Incred Finance Education Loan

Incred Finance | Education Loan | 25-Feb,2021

About Incred Finance: Incred Finance is an Indian non-banking financial company (NBFC) founded in 2016 by Bhupinder Singh. It has been operating continuously since 2016. The company offers home loans, education loans, consumer loans, and SME business loans. Its headquarters are located in Mumbai, Maharashtra.

Detail: Maximum age of Applicant: 26 years Minimum age of Applicant: 16 years

Annual Percentage Rate (APR): 11%- 13%

Minimum & Maximum period for repayment (Loan Tenure): Upto 7 years

Loan processing charges: 0.9%- 1.5% of the loan amount

Late Payment: --

Foreclosure Charges: --

Partpayment Charges: --

Maximum Loan Amount: Rs. 50 Laks

Incred Finance Profile

Sector : Finance

Industry : Regional Banks

Incred Finance is an Indian non-banking financial company established in 2016. It was founded by Bhupinder Singh, the former head of Deutsche Banks corporate finance division. The company primarily focuses on personal loans, home loans, education loans, SME business loans, and consumer loans. Bhupinder Singh currently serves as the CEO of Incred Finance.

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Loan Type

Incred Finance ROI Max Loan Amount Tenure Processing Fee Late Payment Foreclosure Charges Partpayment Charges
Personal Loan 10.50% Upto Rs. 15 lakhs Upto 60 months As per the guidelines in force -- Foreclosure allowed after payment of at least 6 EMIs Not Allowed
Education Loan 11%- 13% Rs. 50 Laks Upto 7 years 0.9%- 1.5% of the loan amount -- -- --
Business Loan 18% Upto 10 lakhs Upto 3 years Upto 5% of the loan amount -- N/A N/A

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