 Disbursement Bank Account Details

🔄 eNACH / UPI e-Mandate



Why Choose Kredtap?


✔ Fast & Easy Loan Application

✔ Completely Digital Process

✔ Quick Loan Approval

✔ Quick Loan Disbursal by our NBFC partner

✔ No Hidden Charges

✔ Partnered with RBI-Registered NBFC (Salora Capital Limited)



📲 Download the Kredtap Personal Loan App Now & Apply Instantly! 🚀