CreditSea: Personal Loan App

The CreditSea app provides instant personal loans to Indian mobile users. With a 100% online process, users can apply digitally and receive loan approvals quickly. CreditSea partners with RBI-registered NBFCs, such as Meghdoot Mercantile Private Limited and Chhotaria Securities Private Limited, to sanction and disburse loans. Users can borrow between ₹5,000 and ₹2,00,000 for a tenure of 3 to 36 months, with interest rates ranging from 14% to 36% per annum. The app offers direct and quick transfers, no collateral required, and flexible repayment options, including foreclosure and part-prepayment. To be eligible, users must be Indian citizens, at least 22 years old, and have an Aadhaar-linked mobile number.

CreditSea Personal Loan App makes credit fast, easy, and hassle-free! Apply digitally and get instant loan approvals with a 100% online process.

👉 Please note: CreditSea is a digital platform (Lending Service Provider – LSP). All loans are sanctioned and disbursed solely by our RBI-registered NBFC partners,

Our Lending Partners

1. Meghdoot Mercantile Private Limited
Website: https://meghdootmercantile.com/
RBI Registration Number: B-05.03357

2. Chhotaria Securities Private Limited
Website: https://www.chhotariasecurities.com/
RBI Registration Number: B-05.04798

What We Offer

✅ Loan Amount: ₹5,000 – ₹2,00,000 (sanctioned by RBI-registered NBFCs)
✅ Interest Rate: 14% – 36% per annum
✅ Loan Tenure: 3 – 36 months
✅ Processing Fee: Up to 5.1% of the principal amount + applicable GST
✅ Quick & Direct Transfer: Funds are disbursed directly to your bank account by our NBFC partners
✅ No Collateral Required
✅ Foreclosure & Part-Prepayment Available
✅ Maximum APR: 50%

Eligibility Criteria

✔ Indian Citizen
✔ Minimum Age: 22 years
✔ Aadhaar-linked Mobile Number

Representative Loan Example (Illustrative)

Loan Amount: ₹2,00,000
Loan Tenure: 36 Months
Interest Rate: 24% per annum (reducing balance)
Processing Fee: ₹8,260 (including applicable GST and charges)
Estimated EMI: ₹7,850 (approx.)
Total Repayment: ₹2,82,600 (approx.)
Maximum APR: Up to 50% (APR varies based on loan amount, tenure, interest rate, processing fees, and applicable charges.)

Fees & Charges (As Applied by NBFC Partner)

💳 Foreclosure Charges: 4% of Principal Outstanding + applicable GST

💰 Part-Prepayment Charges: 4% of Principal Prepaid + applicable GST

⚠ EMI Bounce Charges: 4% of Principal Overdue or ₹500 (whichever is lower)

📌 Penal Charges: Up to 36% per annum on Principal Overdue (plus applicable GST, wherever applicable)

Our Policies

Privacy Policy: https://creditsea.com/privacy-policy

Terms and Conditions: https://creditsea.com/terms-and-conditions

Privacy Policy of Meghdoot Mercantile Private Limited (NBFC): https://meghdootmercantile.com/privacy-policy

Privacy Policy of Chhotaria Securities Private Limited (NBFC): https://www.chhotariasecurities.com/assets/pdf/privacy-policy.pdf

Account Deletion: https://www.creditsea.com/account-deletion

Application Requirements

📱 Mobile Number
👤 Full Name
📇 PAN Card
🏢 Employment Type & Company Name
💵 Monthly Income
📞 Reference Contact
🏦 Disbursement Bank Account Details
🔄 eNACH / UPI e-Mandate

Why Choose CreditSea?

✔ Fast & Easy Loan Application
✔ Completely Digital Process
✔ Quick Loan Approval
✔ Instant Loan Disbursal by our NBFC partners
✔ No Hidden Charges
✔ Trusted by Lakhs of Users
✔ Partnered with RBI-Registered NBFCs

📲 Download the CreditSea Personal Loan App Now & Apply Instantly! 🚀