KreditPe: Scan & Pay plus Loan is a free business and productivity app developed by Bueno Finance or also known as Bueno Gig Credit Building Technologies Pvt Ltd. The primary objective of this app is to enhance the financial well-being of individuals residing in India.

KreditPe is an application that offers a credit line that can assist customers in fulfilling their everyday financial needs. It is an online finance application that provides convenient access to Buy Now, Pay Later options, and personal loans, all available within the app. Additionally, this platform can give you a credit line over UPI with zero interest.

Get an instant personal loan

As mentioned above, the Buy Now, Pay Later option is an online service that gives customers a Credit Line, a certain amount they can use to make purchases. By scanning QR codes, you can use this credit line to pay merchants that accept UPI payments. Then you can repay the amount owed to KreditPe: Scan & Pay plus Loan app and a one percent convenience fee levied on each transaction.

You can also get a personal loan from this app. You can transfer the loan amount directly to your bank account after you are approved for a loan. The loan repayment durations can vary between 30 days and three EMIs or Equated Monthly Installments. The loans available through this platform have an annual interest rate or APR that falls between 20% and 45%, depending on the specific loan type.

For example, suppose you borrow ₹10,000 INR and choose to repay it over three months with a 1.5 percent monthly interest rate and a processing fee of ₹200 INR. In that case, you will be required to pay a total of ₹10,450 INR. Additionally, eligibility for a loan requires you to be an Indian citizen over 18 years of age and possess an Aadhar Card and PAN Card.

An app for Indian people

KreditPe app is a free online finance application that aims to improve the financial health of individuals in India. It offers a Credit Line, Buy Now Pay Later options, and personal loans. Customers can repay loans through UPI. Loan repayment periods can vary from 30 days to three EMIs. To qualify for a loan, individuals must be legal residents of India over 18 years old and have an Aadhar and PAN card.