You can get up to 7.5 lakhs instant personal loans through PaySense. A salaried & self-employed person can apply for a PaySense loan. The loan process is quick & digital. The interest rate starts from 1.4% to 2.3% per month.
The loan repayment tenure is 3 to 60 months. You can apply for a PaySense instant loan with a 720+ credit score.
PaySense Instant Loan Quick Recap
| Loan Amount | Up to 7.5 Lakh |
| Loan Tenure | 3 – 60 months |
| Interest rate | 1.4%- 2.3% per month |
| Income Required | Rs. 18,000 for Salaried Employees & Rs. 20,000 for Self Employed |
| Processing fee | Up to 3% of the loan amount |
| Age | 21 – 60 years |
| Cibil Score | 720+ |
| Eligible For | Salaried Person / Self Employed |
Benefits of PaySense Instant Loan
Instant Loan: PaySense provides Rs. 5,000 to 7.5 lakhs instant personal loans.
Fast Process: You will get the loan within 3 days. PaySense offers a fast loan disbursement process.
CIBIL Score: If you have a 720+ credit score, you can also apply.
Affordable Tenure: The loan repayment tenure is 3 to 60 months. The long repayment tenure offered by PaySense.
Flexible Interest Rate: The interest rate starts from 1.4% to 2.3% per month.
Paperless Documents: This is a digital loan process. Upload the required documents at the loan process time.
Also Read: Hero Fincorp Personal Loan
Eligibility Criteria for PaySense Instant Loan
- Applicant should be an Indian Citizen
- Age required 21 to 60 years
- Salaried or Self Employed persons are eligible to apply
- The minimum monthly net salary required Rs. 18,000
- Self-employed monthly income should be Rs. 20,000
Documents Required for PaySense Personal Loan
Required the following documents to apply for a PaySense personal loan:
Salaried Person
- Aadhaar Card
- Pan Card
- Recent 3 month’s salary slip
- Recent 6-month bank statement pdf
- Residential proof (Electricity bill / Gas bill / Property tax)
Self Employed
- Aadhaar Card
- Pan Card
- Recent 2 yr Income Tax File
- Recent 2 yr Trade License
- Recent MSME Certificate
- 6-month current bank statement pdf
- Residential proof (Electricity bill / Gas bill / Property tax)
Also Read: Personal Loan for Minimum Salary 13000
PaySense Loan Interest Rate, Fees & Charges
| Interest Rate | 1.4%- 2.3% per month |
| Loan Processing Fee | Up to 3% of the loan amount |
| Late Payment Charges | Rs. 500 plus GST |
| Foreclosure charges | 4% of the outstanding loan amount |
How to Apply for PaySense Loan
Step 1: Click on the “PaySense Instant Loan” button.
Step 2: Now, sign up through a mobile number.
Step 3: Fill in your KYC & other details.
Step 4: After the eligibility check, you will get the loan offer.
Step 5: Choose the loan amount
Step 6: Upload KYC documents, income proof & bank statement.
Step 7: Now start the E-NACH process to get the amount.
Step 8: The loan amount will be credited within 3 days.
Also Read: Navi Personal Loan
PaySense Personal Loan Customer Care
If you have any issues, you can contact PaySense customer care for queries. Customer care solves your queries as soon as possible.
Email ID: support@gopaysense.com
Office Address:
MUMBAI
Jaivilla Dev Shakti
49 Tilak Road, Navyug Colony,
Santacruz West, Mumbai, 400054
Maharashtra, India
FAQs on PaySense Instant Loan
Is PaySense a trusted company?
PaySense is RBI registered NBFC company. This is a fully trusted company.
I have an Rs. 14,000 salary. Am I eligible for PaySense loan?
PaySense provides a salary loan at Rs. 18,000 net salaries. But still, you can apply through 24hrloan.in. Check out the personal loan segment.
How much loan is offered by PaySense?
PaySense offers Rs. 5,000 to 5 lakhs instant loans.
What is the interest rate of PaySense?
PaySense takes a 16% to 36% interest rate per annum.
Can I apply for a PaySense loan with a zero CIBIL score?
You can apply for a loan with a zero CIBIL score.