Why Apply via Paisa in Minutes?
We simplify borrowing with maximum transparency, speed, and zero collateral requirements.
Instant Disbursal
Get funds directly credited to your bank account within hours after quick verification.
RBI-Registered NBFCs
100% safe, compliant, and transparent loan options from trusted regulated lenders.
Minimal Documents
Only PAN card & basic KYC required. No cumbersome paperwork or branch visits.
256-Bit Data Encryption
Your personal data is encrypted with strict confidentiality and never sold to third parties.
3 Easy Steps to Get Your Loan
Complete your application in under 3 minutes with our fast digital process.
Enter Mobile Number
Provide your 10-digit mobile number above to initiate instant profile verification.
Select Best Loan Offer
Compare pre-approved loan options customized for your eligibility and interest rate preference.
Get Money in Account
Complete online KYC and get the approved loan amount disbursed directly to your bank account.
Rates & Charges
- Minimum loan amount - Rs 5,000 /-
- Maximum loan amount - Rs 10,00,000 /-
- Tenure - 61 Days to 180 Days (Up to 60 Months)
- Processing fee - upto 5% of loan amount
Rates & Charges
- No pre - closure charges
- No prepayment charges
- ROI (Rate of interest) starting @ 10.99% p.a.
- APR (Annual Percentage Rate) 10.99% to 36% per annum
- Bounce charges: Rs. 500/ per bounce
How is APR determined?
Annual percentage rate (APR) is determined based on your credit score, the amount you wish to borrow and your steady income. Generally, a good CIBIL score calls for a low APR while a poor CIBIL score means high APR. At Paisa in Minutes, we maintain complete transparency across all our RBI-registered lending partners.
Working of Our Rates & Fees
APR reflects the true cost of borrowing money. It includes the annual interest rate, a nominal processing fee and other miscellaneous expenses. APR is usually lower than your credit card interest rate. APR is the actual annual cost of your loan that helps you compare various loan offers from different lenders. We ensure full clarity with no hidden fees.
Monthly Payment Example
| Tenure | Loan Amount | Interest Rate | Admin Fees | APR | Amount Disbursed | EMI | Total Interest |
|---|---|---|---|---|---|---|---|
| 3 Months | Rs. 20,000 | 2% | Rs. 1,000 | 24% | Rs. 19,000 | Rs. 6,935 | Rs. 805 |
