PaySense provides instant personal loans from Rs 5,000 upto Rs. 5,00,000 with an Annual Percentage Rate (APR) on loans between 16% to 36% (on a reducing balance basis).The loans are given for a duration of 3 months to 60 months.Looking to get a personal loan? PaySense is a personal loan app which offers instant personal loans upto â¹5 lakhs at attractive interest rates, zero collateral & flexible EMI.Why Choose PaySense for Instant Personal LoanPaySense lets its customers enjoy the following advantages:ðAffordable interest ratesðConvenient and affordable EMIsð2-minute loan application processðPaperless documentationðLoans available for those with low credit scores as wellðAutomated updates and EMI deductionPersonal Loan App Featuresð The standard processing fee is 2% of the loan amount. For example, a loan of â¹1 lakh for 24 months will have an APR of 24% (on a reducing balance basis) and a processing fee of 2% (â¹2,000). This loan would be paid back in 24 EMIs of â¹5,377 each with the total interest of â¹29,048It has an Equated Monthly Installment (EMI) calculator that provides the freedom of deciding your own EMI amount and loan tenure. The calculator takes into account interest, principal loan amount and tenure (duration) of your personal loan and accordingly provides the amount of money you need to pay every month and the interest payable on the loan.Main Eligibility Criteriað Salary should be more than â¹20,000 (Net monthly take home) for Mumbai & Delhi based users.ð Salary should be more than â¹18,000 (Net monthly take home) for Other Locations.Additional InformationPre-payment charges on loan closure (allowed after 3 EMI payments) is 4% +18% GST on the remaining principal amount and Late Payment Charges are â¹500 +18% GST upon failure to pay the EMI on the fixed date.ðð°PaySense has been identified amongst the Top 100 Fintech innovators in the world by a KPMG and H2 Ventures report.ðð°5 Million+ users have already installed the PaySense app for:ðPersonal Loan for Marriage Expensesð Personal Loan for New /used Car & Two-WheelerðPersonal Loan for EducationðPersonal Loan for Medical EmergenciesðPersonal Loan for Consumer durableðPersonal Loan for Credit Card BillsðPersonal Loan for Home RenovationðPersonal Loan for TravelPaySense has disbursed over 1 lakh personal loans in the last 12 months and is one of the best Indian personal loan apps in the market, offering easy & quick loans to salaried individuals.ð®ð³The company is present in 50+ cities in India, including Mumbai, Bengaluru, Kolkata, Chandigarh, Chennai, and Delhi-NCR. With quick money loans, PaySense offers the flexibility of getting an instant personal loan in just a few hoursð®ð³How to Apply for Instant Personal Loan Online?PaySense is the fastest way to get an instant personal loan online.Follow these four steps to get a loan instantly:ðInstall the PaySense online loan app.ðRegister and check your personal loan eligibility.ðProvide KYC documentation like identity proof (Aadhar/PAN/VoterID), address proof (Aadhar/Utility bills/Rental Agreement), income proof (bank statement) and a photograph (selfie).ðSign your application and get instant approval for your personal loans.Once approved, the loan amount will be credited to your account within a few days.Personal Loan EligibilityYou should fulfill the following criteria on the online personal loan app:ðA resident of IndiaðBetween 21 to 60 yearsðA salaried employee with a min monthly salary of â¹18,000*ðBased in any one of the 50+ cities we serve across pan-IndiaSecurity and PrivacyPaySense personal loan app ensures best security and privacy standards to protect its database. Our app is safe & secure to use and we do not share customer information with third parties without consent.Apply and get a personal loan instantly with the safe, secure and easy to use PaySense app!