Privo

Instant Credit Line app that you can repay and reuse anytime you need. Get up to 5 Lakhs Credit Limit starting at just 9.99% Interest Rate in just 3 simple steps with Privo.

Privo is an instant credit line app in India powered by Kisetsu Saison Finance (India) Pvt Ltd or Credit Saison India (CS India), one of the leading neo-lending conglomerates in India. Adhering to the RBI's Fair Practice Code, Privo is committed to ensuring transparency while lending loans to customers digitally.

Benefits Of Using Privo: Instant Credit Line
1.Pay Interest Only On The Amount You Use
Open a Credit Line of up to 5 Lakhs at Privo and pay interest only on the amount you withdraw.
2.Lower Interest Rate compared to credit cards: Interest rate starts as low as 9.99% per annum, while the maximum is 39.99% per annum.
3.Get An Instant Loan Amount: Borrow any sum of money (from ₹20,000) from your approved credit limit (up to 5 lakhs) for 3 months to 60 months.
4.No Hidden Fees or line set up fees: Privo doesn't charge any hidden fee for opening a Credit Line or withdrawing money.
5.EMI Repayment Options: You can select EMI options to repay the borrowed amount.
6.No Documents upload, 100% Paperless Loan: Privo provides a fully digital and paperless loan experience, and you do not need to upload any documents to get the loan, ensuring quick approvals.
7.Safe And Secure Process: Get Instant credit line with this safe app designed using advanced encrypted technologies.

In short, Privo offers the below features to its customers

1. Loans range from ₹20,000 to ₹500,000
2. Tenure: Min. 3 months | Max. 60 months
3. Interest rate: Min 9.99% pa | Max 39.99% pa
4. Processing fee - Min 1% | Max 3%*

How to Apply for a Loan with Privo?

STEP 1: Download the Privo app and set up your profile.
STEP 2: Complete the KYC process and set up auto-pay
STEP 3: Choose an amount based on your need

Below is an example of how Privo the credit line app helps you access funds easier.

Example:

1. Principal amount: ₹100,000
2. Tenure: 12 months
3. Interest rate: 14 p.a%
4. EMI: ₹8,979
5. Interest Payable: ₹8,979
6. Processing fee (@ 1% + GST): ₹1,180
7. Total cost of loan: 107,748
8. Total amount disbursed: 98,628
9. BPI (Broken period interest): 192
10. APR: 16.65%

Additional Charges

Overdue Interest Rate: 36% p.a.
Full prepayment charges: 5% of outstanding amount + taxes* Part prepayment charges: 5% of outstanding amount + taxes*
Swap charges (Cheque/NACH): ₹250/- + taxes
Dishonour charges: ₹450/-

Eligibility Criteria for opening an Instant Credit Line at Privo

Should be between 21 to 57 years of age.
Must have a monthly income of ₹18,000 or above.
A minimum CIBIL score of 700.
Must have an Android phone

Documents Required:
We do not ask for any documents to upload. All you need to do is enter the below information:
-PAN Number
-Aadhaar Number
-Selfie

Uses of Privo’s Instant Line of Credit

1. 💳 Refinancing
2. 🎊 Wedding loan for marriage expenses
3. 🛩 Travel loan
4. 🏘 Loan for Home renovation
5. 🚙 Vehicle Loan for [2 wheeler/4 wheeler loan]
6. 🙋‍♀️ Personal loan
7. 💻 Mobile phone loan/Loan for a laptop/Consumer durables loan
8. 💰 Instant cash loan
9. 🎓 Education loans
10. 👩‍⚕️ Medical Emergency Loans
11. 🧾️ Debt consolidation loan

Privo - Your Lifeline of Instant Credit
Unlock instant credit and financial flexibility. Download now and take control of your finances with one of the best credit line apps in India. Get Privo on your device today!

Contact Us

More info about Privo: https://privo.in/
Our Parent Company info: https://creditsaison.in/
Privo's privacy policy: https://www.creditsaison.in/privacy-policy
Email us at: support@creditsaison-in.com/support@privo.in
Call our customer care number: 18001038961

Address: Kisetsu Saison Finance (India) Private Limited, having CIN U65999KA2018FTC113783 and having its registered office at IndiQube Lexington Tower, First Floor, Tavarekere Main Rd, Tavarekere, S.G. Palya, Bengaluru, Karnataka 560029