Frequently Asked Questions
Looking for help? Here are answers to our most frequently asked questions. Reach out to support if you have additional queries.
General Questions
KadaNone is a Digital Lending Platform acting as an intermediary in the process of disbursal of short-term personal loans of small amounts, on behalf of the partnered Lender NBFCs. The entire procedure is paperless, transparent, hassle-free and quick. The amount is directly credited to your Bank Account within 15-20 minutes.
Non-Banking Finance Company (NBFC) is an RBI (Reserve Bank of India) registered Company, whose primary business is to provide financial services/assistance to its borrowers.
Yes. Non-Banking Financial Companies (NBFCs) are strictly regulated by the Reserve Bank of India (RBI).
'Partnered NBFC' refers to the Non-Banking Financial Companies (NBFCs) with which KadaNone has entered into an agreement to provide Digital Lending Services. One such NBFC is Sampati Securities Limited, which is registered with the Reserve Bank of India (RBI).
KadaNone is a Digital Lending Platform (DLP) provided by Credify Technologies Private Limited (CTPL). CTPL is a Lending Service Provider (LSP) and it is a registered company incorporated under the Companies Act, 2013.
Eligibility & Application
Any salaried person having valid documents can apply through KadaNone to avail a loan.
The following documents are required to avail a loan:
• Aadhaar Card
• PAN Card
• Salary Slip
• Bank Statement of immediately previous 3 months
KadaNone is a Digital Lending App that acts as an intermediary for disbursing loans on behalf of its partnered Lender NBFCs. The App collects data with your express consent so as to determine your creditworthiness and based on the data so collected, the App gives you the option to avail a loan of the determined amount (up to Rs. 35,000/-) after due verification of all your documents. Once you agree to the terms and conditions and digitally sign the Loan Agreement between yourself and the partnered Lender NBFC, the amount is credited to your Bank Account within seconds.
No. KadaNone provides unsecured personal loans only. Currently, we offer loans exclusively to salaried individuals.
Aadhaar Card is a unique individual specific number allotted by the Government of India. Accessing your Aadhaar Card enables KadaNone to determine your identity and authenticity, verifying your complete name, contact number, and residential address. All the information you share with KadaNone is strictly kept confidential and accessed only in the loan process. No other agency has any access to this data.
Disbursal & Repayment
The entire loan amount will be credited into your Bank Account within 15-20 minutes of approval.
No. The amount will be credited to your own validated bank account only.
KadaNone provides unsecured, short-term, personal loans of small amounts to its borrowers. You can utilize the loan amount for any personal use.
The loan amount will be credited directly to your bank account; you do not need to visit any physical place or office to collect the amount.
The loan features a repayment tenure of 90 days. You must be aged between 18 and 55, earning at least ₹20,000/month as a salaried professional, with salary credited to an active bank account and a credit score of 680+.
Costs, Fees & Defaults
The costs include the actual principal loan amount, interest charges from 0.3% to 0.6% daily based on your eligibility, and processing charges of 3.0% to 3.5% (or Rs. 350, whichever is higher).
APR is the Annual Percentage Rate that is applied on the loan availed by you. Though KadaNone charges interest on a daily basis (between 0.3% to 0.6% based on your credit profile), we disclose the APR (Annual Percentage Rate) to ensure you are fully aware of the annualized interest cost before borrowing.
If you fail to repay on or before the due date, KadaNone and its partnered NBFC can take the following measures:
1. Charge late payment charges along with penalty and interest charges.
2. Initiate regular reminders by way of calls, texts, app notifications, and emails.
3. Attempt to auto-debit the registered bank account via e-mandate (eNACH).
4. Report payment history to the Credit Bureau (CIBIL/Experian), which negatively affects your Credit Report for at least 7 years.
5. Face legal consequences for defaults continuing for more than 90 days.
Note: Recovery teams strictly adhere to the RBI Fair Practice Code and do not use unethical recovery tactics.
Data Security & Grievance
KadaNone accesses the following information only after your express consent:
• Email address
• Contact Number
• Gender
• Phone Device ID
• Installed applications list
• Camera (for selfie verification)
• Approximate location
All data shared/consented to be shared with KadaNone by each borrower is stored on secure cloud servers hosted with Oracle.
Data security and confidentiality is ensured through SQL databases with advanced encryption, data masking, audit trails, and strict firewalls. The server is password protected, and physical/logical access is restricted to authorized personnel only. The servers are based in Mumbai, India.
Your data is completely secure. KadaNone will never share your personal or financial data with any third party without your explicit permission, unless required under statutory legal guidelines or regulatory authorities.
You can call our support helpline at +91 22 45811515 between 10:00 AM to 7:00 PM, Monday to Sunday, or email us at customer.support@creditt.in.
You can register your complaint directly with our Grievance Redressal Officer Ms. Kavisha Inamdar by contacting her via call at 08097452970 or via email at grievance@creditt.in.