App Profile: CreditSea: Personal Loan App

Need a Quick Loan? Get a Personal Loan with CreditSea!

CreditSea makes borrowing simple and hassle-free. Get a personal loan of up to ₹2,00,000 directly in your bank account with minimal paperwork and a fully online process.

What We Offer:
- Loan Amount: ₹5,000 - ₹2,00,000
- Interest Rates: 12% - 32.5% per annum
- Loan Tenure: 6 - 60 months
- Processing Fee: Up to 5.1% + GST
- Fast Transfer: Funds disbursed quickly
- No Collateral Required
- Foreclosure & Part-Prepayment Options

Eligibility Criteria:
- Indian citizen
- Minimum age: 24 years
- Monthly income: ₹20,000+ (personal), ₹25,000+ (household)
- Valid ID and address proof
- Aadhaar-linked mobile number
- Salaried employee with at least 2 months in the current company

Documents Required:
- PAN Card
- Income proof: (bank statement showing salary credit)

Example Loan Calculation:
- Loan Amount: ₹2,00,000 for 3 years
- Processing Fee: ₹8,260
- Interest Rate: 24% p.a. (reducing balance)
- EMI: ₹8,020 per month
- Total Payable: ₹2,88,720
- APR: 30.15%

Fees & Charges:
- Foreclosure: 4% of principal outstanding + GST
- Part-Prepayment: 4% of principal prepaid + GST
- EMI Bounce: ₹500 or 4% of overdue principal (whichever is lower)
- Late Payment: 36% p.a. on overdue amount

How to Apply:
- Download the CreditSea App
- Sign up and complete your profile
- Upload required documents
- Select loan amount and tenure
- Receive funds in your bank account

Permissions We Require:
- Location: To verify service availability and ensure regulatory compliance
- Camera: To capture KYC documents and selfie for identity verification
Application Requirements:
- Mobile number and email
- Full name, date of birth, PAN card
- Employment details and income proof
- Address proof (permanent & current)
- Reference contact
- Bank account details for loan disbursement

Why Choose CreditSea?
- Fast and easy application
- 100% digital process
- No hidden charges
- Trusted by thousands of users

Download the CreditSea App and get your loan approved today!