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Term Loan

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Valid till 30th April '26 *T&C Apply
Instant Personal Loan

Get up to ₹50 Lakhs starting at 9.98%

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15.6L Reviews

5.7cr+Satisfied Customers
65+Lending Partners
₹65k Cr+Loans Disbursed
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Quick Disbursal

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Digital Process

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HDFC Bank
10 Second Disbursal*100% Digital Process*Quick Disbursal
Max Loan Amt.Upto 25L
Rate of Interest9.99% - 12.5%
Tenure upto1-5 Years
Processing Fee6,500
ICICI Bank
100% Digital Process*Quick Disbursal
Max Loan Amt.Upto 25L
Rate of Interest11% - 13%
Tenure upto1-5 Years
Processing FeeUpto 2%
Axis Bank
Low Processing fee
Max Loan Amt.Upto 25L
Rate of Interest9.99% - 17.15%
Tenure uptoUpto 6 Years
Processing FeeUpto 2%
Why Choose Paisabazaar?
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End-to-End Digital Process

How Can I Apply for a Personal Loan Online?

Get up to 40 Lakh in 5 Simple Steps

Step 1: Enter your mobile number in the application form

Step 2: Provide your personal details

Step 3: Enter OTP to verify your mobile number

Step 4: Select the loan purpose and loan amount

Step 5: Compare offers and apply for the best-suited loan

Apply Now

Type of Interest Rates

Fixed Rates: Fixed-rate personal loans remain fixed throughout the loan tenure, irrespective of changes in the repo rate. The fixed interest rates are slightly higher than the floating rates. However, the individuals availing personal loans at fixed interest rates have higher certainty in financial planning as their EMI outflows would not be impacted by the changes in interest rate regimes.

Lenders Rate of Interest (p.a.)
HDFC Bank 9.99% onwards
ICICI Bank 9.99% onwards
Tata Capital 10.99% onwards
Axis Bank 9.99% onwards
Federal Bank 12.00 - 22.50%

Floating Rates: Personal loans offered at floating rates are subject to periodic changes as per the changes in the repo rate or other external benchmarks used by the respective lenders. The changes in their interest rates would depend on the reset date set for the borrowers.

Types of Loan Tenures

  • Long Term Personal Loans: These loans are offered for tenures of more than 1 year with no end-usage restriction. Due to its longer repayment tenure, the applicants availing long term loans have to pay lower EMIs, which in turn reduces their EMI/NMI ratio and hence increases the chances of timely loan repayments. However, the interest cost incurred over the loan tenure is higher.
  • Short loans: Short-term personal loans are usually referred to as personal loans offered for tenures of 1 year or less. Shorter tenures result in lower interest costs but higher EMIs. Hence, these loans are ideal for those seeking lower loan amounts. Lenders offering short term personal loans usually use digital channels, which result in quicker loan disbursal to the applicants.

Small Ticket Personal Loans

Small ticket personal loans are the loans offered for loan amounts of Rs. 1 lakh or less. Such loans are also known as small loans or low-value personal loans. Major lenders usually offer personal loans for loan amounts starting from Rs. 1 lakh. Therefore, consumers have to approach micro finance companies for such smaller loan amounts. But, with new-age fintech platforms and NBFCs, the consumers can now avail small ticket personal loans for loan amounts as low as Rs. 1,000.

Avail Personal Loan for
All Your Needs

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Avail Personal Loan for
All Your Needs

How Can I Apply for a Personal Loan Online?

Get up to 40 Lakh in 5 Simple Steps

Step 1: Enter your mobile number in the application form

Step 2: Provide your personal details

Step 3: Enter OTP to verify your mobile number

Step 4: Select the loan purpose and loan amount

Step 5: Compare offers and apply for the best-suited loan

Apply Now

Avail Personal Loan for
All Your Needs

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Avail Personal Loan for
All Your Needs

FAQs

Term loans can be offered for a tenure of up to 7 years. The tenure depends on the type of personal loan availed by the borrower.

Personal loans are unsecured in nature.

Interest rate for a personal term loan depends on multiple factors, including credit score of the borrower, income range, employment profile, existing debt obligations, etc.

