CreditMantri

CreditMantri Finserve Private Limited

About this app

With CreditMantri, you can check your Free credit score and improve your credit health. We offer a wide range of loans & credit cards that are uniquely matched to your profile from top banks (Yes Bank Limited, IDFC First Bank, ICICI Bank etc.)

CreditMantri’s credit score is powered by Equifax - 1 of the 4 credit bureaus authorized by RBI.
CreditMantri is trusted by more than 18 million Indians🛡️ and 40+ lenders.

🏁 Things you can do

🎰 Credit Score and Analysis
- Check your credit score for FREE & get detailed analysis of your credit profile
- Subscribe to premium credit health report for personalized recommendations
- Improve your credit score with inputs from our experts

💸 Track Spends & Bills
- Plan your budget & track your spends across categories
- Quickly add any cash spent to accurately track your expenses
- Get EMI reminders & credit card bill reminders to pay on-time
- Check bank balance & ATM 🏧 withdrawal count

💰 Loans & Card offers
- Apply for exclusive loans & credit cards from lenders, get Instant approval
- Build your credit score with your first credit product

🆓 Credit score FAQs❔

What is a credit score & how is a credit score calculated?
Credit score is an indicator of a borrower's ability to make credit payments on time. Credit score is calculated based on the data provided by the banks and NBFCs to the bureau. Major factors that influence a credit score calculation are timely credit payments, current outstanding balance and new credit enquiries etc.

If I check my credit score, will it hurt my credit report?
No, requesting your credit score through CreditMantri is considered a soft inquiry on your credit report (as opposed to a hard inquiry, when a lender requests your credit score during a loan decision).

I have a low credit score. What can I do to improve my score and become loan eligible?
You might have a low credit score due to negative accounts and/or delayed payment(s) in your credit report. CreditMantri can help you identify the negative accounts and help you attain better credit health by resolving the issues.

💡 Loans FAQs

What are the kind of loans available?
CreditMantri’s Marketplace offers a wide range of products matched to the customer’s credit profile which include personal loan, home loan, auto loan, gold loan, loan against property, business loan, education loan and two-wheeler loan

What is the loan amount, tenure and interest rate I can get on different types of loans?
Loan amount, tenure and interest rate are determined by your credit profile and requirements.
1. Personal loan: From ₹1,000 to ₹30 lakhs & tenure from 90 days to 5 years & interest rate varies from 11.99% to 35% per annum
2. Home loan: From ₹3 Lakhs to ₹10 Crores & tenure from 1 to 30 years & interest rate varies from 8.35% to 15% per annum

*Who are the lenders that partnered with Creditmantri to provide Personal Loans?
CreditMantri has partnered with Leading Banks to provide Personal Loans. Below is the list of Lenders :
Yes Bank Limited
IDFC First Bank
ICICI Bank

Representative example of the total cost of the loan:
Loan amount - ₹1,00,000
Interest rate(APR) - 13% p.a
Loan tenure - 12 months
Total Interest to be paid - ₹13,000
Processing fee + GST - ₹588 (₹499+GST)
Monthly EMI repayment - ₹9,466
Total amount to be repaid - ₹1,13,588

🔐Permissions Requested:
* Camera - To take photos of proof documents to quicken loan process.
* SMS - To help you track your spends and EMI reminders from bank SMSs
* Storage - To store photos captured by you for proof documents
* Phone call/Device state – To pre-fill the mobile number

🏆Awards
Red Herring Asia Top 100 Winner, 2017
Named in the “Top 250 Fin-Tech Companies in the world” by CB Insights, 2017 and 2018
Jason J.Spindler ‘Big Data for Impact Award, 2019

Ratings and reviews

This is very stupid service. They told me within 10-15 days they could resolve the issue. Then, after taking the subscription they messaged/emailed me it takes 7-30 days. But it has been more than 75 days, the status is still showing "under processing." And it's too difficult to contact them on call. They never shared their customer care number. It's also very difficult to search and reply on their website. 😡

Worst app i must say. One of the legaly planned fraud app that is available in play store. I hv taken subscription to resolve my pending issue. i have spoken with one CC person and he said there is no extra charge, and i have paid that Charges. Then i get call from CreditMantri customer care and each time they asking to subscribe for other things which are not at all needed, example health report. They say if you subscribe for health report your credit score will improve. What a scam for money.

Waste app and company, I have never come across such fraud like app that is available in play store. I hv taken subscription to resolve my pending issue, it's been more than 15 days now and no updates. It just shows in progress. I get call from CreditMantri customer care and each time they ask to subscribe for other things which are not at all needed, example health report. They say if you subscribe for health report your credit score will improve. What a scam for money.