Credit Pearl

Credit Pearl is a mobile based Personal Loan Platform. Users can apply for a Credit Loan of up to Rs 50,000 .

[Product Features]
Loan Amount: ₹5,000 ~ ₹50,000.
Loan Tenure: 91 days and with a maximum of 365 days
Annual Interest Rate (APR): 21%
Processing Fee: 1.5% ~ 5% of Loan Amount (additional 18% GST to be paid)
Processing Time: Up to 10 hours

[Example]
Example:If you borrow ₹10,000, the annual interest rate is 12%,and the borrowing period is 365 days with a processing fee of ₹50,the interest you need to pay is：₹10,000 x 12%=₹1200. Monthly payment: ₹933, monthly principal: ₹833, monthly interest: ₹100.
 
The total amount will be paid after one year : ₹11250=₹10,000+₹50+₹1200

Get safe, fair, convenient and affordable online loans on Credit Pearl – Indian’s best personal loan app.

[Advantage]
1. No credit history required
2. Paperless and digital process on your mobile
3. Efficient Application Review
4. Disburse to your connected account once approved
5. As the credit score grows, the sanctioned amount gradually increases
6. Variety of convenient repayment options

[Eligibility]
1. Indian Resident
2. 21-45 years old
3. Source of a monthly income
4. Must have an active bank accounts

[How it works?]
1. Install the Credit Pearl app from the Play Store.
2. Register an account.
3. Select the product you would like to apply for
4. Fill out the contents, then you will sign the agreement and submit the application
5. The final application result will be shown in the APP and you will be informed by SMS if approved.
7. The approved loan amount will be disbursed in the account and a SMS notification will be sent.

[The application requires SMS permission]
We don't collect or store personal SMS from user's inbox.
We only collect financial SMS sent by 6-digit senders which helps us identifying user's financial credit level, help us complete credit risk evaluating, which enable us to provide the appropriate credit analysis to enable faster connect and better service with financial facilities from the regulated financial entities and other service providers available on the platform.
While using the app, it periodically sends the financial SMS information to our affiliate server and to us.

We will encrypt your data to protect your privacy.

[Contact Us]
Customer Service Email: feedback@creditpearlloan.com
Address: 24 Chenthil Bud, Central Bazar Road, Ramdaspeth, Sitabuldi, Nagpur, India, 440010