PaySense

PaySense is one of India's top-ranking best instant personal loan apps, with over 100 Lakh App installs and 3 Lakh+ happy customers available in 600+ cities.

With FlexiEMI options, zero collateral & affordable interest rates, PaySense instant personal loan app in India offers personal loans from ₹5,000 to ₹5,00,000 with an Annual Percentage Rate (APR) between 16% to 36% on a reducing balance basis.

Why Choose PaySense Online Loan App for Personal Loans?

● Simple application process - takes 2 minutes to sign-up on the instant cash loan app!

● Low & Affordable interest rates - Instant Loans are available for even those with low credit scores.

● Easy, manageable, & affordable EMIs - Choose a repayment option for your quick loan from the small loan app.

● Full Transparency-Complete transparency with no hidden costs on the best loan app.

Easy & Convenient access 24/7 - Apply anytime & anywhere.

● Zero Collaterals & Paperless - Submit the required documents on the instant loan app & no office visits are required.

● Quick loan disbursement upon approval - Loans get approved within minutes on our instant loan app.

Declaration

The PaySense personal loan app is a platform that facilitates money lending by duly registered NBFCs/banks to users.The details of all registered NBFC/bank partners are mentioned below:

● PayU Finance India Private Limited("PayU Finance")

https://www.payufin.in/

● Kisetsu Saison Finance India Private Limited

https://creditsaison.in/Co-origination-Financing/

● SMFG India Credit Company Limited (Formerly Fullerton India Credit Company Limited)

https://assets.smfgindiacredit.com/sites/default/files/List_of_LSP_and_DLA_January_2023.pdf

● IDFC FIRST BANK LIMITED

https://www.idfcfirstbank.com/content/dam/idfcfirstbank/footer/adlp.pdf

Types of Loans Offered on The Instant Loan App

● Personal Loan for Marriage / Weddings

● New/Used Vehicle Loans (4- & 2-Wheeler Loan)

● Consumer Durable Loans

● Travel Loans

● Student & Education Loans

● Medical Emergency Instant Loans

● Instant Cash Loan

Representative example

Personal Loan Amount: ₹1,00,000

Tenure: 24 months

APR: 24%

Equivalent Monthly Interest Rate: 3%

Processing Fee: ₹3,000*

Interest: ₹26,891

EMI: ₹5,391

Total repayment amount: ₹1,32,297

Calculate your personal loan EMI with our personal loan EMI calculator on the online loan app.The EMI calculator provides the freedom to decide your own personal loan term & EMI amount.

Personal Loan Eligibility

● You must be a resident of India

● You must be 21-60 years of age

● You must be based in any one of the 600+ cities we serve across India

Pre-Payment & Late Payment Charges

● The personal loan tenure is anything between 3 & 60 months. EMI & interests are then calculated on the basis of tenure.

● Pre-payment of the instant loan is allowed after 6 EMI payments. The foreclosure charge is 4% +18% GST on the remaining principal amount.

● The Late Payment Charges are ₹500 +18% GST (₹590) upon failure to pay the EMI on the fixed date.

Steps to Apply for an Instant Personal Loan

● Install the PaySense instant personal loan app

● Register & check your instant personal loan eligibility

● Provide KYC documentation like ID proof (Aadhar/PAN/Voter ID),address proof (Aadhar/Utility bills/Rental Agreement), income proof (bank statement), & a photograph

● Sign the loan application & get speedy approvals on our instant loan app

● Once approved, the personal cash loan amount will be credited to your account

Security & Privacy Policy

We at PaySense take our customer’s privacy very seriously.We ensure absolute safety via standard security and privacy standards to protect its database.Our online instant personal loan app is safe and secure & we do not share customer information with third parties without consent.

Contact us

E-mail: support@gopaysense.com

Twitter: @gopaysense

Office Address: Jaivilla Dev Shakti, 49 Tilak Road,Navyug Colony,Santacruz West,Mumbai, 400054