While the documents required for term loans may vary from lender to lender, the general documents required include identity proof, address proof, bank statements, etc.

Yes, you can prepay or foreclose your term loan before tenure ends. However, lenders charge a fee on prepayment. Borrowers should be aware of these fees before making a decision.

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What our customers say

Smooth & hassle-free loan approval experience

I want to express my gratitude for your exceptional support & guidance throughout my loan application process to Aman (EW17239). Your professionalism & clear communication made the journey smooth and manageable. I appreciate how you helped during loan approval & fast-tracked the documentation. It is rare to find someone so committed to their clients. I truly value the effort you put into ensuring a successful outcome. Thanks again for your invaluable help.

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Sanjay Kumar GuptaMar 30, 2026

Exceptional guidance throughout the process

I’d like to express my sincere appreciation for Mr. Aman Kumar (EW32023) for the excellent assistance provided. His professionalism & willingness to help made the experience smooth & pleasant. Aman Kumar demonstrated patience & clarity while addressing queries and ensured that everything was handled efficiently. Such dedication & customer-focused service truly deserve recognition. Please convey my thanks and appreciation to him for his outstanding support.

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Jyotirmoy SinghaMar 23, 2026

Very helpful and easy to reach

I really wants to appreciate Mohankumar Dhandapani for closing my loan requirement in such a short time and nice manner. He is very much approachable helped me based on my requirements. He explained me all the options in very short time even one option failed immediately helped me to get other options worked. Excellent job done by Mohankumar Dhandapani all the best keep you same way approachable you will get more customers. Thanks to Paisabazar too.

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Kirubagaran GanesanFeb 24, 2026

Reliable help when i needed it most

I am writing this email to express my sincere thanks for your excellent support and guidance on Paisabazaar. My experience was very smooth and satisfying because of your help. You explained everything clearly and made the whole process easy and comfortable for me. I truly appreciate your professionalism, patience, and quick response. I am very happy with the service and would definitely recommend to others because of the great support I received from you. Thank you once again

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DharmeshFeb 22, 2026

Committed support that made everything easy

I’d like to appreciate the Paisabazar team for the excellent loan service. I especially want to recognize one of your agents, Mr. Prince Kumar, for his outstanding support. For more than a month, he continuously followed up with me and assisted me. His commitment & professionalism made the experience smooth & hassle-free. I appreciate his efforts and dedication. Kindly acknowledge his performance and consider rewarding such a sincere employee.

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BhupendraFeb 18, 2026

My Trust in Paisabazaar has Increased

I would like to take a moment to share my sincere feedback regarding the support I received from your team. The executive who assisted me was extremely professional, polite, and knowledgeable. They patiently understood my concern, explained the process clearly, and guided me step by step toward the right solution. I truly appreciate the transparency, timely responses, and genuine effort shown to help me.

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Lalit MaviFeb 12, 2026

Best Place for Taking Loans

I contacted customer care with a few queries, and I am very satisfied with the support I received. The representative was polite, patient, and explained everything clearly. My questions were resolved properly, and the overall experience was smooth and helpful. Thank you for the excellent customer service

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Kokil BarnwalFeb 12, 2026

Easy loan approval with good guidance

Thank you for the support provided for getting personal loan approval. During this process I worked with Mr. Aman Bajpai (EW17239) who was co-ordinator for this entire process of Personal loan, I was incredibly impressed by his efficiency and problem-solving skills. He went out of their way to ensure all my questions were answered and that the disbursement timeline stayed on track. His coordination was really appreciable.

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Riyaj AtarFeb 9, 2026

Apne higher education ke liye loan liya tha

Muhje higher education ke liye loan chahiye tha. Paisabazaar pe apply kiya. Got it at the right time. Quite helpful.

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Puja DanuJan 22, 2026

Sabse jada helpful log the yaha

Maine bht jagah try kiya tha personal loan ka, yaha try kiya toh helpful log mille. Har steps mai aram se samjhaya or usse muhje loan lene mai jda dikkat nhi aayi.

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Anuradha GuptaJan 21, 2026
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Vandana Punj
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Shamik Ghosh

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