With hundreds of instant loan apps flooding the market, two names consistently stand out: KreditBee and Fibe (formerly EarlySalary).
But which one is better — and more importantly, which one is right for you?
In this honest, side-by-side comparison, I’ll break down the pros, cons, and hidden fees of each — including my own personal experience using both.
⚔️ KreditBee vs Fibe: Quick Comparison Table
| Feature | KreditBee | Fibe (EarlySalary) |
|---|---|---|
| Loan Amount | ₹1,000 – ₹2,00,000 | ₹8,000 – ₹5,00,000 |
| Processing Fee | 0%–6% (waived via promo codes) | 2%–5% (no promo code offers) |
| Interest Rate | 1.02% – 2.49% per month | 1.00% – 2.50% per month |
| Minimum Salary | ₹10,000/month (salaried or self) | ₹15,000/month (salaried only) |
| Tenure | 3 – 24 months | 3 – 60 months |
| Reports to CIBIL? | ✅ Yes | ✅ Yes |
| Disbursal Time | Within 10–15 minutes | Same day |
🧾 Eligibility & Application Process
✅ KreditBee
- Works for both salaried and freelancers
- Faster onboarding
- Flexible for low-income users
- KYC is quick via Aadhaar, PAN, selfie
✅ Fibe
- Designed mainly for salaried professionals
- May require salary slips or offer letter
- Slightly longer process but higher limits
💰 Processing Fees & Offers – The Big Difference
Here’s where things get interesting — and personal.
I’ve personally used both apps, and while both are professional and easy to use, KreditBee stands out for one simple reason:
They often send promo codes to waive off the processing fee.
Fibe, on the other hand, rarely offers such discounts, and I ended up paying a fixed fee every time.
Over multiple loans, this makes a big difference if you’re on a tight budget.
📲 App Usability & Customer Support
- Both apps are well-designed and responsive
- KreditBee has a more intuitive process
- Fibe offers more educational content in-app
- Both have average but responsive customer support (via email)
🛑 When to Avoid Each App
| Avoid If… | KreditBee | Fibe |
|---|---|---|
| You’re under 21 | 🚫 Not eligible | ✅ May qualify (18+ salaried) |
| Need loans > ₹2L | 🚫 Try Fibe | ✅ Offers up to ₹5L |
| Hate high interest | ⚠️ Can be high short-term | ⚠️ Similar for low-credit users |
🧠 Final Verdict – Which One Wins?
Choose KreditBee if:
- You’re new to credit
- You want processing fee waivers
- You’re a student, freelancer, or self-employed
Choose Fibe if:
- You earn ₹15K+ monthly and need higher limits
- You want longer tenures (up to 5 years)
- You prefer structured repayment plans
My Pick?
For small emergency loans and credit building — KreditBee is the winner, hands down.
But if you’re salaried and want bigger loans with EMI flexibility, Fibe is a fantastic second option.