PaySense and LazyPay, PayU’s consumer lending business, merge to build a full-stack digital lending platform in India.Learn more

Instant Cash Loan

Never worry about running out of cash ever

Get Instant Cash Loan upto Rs. 5 lakhs

100% Safe & Secure
100% Safe & Secure
Instant Process
Instant Process
Never worry about running out of cash ever
Use the EMI Calculator to check plans

Loan Amount

1,30,000Edit
₹5,000
₹1,30,000
₹5,00,000
Loan Term
EMI (per month)
Total interest
*The tenures shown here are indicative. Actual tenures may vary depending on your eligibility.
quote
Well happy with paysense app and service thanks for creating this type of app to get immediate fast loan which helps us a lot in our bad time.... hope this will remain same and will grow more with new things all the best team…
There are various situations in people’s lives when they suddenly require money to meet urgent needs. In these situations, it is pointless to go around and start the procedure of applying for a conventional loan at any bank or financial institution owing to the time constraints involved. What happens then? This is where instant cash or cash loans come into the picture.
... +more

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.
... +more
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.
... +more
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.
... +more
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.

testimonial-illustration
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
+

What is the simplest way to obtain a cash loan?

... +more
+

Is it possible to acquire a cash loan without submitting any documents?

Yes it is possible at an app like PaySense, where you get a total credit line available for your needs. You only have to register with all your income and KYC details for the first time. From the second time onwards, you can get one-click loan facilities.

... +more
+

What will be the interest rate on my cash loan?

Interest rates depend on several factors like your credit score, eligibility, loan amount, tenure, and income along with your overall repayment ability. It varies across lenders.

... +more
+

Who is able to take out a cash loan?

Anyone who is a salaried professional or self-employed individual, may apply for a cash loan.

... +more
+

How can I apply for a cash loan?

You can apply online by filling up the application forms and other basic details, checking your eligibility and uploading your income and KYC documents. Thereafter, you have to wait for the lender’s approval and the final disbursal of funds to your account.

... +more
+

What are the characteristics of a cash loan?

Cash loans are short-term loans which are unsecured, i.e. without any collateral/security and also come with slightly higher rates of interest than some other loans. They also come with fast processing, a simple and quick application procedure and minimal documentation. Approvals and disbursals also take place swiftly. These loans also come with convenient modes of repayment.

... +more
+

What are the requirements for obtaining a cash loan?

In most cases, you should have a good credit score along with proper income eligibility in proportion to your loan amount. Your KYC details should be correct along with other basic information.

... +more
+

What may a cash loan be used for?

You can use a cash loan for various purposes, right from meeting urgent working capital needs and medical emergencies to paying off fees or other bills, travel costs, higher education costs, wedding expenses, etc.

... +more
+

How good of a credit score do you need to secure a cash loan?

You should aim for a credit score between 750 to 900 for getting a cash loan quickly without any hassles.

... +more
+

What is the minimum and maximum loan amount for a cash loan application?

These amounts vary from one lender to another. At PaySense, for example, they range between Rs. 5,000 and Rs. 5 lakh.

... +more
+

How can I obtain a cash loan?

You can readily get your cash loan by applying online at an app like PaySense. You only have to fill up a few details, check your eligibility and then upload your documents. Digitally sign and complete your application and then wait for the approval (usually comes within two working hours). Once this is done, the funds will be disbursed to your account.

... +more
+

What is PaySense?

PaySense is a web-based and android app, which gives short-term instant personal loans from ₹ 5,000 to ₹ 2 Lakh, for up to 2 years. Functional in over 50 cities in India, we have enabled dreams and responsibilities of over 10 lakh users.

... +more
+

Which banks and NBFCs have you partnered with?

Currently, we have partnered with India Infoline and Fullerton to serve bothsalariedandself-employedusers. We are adding more banking partners to provide more options to our users.

... +more
+

Is taking a personal loan a good idea?

Yes. A limited salary should not limit your dreams or wishes. It should not discourage you from your responsibilities either. A personal loan is a helping hand, for the times you need that extra boost to your funds. It also helps you build and improve your Credit Score, so that you can avail higher loans later.

