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What is a Personal Loan?

A Personal Loan gives you quick access to funds for your urgent as well as planned needs without pledging any security. With a fully digital online personal loan process, you can complete your application in just a few clicks and get a quick approval. Most lenders in India use automated systems to assess your credit profile, income, and basic details in real time. When you apply for a personal loan online, the system can instantly evaluate:

  • Your basic eligibility
  • Your approximate loan amount
  • An indicative EMI based on your chosen tenure

If you meet the lender’s criteria and your documents are in order, the approval of your instant personal loan is done quickly, and the amount can be disbursed soon after you e‑sign the agreement. The end‑to‑end loan approval process, from application to disbursal, can be completed in as little as a few minutes, especially if you are an existing customer of the bank or lender. An instant online Personal Loan is ideal for:

  • Medical or emergency expenses
  • Education or skill‑upgradation costs
  • Wedding and family functions
  • Travel and holidays
  • Home repairs, rent deposits, or moving costs
  • Debt consolidation and balance transfer

The best thing about personal loans is that you can use these funds as per your financial needs, subject to the lender’s terms and conditions.

Key Personal Loan Features at Paisabazaar

Feature Details
Loan Amount Rs. 10,000 - Rs. 50 Lakh
Interest Rate 9.98% - 44% p.a.
Repayment Tenure 12 - 84 months
Processing Fee 0% - 4% of loan amount
Disbursal Time Within 24 - 72 hours
CIBIL Score Required 700+ (760+ for best rates)
Collateral Required None (Unsecured)
Minimum Salary Rs. 15,000/month (varies by lender)
Prepayment Charges 0% - 5% (lender-specific)

Why Apply for a Personal Loan on Paisabazaar?

Paisabazaar provides personal loan offers from 30+ banks & NBFCs, enabling you to compare, choose and apply for the personal loan that suits your requirements the best, with the highest chances of approval. Through deep integrations with India’s leading Banks and NBFCs, you can apply for a personal loan with ease on the Paisabazaar platform, through end-to-end digital processes.

Find Best Personal Loan Offers

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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 Fee₹ 6,500
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%

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End-to-End Digital Process

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Directly from Expert

At Paisabazaar, our aim is to make access to consumer credit easy, transparent and convenient for Bharat. For over a decade, we have been offering a wide choice along with seamless digital processes, to help consumers from varied segments access the best and most-suited lending solutions with ease. Backed by the trust of 50 million+ customers, Paisabazaar provides you with a superlative experience that is fast, secure and tailored to your needs.

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Santosh Agarwal

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CEO, Paisabazaar

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

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Paisabazaar Advantages

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Personal Loan Interest Rates

Personal loan interest rate is determined on the basis of an applicant’s credit profile and the lender’s policy (credit risk-based pricing model, cost of funds, etc.).

Before applying for a personal loan, ensure to compare interest rates along with other charges offered by various Banks and NBFCs to find the most-suited personal loan, according to your eligibility.

Get Personal Loan from India's Top Providers from Paisabazaar

Bank / NBFC Interest Rate (p.a.) Max Loan Amount Max Tenure Processing Fee
Axis Bank Personal Loan 9.99% onwards Rs. 40 lakh 84 months Up to 2%
Bajaj Finance Personal Loan 10.00% - 30.00% Rs. 55 lakh 108 months Up to 3.93%
Federal Bank Personal Loan 12.00% - 22.50% Rs. 25 lakh 60 months Up to 2%
HDFC Bank Personal Loan 9.99% onwards Rs. 50 lakh 84 months Up to Rs. 6,500
ICICI Bank Personal Loan 9.99% onwards Rs. 50 lakh 72 months Up to 2%
IDFC FIRST Bank Personal Loan 9.99% onwards Rs. 15 lakh 60 months Up to 2%
IndusInd Bank Personal Loan 10.35% onwards Rs. 5 lakh 48 months Up to 3.5% (2% for instant loans – limited period)
Kotak Mahindra Personal Loan 9.98% onwards Rs. 1 crore 72 months Up to 5%
Moneyview Personal Loan 14.00% onwards Rs. 10 lakh 60 months 2% onwards
Tata Capital Personal Loan 10.99% onwards Rs. 35 lakh 72 months Up to 3.5%

Note: Rates are indicative and subject to change. Final rate offered depends on your credit profile.

