Nithin Kamath Not Eligible For CRED? Kunal Shah Says He'll Call Him And ‘Fix It'
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Nithin Kamath shared a screenshot of his credit score, stating that he is not good enough to become a CRED member.
In what appears to be a playful jab at Kunal Shah-backed CRED, Zerodha's Nithin Kamath shared his credit score report on social media, explaining why he is not good enough for the payments platform. Sharing a screenshot of his credit score, which stands at 747 out of 900, meaning a 'good" result, Nithin wrote, 'I did a credit check on @zerodhacapital to check out the flow, and my score is 747. So I am not good enough for CRED, Kunal Shah."
He also went on to offer his followers to check their own credit score, with the link redirecting users to Zerodha Capital's official page. Upon clicking on the link, one can find a link to check their credit rating for free.
It's worth mentioning that a user needs to have a great score of 750 and above to become a CRED member. In response to Nithin Kamath's quick check and the special mention to Kunal Shah, the CRED founder ended up offering help to fix his ratings.
I'll call you and help you fix it. Glad you're caring about scores and increasing awareness. More people need to do this 🙂— Kunal Shah (@kunalb11) June 18, 2025
'I'll call you and help you fix it. Glad you're caring about scores and increasing awareness. More people need to do this:)," Shah wrote in response to Nithin's X post.
The post received a barrage of comments, with people sharing different opinions on Nithin's take on credit scores. One said, 'I suppose this is Experian's score. CRED might be evaluated on the basis of CIBIL (Not Sure)," another added, 'Why do you need CRED when you've already earned all the street cred as a bootstrapped hero? BTW, top-tier humour!"
A user quipped, 'Jokes are better late evening, Nithin avare." On the other hand, some sounded concerned that Nithin Kamath had a lower credit score than many individuals.
The entrepreneurs' brief online interaction comes at a time when Nithin Kamath recently spoke about the latest UPI feature introduced by the Securities and Exchange Board of India (SEBI). Highlighting the growing number of fraud cases involving scammers, he emphasised that all the legitimate fund transfers will properly go to verified UPI handles. The Zerodha co-founder also assured users of implementing the same in his company to help reduce fraud incidents.
The number of fraud cases involving scammers impersonating brokers and asking for money to be transferred to random accounts has skyrocketed.To protect investors, SEBI has introduced a new UPI security feature. All legitimate fund transfers will now only go to verified UPI… pic.twitter.com/yPuHo1iySY
— Nithin Kamath (@Nithin0dha) June 16, 2025
The market regulator will be introducing a new UPI address for all entities to avoid such scams, with the latest features set to go in effect from October 1.
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