Qredit review

Updated September 28, 2026 · BorrowCue Editorial Team · Facts checked September 26, 2026

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Our verdict

Qredit suits Indian salaried and self-employed borrowers who want a soft prequalification check and an origination fee of 0 INR on personal or debt consolidation borrowing. Loans run INR 50,000 to INR 6,000,000 at 9.99% to 24% across terms of 6 to 60, and same day funding reaches some applicants rather than all.

Key facts

Best for
Indian borrowers with a fair credit record who want a soft check and an origination fee of 0 INR.
APR
9.99% to 24% (Source, checked September 26, 2026)
Loan amount
₹50,000 to ₹6,000,000 (Source, checked September 26, 2026)
Term
6 to 60 months (Source, checked September 26, 2026)
Arrangement fee
0 INR (Source, checked September 26, 2026)
Credit check
Soft prequal (Source, checked September 26, 2026)
Funding time
Same day for some salaried borrowers with digital KYC, a few working days otherwise (Source, checked September 26, 2026)
Representative example
₹3,00,000 over 36 months at 14% a year, EMI ₹10,253, total repaid ₹3,69,118 (Source, checked September 26, 2026)
Lender type
Broker (Source, checked September 26, 2026)
Eligibility
Salaried and self-employed borrowers in India; PAN, Aadhaar, 3 months salary slips and 6 months bank statements (Source, checked September 26, 2026)
Loan types
Personal, Debt-consolidation (Source, checked September 26, 2026)
Credit needed
Fair (Source, checked September 26, 2026)
Use cases
Home-improvement (Source, checked September 26, 2026)
Legal entity
Finsamudra Private Limited (Source, checked September 26, 2026)
Headquarters
India (Source, checked September 26, 2026)
Support channels
Email, Help-centre (Source, checked September 26, 2026)
Features
Same-day funding
Official website
qredit.in

Apps and profiles

Elsewhere
LinkedIn

Pros and cons

Pros

  • Interest of 9.99% to 24% on amounts of INR 50,000 to INR 6,000,000, within a term of 6 to 60
  • Origination fee of 0 INR
  • Applications use a soft prequal credit check, so a fair credit record is the level aimed at
  • Personal and debt consolidation lending, and home improvement is a listed use

Cons

  • Support runs on email and help centre only, with no phone line listed
  • APR of 9.99% to 24% starts well above the site median of 12%
  • Funding is same day only for some salaried applicants, and takes a few working days otherwise
Qredit

Ready to try Qredit?

Scored 8.6 / 10 by BorrowCue.

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Who it suits

  • Borrowers earning in India, on a salary or from their own business, who can show identity papers and recent income records
  • Borrowers consolidating existing debt into a single repayment
  • Applicants comfortable dealing through a broker, since the business works as broker

Who should look elsewhere

  • Applicants who need phone support, as contact is limited to email and help centre
  • Anyone seeking the cheapest borrowing on the site, given interest of 9.99% to 24% against a site median of 12%
  • Applicants without identity documents, recent payslips or bank statements

Who runs it

Qredit does not lend its own money. It works as a broker, so an application goes to lenders and whichever one agrees sets the deal. The company behind the service is Finsamudra Private Limited, based in India. Questions reach the team through email and help centre, which points to written replies and published articles rather than a spoken line. Lending covers personal and debt consolidation purposes, with home improvement listed as a use.

How Qredit compares

Where Qredit is available

Available
India

Countries from the brand (Source, checked September 26, 2026)

Frequently asked questions

What interest does Qredit charge?+

Interest runs 9.99% to 24% and it covers both personal loans and debt consolidation lending. The site median across lenders sits at 12%, so Qredit sits towards the dearer end of the range. The rate offered will depend on the borrower's own credit profile.

How much can I borrow and for how long?+

Borrowing spans INR 50,000 to INR 6,000,000, and terms run 6 to 60. Loans are offered for personal needs, debt consolidation and home improvement. On loan amount Qredit sits at 420 out of 685 brands compared here. The representative example shows a fixed monthly instalment.

Are there any fees to arrange the loan?+

The origination fee is 0 INR, so nothing is charged for setting the loan up. Interest still applies at 9.99% to 24%, and the representative example sets out the instalment and the total repaid on a sample loan. Borrowing more over a longer term means more interest in total.

Will applying hurt my credit score?+

Applications use a soft prequal check, so a full hard search is not applied at the start. The level of credit record asked for is fair, which is the bar the service sets. A lender may still run a full check before it releases money.

How quickly would I get the money?+

Speed depends on the applicant. A quick payout applies only to some salaried applicants who finish identity checks digitally; the alternative route takes a few working days. same day funding is listed, so a fast transfer is a possibility here rather than the norm.

Who am I dealing with and who funds the loan?+

The service runs as a broker, with applications matched to lenders, and the company behind it is Finsamudra Private Limited in India. Because a broker sits between the borrower and the funder, the protection for the money depends on which lender releases the cash, so check that lender directly.

Who can apply?+

Applying means showing paper evidence of identity and income. The service takes salaried and self-employed applicants in India, and asks for identity documents, recent payslips and a run of bank statements. Proof of income is the main requirement either way.

How do I get help with an application?+

Support runs on email and help centre, so questions go out by email or into the help centre. There is no phone line listed, which suits people who prefer to keep the record in writing. Routine answers sit in the help centre articles.

Sources

  • finsa.app/personal-loan checked September 26, 2026

    Backs: Loan amount, APR, Credit check, Credit needed, Eligibility, Features, Funding time, Headquarters, Legal entity, Lender type, Loan types, Arrangement fee, Representative example, Support channels, Term, Use cases

    “From ₹50,000 to ₹60,00,000.”

Compiled from 1 source page, checked September 26, 2026. We did not open an account.

Qredit

Qredit

Indian borrowers with a fair credit record who want a soft check and an origination fee of 0 INR.

8.6/10See alternatives

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