Personal Loan App: Apply for Online Loan- PaySense

PaySense provides instant personal loans from Rs 5,000 upto Rs.
5,00,000 with an Annual Percentage Rate (APR) on loans between 16% to 36% (on a reducing balance basis).
The loans are given for a duration of 3 months to 60 months.
Looking to get a personal loan? PaySense is a personal loan app which offers instant personal loans upto 5 lakhs at attractive interest rates, zero collateral & flexible EMI.
Why Choose PaySense for Instant Personal Loan
PaySense lets its customers enjoy the following advantages:
Affordable interest rates
Convenient and affordable EMIs
2-minute loan application process
Paperless documentation
Loans available for those with low credit scores as well
Automated updates and EMI deduction
Personal Loan App Features
The standard processing fee is 2.5% of the loan amount.
For example, a loan of 1 lakh for 24 months will have an APR of 24% (on a reducing balance basis) and a processing fee of 2.5% (2,500).
This loan would be paid back in 24 EMIs of 5,391 each with the total interest of 29,384
It has an Equated Monthly Installment (EMI) calculator that provides the freedom of deciding your own EMI amount and loan tenure.
The calculator takes into account interest, principal loan amount and tenure (duration) of your personal loan and accordingly provides the amount of money you need to pay every month and the interest payable on the loan.
Main Eligibility Criteria
Salary should be more than 20,000 (Net monthly take home) for Mumbai & Delhi based users.
Salary should be more than 18,000 (Net monthly take home) for Other Locations.
Additional Information
Pre-payment charges on loan closure (allowed after 3 EMI payments) is 4% +18% GST on the remaining principal amount and Late Payment Charges are 500 +18% GST upon failure to pay the EMI on the fixed date.
PaySense has been identified amongst the Top 100 Fintech innovators in the world by a KPMG and H2 Ventures report.
5 Million+ users have already installed the PaySense app for:
Personal Loan for Marriage Expenses
Personal Loan for New /used Car & Two-Wheeler
Personal Loan for Education
Personal Loan for Medical Emergencies
Personal Loan for Consumer durable
Personal Loan for Credit Card Bills
Personal Loan for Home Renovation
Personal Loan for Travel
PaySense has disbursed over 1 lakh personal loans in the last 12 months and is one of the best Indian personal loan apps in the market, offering easy & quick loans to salaried individuals.
The company is present in 50+ cities in India, including Mumbai, Bengaluru, Kolkata, Chandigarh, Chennai, and Delhi-NCR.
Paysense has partnership with India's leading NBFCs: Credit Saison India, Fullerton, IIFL, Northern Arc and PayUFinance.
How to Apply for Instant Personal Loan Online?
PaySense is the fastest way to get an instant personal loan online.Follow these four steps to get a loan instantly:
Install the PaySense online loan app.
Register and check your personal loan eligibility.
Provide KYC documentation like identity proof (Aadhar/PAN/VoterID), address proof (Aadhar/Utility bills/Rental Agreement), income proof (bank statement) and a photograph (selfie).
Sign application and get instant approval for your loans.
Once approved, the loan amount will be credited to your account within a few days.
Personal Loan Eligibility
You should fulfill the following criteria on the online personal loan app:
A resident of India
Between 21 to 60 years
A salaried employee with a min monthly salary of 18,000*
Based in any one of the 50+ cities we serve across pan-India
Security and Privacy
PaySense personal loan app ensures best security and privacy standards to protect its database.
Our app is safe & secure to use and we do not share customer information with third parties without consent.
Apply and get a personal loan instantly with the safe, secure and easy to use PaySense app!

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