Apply for a personal loan from Paysense partners of up to ₹5 Lakhs on Bajaj Markets. This affordable loan is available at interest rates starting from just 1.25% per month with tenures ranging up to 5 years. These collateral-free loans can help you solve any financial emergency with quick disbursals, wherein the approved amount is credited to your account within 48 hours.
The interest rates and charges applicable on personal loans facilitated by PaySense are as follows:
Interest Rate |
Starting from 1.25% per month |
Processing Fee |
2% - 2.5% of the loan amount + GST or ₹500 + GST (whichever is higher) |
Foreclosure Charges |
4% of outstanding loan amount + GST |
*Disclaimer: The mentioned interest rates and charges are subject to changes at the lender’s discretion.
Year | Principal | Interest | Balance |
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Ensure you fulfil the following eligibility criteria when applying for the loan:
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 you reside in a metropolitan city and ₹18,001 if you live in any other city
You should have a credit score of 700 or more
Now that you have understood the eligibility criteria, let us now delve into the documents required:
Address Proof: Any one of the following
Passport
Voter ID
Aadhaar card
Driving licence
Identity Proof: Selfie and PAN card
Income Proof: Bank e-statements of the last 3 months
Follow these simple steps to apply for this personal loan on Bajaj Markets:
Click on ‘Apply Now’
Enter your personal and employment details
Select ‘PaySense’ from the list of personal loan partners
Select the loan amount and repayment tenure as per your choice
Submit the application
Following this, a representative will contact you and guide you through further proceedings.
You can repay your loan through net banking, debit card and UPI.
Fill in your details, submit the required documents, and get the money in just 48 hours. This is subject to the approval of your loan application.
You can get amounts of up to ₹5 Lakhs by applying for this personal loan.
PaySense allows you to opt to foreclose your loan after you have completed the payment of three EMIs. For this, you are required to pay a minimal fee amounting to 4% of the outstanding principal amount.