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Paysense Loan

Last Updated 01st Mar 2021

Lowest Interest Rate 1.40%
Processing Fee 2.50%
Loan Tenure 3 Months - 60 Months
Loan Amount ₹ 5,000 - ₹ 5,00,000
Age 21 - 60 years
  • Paysense Loan is an instant loan that can be availed through Paysense app within 24 hours. These loans are easy loan with no documents and credit history required.
Apply for Personal Loan @ 10.40%* Get upto ₹ 1,000* Cashback

Paysense App

Paysense is a mobile and web-based platform designed to provide instant personal loans with minimal documentation digitally. Driven entirely by technology, the customers can get the credit approved in minutes. Along with instant credit, the application also provides 24*7 customer care services 365 days a year to the customers and offers various products, like cash loans, salary advances, and instant loans making it a popular choice for borrowers. An easy solution to a loan for everyone, getting credit through the Paysense, has the following advantages:

  • The documents are collected doorstep.
  • You can get subsequent loans with one-click.
  • EMI's are quite affordable.
  • You don't need any credit history.

Paysense Personal Loan

  • Paysense Personal Loan Interest Rate starts from 1.40%.
  • Paysense charges a processing fee of 2.50% on personal loan.
  • Loan tenure of Personal Loan ranges from 3 Months to 60 Months.
  • Get a personal loan of ₹ 5,000 to ₹ 5,00,000 from Paysense.
  • On failure of loan repayment, the app charges a penalty of Rs. 500 + GST.

Paysense Interest Rate

Paysense interest rate starts from 1.40% on personal loan, which is decided based on the income, occupation and credit history of the customer.

Paysense App Download

  • The application can be easily installed by downloading from the play store. To download the application enter your mobile number.
  • An OTP with the downloading link will then be sent to the number.
  • Users can easily install the application by clicking on the link sent on the mobile number.

How does Paysense work?

The process of getting credit through Paysense is quick as the process is entirely online with no physical work. To get a loan through Paysense, one needs to follow the following steps:

  • Checking eligibility: You need to create an account with Paysense to get credit. Once you download the app, you will be required to give some permissions and basic information based on which the app will calculate your eligibility.
  • Filling details: After successfully checking the eligibility criterion, you will need to fill in all the necessary details to get the credit.
  • Providing bank details: You need to submit your bank accounts details for the disbursement of credit to your account.
  • Getting loan: The amount of credit will then be directly transferred to your bank accounts.

Paysense Personal Loan Documents

The disbursement of the loan is fast and requires a minimum of documents as compared to other loans. These are the documents that you need to submit for the loan.

  • Photo Identity proof: PAN Card
  • Permanent address proof: Aadhar card / Voter card / Utility bill / Driving license or Passport
  • Your selfie
  • Latest salary slips

Paysense Customer Care

Paysense has a dedicated customer care support line. If you are not satisfied with the services provided by the application, you can contact on the customer support line.

You can either raise your concern or complaint on customer service email You can also contact at the registered office address Jaivilla Dev Shakti 49 Tilak Road, Navyug Colony, Santacruz West, Mumbai, 400054 Maharashtra, India of the Paysense.


What is the interest rate of Paysense?

Paysense offers affordable and convenient personal loans to salaried employees at an attractive rate of 1.40%.

What is Eligibility Criteria of Paysense?

To apply for credit from the application, one needs to meet the minimal documents and eligibility criteria. Unlike any other loan, it does not require any credit history to avail of the loan.

  • Age of the borrower: Any Indian citizen who falls in the age bracket of 21 to 60 years can get the credit.
  • Loan Amount: It provides credit in the range of ₹ 5,000 to ₹ 5,00,000.
  • Tenure: The credit is provided for a tenure of 3 Months to 60 Months.
  • Income: To avail credit from Paysense, a citizen must have a regular income of ₹ 12,000.
  • Credit score: Getting credit from Paysense is easy as you don’t require any credit history to avail of the credit.

How do I repay my Paysense loan?

The credit taken through Paysense loan can be repaid through multiple modes like Debit card, UPI, Netbanking, and wallet.

How do I get a loan from Paysense?

The process of getting a loan through Paysense is easy, quick, and affordable. You need to follow these steps to get credit from Paysense.

  • Install the application from the play store.
  • Register yourself via mobile number.
  • Fill in necessary personal details and submit the KYC documents.
  • The application is reviewed online as soon as possible.
  • After reviewing of application, the agreement is signed online, and the loan amount is disbursed.

Which is the best instant personal loan app?

There are various personal loan applications like Cashbean, Kreditbee, Cashe, Loantap, Paysense, and Early salary, which provides instant loans at attractive prices. You can compare the rates of these applications on

Is Paysense a safe site?

The data shared by Paysense is transferred to the lenders with the consent of borrowers over a secure connection.

Does Paysense check the CIBIL score?

No. Paysense provides loans to everyone without any verification of credit history.

How can I get a salary in advance?

Paysense provides salary advances to working professionals for overcoming any financial constraint. It offers advances with a limit of ₹ 5,000 to ₹ 5,00,000 at zero credit history.

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*Terms and conditions apply. Credit at sole discretion of lender subject to credit appraisal, eligibility check, rates, charges and terms. Information displayed is indicative and from collected from public sources. Read More
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