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/

Personal Loan for Salaried

We understand your need for urgent cash

Get Personal Loan for Salaried Individuals up to ₹5 Lakhs

100% Safe & Secure
100% Safe & Secure
Instant Process
Instant Process
Get quick personal loans for salaried individuals
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  
quote
It's too good an app... everyone can get a personal loan on required documents on time.. it's really helpful for everyone with salary. Loan actually came in 5 hours...And everything while sitting at home
A fixed monthly income may not be sufficient enough to handle all dreams and responsibilities, or an emergency situation. With PaySense, you can apply for a quick personal loan for salaried individuals, if you have a monthly salary of more than ₹ 15,000. Quick online approvals and minimal documentation make it easier to get personal loan for salaried individuals. Direct transfer to your bank account also gives you the liberty of using your loan amount as you wish to.
... +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
Others
+

Can I get a personal loan if I'm getting salary in cash/ cheque?

+

Can I get a personal loan without a salary slip/ payslip?

+

Can I get a personal loan without the salary ITR?

+

Can I get a personal loan on the first month’s salary?

+

Can I take a personal loan of INR 200,000 if my total gross salary is INR 16,000?

+

Can I deposit the personal loan amount in my salary account?

+

Can I get a personal loan if my salary is INR 15,000 or below INR 20,000/ 18,000?

+

I have never taken a loan before. Am I eligible for personal loans?

+

I need a higher loan amount than what I have been approved for. What do I do?

+

Whom do I contact if I have further doubts regarding personal loans?

+

What is PaySense?

+

Which banks and NBFCs have you partnered with?

+

Is taking a personal loan a good idea?

+

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

+

What can I use my personal loan for?

+

How would PaySense personal loan impact my credit score?

+

Am I eligible for a PaySense personal loan?

+

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

+

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

+

How do you decide my credit line?

+

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

+

What documents are required to get a PaySense personal loan?

+

How do I apply for a PaySense personal loan?

+

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

+

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

+

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

+

When can I get my money after loan approval?

+

Are there any hidden fees?

+

How much processing fees do you charge?

+

How much interest rate do you charge on personal loans?

+

Are there any extra charges on late payments?

+

What are loan foreclosure / pre-payment charges?

+

How can I pay back my loan?

+

What is a pre-EMI?

+

Can I reschedule my EMI date?

+

What happens if I miss my EMI on due date?

+

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?

+

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

+

What happens if I don’t pay back?

+

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

+

Is PaySense safe?

+

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

+

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?

+

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

+

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

+

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

+

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

+

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

+

When will you support iPhone and Windows phones?

+

Snapshot of the Unsecured Personal Loan Industry in India

+

Why Avail Unsecured Personal Loans for Salaried Individuals?

+

Types of Unsecured Personal Loans for Salaried Employees in India

+

Points to Remember while Availing Unsecured 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

There comes a point in life when we do go through financial duress. There may be a medical emergency, a life event like a wedding, or something fun like really long-due international holiday after a couple of years of hard work which will need a lot of financial resources. If you are not in a position to be able to fun that on your own out of your savings, then opting for apersonal loan is the next best option. Most of the times, it is us salaried people who might have to think twice before spending. Hence, you should check out personal loans for salaried. We even have personal loans for those who have a salary less than INR 15,000.

What are a Personal Loans for Salaried People?

Salaried individuals are those who have to manage their funds through their monthly fixed incomes. For some, this might become difficult in case of an unplanned expense. This could be a reason for those who are not receiving a high salary with yearly bonuses being few and far between. So, if they are staring down the barrel of a large expense that will eat into savings or utilize a large percentage of their salary, a personal loan for salaried employees come to the rescue.

Features and Benefits of Personal Loans for Salaried Employee

  • Instant loans: Get instant personal loan for salaried employees from up to ₹5 lakhs to help fulfill your needs or requirements.
  • Quick approvals and disbursals: Instant loan approvals and disbursement of loan amount to your preferred bank account.
  • Easy Collection of documents: Doorstep collection of documents. Just sign and hand over the required documents to the courier. All social distancing rules are followed.
  • Affordable EMI plans: Easily manageable monthly installment plans with multiple reminder system and auto-debit features to ensure you do not miss out on timely re-payments.
  • No credit history required: Never taken a loan previously? It’s okay – we serve those who are new to credit and lending system.

How to Apply for Personal Loans for Salaried People

Applying for a personal loan for salaried employees has never been easier. Here at Paysense, we have a three-step approach to help you reduce your financial burden.

  • Check eligibility and select a personal loan plan
  • The eligibility criteria to get a personal loan or an instant loan personal loan for salaried people are:

    • You must be a resident of India.
    • You must be between the age of 21 and 60.
    • You must be either employed with a company.
    • You must have a minimum income of INR 18,000 per month.
  • Upload KYC Documents
  • We have digitized the entire personal loan application process. If you are looking for a personal loan, then you must know that the entire process is paperless. Once you upload all required documents, you get an approval within two working hours. The documents needed to apply for a personal loan for salaried employees includes:

    • Proof of identity: Either of your PAN card or Aadhaar Card
    • Proof of Address: Either of your Aadhaar card, Rental agreement, Utility or Postpaid bills.
    • Proof of income: Bank statements of the last three months.
    • Picture: A nice clear selfie image.
  • Loan disbursement
  • Once your personal loan for salaried employee is approved and the application process is complete, your money will be credited to your bank account.