Last updated: 3rd June 2026

Get an Instant Personal Loan in 10 Minutes

Get an instant personal loan in 10 minutes at interest rates starting from 9.98% p.a. on Paisabazaar with a 100% digital application process. Both salaried and self-employed applicants can get quick approval and fast loan disbursal directly into their bank accounts for medical emergencies, weddings, travel, education, home renovation, or other financial needs.

Feature & Benefits of Instant Personal Loan

  • Access Instant loan ranging from Rs 5 thousand to 5 Lakh
  • Instant loan disbursal with in 24 Hours
  • Flexible EMI tenure of 6 to 84 months
  • Funds disbursed straight to your Bank account
  • No Collateral needed for loan application
  • Apply for a Instant loan without credit score

Apply for an Instant Personal Loan Online in 3 simple Steps?

  • Step 1: Enter your basic details Name & Mobile Number and check eligible offers instantly.
  • Step 2: Select the best-suited loan offer and upload your documents digitally.
  • Step 3: Receive the funds in your bank account within 24 hours of loan approval.

5 Tips to Choose the Best Personal Loan Online

Choosing the best personal loan requires careful consideration. At Paisabazaar, we help you compare the best personal loan offers from top lenders with attractive interest rates and flexible repayment plans. Here’s how you can choose the best personal loan for you:

1. Compare offers

Check each offer’s rate range, tentative EMI, maximum loan amount, expected disbursal time, and mandatory documents. Shortlist 2 to 3 offers that balance cost and speed.

2. Check offers from banks/NBFCs you already bank with

Existing relationships (salary/savings account, FD, credit card) can mean pre-approved limits, quicker KYC, and sometimes better rates or lower processing fees. It is advisable to check with these lenders and see if you can avail better offers.

3. Compare total cost of credit, not just the interest rate

Confirm processing fees, foreclosure lock-in, part-prepayment rules, and all penalties: late payment, cheque/mandate bounce, ECS return, statement charges, etc. Be thorough to avoid any mishap later.

4. Estimate affordability

Use the EMI calculator on Paisabazaar to select different tenures and interest rates. While selecting, choose the shortest tenure you can comfortably afford to cut interest outgo, but leave room for emergencies. Prefer lenders that allow free/low-cost part-payments so you can reduce tenure later.

5. Choose what fits your requirements and repayment capacity

Pick the shortest tenure you can comfortably afford to cut interest outgo, but leave room for emergencies. Prefer lenders that allow free/low-cost part-prepayments so you can reduce tenure later.

Choose the Right Loan Amount

Personal Loan of ₹5 Lakh Personal Loan of ₹10 Lakh Personal Loan of ₹20 Lakh Personal Loan of ₹30 Lakh Personal Loan of ₹40 Lakh Personal Loan of ₹50 Lakh

Types of Personal Loan

A personal loan can be used for a variety of needs such as medical emergency, education, travel, home renovation, marriage or debt consolidation. Since it’s unsecured, you’re free to utilize it for almost any personal financial requirement.

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Personal Loan Balance Transfer

Many lenders allow existing loan borrowers of other banks/NBFCs to transfer their outstanding loans at lower interest rates and/or better loan terms. These are offered to select segments, with a strong credit profile and disciplined repayment history.

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Pre-approved Personal Loan

Banks and NBFCs offer pre-approved personal loans select existing customers having a good credit score. These loans do not need any documentation and are disbursed instantly.

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Top Up Personal Loan

Various banks and NBFCs offer this top up loan facility to their existing loan borrowers to avail additional loan over and above their outstanding loan amount.

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Short Term Personal Loan

This type of loan has a short tenure of 1 year or less and lower loan amounts are on offer, making it an ideal option for individuals seeking smaller amounts with greater repayment flexibility. Short Term Personal Loan have a more relaxed eligibility criteria, but come with high interest rates.

