PaySense Personal Loan

Apply for Personal Loan by PaySense Partners at Bajaj Markets

Avail Instant Personal Loans ✓ Loan up to 25 Lakhs ✓ Quick Disbursal ✓ Minimum Documentation!

PaySense platform serves as a one-stop digital marketplace to satisfy all your financial needs. PaySense has partnered with renowned NBFCs like PayU Finance India Private Limited to make the whole process of availing a loan very easy and convenient. With a Personal Loan of up to ₹10 Lakhs, you can bring all your dreams to life. So, look no further, apply for a Personal Loan only on Bajaj Markets. 

Features & Benefits of Personal Loan from PaySense Partners

  • Loan Offerings: You can apply for a Personal Loan of up to ₹10 Lakhs on Bajaj Markets, and also get an instant approval.

  • Attractive Interest Rates: The interest rate on the Personal Loan provided by PaySense partners ranges between 1.33% - 2.17% per month. This attractive interest rate ensures that you fulfil your requirement without taking any additional burdens.

  • Easy Documentation Process: You need to submit a minimal set of documents to validate your eligibility for the loan.

  • No Collateral Required: You don’t have to submit any collateral to avail the loan as it’s unsecured in nature.

  • Rapid Disbursal: Once all your application is completely checked and verified, you can get your Personal Loan in just 48 hours.

Interest Rates & Charges of PaySense Personal Loan

Take a look at the interest rates and charges of Personal Loan from PaySense Partners.

Interest Rate

1.33% p.m. to 2.17% p.m.

Processing Fee

2% - 2.5% of the loan amount + GST or ₹500 + GST (depends on whichever is higher).*

Loan Tenure

3 months - 5 years

Foreclosure Charges

4% of outstanding loan amount + GST

(Foreclosure is allowed only after 6 EMI Payments).

The charges are subject to policy changes of PaySense Partners from time to time.

Comparison of PaySense Personal Loan with Other Lenders

NBFCs/Banks

Interest Rates (p.a.)

SBI

10.65%-15.15%

HDFC Bank

11.00% onwards

Axis Bank

10.49% onwards

ICICI Bank

10.75% onwards

IndusInd Bank

10.49% onwards

Kotak Mahindra Bank

10.99% onwards

IDFC First Bank

10.49% onwards

Tata Capital

10.99% onwards

Bajaj Finserv

11.00% onwards

PaySense Personal Loan Eligibility

  • You must be a citizen of India.

  • Your age  must be between 21 and 60 years.

  • Your minimum net monthly income must be ₹20,001 if he resides in a metropolitan city and ₹18,001 if he resides in any other city.

  • You should have a credit score of over 700.

Documents Required for PaySense Personal Loan

  • Address Proof: Passport, Voter ID, Aadhaar Card or Driver’s License.

  • Identity Proof: Selfie and PAN Card.

  • Income Proof: Bank e-statements of the last 3 months.

Types of PaySense Personal Loans

  • Personal Loan For Salaried Employees: This is an unsecured loan for salaried people to satisfy their financial demands for a home improvement, wedding, family functions, medical crises and so on.

  • Instant Personal Loan: It is an instant personal loan plan created to assist salaried professionals and self-employed company owners fulfil their financial responsibilities.

  • Personal Loan for Wedding: This is an unsecured loan used to cover wedding-related expenditures.

  • Personal Loan for Self-Employed: A collateral-free loan for self-employed persons to fund business expansion and working capital needs.

  • Personal Loan for Medical Crises: A personal loan for medical emergencies is an unsecured loan used to pay medical emergencies.

  • Personal Loan for Travel And Holidays: This is a loan created to meet the financial demands associated with tour/travel expenditures.

  • Personal Loan for House Improvement: This is a no-collateral loan used to finance home remodelling or repair.

How to Apply for PaySense Personal Loan

  • Online Form Filling: Enter your personal and employment details.

  • Select Your Lending Partner: From the list of personal loan partners, select PaySense to proceed.

  • Specify Personal Loan Details: Select the Personal Loan amount and repayment tenure as per your choice.

  • Approval & Disbursal: Get an instant approval on the loan and money in 48 hours post verification.

Uses of Personal Loan by PaySense Partners

Personal Loan on Bajaj Markets is specifically designed in order to help the customer fulfil his varied personal requirements. Based on the requirement, there are various types of Personal Loans which you can avail on Bajaj Markets. Here’s the following:

 

  • Wedding Loan: From choosing an exquisite location, to deciding the best wedding outfit and delicacies, Wedding Loan from PaySense partners will make this most special day of your life, a worthwhile experience.

  • Travel & Holidays Loan: With a Travel & Holidays Loan, travel the world to the fullest and satiate your travel cravings. Flight tickets, hotel accommodation, shopping costs, the loan will cover all your expenses.

  • Medical Emergency Loan: The loan will help you manage all the medical costs required in times of exigencies. While you take care of your family, the loan will help you financially.

  • Home Renovation Loan: Want to give your home a complete makeover. A Home Renovation Loan will help you. Upgrade your furniture, spruce up the walls with vibrant hues, and turn your abode into a much more comfortable space.

Why Choose Bajaj Markets

  • Fast Online Processing: The Personal Loan application process is carried out digitally. You get an instant approval on your loan and money in your bank account in just 48 hours.

  • Minimal Paperwork Involved: You can get the loan with minimal documentation.

  • Transparency: Rest assured that you will be charged with absolutely no hidden charges.

  • Custom-made Loans: Get the best personal loan offers that meet your requirements, here. No need to look elsewhere!

  • Trusted Companion: Customers across India have chosen Bajaj Markets as their trusted financial partner for Personal Loan. It's your turn now!

FAQs on PaySense Personal Loan

  • ✔️How do I repay my Personal Loan facilitated by PaySense Partners, on Bajaj Markets?

    You can repay your loan through net banking, Debit Card and UPI.

  • ✔️How do I get a Personal Loan on Bajaj Markets, facilitated by PaySense Partners?

    Fill in your details, submit the required documents, and get the money in just 48 hours, subject to the approval of your loan applications.

  • ✔️How much loan amount can I avail?

    You can avail of a Personal Loan of up to ₹10 Lakhs.

  • ✔️Can I foreclose my PaySense loan?

    PaySense allows you to opt to foreclose your loan after three EMIs. Furthermore, there is a 4% foreclosure penalty imposed on the remaining principal amount at the time of foreclosure.