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/

Quick Loans

A loan for every need

Get Quick Personal Loans up to ₹5 Lakhs

100% Safe & Secure
100% Safe & Secure
Instant Process
Instant Process
Get Quick Personal Loans up to ₹5 Lakhs
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. It’s absolutely wonderful. Looking forward to have a long term association with you guys.
The only thing constant in life is change. While you might be living a financially secure life now with a stable income and decent savings, unexpected surprises often catch you off guard. While the surprises are not always bad, many of them can leave you stranded emotionally and financially. While the emotional blow will only heal with time, financial hardship is something that often requires instant solutions.From medical emergencies, job loss, car or bike accidents, there are several events in life where you can need more funds than you might have in your savings account. While we often rely on our family and friends for such urgent needs, most of us know very well how financial matters can spoil relationships. A more convenient alternative is taking an instant loan from PaySense.We offer quick loans of up to ₹5 lakhs with instant approval and disbursal to make sure that you are able to meet all your financial emergencies effectively. With flexible repayment plans, minimum documentation, and basic eligibility requirements, an instant loan from PaySense is an easy and hassle-free solution for times when you need quick access to financial assistance.Apart from emergencies, even expenses such as home renovation or repairs, family vacation, or even buying the latest mobile can be efficiently managed with our instant loans. The loans are available at highly competitive interest rates for a duration of up to 2 years. This ensures that you have adequate time to repay the loan while also managing your other monthly expenses.Apart from our online portal, you can also use our mobile app for Android to apply for an instant loan. This on-the-go facility ensures that you can easily apply for a loan anywhere and anytime. With approvals within 2 hours and disbursal within 5 working days, PaySense is your reliable companion at times of need. Moreover, we are now available in more than 43 cities all over the country to make sure that more and more people are able to benefit from our loan offerings.
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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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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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Can I take an instant loan from PaySense to purchase new furniture for my home?

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I am a doctor planning to open a new clinic. Can I get an instant loan?

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Is the interest rate fixed throughout the tenure?

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How to use the EMI calculator?

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Can I visit PaySense office?

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Can I get a loan higher than ₹5 lakhs from PaySense?

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Is PaySense a bank?

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My city is not under the list of your serviceable cities. Can I still get an instant loan from PaySense?

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This is the first time that I am applying for a loan. Can I get assistance for the application process?

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Is PaySense safe?

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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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Why Should You Consider Instant Loans?

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Points to Remember When Taking an Instant Loan

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

A sudden financial crisis is unavoidable. Thankfully, with digital lending platforms, you may acquire a loan in as little as a few minutes after submitting an application. PaySense is a personal loan app that offers quick loans online.

Quick personal loans are relatively recent financial phenomena that have shown to be quite beneficial to a wide range of people in order to satisfy a variety of financial demands.

Short-term loans, salary advances, lines of credit, and other types of quick personal loans are available. You may select the best option per your needs using your smartphone.

Consider availing a quick loan if you need money right now. The loan is processed quickly, as the name implies. You can acquire the money you need in a matter of days.

What Is a Quick Loan

Quick loans are short-term lending services designed to assist you with your financial troubles. These loans are usually disbursed rapidly, usually within days of receiving an application. The majority of the work is done online, and these loans normally require very minimal documentation

Following are some points showing the importance of quick loans online:

1. Availability at all times
A personal loan can be applied for from anywhere in the globe and at any time. You may apply for a loan from the comfort of your own home or workplace.

The loan apps are available on the Google Play Store. You may obtain access to the app at any moment by downloading it. You can avail a quick loan from a loan app at any time of the day.

2. User-friendliness

The application procedure is simple. The application process for a quick loan is fairly straightforward. The approval procedure is also fairly quick, with most lenders just taking a few minutes to approve.

3. Documentation is minimal

Any loan application will ask for a few essential papers. These include documentation of your identification, address, and income.

4. There will be no physical submission

When you use an online loan application, you don't need to go to a bank or branch. All of the needed paperwork may be uploaded directly from your smartphone to the loan app.

5. Short-term cash advances

Instant personal loans ranging from ₹5,000 to ₹5 lakh are available through quick loan apps. You can acquire a loan based on your needs and qualifications.

6. Quick personal loan interest rates are low

The personal loan interest rates on these quick loans are often lower than those on credit cards. PaySense offers quick loans online at personal loan interest rate APRs starting from 16%.

7. Disbursement in a timely manner

This is one of the main advantages of using a quick loan app. The cash amount is instantly put into your personal savings account after your personal loan is authorised.

8. Improved process

Quick personal loans obtained online through personal loan apps are speedier than traditional loans in terms of application and approval. The application procedure as well as the approval process takes only a few minutes. You can apply for a quick loan the same day you submit your application.

9. Amount and duration of the loan are both flexible

A loan through an online lending app might range from ₹5,000 to ₹5 lakh. You can get a loan amount of your choice based on your eligibility. The same may be said about the loan's duration.

