PaisaOne
Personal Loan

Compare personal loan offers from 50+ lenders in one place

Loans up to ₹1 Crore from RBI-registered banks and NBFCs. Check eligibility once, compare rates, EMIs and fees side by side, and apply 100% online.

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Trusted by leading
financial partners

Axis Bank
HDFC Bank
ICICI Bank
Kotak Mahindra Bank
IndusInd Bank
IDFC FIRST Bank
Yes Bank
Federal Bank
State Bank of India
Bandhan Bank
InCred
Bajaj Finserv
Tata Capital
Axis Finance
Aditya Birla Capital
Poonawalla Fincorp
Piramal Capital
SMFG India Credit
Finnable
HDFC BankICICI BankKotak Mahindra BankState Bank of IndiaIDFC FIRST BankHSBCFederal BankSouth Indian BankRBL Bank

Personal loan at a glance

No paperwork, no branch visit, no impact on your score. Two minutes end to end.

Loan amount₹5K - ₹1 Core
Interest rate9.99% - 21% p.a.
Processing fee10% - 18% +GST
Tenure02 - 60 months
DisbursalIn 10 minutes*
Rate and charges

Interest rates, fees and charges

Charges vary by lender and your profile. Every offer on PaisaOne shows these upfront, and your lender's Key Fact Statement (KFS) confirms them before you sign.

Fee typeApplicable charges
Interest rate10.49% – 24.00% p.a.
Processing fee0.50% – 3.50% of loan + GST
Annual Percentage Rate (APR)11.00% – 36.00%
Foreclosure chargesNil – 4% of outstanding
Part-prepaymentNil – 2% (as per lender policy)
Penal charges (late EMI)2% per month on overdue amount
EMI bounce charge₹450 – ₹1,000 per instance
Stamp dutyAs per state laws

Representative example

Loan amount₹1,00,000
Interest rate15% per annum
Tenure12 months
Processing fee (incl. GST)₹200
Monthly EMI₹9,026
APR15.4%
Total payable₹1,08,510
Eligibility

Who can apply?

NationalityIndian resident
Age21 - 58 years
Monthly income₹20,000+ in-hand salary
Work experience12 months+ in current job
Credit score680+ preferred
Check eligibility calculator
Documents

Keep this handy

PAN card

Mandatory identity proof

Aadhaar (for e-KYC)

Linked to your mobile number

Bank statement

Last [3–6] months, or link via Account Aggregator

Income proof

Salary slips or ITR, only if the lender asks

How it works

Money in your account in 4 steps

  1. 1

    Verify your mobile

    Enter your number and confirm with OTP.

  2. 2

    Share basic details

    PAN, employment type and monthly income.

  3. 3

    Compare & choose

    Pick the offer with the EMI and cost that suit you.

  4. 4

    Complete KYC & get funds

    Finish e-KYC and e-sign with the lender: money goes straight to your bank.

Why PaisaOne

One application. Every lender worth considering.

Compare side by side

See rate, EMI, processing fee and APR from multiple lenders on one screen, not one lender at a time.

Eligibility in minutes

Fill one short form and we match you with lenders whose criteria fit your profile.

100% digital

PAN, Aadhaar-based e-KYC and bank verification online. No branch visits, no paperwork.

No collateral

Unsecured loans. No guarantor, no security deposit, no assets pledged.

Costs shown upfront

Every offer shows the total repayable and APR, so there are no surprises after you sign.

Your data stays safe

Shared only with lenders you choose, with your consent, over encrypted connections.

EMI Calculator

Plan your EMI before you apply

₹10,000₹2,00,00,000
3 months60 months
10%36%

Your EMI calculation

Principal amount
₹3,00,000
Total interest
₹79,696

Monthly EMI

₹10,547

Total payable

₹3,79,696

Loans for every need

What will you use it for?

Medical emergency

Hospital bills, surgery, treatment

Wedding

Venue, jewellery, celebrations

Travel

Domestic and international trips

Home renovation

Repairs, interiors, upgrades

Education

Fees, courses, certifications

Debt consolidation

Merge card dues into one EMI

Gadgets & appliances

Phones, laptops, electronics

Urgent cash

Rent, bills, short-term gaps

The PaisaOne difference

PaisaOne vs applying to one lender

PaisaOneRecommended
Multiple lenders, side by side
One form for all lenders
Rate, fees, EMI and APR in one view
Shown lenders whose criteria fit you
100% online, track in one app
Single lender directly
One lender's offer
Repeat for every lender you try
Compare manually across sites
Apply and wait for one decision
Varies; may need branch visits
10 Lakh+

Customers served

₹500 Cr+

Loan facilitated

50+

Lending partners

4.6

Customers review

Customer ReviewShowing review 1 of 4

Real people. Real progress.

