How to get instant personal loan on android app
What is personal loan?
● personal loan simple mean if you have any legitimate financial need like medical emergency ,home renovation,weeding,children higher education and so on don't worried about that all dream come true just one way get personal loan instant on your android phone without salary slips fastest personal loan with instant approval.
Paysense
Though the app
●First of you download the app on your android device using goggle, play store and app store .
●Second once download the app on your device then open it ,you will have to submit documents required for loans
●Identity proof - PAN card ( permanent account number) or AADHAAR card
●Address proof - utility Bills(electric bill, water bill you can submit it) and also RENTAL AGREEMENT Or AADHAAR card
●Then you fill all the documents are required .Third step on your mobile number OTP will be sent
●Then enter your OTP number to complete your registration process
●Just choose your loan amount and also provide EMI calculators tool for using tenure
●Then choose your feasible plan as per your repayment capacity
●Once you done all these things you will have to complete the application process by uploading necessary kYc doc
●Your profile will be assessed in just 15 minutes
● based on the eligibility , you will be given maximum loan amount that you can apply on it
●Done all this criteria, verified the disbursal loan amount will take up to 2 working hours
●after that individual check status of their application
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AGE REQUIRED
An individual age required to take personal loan on android app paysense to begin 21 to 60 year of age are eligible to take loan.
PAYSENSE advantage
You can get loan instant in your own mobile any time anywhere on your comfort place just one click to be more comfort you don't visit banks in long queue of people hours to hours day to the day i provided you as simple as process
In this app pay sense you can take loan without salary slips yes it's true without salary slips as we know that if you move any bank any other sites they are always need that type of documents but we don't need
●Personal loan ranging income of an individual start form INR 5000 ( five thousand) to 5,00,000 (five lakhs)
Interst Rate per month 1.08 to 2.33
MAXIMUM LOAN AMOUNT AND MINIMUM LOAN AMOUNT
Maximum loan amount- rs 5,00,000 (five lakhs)
Minimum loan amount-rs 5,000(five thousand)
Tenure
3 to 60 month (three to sixty months)
Rate of interest-16 % to 36%
Processing fees up to 2.5% of the loan amount +GST
MINIMUM MONTHLY INCOME
Minimum monthly income of an individual to Rs 12,000( twelve thousand)for salaried persons and Rs 15,0000(fifteen thousand) for a self employed of an individuals
LATE EMI payment charges- Rs 500+GsT
FORECLOSURE- 4% of the principal charges outstanding at foreclosure
LOWEST EMI Rs 2,432 per lakh
TYPES OF PAYSENSE LOANS
●INSTANT PERSONAL LOAN
●VEHICLES LOAN
●CONSUMER LOANS
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