Why Should You Opt For Quick Loan

PaySense's online application allows you to apply for quick loans. You must apply for quick loans online for the following reasons:

  • No credit check: Quick loans do not require the applicant to have a decent credit score the loans can be given without one.
  • Low approval and disbursement time: These loans are approved and disbursed within a couple of hours.
  • Unsecured credit facility: Quick personal loans are unsecured loans that do not demand security or collateral from the borrower.
  • Basic documentation: To obtain these loans, you only need to provide minimal documentation, such as evidence of identification, residence, and, most likely, proof of income. The approval and disbursement processes are hence, speedy.
  • Individuals who are self-employed are eligible to apply: In many circumstances, self-employed persons can get a quick loan.
  • New customers are eligible to apply: You can acquire the loan even if you are not a current customer of the financial institution where you apply for the quick loan.

When Should You Take Quick Loan

Before you take out a personal loan, see if there are any other options for borrowing that are less expensive. If you need to borrow money for a relatively short and well-defined period of time, you might want to consider a personal loan. Personal loans are usually available for a period ranging from three to 60 months.

For What Purposes Can Quick Loan Be Taken

Quick loans can be taken for emergency cash needs like:

  • Paying past-due home payments and utilities
  • An unexpected car repair
  • Medical bills
  • Funeral expenses

Quick personal loans can be taken for:

  • Home improvement and repairs
  • Appliance purchases
  • Moving costs
  • Wedding expenses
  • Vacation costs
  • Vehicle financing

Important Factors To Consider While Getting Quick Loan

Quick personal loans have several advantages. They do, however, have certain limits. Some crucial aspects to consider while applying for a quick loan are listed below:

  1. When looking for a quick loan, make sure you choose a lender with an excellent track record of customer service. There might be uncertified lenders in the market. Make sure you're not a victim of a con.
  2. Keep an eye out for any hidden fees that come with these loans. You should read the loan agreement carefully and inquire about the costs and expenses associated with obtaining a loan from the lending firm.
  3. Make sure the amount you borrow is within your repayment capabilities before you take out a quick loan. Late fees and other costs are much greater on these loans than on traditional loans if you default. You must avoid falling into a financial trap that is tough to get out of.

Benefits Of Quick Loan

PaySense is an online lender that offers quick loans online. Following are some of the most notable features and benefits of PaySense Quick Loan:

  1. No credit history is required: PaySense does not require you to have a high credit score to secure a loan.
  2. Loans on the spot: The quickness with which the loan amount is disbursed is one of the most prominent qualities of quick loans. When it comes to quick loans online, lenders usually require very little documentation. As a result, they are able to distribute these loans in a couple of hours. For example, PaySense authorises your loan in two hours and disburses your funds at the same time.

Features Of Quick Loan

Following are some of the features of quick loans:

  • The majority of lending companies impose processing fees for their quick personal loans. Depending on the company and the loan amount, it might be anything from 1% to 5%.
  • In exchange for a small fee, most quick loan providers offer to foreclose your outstanding loan amount.
  • Quick loans online need little paperwork and have fewer restrictions.

Why You Should Take Quick Loan From PaySense

Here are some of the benefits of taking out a quick loan from PaySense:

  1. Flexible repayment options: PaySense's flexible repayment options allow you to easily repay the money.
  2. No end-use restrictions: PaySense Quick Loan has no limits on its final use. As a result, you have complete discretion over how you spend the borrowed funds.
  3. Low personal loan interest rate: Compared to credit cards, PaySense Quick Loans have a lower personal loan interest rate.
  4. Only the bare minimum of documentation is required: You only need a few documents to apply for a quick loan online.
  5. You don't need to go to a financial institution to apply for a quick loan because you may do so online. In addition, you won't have to wait for the loan to be approved for days. On the PaySense personal loan app, the entire loan application process takes only a few minutes.
  6. You don't have to put up any collateral because PaySense Quick Loan is a no-collateral loan.

How To Apply For Quick Loan On PaySense

Most quick loans require no physical documents and may be applied online using a smartphone. PaySense offers declining debt loans with APRs ranging from 16% to 36% for sums ranging from ₹5,000 to ₹5 lakh. The loan length ranges from three to 60 months.

On the PaySense personal loan app, you can apply for a quick loan as follows:

  • Download the PaySense personal loan app.
  • Log in to the app and verify your loan eligibility.
  • Upload KYC documents like Aadhar card, bank statement, and others and your photo.
  • Sign the NACH form and the loan contract.

FAQs Section

How do I go about getting a quick loan?

You can get a quick loan using a personal loan app.

2. What is the quickest way to receive a loan?

You can acquire funds in as little as a day with a quick loan. Though a secured loan is more affordable than a quick loan, it is the best option when you require immediate funds because secured credit takes longer to process and approve. Again, a quick loan allows you to borrow the smallest amount possible, which would not be possible with a secured loan.

3. Is it possible to acquire a quick loan without submitting any documents?

No, you need to submit at least minimal documents like identity and address proof to acquire a quick loan.

4. Is it feasible to acquire a quick loan as a self-employed person?

There are some companies that offer quick loans online to self-employed people. So yes, you can acquire a quick loan as a self-employeed individual.

5. Is there any kind of collateral necessary to get a quick loan?

No, no collateral is required to get a quick loan.