Who can Avail a loan from Paisa Lending?

To avail a loan one needs to be:


  • - An Individual Indian Resident

  • - At least 18 years old

  • - Have a valid Govt. issued ID proof (PAN card, Aadhar card, Passport)

  • - Have a valid Indian bank account

  • - Salaried or Self-employed

P2PHow it works

Registration – Create a Loan Account

To apply for a personal loan, the first step is to create a loan account...

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Submit
Application

Choose the loan purpose, loan amount, and the loan tenure. Loan Purpose You..

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Risk
Assessment

Paisa Lending’s in-house underwriting team will evaluate the loan application ...

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Loan Approval
and Listing

Approved loans get listed in the marketplace for funding by Paisa Lending investors.

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Loan
Funding

Paisa Lending Investors can fund as little as Rs. 5000 for one loan application and...

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Loan Agreement and Verifications

Paisa Lending conducts physical verification to avoid fraudulent and dubious practices.

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Loan
Disbursal

Loan amount is disbursed from an escrow account to your bank account within 2 working days.

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Loan
Repayment

You need to repay the loan through monthly EMIs as per the repayment schedule.

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Types of P2P Loans

Debt Consolidation Loan

With debt consolidation, you get the chance to clear all your past dues in a single go with a feasible interest rate for you.

Vacation
Loan

Travel the world, be it solo or with friends or family with easy loans from Paisa Lending at lower interest rates than your nearest bank.

Pay-off Credit Card Bills

Pay-off your existing high interest credit card dues through a comparatively cheaper short term personal loan from Paisa Lending.

Medical Bill/Emergency

Do not let the costs of medical emergencies add to your list of worries. Let Paisa Lending help you in your time of need with instant loan availability...

Auto
Loan

Purchase that dream vehicle you always wanted to be part of your life without worrying about the financial hassles. Pick Paisa Lending and...

Small Business Loans

Small businesses sometimes need loans to meet their daily operation needs until their earnings are sufficient to cover their working capital needs.

Home Improvement Loan

Home renovation might require substantial capital investment. So why not pick Paisa Lending for your requirements with...

Life Event
Loans

Life events such as weddings can be fairly expensive. From paying for a venue and its decorations, to financing the catering,...

 

Fee

There is no fee for registration and Rs.500 is charged in case of assisted registration.
We charge a one-time loan processing fee of up to (1%) of the Total Loan Amount or Rs. 1500 (whichever is higher) and applicable taxes at the time of disbursal.
This fee is debited straight from the total loan amount or collected in cash/cheques.
*Government Taxes as applicable and all Rates & Fees are subject to changes.

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