Apply Online for Paysense Personal Loan
Apply online for an Paysense and experience quick, hassle-free approval with minimal documentation. Paysense is designed to meet your financial needs, whether for home renovation, medical expenses, travel, or debt consolidation.
- Interest Rate 16.80% onwards
- Maximum Loan ₹ 15 Lacs
- Processing Fees 2.5%
- Maximum Loan Tenure 3 Months to 5 years
1+ Million
Happy Customers
Rs. 250+ crore
Monthly Personal Loans Disbursal
Wide Range of 60+
Partner Banks & NBFCs
Support team 500+
Team Size of Experts
Eligibility Criteria for PaySense Personal Loan
Check to see if you qualify for the loan before using the Paysense App and applying for one. Before you may apply for a Personal Loan, you must meet the PaySense Personal Loan eligibility.
A minimum age of 21 is required for the applicant.
The applicant must be under 60 years of age.
If you are employed, you must make a minimum of INR 12000 per month.
A minimum monthly revenue of INR 15000 is required if you work for yourself.
You need to be an Indian national.
You must be in possession of a live internet banking account.
Documents Required For PaySense Personal Loan
You should be aware that Paysense will need you to provide legitimate documentation as proof of your eligibility. Therefore, Paysense may require the following papers, and for speedy approval, you must digitally upload all of them to the Paysense App.
PAN Card
Selfie
Address Verification: Driver's Licence, Passport, or Aadhar
Income Proof: Last three months' worth of bank e-statements or Net Banking.
Fees and Charges Of Paysense Personal Loan
Feature of PaySense Personal Loan
The financial services startup PaySense was established in 2015, with headquarters in Mumbai. PaySense specializes in using cutting-edge data sciences to extend credit to their clients, avoiding the hassle of lengthy application procedures, wait times, and a mountain of paperwork. Their goal is to improve the simplicity, accessibility, and transparency of their clients' financial transactions.
PaySense offers fast personal loans to help customers meet a variety of demands, such as unexpected travel, home renovation, furniture purchase, medical bills, wedding arrangements, or car maintenance. They provide loan amounts ranging from ₹5,000 to ₹2 lakhs, with tenures ranging from 3 months to 2 years. PaySense offers quick approvals and disbursements.
Features of PaySense Personal Loan:
- Variable End Use: PaySense loans are multipurpose, allowing you to use them for a variety of expenses, including weddings, medical bills, home renovations, buying furniture, or servicing automobiles.
- Loan Amount: PaySense offers personal loans starting from ₹ 5,000 up to ₹ 2 lakh, giving customers flexibility in choosing the loan amount based on their needs.
- Interest Rate: Interest rates range from 1.4% to 2.3% per month, making EMIs manageable for customers.
- No Security Required: PaySense provides unsecured loans, meaning no collateral is needed to secure the loan.
- Mobile App: PaySense offers a mobile app that simplifies the loan process. Customers can complete the entire process via their smartphones.
- No Credit History Required: Customers can apply for a loan even without prior credit history or loans.
- Easy Documentation: Only a few simple documents need to be uploaded in the required format for loan approval.
- Fast Approval and Disbursal: PaySense offers swift loan approvals and quick disbursals directly into the customer's bank account.
Frequently Asked Questions (FAQ)
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Is it possible to apply for a PaySense personal loan without a pay stub?
Ans: Yes, you can submit a PaySense personal loan application without providing pay stubs. Instead, you will need to submit your bank e-statements for the last three months.
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How much can I borrow with PaySense?
Ans: The minimum loan amount with PaySense is ₹ 5,000, and the maximum is ₹ 2 lacs.
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How long does PaySense take to disburse loans?
Ans: PaySense disburses the loan within two hours once the KYC is completed, and the required documents are digitally uploaded.
1+ Million
Happy Customers
Rs. 250+ crore
Monthly Personal Loans Disbursal
Wide Range of 60+
Partner Banks & NBFCs
Support team 500+
Team Size of Experts
Paysense Personal Loan EMI Calculator
Amount
Tenure
% Interest
Principal
Interest
Total Payable
