KrazyBee Credit Platform Buy Now Pay Later
KrazyBee Credit Platform Buy Now Pay Later is made and published by Finnovation Tech Solutions Pvt Ltd. AppBrain is an independent app data site and isn't affiliated with Finnovation Tech Solutions Pvt Ltd. The app name, icon, screenshots and description belong to Finnovation Tech Solutions Pvt Ltd and are shown as published on Google Play.
AppBrain's verdict
Removed- Install estimate
- 2.2 million
- Rating on Google Play
- 2.20
- 22,248 ratings
- Last updated
- April 1, 2021
KrazyBee Credit Platform Buy Now Pay Later is no longer on Google Play. It was there for 4 years, until September 2021. It was popular, with 2.2 million installs. Users were critical: 2.2 stars from 22,248 ratings.
Installs
Tracked by AppBrain- Play install range
- 1+ million
- Launched
- October 2016
Releases
Updates seen on Google Play- Version
- 2.5.5
- Launched
- October 2016
User feedback
Ratings and reviews on Google PlayGoogle Play Rating history and histogram
The year before it was removed from Google Play, up to September 2021
Comments on KrazyBee Credit Platform Buy Now Pay Later for Android
Technology
Found in the app by AppBrain- Ads
- Contains ads
- Price
- Free
- Libraries
- 29
- App size
- 18.3 MB
- Needs Android
- 4.1+
- Content rating
- Everyone
Technologies used by KrazyBee Credit Platform Buy Now Pay Later
About the app and developer
About KrazyBee Credit Platform Buy Now Pay Later
KrazyBee Credit Platform Buy Now Pay Later was a finance app developed by Finnovation Tech Solutions Pvt Ltd. It was removed from Google Play Sep 1, 2021.
Install Statistics
KrazyBee Credit Platform Buy Now Pay Later had been installed 2.2 million times before it became unavailable.
User Ratings
KrazyBee Credit Platform Buy Now Pay Later was rated 2.20 out of 5 stars, based on 22 thousand ratings.
App Information
KrazyBee Credit Platform Buy Now Pay Later was free. The app size was 18.33 MB. The last available version was 2.5.5. The last update was on April 1, 2021.
Technical Requirements
KrazyBee Credit Platform Buy Now Pay Later required Android 4.1+ or higher. The app had a content rating of Everyone. The app had been available on Google Play since October 2016.
App Performance Report
Get a detailed PDF report for KrazyBee Credit Platform Buy Now Pay Later with download trends, rating history, and key performance statistics — useful for competitive research or tracking your own app. Learn more
Get PDF Report — $29Developer information for Finnovation Tech Solutions Pvt Ltd
Store listing
By Finnovation Tech Solutions Pvt Ltd, from Google PlaySimilar apps
“E-commerce Loan upto ₹ 2 Lakh for 62 days to 15 months at 0 - 2.49% p.m.”
Description by Finnovation Tech Solutions Pvt Ltd Written by the developer, not by AppBrain. Click to read.
Interest rates: From 0% to 29.95% per annum
Tenure: 62 days to 15 months
KrazyBee is India's Largest Credit Platform that helps you to Buy Now Pay Later via a flexible monthly payment plan. With an EMI option, it is our endeavor to bridge the gap between financial constraints and dreams. The best part is that you need not have a credit card to make a purchase via KrazyBee.
KrazyBee is a platform facilitating the loan transactions between the borrowers and the NBFCs/Banks. All loan applications are approved and sanctioned by NBFCs/Banks registered with RBI and communicated upfront during Loan application.
One of our primary partner NBFCs - Krazybee Services Private Limited is a Systemically Important NBFC within the group companies carrying the KrazyBee brand.
We offer E-commerce Loans which enable you to make online purchases on e-commerce platforms. Clothing, accessories and latest electronic gadgets – they are now at the fingertips.
E-commerce Loan example:
Loan amount: Rs. 20,000
Tenure: 6 months
Interest Rate: 9% per annum
Processing Fee: Rs. 0
GST on Processing Fees: Rs. 0
Total Interest: Rs. 528
EMI: Rs. 3,421
APR: 9%
Loan amount is Rs. 20,000. Disbursed amount is Rs. 20,000. Total loan repayment amount is Rs. 20,528
Features
a. Hassle-free financing with doorstep delivery of products
b. Buy now, pay later in easy EMIs
c. Partnerships with leading brands
Benefits & Risks
1. Get access to higher amounts and tenures by repaying on time
2. As compliance requirement your payment behaviour is shared with credit rating agencies; based on your payment behaviour your credit score may increase/decrease
Eligibility
1. You must be between 18 - 25 years of age
2. You must be a resident of India and holding valid ID and Address Proofs.
3. You must have a valid PAN
How it works
a. Download the KrazyBee App
b. Upload verification documents
c. Complete a one-time video verification and sign the loan agreement online
d. Share the product from your e-commerce platform to the KrazyBee app, or select the item you want to purchase directly on the KrazyBee app
e. Make a minimal down payment once your order is approved
Amount, Tenure, Fees and Charges
Loans range from ₹1,499 to ₹50,000 with payment tenures of 3 to 12 months. Interest rates range from 0%-36% with equivalent monthly interest rate of 0%-3% only. A small processing fee is charged for the loans which ranges from 0.1%-5% of the principal. The charges and repayment tenures vary based on the risk profile of the users.
Penalty is charged only when someone delays their scheduled payment.
The APR for different products is separate as per the risk profile of the customers. The APR for loan products: low risk customers is 18%-24%, medium risk customers is 24%-38%, high risk customers is 30%-40%* and very high-risk customers is 36%-66%*.
In addition to it, GST will be applicable only on the fee components as per Indian laws.
*The higher charges are only for loans of lower amount and lower repayment tenure.
Contact Us
For any support - Call us at 08044292222 or email at care@krazybee.com
Address
16/3, Adarsh Yelavarthy Centre, opp to Frank Anthony School, Cambridge Layout, Jogupalya Bangalore Karnataka 56
Recent changes:
Bug Fixes