Categories: Loan app

Kredit marvel loan app review : interest rate, is it legit

Kredit marvel is another loan app in in India where you can get instant loan without collateral or paper work. You don’t need to visit any location before you will obtain this loan, with your smart phone you are good to go.

Their loan processing is very fast within one hour of submitting application your loan will be disburse. With kredit marvel loan app you can obtain up to Rs 50,000 loan at a go.

Requirements to obtain loan from kredit marvel loan app

Before you can obtain loan from this app you need to meet up with some requirement, which are

  • Have good credit score
  • Have bank account
  • Reside in India
  • Have source of income
  • Be above 18 years of age
  • Have smart phone with which to download the loan app

How to apply for kredit marvel loan app

The first step to take is to head over to play store and download the loan app

Register with your name, bvn and other details

You will be ask to bind your ATM card, do so and proceed

Once you are done with registration you will be login to your account

On your dashboard locate and click on loan

There you will see amount of loan you are eligible to obtain

Click it and wait for disbursement

How much you can obtain from kredit marvel loan app

The maximum loan amount you can obtain from this loan app is Rs 50,000 if you are applying for the first time you will not be able to get up to this but as you continue to use the app the amount of loan you can obtain will be increase.

Kredit marvel loan app interest rate and repayment period

Their interest rate is between 5% to 20% depending on the amount of loan obtain and the repayment period.

The repayment period is between 7 days to 180 days also depend on the amount of loan obtain and the repayment period. If you are applying for the first time your interest rate will be high while your repayment period will be short as you continue to use the loan app, it will improve.

Paying back your kredit marvel loan app

To payback your loan head over to your dashboard

Click on loan repayment

There you will see deferent option to pay back your loan

Click on one and make payment

Once you make payment it wil reflect on your dashboard

If it does not you should contact them.

What will happen if I default or refuse to pay back

If you default you will be punish by Increase in your loan Interest rate which might be up to 2%.

If you abscond, your name and bank details will be send to appropriate authority for blacklisting which means you will not be able to obtain loan again in India until you pay back and clear your name.

Is kredit marvel loan app legit

Yes, kredit marvel loan app is legit, they will surely give you loan but this loan app is not license by appropriate authority therefore exercise caution when taking loan from them.

Our final verdict on kredit marvel loan app

Kredit marvel loan app will give you instant loan, they have given loan to many people in India. They have good review on plays store which shows that they are doing something good. They don’t charge loan processing fee but their Interest rate is very high especially for the first timer.

When taking loan from this app I will advice you to exercise caution, only take loan that you can pay back.


Above is how to obtain loan form kredit marvel loan app, as you can see, they will surely give you loan. Do not take more than you can pay back, try to avoid embarrassment.

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