Whether it’s a financial crunch or a big-ticket purchase, an instant PaySense personal loan can help you with a loan quantum that ranges up to Rs. 5 lakh at the monthly interest rate starting from 1.40%.
PaySense instant personal loan has the following beneficial features.
|Minimum Loan Quantum||Rs. 5,000|
|Maximum Loan Quantum||Rs. 5,00,000|
|Minimum Tenure||3 months|
|Maximum Tenure||60 months|
|Minimum Rate of Interest||1.40% per month|
|Maximum Rate of Interest||2.30% per month|
Apart from monthly interest, PaySense personal loan can have the following fees and charges. Except for these charges, there won’t be any hidden charges in the PaySense personal loan.
|Processing Fee on Loan Amount||Up to 2.5%|
|Late Payment Charges||Rs. 500 (GST applicable)|
|Loan Foreclosure Charges||4% on the outstanding principal|
To get the PaySense instant personal loan, one must meet the following eligibility criteria.
The applicant should enclose copies of the following documents with the application form.
The following steps can get you the PaySense personal.
Read more about: Instant cash loan in 1 hour
The EMI Calculator of PaySense
You can simply get an overview of the possible EMI obligation for your PaySense personal loan by using the EMI calculator of Roopya. Here you have to put your loan amount, tenure, interest rate, and processing fee, and the system will calculate the estimated EMI amount without any hassle. Use our EMI Calculator.
Here are the answers to some frequently asked questions regarding the PaySense instant personal loan.
To repay your PaySense personal loan you can opt for any of the modes like UPI, Debit Card, wallet, or Netbanking.
Yes, it is completely secure as PaySense transfers the required data to the lenders with the applicants’ full consent.
Yes, a salaried individual can take an instant loan ranging from Rs. 5,000 to Rs. 5,00,000 as a salary advance for 3 months to 60 months to support any financial need.
No, PaySense provides personal loans to salaried individuals with zero credit history also.
24 hours will be more than enough to process the PaySense loan as the company disburses the loan quantum within a few hours if the documentation and verification go perfect.
Yes, just like any other credit facility do it to your credit score, the PaySense personal loan also do that in the same way. But it can really improve your credit score if you remit your EMIs on time and repay the loan within the tenure without a single default or delay.