RBI-registered NBFC loan app in India for EMI Shopping and Instant Personal Loan
Kissht app provides Instant Line of credit and allows small shop owners to receive and make payments through QR code and avail instant loans ranging from ₹ 10,000/- to ₹ 1,00,000/- basis their credit profile. APR varies from 14% - 28% per annum and loan tenure from 3 to 24 months.
Example of Credit for Small Business Purchases
Loan amount (Principal): ₹ 30,000.
Tenure: 12 months.
Interest Rate: 18% per annum.
Processing Fee (incl. GST): ₹ 750 (2.5%).
Total Interest: ₹ 3,005.
EMI: ₹ 2,750.
APR: 22.91%.
Loan amount is ₹ 30,000.
Disbursed amount is ₹ 29,250.
Total loan repayment amount is ₹ 33,000.
Total Cost of the Loan = Interest Amount + Processing Fees = ₹3005 + ₹750 = ₹3755.
Kissht is India’s quickest credit app that offers instant QR based credit to small merchants to purchase their day-to-day inventory and grow their business. Small business owners can access money on credit anytime in the form of cash in their account or by scanning QR to pay any vendor.
Kissht follows a human-first approach to customer service. We care deeply about customer safety, and data protection and take adequate measures to ensure that our customers have a seamless and delightful experience, at every interaction. Our collection processes are designed to be empathetic and follow all guidelines prescribed by RBI and MeiTY
Examples of Instant line of credit, small business loans & Interest rates offered by Kissht
1. Revolving Line of Credit: Salaried customer can avail quick personal loan of ₹30,000 at interest rate of 18% with processing fee of ₹750 for tenure of 12 months. APR is 22.91%.
Loan amount (Principal): ₹30,000; Interest Rate: 18% per annum; Tenure: 12 months
Interest Payable: ₹3,005,
EMI: ₹2,750 per month, Total Repayment Amount: ₹33,000.
2. Instant line of credit to small business: Self-employed can avail a credit line of ₹1,00,000 for a period of 2 years. Over two-year period, the total fees (including processing fees and one-time initiation fee) charged is 9%. The interest rate is 18% per annum, APR for the revolving credit line is 27.54%.
How to apply for kissht credit line
1. Install Kissht app
2. Register with mobile number & accept basic permissions
3. Submit KYC documents for instant credit check
4. Sign online loan agreement from approved NBFCs. Get instant loan approval and money is transferred to your bank account
Why Choose Kissht for Line of Credit
✔ Low-interest rates and processing fees
✔ Online personal loan approval in just 5 minutes
✔ No collateral & credit card required
✔ 100% Secured app.
✔ We work only with RBI Registered NBFCs.The NBFCs are as follows:
-Si Creva Capital Services Pvt Ltd
-MAS Financial Services Ltd
-Poonawalla Fincorp Limited
We care for you!
1. We do not contact customers via any private or personal 10-digit mobile number on WhatsApp or SMS.
2. We do not contact customers for payment collection reminders from personal mobile numbers, foreign numbers or Internet Based VOIP calls. Our team always calls you from registered landline numbers.
3. We never ask customers to make payments into personal or private bank accounts. Payments are only collected on our website or the app.
4. All our calls are monitored and recorded. Our agents never use threats or abusive language.
5. We never ask for commission or cutbacks on payments of dues.
6. Our App does not seek permission to access your Contacts List or any other private data.
7. We never call your friends or relatives for repayment of your loan as we do not store your personal information.
In case you have faced any of the above-mentioned situations, do this:
1. Report and Block the number. It could be fraudulent.
2. Write to care@kissht.com OR call our customer care number on 02262820570/ 0224891492.
3. Share with us a screenshot or recording of the message or call.
Address:
10th Floor, Tower 4, Equinox Park, LBS Marg, Kurla (West), Mumbai - 400070.
MH, India
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