What Is Speed Credit App?

  • Features of Speed Credit

    Amount of the Loan is ₹5,000 to ₹500,000
    Maximum Annual Percentage Rate(APR) is 18.25% per annum.
    Processing Fee is up to 1% of Loan Amount (additional 18% GST)
    Loan term is 91 days to 365 days

  • Loan example

    If users’ loan ₹10,000 for 120 days duration.
    The applicable fees are= ₹100. (₹10,000 * 1%)
    GST is= ₹18. (₹100 * 18%)
    Interest payable is= ₹600 (₹10,000 * 18.25% / 365days * 120days)
    Total cost of the loan is =₹718 (₹100+ ₹18 + ₹600)
    Total repayment amount for 120 days is =₹10718 (₹10,000 + ₹718)
    Monthly repayment is ₹2,680 (₹10718/4)

Frequently Asked Question

Service object of Speed Credit
1. All Indian citizens
2. 18-65 years old
3. Stable income
4. Valid documents
What makes us different
We provide much higher loan amounts
We provide much Lower rate
We provide long loan term
We provide simple to use
We provide information security
How to apply
1.Download app from google play store and install
2.Register with your phone number
3.Fill in basic information for apply
4.Waiting for approval
5.Get the money

Get Started for Free