PaySense and LazyPay, PayU’s consumer lending business, merge to build a full-stack digital lending platform in India.Learn morehttps://corporate.payu.com/news/payu-consolidates-india-digital-credit-offering/

Instant Personal Loan

Meet all your needs with Instant Personal Loans

Get Instant Personal Loan up to ₹5 Lakhs

100% Safe & Secure
100% Safe & Secure
Instant Process
Instant Process
Limited money for your unlimited dreams and responsibilities
Use the EMI Calculator to check plans

Loan Amount

1,30,000Edit
₹5,000
₹5,00,000
Loan Term
ROI
EMI (per month)
Total interest
*The tenures shown here are indicative. Actual tenures may vary depending on your eligibility.
*The ROIs shown here are indicative
See EMI Plans  
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Great app. It does what it says and can be of very help to get personal loans online. It’s absolutely wonderful. Looking forward to have a long term association with you guys.
PaySense’s instant personal loans help you enjoy life fully, without holding back. Whether you are dreaming of an international vacation, a perfect wedding, buying the latest gadget in the market, undertaking home renovation or anything else – our personal loans can help you realize all your dreams. Instant personal loans from PaySense offer an easy and quick solution to meet all your financial needs – big or small. Whether you need funds for medical emergencies or to celebrate a family function, an instant personal loan can finance all your requirements. Personal loans offer several advantages compared to other forms of credit like borrowing from friends and family or taking loans on your credit card. Here, at PaySense, we offer instant personal loans for both salaried professionals and self-employed businessmen. Low interest rates, flexible tenures, easy EMI repayment, minimal documentation, instant processing, and quick disbursal – all of these benefits make instant personal loans from PaySense one of the most sought-after online lenders.
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Do you think a personal loan needs too much effort ?

Getting a personal loan was never this easy

Instant personal loans
Instant personal loans
Get instant personal loans from ₹5000 to ₹5 lakh to fit all your needs and dreams
Quick Approvals & Disbursals
Quick Approvals & Disbursals
Get prompt loan approval and money in your account
Paperless Documentation
Paperless Documentation
Upload pictures of you KYC documents and sign your loan application digitally
Affordable EMI plans
Affordable EMI plans
Easy to manage EMI plans with reminders and auto-debit features so that you don’t miss out on timely payments
One-click subsequent personal loans
One-click subsequent personal loans
Need another loan from PaySense? With one-time documentation, it’s just a click away. No further checks required
Zero Credit History
Zero Credit History
Never taken a personal loan previously? It’s okay - we serve the users who are new to credit and lending system.

It just takes three simple steps to get an instant personal loan online!

1
Check eligibility and select a personal loan plan
Fill in a few basic details to check your eligibility for PaySense instant personal loans and get a Credit Line. A Credit Line is the total amount of loan you can get from PaySense. Once you get your Credit Line, you can choose the loan amount. Choose the best combination of loan duration and EMIs to select your loan plan.
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2
Upload KYC Documents
To get your personal loan approval, you have to upload a few documents to complete your KYC. You are also required to sign the loan agreement and a NACH form to enable auto-deduction of EMIs. NACH stands for National Automated Clearing House is a centralised web-based payment system, regulated and supervised by Reserve Bank of India (RBI) for bulk money transactions. NACH form ensures that you don’t miss on your EMI payments and impact your credit score negatively. The best part – the entire process is paperless. Once you upload all required documents, you get an approval within 2 working hours.
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3
Get your money
Once your personal loan is approved and the application procedure is complete, your money will be directly transferred to your account quickly. It is that easy to get instant personal loan with Gopaysense.
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Check eligibility and select a personal loan planUpload KYC DocumentsGet your money

Things to Know

Now get a loan on your own terms with our flexible EMI options and take control of what & when you pay

Eligibility Criteria options

Eligibility Criteria

Documents Required options

Documents Required

Credit Score options

Credit Score

EMI Calculator options

EMI Calculator

Over 2,56,664 loans disbursed-happy customers

With a continously growing community of happy customers we are disbursing more loans every minute.

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PaySense app screenshots
Download the PaySense App
Enjoy a faster & easier loan application process with our Android App

Disbursed till date

App Downloads

Loans Disbursed

Frequently asked Questions

Now get a loan on your own terms with our flexible EMI options and take control of what & when you pay

General Questions
About PaySense
Loan Eligibility
Loan Application Process
Fees and Charges
Loan Repayment
User Security
Customer Support
Others
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Are instant personal loans taxable in India?

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Can I get an instant loan with poor credit scores?

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Can I take several personal loans at the same time?

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Can I apply for a personal loan jointly with my husband/wife?

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How will I repay the borrowed amount?

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I recently switched jobs. Am I eligible for an instant personal loan?

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Will the interest rate vary for the loan tenure?

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Can I receive the loan amount in cash?

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What happens if I fail to repay the amount I have borrowed?

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Can I take a personal loan to buy an iPhone?

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What is PaySense?

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Which banks and NBFCs have you partnered with?

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Is taking a personal loan a good idea?

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What is the maximum amount of personal loan I can get from PaySense?

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What can I use my personal loan for?

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How would PaySense personal loan impact my credit score?

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Am I eligible for a PaySense personal loan?

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I am self-employed. Will you give me a PaySense personal loan?

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I have zero credit score. Will you give me a PaySense personal loan?

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How do you decide my credit line?

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I need a loan of higher amount than you approved. Can my credit line be changed?

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What documents are required to get a PaySense personal loan?