Thousands of salaried professionals and business owners trust PaisaOne to achieve their financial goals.

50,000+Happy Customers
4.8/5Average Rating
90%Would Recommend
Customer 1
Customer 2
Customer 3
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4.9 Star Verified Reviews
Frequently Asked

Personal loan questions, answered.

Find clear answers about personal loan eligibility, interest calculations, prepayment guidelines, and application tracking.

01What is the maximum amount of loan I can get?
The maximum loan amount depends on your monthly income. In India, some lenders offer personal loans up to ₹1 Crore depending on your employer category, credit profile, and debt-to-income ratio.
If you receive extra funds, you can pay them toward your loan before your scheduled EMIs are due. This is called prepayment. Each prepayment directly reduces your outstanding principal, lowering subsequent interest charges and shortening your tenure.
Most banks and NBFCs require a CIBIL score above 720 to approve a personal loan with favorable terms. If your score is lower, your application may be subject to stricter verification or approved at a higher interest rate.
A personal loan is an unsecured credit facility designed to meet immediate financial needs, such as medical emergencies, home renovation, wedding expenses, travel, or debt consolidation. You can compare pre-approved offers from 30+ lenders on PaisaOne and apply for the one best suited to your needs.
When you apply for a personal loan, the lender reviews your credit history, employment stability, and KYC documents. Upon approval, the sanctioned amount is disbursed directly to your bank account. You repay the principal and interest through fixed monthly EMIs over an agreed tenure.
If your application is rejected, it is typically due to a low credit score, high existing debt obligations, or not meeting the lender's income criteria. We recommend reviewing your credit report for errors, clearing overdue payments, waiting at least 90 days before reapplying, and improving your debt-to-income ratio.
Personal loans are multi-purpose unsecured facilities. You can use the funds for travel, starting or expanding a small business, purchasing consumer electronics or appliances, paying family emergencies, covering hospitalization bills, or consolidating higher-interest credit card debt.
A pre-approved personal loan allows existing banking or credit customers with a strong repayment track record to access instant funds with zero or minimal documentation, as their income and credit history have already been verified by the lender.
Prepayment charges depend on your lender's policy. Under RBI guidelines, floating-rate personal loans to individuals carry zero prepayment penalty. For fixed-rate loans, lenders may charge between 2% and 4% plus GST on the prepaid amount.
Yes, lenders have specific guidelines for early foreclosure. Most institutions allow foreclosure after a mandatory lock-in period of 6 to 12 EMI payments. A nominal foreclosure charge plus applicable GST may apply for fixed-rate facilities.
Minimum salary requirements vary by lender and city category. Most partner institutions require a minimum net salary of ₹15,000 per month for non-metro locations, while applicants in Tier-1 metros (Mumbai, Delhi-NCR, Bengaluru) generally require ₹20,000 to ₹25,000 per month.
Most lenders permit part-payments or full pre-closure during the loan tenure, typically after completion of the initial 6 to 12 months. Contact your lending partner or submit a foreclosure request through net banking to receive your official outstanding principal statement and settlement instructions.
Certain lenders charge a nominal fee (typically 1% to 3% plus GST) on part-prepayments, while several leading private banks and NBFCs allow up to 25% part-prepayment per year with zero penalty.
Banks may reject personal loan applications if you do not meet minimum income or employment vintage criteria, have a poor bureau score (below 650), have recent payment defaults, fail digital KYC verification, or have an existing EMI burden exceeding 50% of your net income.
PaisaOne provides continuous digital application tracking via SMS and email alerts. You can also log into your PaisaOne dashboard anytime to check real-time lender verification, document approval, and disbursal stages.
Missing an EMI payment incurs penal interest charges (typically 2% to 3% per month on the overdue amount) along with late payment fees. Non-payment also triggers negative reporting to CIBIL and other credit bureaus, reducing your credit score and making future borrowing difficult.
Securing a traditional unsecured personal loan with a low credit score and no active bank account is challenging. However, select NBFCs and fintech lenders offer alternative micro-credit or secured loans against collateral (such as gold, FD, or mutual funds) with customized repayment terms.
Yes, most lenders permit part-prepayments over and above your regular EMI once the initial lock-in period passes. These extra payments directly reduce your outstanding principal balance, thereby reducing total interest payable over the remaining term.
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