OkCredit

The description of OkCredit

Site Editorial Commentary：Ok Credit - 100% Safe. Secure. Personal. Phone Backup. Free SMS to customer

OkCredit: Manage your business with ease using India's trusted digital ledger and business management app.

Made with ❤️ in India ?

OkCredit is your trusted business assistant, on a mission to help you grow your business by empowering you with technology. Join lakhs of businesses already using OkCredit to efficiently manage their finances and operations.

⭐️ Worried about ease of use? OkCredit is designed to be incredibly simple. If you're comfortable using WhatsApp, you'll find OkCredit intuitive and easy to navigate. OkCredit supports 11 Indian languages: Hindi, Marathi, Gujarati, Telugu, Tamil, Kannada, Malayalam, Punjabi, Bengali, Hinglish, and English.

⭐️ Benefits of using OkCredit:
- Grow your business by streamlining operations.
- Simplify business operations including ledger management, billing, payments, stock tracking, and more.
- Build trust with your customers and suppliers through transparent transactions.
- Save valuable time, allowing you to focus on other important aspects of your life.
- Access business loans to fuel further growth and expansion.
- Be a part of the Digital India revolution by embracing digital solutions.

Ledger (Khata): Seamlessly keep track of money owed to you by customers and money you owe to suppliers. Foster trust by automatically sharing account balances instantly after each transaction. Utilize detailed reports and statements to monitor your business's financial health.

Payments (UPI): Effortlessly collect payments from customers and make payments to suppliers using UPI, net banking, debit cards, and more. Scan any QR code to pay or display your QR code for customers to scan. Automatically reconcile ledger balances upon payment. Use UPI directly within the OkCredit app (similar to BHIM UPI, PhonePe, Paytm, GooglePay), authorized by NPCI. Send and receive payments through BHIM UPI and with over 100 banks.

note: In compliance with NPCI guidelines, SIM binding is required for authenticating UPI transactions. SMS permission is requested for this purpose.

Billing: Create professional bills (kacha bill, pakka bill, GST bill, non-GST bill) and easily share them with customers or accountants. Automatically record unpaid bills in the ledger. Collect payments for bills via UPI, net banking, etc. Select and update items from your stock inventory when creating bills.

Collections: Automate payment reminders to customers via WhatsApp or SMS. Set up bulk reminders for efficient follow-up. Never miss a due date and minimize potential losses.

Stock: Efficiently track your stock levels and manage your inventory. Automatically update stock counts when sales or purchases are made. Receive low stock alerts to prevent shortages. Utilize stock items directly when creating bills.

Loans: Access business loans to support your business growth. Get 100% paperless business loans with competitive interest rates, up to INR 1,00,000. Repay in Easy Daily Instalments (EDI) within 3-14 months. Benefit from a low processing fee of 2%.

APR Range: 18%-24%
Example: For a loan amount of ₹100,000 with a tenure of approximately 13.5 months and an interest rate of approximately 19.11% per year, the interest portion will be ₹21,500 (100,000*13.5/12*19.11%). The total repayment amount, including interest, will be ₹121,500, resulting in an EDI of ₹300. The processing fee is 2.36% (inclusive of GST), amounting to ₹2,360. Disbursed Amount = ₹100,000 - ₹2,360 = ₹97,640

Lending Partners (RBI-approved NBFC):
Fintree Finance Pvt. Ltd. (https://fintreefinance.com)
Hindon Mercantile Ltd. (https://mufinfinance.com)
Vivriti Capital Ltd. (https://www.vivriticapital.com/digitalLending.html)
Apollo Finvest (https://www.apollofinvest.com/list-of-lending-service-providers)
Transactree Technologies Pvt. Ltd. (https://www.lendbox.in/channel-partner-investor)

Data Security: Rest assured knowing your data is securely backed up in the cloud in real-time. Access your data even if you lose your mobile phone.

Privacy: Your privacy is a top priority. We do not share your data with any third parties.

Offline Usage: OkCredit works seamlessly even without an internet connection. Use OkCredit even in remote areas with limited connectivity.

24/7 Customer Support: Contact us on WhatsApp at +91-9916515152 or via email at [email protected]