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Personal Loan for Travel

Individuals can use personal loans to cover their travel and vacation related spends. According to a Holiday Loan Report by Paisabazaar, around 30% of consumers who take a personal loan between April and and June, took it for holiday trip.

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Personal Loan for Medical Emergency

When facing medical emergencies, individuals can avail personal loans to cover costs related to hospital bills, diagnosis, consultations, treatments, etc.

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Debt Consolidation Loan

Existing borrowers can use a new personal loan to consolidate their multiple high interest rate loans and credit card dues into one at lower rates and/or for longer tenures.

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Personal Loan Eligibility Criteria

Personal loan eligibility criteria may vary across lenders. To give you a fair idea, here are some of the general requirements:

  • Credit Score: Preferably 750 and above
  • Salary: Usually Rs. 15,000-30,000 a month (Do note: if you have an existing relationship with the bank through a savings account, income eligibility may be lower)
  • Income: At least Rs. 2 lakh p.a. (may vary among self-employed professionals & non-professionals)
  • Employment Stability: At least 1 to 2 years of total work experience with a stable current job
  • Business Continuity: Usually 3 years
  • Employer Profile: Salaried employees working with government, Public Sector Undertakings, MNCs and other reputed corporates are favoured.
  • Age Limit: Usually, 21-60 years. For self-employed applicants and pensioners, the maximum age limit may go up to 65 and 75 years respectively.

Am I Eligible to Get a Personal Loan?

To determine your eligibility for a personal loan, visit the lender's official website and review the eligibility criteria provided by the lender.

Generally, lenders require applicants within the age range of 21 to 60 years, with a credit score of 750 or above and a minimum monthly income of Rs. 15,000 for a personal loan.

Documents Required for a Personal Loan

Lenders ask applicants for certain documents to establish their identity, income, repayment capacity and place of residence. Here are a few common sets of documents that lenders usually require applicants to furnish:

Requirements Salaried Individuals Self-employed Professionals/Non-Professionals
Proof of Identity Passport, Voter ID, Driving License, Aadhaar Card or PAN Card Passport, Voter ID, Driving License, Aadhaar Card or PAN Card
Proof of Residence Aadhaar Card, Voter ID, Passport or Utility Bills Aadhaar Card, Voter ID, Passport or Utility Bills
Proof of Income Salary Slips, Bank Statements, Form 16 Previous Years’ ITR, P&L Statement and Balance Sheet, Bank Statements

Personal Loan Processing Fees and Other Charges

While the fees and charges of personal loans can vary widely depending on lender and the credit profile of the loan applicants, the following table will give you a broad range of the personal loan fees and charges levied by the lenders:

Particulars Charges
Loan Processing Fees 0.5% to 4% of loan amount
Prepayment/Part-prepayment/Foreclosure Charges For Floating Rate: Nil
For Fixed Rate: Usually around 2% - 5% on the principal outstanding
Loan Cancellation Usually around Rs. 3,000
Stamp Duty Charges As per actuals
Legal Fees As per actuals
Penal Charges Usually @ 2% per month; 24% p.a.
EMI/Cheque Bounce Around Rs. 400 per bounce

Other fees and charges levied by the lenders include documentation charges, verification charges, duplicate statement charges and NOC certificate charges.

What Is the Minimum CIBIL Score Required for a Personal Loan?

Your CIBIL Score is a critical factor that not only determines your loan approval but also the rates and loan terms. Let us understand how CIBIL score impacts loan approval.

CIBIL Score Range Loan Approval Chances Scenario
760 – 900 Very High Best offers available including pre-approved offers
700 – 759 High Most lenders will approve but best offers may not be available
650 – 699 Low Some lenders may approve at higher rates and stricter terms
600 – 649 Very Low Limited options, very high interest rates and stricter terms
Below 600 Difficult Almost all lenders would reject. Need to rebuild credit profile.

Note: The information provided above is only indicative and actual results may vary.

Tip: Check your FREE CIBIL score on Paisabazaar website before apply for personal loan online. This is a soft inquiry and does not affect your credit score.

Will checking my loan offers on Paisabazaar impact my CIBIL score?

