KreditBee gives instant personal loans that you can procure through the KreditBee App within 24 hours. These loans can be obtained easily and do not require any documents or credit history. The KreditBee processing fee is Rs. 130 to Rs. 850. Personal loans can be availed from KreditBee at affordable interest rates starting from 12.24%. The maximum repayment tenure is 15 months. 

Processing Fee of Various Personal Loan Apps -  A Comparison 

App

Processing Fee

Finnable Personal Loan App 

4% 

KreditBee Personal Loan App 

Rs. 130 to Rs. 850

MoneyTap Personal Loan App 

2% + GST 

NIRA Personal Loan App

Flat Rs. 500 

PaySense Personal Loan App 

2.5% of the loan amount + GST or Rs. 500 + GST 

LoanTap Personal Loan App 

2% on loan amount 

Early Salary Personal Loan App 

Rs. 399 


Before you apply for a personal loan on an instant personal loan app or offline, you should discuss the processing fees with the lender in advance. Also, you need to be careful of processing fees charged under any other name. The regulatory body forbids any hidden charges involved in procuring a personal loan. Lenders may divide total processing fees into two parts - A login fee payable upfront and the balance outstanding during loan sanction or disbursement.