... +more
+

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

PaySense gives loans of up to ₹5 lakh, starting from ₹ 5000, so that you can fulfil your dreams and responsibilities without stress. You can also request here if you need a higher loan amount, and we will reach out to you as soon as we can provide you the service.

... +more
+

What can I use my personal loan for?

Once the money is transferred to your account, you can use it as you like it. A few common uses include shopping for mobiles, gadgets and appliances; travelling; medical emergencies; and to pay off credit card bills.

... +more
+

How would PaySense personal loan impact my credit score?

Just as any other loan would. If you pay your EMIs on time, a PaySense personal loan can help you build and improve your credit score. However, if you delay or default, your credit score will decrease. The only difference – we would consider your loan application even if you don’t have a credit history.

... +more
+

Am I eligible for a PaySense personal loan?

To be eligible for a PaySense personal loan, you have to meet the following criteria –

  • Resident of India
  • Current city of residence is under our serviceable areas
  • Age: 21-65 years
  • Type of employment:Salaried/Self-employed

  • Minimum Income forSalaried: ₹ 12,000 per month

  • Minimum Income forSelf-employed: ₹ 15,000 per month

  • Have an active netbanking account
... +more
+

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

Yes. We love people who have the ability to follow their own dreams and be their own boss. And whenever possible, we serve them with an instant personal loan to give them the boost they need.

... +more
+

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

Yes. Most of the banks and NBFCs require a credit score of 750+ to approve your loan. However, we understand that everybody begins somewhere. And we would love to be that ‘somewhere’ where you begin building a good credit.

... +more
+

How do you decide my credit line?

Your credit line is decided on the basis of your profile, your income, your bank statement and other details you provide to us.

... +more
+

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

Once generated, a credit line cannot be changed instantly. However, credit line changes over time depending on your credit behaviour. If you pay your EMIs and bills on time, it can be increased. The minimum time for credit line reassessment is 3 months. We recommend taking a smaller loan to boost your funds and pay it back on time to get a higher loan the next time.

... +more
+

What documents are required to get a PaySense personal loan?

To get a PaySense personal loan, the following documents are required –

  • Selfie
  • PAN Card
  • Net banking login information
... +more
+

How do I apply for a PaySense personal loan?

You can easily apply for a PaySense personal loan through following steps –

  • Download the application.
  • Check your eligibility.
  • Upload a few documents.
  • Get money in your account.
... +more
+

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

If you keep all your documents ready before you install the PaySense app, it takes 5 minutes to complete the loan application.

... +more
+

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

Once you have uploaded all required documents and completed the loan application, our team and our lending partners verify the information provided by you through multiple checks. It takes up to 2 working hours to verify and give loan approval. You can check your loan application status within the app. You also get notified through mail and SMS regarding the status of your loan application.

... +more
+

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

As mentioned, our team and our lending partners run multiple checks to verify the information provided by you. In case of incomplete or wrong information, the application can get rejected.

... +more
+

When can I get my money after loan approval?

Once approved, our team and the lending partners work extra hard to get the money in your registered and verified bank account within 5 working days.

... +more
+

Are there any hidden fees?

No. There are no hidden fees and charges involved when you take a personal loan from PaySense. All the fees and charges like interest rates, loan processing fees, late payment charges and foreclosure charges are mentioned in the loan agreement.

... +more
+

How much processing fees do you charge?

We charge a processing fees of up to 2.5% of the loan amount. The standard GST is also applicable over the processing fees.

... +more
+

How much interest rate do you charge on personal loans?

We charge an interest rate of 1.4% - 2.3% per month, making it easier for you to afford your EMIs.

... +more
+

Are there any extra charges on late payments?

Yes. For late payments on EMI, you have to pay a flat rate of ₹ 500 + GST.

... +more
+

What are loan foreclosure / pre-payment charges?

A loan foreclosure can only be requested after successful payment of first 3 EMIs. You have to pay an additional 4% charge on the principal outstanding at the time of foreclosure.

