What Is The  PaySense Loan?

The PaySense Instant Personal loan is an instant loan obtained through the PaySense instant loan app. You can get loans up to Rs. 5 Lakhs in just 5 hours with minimal documentation. The loan tenure can be up to 60 months and the interest rate starts from 16% per annum. 

What Are The Types of PaySense Loans?

The different types of PaySense loans are:

Instant Personal Loan:

This is a quick source of personal loan for the salaried and the self-employed individuals. These instant personal loans can be used for various personal loan requirements, such as higher education, holiday expenses, home refurbishing, medical exigencies, and more. 

Vehicle Loan:

These loans can be used to buy a new car, a used car, or even a two-wheeler. 

Consumer Loan:

This loan can be used to buy consumer durables. You do not have to make a single payment towards the item or use your credit card to make these payments. Instead, you can take a loan from PaySense and convert it into EMI repayments later on. You can purchase mobile phones, laptops, cameras, or any other consumer durables with the help of PaySense instant personal loans. 

What Are The Features and Benefits of PaySense Personal Loans

  • PaySense provides instant personal loans in the range of Rs. 5000 to Rs. 5 Lakhs. 
  • The PaySense interest rate varies from 1.4% to 2.3% per month. 
  • You can make a loan repayment through affordable EMIS. 
  • The loan tenure ranges from 3 months to 5 years and is quite flexible. 
  • The processing fee is up to 2.5% of the loan amount + GST.
  • PaySense personal loan services are available in 50+ cities in India. 
  • You can foreclose your loan after 3 successful EMI payments at an additional charge of 4% of the outstanding principal.  
  • Loan approval and disbursal are quick and instant. 
  • PaySense personal loan services are available in 50+ cities in India. 
  • You can courier the documents. Just sign the documents and give them through courier. Thus, a doorstep collection of documents is available. 
  • Subsequent personal loans can be obtained in one click as only one-time documentation is necessary. No further checks are required.
Apply for Other  Short term Instant Personal loan through CreditMantri