KreditBee is the best online personal loan app that gives you money in the bank within 10 minutes. As an instant personal loan app, trusted by over 50 million users across the country, we offer a quick personal loan online with low processing fees and instant credit directly into your bank account.

The formula for calculating your KreditBee EMI is P x R x (1+R)N] / [ (1+R)N-1], where: P = Principal, or the total amount of your loan. R is the interest rate. N is the number of years it takes to repay a loan. Please keep in mind that there are two primary components to every KreditBee EMI: the principal amount and the interest amount.