... +more
+

How can I pay back my loan?

For the users with an active NACH status, the EMIs are auto-deducted. Other users get a customised link within their PaySense account, through which they can pay their EMI.

... +more
+

What is a pre-EMI?

A pre-EMI is the interest paid on the loan amount from the time of disbursement to the date of your first EMI.

... +more
+

Can I reschedule my EMI date?

Currently, the EMI due date is set at 3rd of each month. However, we are working towards a flexible EMI date and will update you soon.

... +more
+

What happens if I miss my EMI on due date?

If you miss your EMI payment on due date, these three things happen –

  • You are sent reminders and notifications
  • Your credit score is negatively affected
  • A late payment charge is applied

If you fail to pay after reminders, a standard recovery process is initiated.

... +more
+

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?

Don’t worry. If the EMI amount has been deducted from your bank account, you can relax. The EMI payment status takes up to 3 working days to reflect in our system. However, if you feel that the payment has failed and need support, you can write to our customer support team at [email protected] with details of your registered account.

... +more
+

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

A loan foreclosure can only be requested after successful payment of first three EMIs. To initiate the foreclosure, you have to send a request to our customer support team at [email protected] with details of your registered account.

... +more
+

What happens if I don’t pay back?

If you don’t repay or delay your payments , it impacts your credit score negatively. This, in turn, impacts all your future loan applications negatively, whether through PaySense or any other provider. Also, if a user fails to pay after repeated reminders, our lending partners start the standard recovery procedures.

... +more
+

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

To request an NOC, please write to our customer support team at[email protected]with details of your registered account.

... +more
+

Is PaySense safe?

Yes, indeed! Using PaySense app to get a personal loan is absolutely safe. Any sensitive and personal information is encrypted and kept safe through SSL protocol. We do not share your information with any marketing agency of third-party associates. Over 10 lakh users trust PaySense with their personal, sensitive and financial information.

... +more
+

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

You netbanking details are required to verify your income through your bank statements. Let us assure you, it is completely safe. We do not have access to your details – we do not store any information.

... +more
+

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?

Depends. Within 2 months of checking your credit line, you can log in and continue your loan application from where you had left.

However after 2 months, the credit line might get reassessed and you would need to fill in your details again to get a new credit line and proceed from there.

... +more
+

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

Don’t worry. Your loan application progress is saved in our app. Just log in to your PaySense account and resume from where you had left. For further assistance, you can write to our customer support team at[email protected]

... +more
+

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

Make sure that the signature you upload is made using black ink on a blank sheet. In case of a failed verification or a signature mismatch, contact our customer support team at [email protected], and our team members will help you complete your loan application.

... +more
+

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

If you are unable to access your netbanking account, please get in touch with your bank and resume your loan application once you can log in to your netbanking account again. Alternatively, you can write to our customer support team at [email protected], and our team members will help you complete your loan application. However, we cannot verify your bank account ownership without netbanking access and hence, we will be unable to provide instant disbursal of your loan amount.

... +more
+

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

To update your contact details, contact our customer support team at [email protected] with the information you want to get updated and we will process your request at the earliest.

... +more
+

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

For any assistance, write to us at [email protected]with your registered E-mail ID, registered phone number and your query/request in detail. We insist on providing as many details in the e-mail since sensitive information related to your KYC details and money are involved.

... +more
+

When will you support iPhone and Windows phones?

We might support some of these phones and operating systems in future, but we do not have fixed launch dates for them yet.

... +more
Apply for loans of upto ₹5 lakhs easily using your phone or laptop, and pay back on low EMIs

What Is a Cash Loan?

Cash loans are basically personal loans which are unsecured, i.e. do not require any collateral or security and come with shorter tenures. The documentation and basic application procedures are fast and simplified. If a borrower is eligible and completes a quick application procedure, then the money is instantly disbursed to his or her account. They are also known as instant loans, payday loans or money loans.