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How do I apply for a PaySense personal loan?

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How much time would it take to complete my loan application once I have installed the app?

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How much time would it take to get the loan approval once I have completed the loan application?

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After uploading all the documents, why was my loan application rejected?

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When can I get my money after loan approval?

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Are there any hidden fees?

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How much processing fees do you charge?

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How much interest rate do you charge on personal loans?

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Are there any extra charges on late payments?

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What are loan foreclosure / pre-payment charges?

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How can I pay back my loan?

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What is a pre-EMI?

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Can I reschedule my EMI date?

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What happens if I miss my EMI on due date?

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While paying my EMI, the amount was deducted from my bank account, but it’s not showing on the PaySense app. Where did my money go?

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I want to close my loan earlier than the schedule loan tenure. What is the loan foreclosure process?

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What happens if I don’t pay back?

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My loan has been paid successfully. How do I get my No Objection Certificate (NOC)?

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Is PaySense safe?

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You ask for my internet banking details? How safe is it?

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I had checked my credit line from PaySense earlier but uninstalled the app. Now that I need a loan, do I have to start a fresh application?

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My loan application process is incomplete, but my phone got switched off. Do I have to start the application process again?

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I am getting a “Signature not verified” error after e-signing a document. What do I do?

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My netbanking access has been temporarily disabled. What do I do?

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How do I update my contact details (mail ID, phone number, address) in my PaySense account?

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How can I contact your team if I need any assistance?

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When will you support iPhone and Windows phones?

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Top 10 Reasons to Avail Instant Personal Loans

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The Changing Face of Personal Loans in India

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Types of Instant Personal Loans at PaySense

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Salient Features of Instant Personal Loans from PaySense

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Points to Keep in Mind before Availing Instant Personal Loans

Apply for loans of upto ₹5 lakhs easily using your phone or laptop, and pay back on low EMIs
Get a Personal Loan Now

Life as we know has changed. However, one thing remains constant, increasing prices and multiple needs and wants. There is no need to worry about inflation and other financial burdens as personal loans are at your disposal to help you through the rough patches and/or even help you prioritize your financial spending.

What is a Personal Loan?

Personal Loan is an unsecured financial loan. This means that you do not need to pledge any kind of collateral to have the money credited to your account for your perusal. Availing a personal loan is simple. With the advancement of technology, you can apply for a personal loan online and you can use the money as you please.

If you are looking for some funds on an urgent and short-term basis, you should look to apply for personal loans. Since personal loans are unsecured loans, the lender approves the loan basis the applicant's details such as age, income, existing liabilities, and credit score, among others.

Features and Benefits of Our Personal Loans

  • Personal Loans are versatile.
  • The personal loan interests are not very high.
  • Personal Loans do not need collateral.
  • You do not need a high credit score to acquire personal loans.
  • Monthly payments towards your personal loans stay constant.
  • Personal Loans allow you to borrow amounts that you actually need.
  • Personal Loans approvals are almost instant.
  • There are multiple of repayment terms available for personal loans.

Why Choose PaySense for Personal Loan?

There are many lenders who lend online loans. What’s best is that we provide personal loans online. Here are a few more benefits of choosing PaySense as your money lender.

  • Instant personal loans – We hand out very quick personal loans
  • Quick Approvals & Disbursals – We are here to help you at a click of a button.
  • Easy Collection of Documents – KYC and other documentation is simple.
  • Affordable EMI plans – Personal loan interest rates are very customer friendly.
  • One-click subsequent loans – Instant personal loan online
  • Zero Credit History – We do not need you to have a high credit score.

How to Apply for Personal Loan on PaySense?

Given our new process of giving out personal loans, it will actually take you just a few minutes to get yourself a person loan online. Here is the three-step personal loan application process that we follow:

  • Check personal loan eligibility and select a loan plan or personal loan offer:You have to fill in a few basic details in order to check your  personal loan eligibility  for PaySense instant personal loans. A Credit Line is the total amount of loan that you can get from PaySense. We recommend that you take a loan of only up to 50% of your approved line of credit to maintain your EMIs payments better. Once you are sanctioned with your Credit Line, you can choose the loan amount. Choose the best combination of loan duration and  EMIs to select your personal loan plan.
  • Upload KYC Documents: To get your online loan approval, you have to upload the required documents to complete your KYC. You are required to sign a loan agreement and an NACH form to enable auto-deduction of EMIs when it comes to repaying the loan amount. The National Automated Clearing House (NACH) is a centralised web-based payment system, regulated and supervised by Reserve Bank of India (RBI). The NACH form ensures that you don’t miss on your EMI payments which can impact your credit score negatively. The best part – the entire process is paperless and online. Once you upload all required documents, you will get an approval within two working hours. That is how we ensure quick personal loans.
  • Get your money: Once your online loan is approved and the application procedure is complete, your money will be directly transferred to the account that you submit during application. Hence, these are instant personal loans.

Need Personal Loans? Check out the PaySense Personal Loan App

There are various reasons you might need a personal loan. Sometimes it could just be to ensure you do not touch your long-term savings, and sometimes it could be for lifetime events. You could even get a personal loan to gift yourself a materialistic want. Do not forget, you can use the money from a personal loan however you need. Here are a few reasons people choose to opt for personal loans online:

  • Personal Loans for Weddings and Other Family Functions
  • Personal Loans to Travel the World
  • Personal Loans for Medical Emergencies
  • Persona Loans for Home Improvement and Renovations
  • Personal Loans for Consumer Durable Products