PaySense: Personal Loan App

PaySense Services India Private Limited

About this app

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 Flexi EMI options, zero collaterals, & affordable interest rates, PaySense instant personal loan app offers personal loans from ₹5,000 to ₹5,00,000 with an Interest rate between 14% 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: 27.81%
Equivalent Monthly Interest Rate: 2%
Processing Fee: ₹3,000*
Interest: ₹26,891
EMI: ₹5,287
Total repayment amount: ₹1,26,888

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.

● 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: [e-mail]
Twitter: @gopaysense
Office Address: Jaivilla Dev Shakti, 49 Tilak Road,Navyug Colony,Santacruz West,Mumbai, 400054

Ratings and reviews

Don't go this app for loan very worst, taking photos from your gallery without your knowledge. Am paying due in paysen app without in delay but they calling unnecessary and force to activate the auto debit option. I paying dues in advance but sometime not accepting. App not working in login properly, always asking new registration.

Pathetic service ever.. I was told that I am eligible for loans and after providing all the documents they never called me to inform about the status of the loan application. Even if it's rejected they are supposed to call and update the reason but they never did, I tried all my ways to reach out but all numbers are always busy... It's fraud just to collect your documents and informations.. Be aware.

I am a user of many non banking financial apps, but found Paysense to be worst of it all. Starting with the inflexible due date and the higher processing fees for loans with harldy any promos. Moreover the forecloser charge is TERRIBLE.... I can assure that paysense is only for the first time innocent users like I was when I took the loan. No experience learnt person would do anything with this company. I cant wait to have my loans paid off so I can uninstall and move on.

What's new

We regularly update our app to provide you an awesome loan lending experience. To make sure you don't miss a thing, just keep your updates turned on.