Importance Of Cash Loan

The sheer importance of cash loans is something that working professionals will understand. When it comes to suddenly availing of funds to meet varied reasons from medical emergencies to tuition fees, applying at any regular financial institution only means more time and hassles before the amount is sanctioned. Cash loans come in as saviors in such scenarios with their quick and simplified processes, ensuring that people get money in hand quickly to tide over any situation.

How Does Cash Loan Work?

In most cases, people apply for cash loans online, usually through an app or an online portal. Thereafter, they go through a simple procedure where they digitally fill up the application form after checking their eligibility. They also upload documents digitally while completing all signatures digitally in many cases. Once the loan application is submitted, approvals are given within a few hours and the money is disbursed into the account of the borrower.

Why Should You Opt For Cash Loan?

It is quite obvious as to why someone should consider a cash loan in a scenario where urgent money is required. Here are some of the reasons worth considering:

  • Cash loans help in getting funds instantly when there are pressing needs to be met.
  • People do not have to go to a bank or financial institution and go through a time-consuming procedure for obtaining funds.
  • Cash loans have faster processing and approvals along with simple documentation and application procedures.
  • You only have to apply anywhere as per your convenience and get the money disbursed on the same day.

When Should You Take a Cash Loan?

You should take a cash loan when you are quite literally out of cash to tackle any sudden expenditure or event. Be it a medical emergency or paying off an urgent debt, cash loans are helpful for all types of situations. You should also apply for these loans when you do not have much time in hand to apply at a conventional financial institution and go through a detailed documentation and application procedure.

For What Purposes Can a Cash Loan Be Taken?

You can take a cash loan for diverse purposes including the following:

  • Medical emergencies.
  • Urgent debt repayment.
  • Urgent fee payments and other payments.
  • Other higher education costs.
  • Travel costs.
  • Buying or replacing appliances.
  • Urgent home repair or renovation.
  • Urgent business expenditure or meeting working capital needs.

Important Factors To Consider While Getting Cash Loan

Some important aspects that you should remember, include the following:

  • Check the rate of interest carefully before finalizing your application. Cash loans usually have higher rates of interest than many other loans, since they are unsecured and given for smaller tenures.
  • Always be clear about the amount that you actually need. Resist the temptation to apply for a higher amount just because you are eligible.
  • Be clear about your own repayment abilities and choose your EMI/repayment plan carefully with the lender.
  • Make sure that you have your income and KYC proof in hand before applying.
  • You should have a good CIBIL or credit score to get your loan approved easily without any roadblocks.

Features And Benefits Of Cash Loan

Here are some features and benefits of cash loans:

  • Instant loan sanctioning and approval within a few hours.
  • Quick application and processing mechanisms.
  • Easy uploading of documents and other formalities.
  • Fully paperless and digital procedure.
  • Anywhere and anytime applications.
  • Competitive rates of interest with flexible EMI or repayment options.

Reasons Why You Should Take Cash Loan From PaySense

PaySense is one of the best options when you are considering a cash loan. Here’s why:

  • Loans between Rs. 5,000 and Rs. 5 lakh.
  • Super-fast processing and approvals within two working hours.
  • Competitive interest rates and flexible EMI plans for repayment.
  • Easy credit line access for eligible applicants.
  • Easy eligibility checker online.
  • Simplified and minimal documentation required.
  • 100% paperless procedure with features like loan auto-debit and reminders.
  • Loans sanctioned to those without credit history as well.
  • Dedicated loan app with one-click loan processing for existing customers (who have already registered with their basic details and got approval for a total Credit Line).
  • Swift disbursal of funds into the borrower’s account after approval.

How To Apply For Cash Loan On PaySense?

You can follow these steps to apply for a cash loan at PaySense:

  • Check your eligibility online.
  • Fill up a few basic details.
  • Get the Credit Line, i.e. the total amount you can spend.
  • Out of this amount, choose your current loan amount along with your preferred EMI or repayment plan.
  • Upload your KYC and income documents conveniently.
  • Digitally sign the application and NACH forms along with completing other procedures quickly.
  • Approvals are given within two working hours.
  • The money is then disbursed to your account.