CreditKart-Fincom

CreditKart is a shopping platform revolutionizing online shopping by introducing shoppers to a shopping experience like never before. Selling a variety of top quality products at very affordable prices, CreditKart assigns the shoppers a direct credit line and enables them “Buy Now, Pay Later”. From fashion to skincare and home decor to gadgets, we deliver happiness, Pan India over 25,000 Pin Codes.

CreditKart Features
• Get a direct credit line assigned instantly
• Repayment in 3 consecutive EMI’s
• Shop the best quality Affordable Products
• Delivering upto 25,000 Pin Codes
• No Processing Fees
• No Interest Charge
• No Down Payment or Upfront Fees

Categories Available
• Fashion and Accessories
• Makeup and Skincare
• Tech and Gadgets
• Home Appliances and Décor

Loan Details -
Loan Amount: From ₹ 1,000 to 5,00,000.
Minimum Period of Repayment – 90 Days
Maximum Period of Repayment – 500 Days
Maximum Annual Percentage Rate (APR) - The maximum interest rate is 20 % per annum.
Processing Fee: 5% of the loan amount
Sample Calculation.
Loan Amount :- Rs. 50,000
Processing Fees :- Rs. 2500 (INCLUSIVE OF GST)
Tenure – 3 Months
Interest Rate - 20% P.A.
Interest Amount :- Rs. 2,500
Amount will be disbursed Rs. 45,000
Each EMI will cost – Rs. 16,667
Total Repayment Amount will be Rs. 16,667 * 3 = Rs. 50,000
Description of sample calculation:-
A customer avails a personal loan of ₹50,000 at an interest of 20% per annum, where the processing fee is 2500 ( including GST ) for a period of 3 months, would end up paying ₹50,000 after 3 months. His monthly EMI would be ₹16,667.

How it works?
• Download the app.
• Register an account.
• Upload a few documents.
• Get a direct credit line instantly and browse through a variety of products.
• Buy now, Pay Later!