CreditMantri 3.9.2

With CreditMantri, you can check your free credit score and improve your credit health. We offer a wide range of loans and credit cards that are uniquely matched to your profile from top banks such as Yes Bank Limited, IDFC First Bank, and ICICI Bank.

CreditMantri's credit score is powered by Equifax, one of the four credit bureaus authorized by RBI. Trusted by more than 18 million Indians🛡️ and 40+ lenders.

Things you can do

• Credit Score and Analysis
  • Check your credit score for free and get a detailed analysis of your credit profile.
  • Subscribe to a premium credit health report for personalized recommendations.
  • Improve your credit score with inputs from our experts.
• Track Spends & Bills
  • Plan your budget and track your spends across categories.
  • Quickly add any cash spent to accurately track your expenses.
  • Get EMI reminders and credit card bill reminders to pay on time.
  • Check bank balance and ATM withdrawal count.
• Loans & Card Offers
  • Apply for exclusive loans and credit cards from lenders and get instant approval.
  • Build your credit score with your first credit product.
• Credit Score FAQs

What is a credit score and how is it calculated?

A credit score is an indicator of a borrower's ability to make credit payments on time. It is calculated based on data provided by banks and NBFCs to the bureau. Major factors that influence credit score calculation are timely credit payments, current outstanding balance, and new credit enquiries, among others.

If I check my credit score, will it hurt my credit report?

No, requesting your credit score through CreditMantri is considered a soft inquiry on your credit report, unlike a hard inquiry when a lender requests your credit score during a loan decision.

I have a low credit score. What can I do to improve my score and become loan eligible?

If you have a low credit score due to negative accounts and/or delayed payments in your credit report, CreditMantri can help you identify the negative accounts and improve your credit health by resolving the issues.

Loans FAQs

What kind of loans are available?

CreditMantri's Marketplace offers a wide range of products matched to the customer's credit profile, including personal loans, home loans, auto loans, gold loans, loans against property, business loans, education loans, and two-wheeler loans.

What is the loan amount, tenure, and interest rate I can get on different types of loans?

The loan amount, tenure, and interest rate are determined by your credit profile and requirements.

1. Personal loan: From ₹1,000 to ₹30 lakhs, tenure from 90 days to 5 years, and interest rate varies from 11.99% to 35% per annum.
2. Home loan: From ₹3 lakhs to ₹10 crores, tenure from 1 to 30 years, and interest rate varies from 8.35% to 15% per annum.

Who are the lenders that partnered with CreditMantri to provide personal loans?

CreditMantri has partnered with leading banks to provide personal loans. Below is the list of lenders:

• Yes Bank Limited
• IDFC First Bank
• ICICI Bank

Representative example of the total cost of the loan:

• Loan amount - ₹1,00,000
• Interest rate (APR) - 13% p.a.
• Loan tenure - 12 months
• Total interest to be paid - ₹13,000
• Processing fee + GST - ₹588 (₹499+GST)
• Monthly EMI repayment - ₹9,466
• Total amount to be repaid - ₹1,13,588

Permissions Requested:

• Camera - To take photos of proof documents to quicken the loan process.
• SMS - To help you track your spends and receive EMI reminders from bank SMSs.
• Storage - To store photos captured by you for proof documents.
• Phone call/Device state – To pre-fill the mobile number.

Awards:

• Red Herring Asia Top 100 Winner, 2017
• Named in the "Top 250 Fin-Tech Companies in the world" by CB Insights, 2017 and 2018
• Jason J. Spindler 'Big Data for Impact Award, 2019