CrazyBee is an instant personal loan app trusted by Indians.
Depending on your credit limit, CrazyBee will provide personal loans ranging from Rs 2,000 to Rs 2 lakh. Once approved, direct bank transfers are available in minutes.
Loan amount: From ₹2,000 to ₹200,000
Interest rates: From 12% to 24% per annum
Tenure: 91 days to 365 days
Example
Loan Amount: ₹50,000
Tenure: 12 months
Interest Rate: 24% (on reducing principal balance interest calculation)
EMI: ₹4,728
Total Interest Payable: ₹4,728 x 12 months - ₹50,000 Principal = ₹6,736
Processing Fees (incl. GST): ₹2,065
Disbursed Amount: ₹50,000 - ₹2,065 = ₹47,935
Total Amount Payable: ₹4,728 x 12 months = ₹56,736
Total Cost of the Loan = Interest Amount + Processing Fees = ₹6,736 + ₹2,065 = ₹8,801
Eligibility
1. Indian resident
2. Above the age of 18 years
3. Should have monthly source of income
Easy-to-Apply Process
1. Download the CrazyBee App
2. Provide basic details & check your eligibility in 2 mins!
3. Choose your loan amount & repayment tenure
4. Complete your KYC and verify your income
5. Get the money transferred directly to your Bank A/c in a few hours!
CrazyBee is a facilitator of the loan products and not an actual lender. All loans on the CrazyBee app are disbursed by lenders who are duly registered NBFCs & financial institutions authorized by RBI to lend personal loans.
Fees & Charges
Interest rates range from 0%-29.95% with equivalent monthly interest rate of 0%-2.49% only.
A small processing fee is charged for loans:
0 - 3% charged for low risk customers
2.5% - 7% charged for high risk customers*
The APR for different personal loan products:
low risk customers is 0%-36%
medium risk customers is 18%-39%
high risk customers is 24%-42%
Very high-risk customers are 24%-70%
CrazyBee charges a one-time service fee while onboarding or during upgrade which is ₹20-₹3500 depending on the risk profile.
*The charges and repayment tenures vary based on creditworthiness and repayment ability of the customers. Penalty is charged only when someone delays their scheduled payment.
Queries?
Mail: Customercare@crazybeeloan.com
Address: 26 & 27, Ground Floor，World Trade Centre,Barakhamba Lane,New Delhi. – 110001
Loan amount: From ₹2,000 to ₹200,000
Interest rates: From 12% to 24% per annum
Tenure: 91 days to 365 days
Example
Loan Amount: ₹50,000
Tenure: 12 months
Interest Rate: 24% (on reducing principal balance interest calculation)
EMI: ₹4,728
Total Interest Payable: ₹4,728 x 12 months - ₹50,000 Principal = ₹6,736
Processing Fees (incl. GST): ₹2,065
Disbursed Amount: ₹50,000 - ₹2,065 = ₹47,935
Total Amount Payable: ₹4,728 x 12 months = ₹56,736
Total Cost of the Loan = Interest Amount + Processing Fees = ₹6,736 + ₹2,065 = ₹8,801
Eligibility
1. Indian resident
2. Above the age of 18 years
3. Should have monthly source of income
Easy-to-Apply Process
1. Download the CrazyBee App
2. Provide basic details & check your eligibility in 2 mins!
3. Choose your loan amount & repayment tenure
4. Complete your KYC and verify your income
5. Get the money transferred directly to your Bank A/c in a few hours!
CrazyBee is a facilitator of the loan products and not an actual lender. All loans on the CrazyBee app are disbursed by lenders who are duly registered NBFCs & financial institutions authorized by RBI to lend personal loans.
Fees & Charges
Interest rates range from 0%-29.95% with equivalent monthly interest rate of 0%-2.49% only.
A small processing fee is charged for loans:
0 - 3% charged for low risk customers
2.5% - 7% charged for high risk customers*
The APR for different personal loan products:
low risk customers is 0%-36%
medium risk customers is 18%-39%
high risk customers is 24%-42%
Very high-risk customers are 24%-70%
CrazyBee charges a one-time service fee while onboarding or during upgrade which is ₹20-₹3500 depending on the risk profile.
*The charges and repayment tenures vary based on creditworthiness and repayment ability of the customers. Penalty is charged only when someone delays their scheduled payment.
Queries?
Mail: Customercare@crazybeeloan.com
Address: 26 & 27, Ground Floor，World Trade Centre,Barakhamba Lane,New Delhi. – 110001
