In Kerala, where family responsibilities, festivals, medical emergencies, and education expenses are part of daily life, having access to quick and reliable financial help is essential. From funding an Onam celebration to managing a sudden hospital bill at a private clinic in Kochi or Thiruvananthapuram, a short-term personal loan can be a real lifesaver.
The Creditt Loan App is a fast, secure, and paperless platform that offers personal loans tailored for salaried individuals. In this article, we’ll walk you through how the app works, who is eligible, what documents are required, and how people in Kerala—whether in Malappuram, Ernakulam, or Kasaragod—can benefit from this app.
What is the Creditt Loan App?
The Creditt Loan App, launched in January 2019, is a digital lending platform that simplifies the process of getting personal loans for salaried individuals. It offers quick loans ranging from ₹10,000 to ₹35,000 with a short repayment period. With over 1 million downloads, the app has become popular among people who need instant financial help. In Kerala, where many people work in private sectors like tourism, healthcare, and IT, or send money home from Gulf countries, this app provides an easy way to get emergency funds without standing in long queues at banks.Special Benefits for People in Kerala
- 24×7 Availability: Whether you’re working night shifts in Technopark, Trivandrum, or a teacher in a rural school in Wayanad, the app is always accessible.
- Quick Disbursal: Money gets credited to your bank account—whether it’s with SBI, Federal Bank, or South Indian Bank—within minutes.
- No Need to Visit a Bank: Especially helpful in areas with limited banking facilities like Idukki or Pathanamthitta.
- Malayalam-Friendly Support: While the app interface is in English, customer support often assists Malayalam-speaking users via calls and email.
Key Features of the Creditt Loan App
- Instant Loan Approval: Get your loan approved within minutes after applying.
- 100% Online Process: No paperwork or physical visits.
- Fast Disbursal: Funds reach your bank account within 5 to 10 minutes of approval.
- Flexible Loan Options: Choose between ₹10,000 and ₹35,000 based on your needs.
- Secure Platform: Your data is encrypted and handled with care.
Why Keralites Prefer Creditt Loan App
- Fast Help for Emergencies: Be it a sudden hospital admission in Aster Medcity, Kochi or buying a laptop for online studies during a lockdown, Creditt steps in instantly.
- Easy During Festivals: Onam, Vishu, Eid, or Christmas – extra expenses come with every festival in Kerala. Creditt loans offer a cushion for such moments.
- Low Documentation: You just need Aadhaar, PAN, bank statements, and income proof.
- Clear Terms: No hidden fees or complex conditions—everything is displayed upfront.
Loan Terms and Interest Rates
Before you borrow, understand the loan details:- Loan Amount: ₹10,000 to ₹35,000
- Interest Rate: 20% to 36% per annum (APR)
- Repayment Period: 90 to 200 days
- Processing Fee: Applicable but clearly shown during application
Who Can Apply? (Eligibility)
- Must be an Indian citizen
- Aged 21 years or older
- Must be a salaried employee (e.g., working in an IT firm in Infopark, Kochi or a private hospital in Calicut)
- Must have a regular income with salary being credited to a bank account
Documents Required (Keep These Ready)
- PAN Card
- Aadhaar Card
- Bank Account Details – Recent 3-month statement in PDF
- Income Proof – Recent salary slips or official income certificates
- Selfie/Photograph – Taken during video KYC process
Step-by-Step Guide to Apply for a Personal Loan on Creditt
Step 1: Download the App
Go to the Google Play Store, search for “Creditt Loan App” and install it. The app is not yet available on iOS.Step 2: Register
Open the app and sign up using your mobile number. You’ll receive an OTP to verify.Step 3: Fill in Your Details
Enter your name, address (whether you’re from Alappuzha or Palakkad), job details, and income.Step 4: Upload Documents
Upload scanned or digital copies of your Aadhaar, PAN, salary proof, and bank statements.Step 5: Video KYC Verification
You’ll be asked to take a selfie and complete a short video KYC process. Ensure good lighting and stable internet.Step 6: Get Instant Loan
Once your documents are verified and application approved, the money will be credited to your account within 5 to 10 minutes.Benefits for Malayalis Using Creditt
- Home-Based Application Process: No need to visit any office. From Kasargod to Kottayam, apply from anywhere.
- Fast Emergency Response: Very helpful during sudden medical treatments or repairs during monsoon floods.
- No Need to Borrow from Friends or Family: Maintain your dignity and independence.
- Supports Kerala’s Digital Push: Aligns with the state’s digital India initiatives and mobile-savvy population.
Tips for a Smooth Experience
- Check Your Credit Score: A good CIBIL score improves your chances.
- Keep Soft Copies Ready: Store your documents in your phone’s file manager or DigiLocker for easy upload.
- Be Honest in Application: Any incorrect info may lead to rejection.
- Borrow Responsibly: Take only what you can repay. Avoid late payments to maintain a good credit history.