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CredXpres

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Rates & Terms

Min Loan Amount

₹5,000

Max Loan Amount

₹1,00,000

Loan Tenure

62 to 365 Days

Processing Fee

Up to 5% of loan amount

Pre-closure

No charges applied

Interest

Up to 1% per day

APR

Max 46%

Cheque Bounce

₹500 + GST

Example Calculation

A worked example for a ₹30,000 loan over 3 months

Worked Example
Given
Loan Amount
₹30,000
@ 9% total interest (0.1% / day)
Loan Duration
3 months
Deductions & Interest
Total Loan Interest₹2,700
Processing Fee + GST₹1,500 + ₹270 = ₹1,770
In-Hand Amount
₹28,230
₹30,000 − ₹1,770 (fee + GST)
Total Repayable
₹32,700
₹30,000 + ₹2,700 interest
EMI Repayable (over 3 months)₹10,900

Processing fee and GST are deducted upfront from the disbursed loan amount.

Loan Calculator

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Results are for illustrative purposes only.

CREDXPRES IS A BRAND OPERATED & PROMOTED BY RBI REGISTERED NBFC “ACOLYTE FINSERV LIMITED (formerly Gagan Metals Ltd)” RBI REGISTRATION NUMBER: B-14.01740

Important Notice: As a registered NBFC with the Reserve Bank of India and following all the guidelines of the regulatory authorities, CredXpres provides loans to all eligible customers, where we accomplish our lending services through our website and CRM. Apart from this, we would like to inform our customers and the general public that wedon't have any app on android or appstore, and we are not disbursing through any mobile app. Therefore, please beware of any lending application that is copying our name and disbursing loans in our name through mobile apps, and please inform us in such circumstances where someone is trying to cheat through the unauthorized loan app by copying our name and logo.