No, your credit score is not impacted when checking pre-approved offers and comparing rates on Paisabazaar as it is considered a "soft inquiry" and does not feature in your credit report.

Things to Know before You Apply for a Personal Loan

Pre-approved Loan Offers

  • Many banks and NBFCs prefer to provide instant personal loans to existing customers
  • Require minimal to no documentation
  • Quick disbursal process
  • Often come with lower interest rates for customers with existing financial relationship

Higher Credit Score = Lower Interest Rates

  • A credit score of 750+ is preferred by lenders
  • Higher scores mean:
    • Better chances of loan approval
    • Lower interest rates
    • Eligibility for pre-approved offers

Increase EMI Affordability with a Longer Loan Tenure

  • Longer tenure means lower EMIs but total interest paid during the loan tenure goes up
  • Helps manage monthly cash flow
  • Choose a longer tenure and/or smaller loan amounts to make EMIs affordable

Prepayment & Foreclosure Rules

  • No additional charges on floating rate personal loans (as per RBI mandate)
  • In case of fixed-rate personal loans, lenders may levy charges for prepayment or foreclosure

How to Choose the Right Personal Loan for Your Needs

Lenders offer personal loans to applicants based on their credit profile and repayment capacity. While an applicant can be eligible for the most suitable offer from a lender, the same loan offer may not be the best for other borrowers.

Finding the right personal loan shouldn’t be about accepting the first offer from a lender, but it should align with your income, credit profile, and the urgency of your requirement.

You should check your eligibility for the best personal loan offers at Paisabazaar where you get to compare offers from 30+ lending banks and NBFCs instead of checking multiple offers individually and make an informed borrowing decision faster.

Salary-based Recommendations for Personal Loans

Your monthly income plays an important role in helping lenders decide your repayment capacity. Lenders generally follow the 55% FOIR (Fixed Obligations to Income Ratio) criteria to decide on the loan amount.

Let us understand the recommended personal loan depending on your salary.

Rs. 15,000 to Rs. 25,000

  • While many top banks may not approve the loan, NBFCs are more likely to offer you the personal loan
  • You may get loan offers in the range of Rs. 1 lakh to Rs. 2 lakh depending on your actual salary

Rs. 25,000 to Rs. 50,000

  • Most banks and NBFCs would approve your loan application
  • The loan amount in the range of Rs. 2 lakh to Rs. 5 lakh can be approved without much difficulty

Rs. 50,000 and above

  • Almost all lenders would approve your loan application provided you maintain a healthy credit profile
  • Applicants with a higher salary can have a higher repayment capacity and thus become eligible for higher loan amounts
  • Many lenders would willingly offer a personal loan up to Rs. 15 lakh to those with a high credit score

At Paisabazaar, an applicant gets offers only from those lenders where the salary eligibility criteria is met, helping reduce the rejection rate significantly.

Credit Score-based Recommendations for Personal Loans

Lenders assess your credit score to decide the approval chances, interest rate and loan terms. Applying for a personal loan without knowing your credit score can land you with a rejection or a sub-optimal loan offer.

Excellent Credit Score (800 and above)

  • Pre-approved offer from multiple lenders
  • Lowest interest rates on offer
  • Eligible for most loan offers

Very Good Credit Score (760 - 799)

  • High chances of loan approval
  • Low interest rates from multiple lenders
  • High negotiating leverage

Good Credit Score (700 - 759)

  • Eligible for personal loans from major lenders
  • Competitive interest rates on offer
  • Low scope for negotiations

Average Credit Score (650 - 699)

  • Not eligible for most loan offers
  • Even if approved, lenders would charge high interest rates
  • No scope for negotiations

Low Credit Score (Below 650)

  • No offers from top lenders
  • Very low approval chances
  • Need to improve credit score before applying for a loan

Note: The score range is indicative. Actual ranges may vary depending on the credit bureau.

Bank vs NBFC Comparison for Personal Loans

Both banks and NBFCs offer personal loans, but the right loan offer depends on the profile of the applicant.

Factor Banks NBFCs
Interest Rates Lower Higher
Approval Speed Moderate Faster
Eligibility Strict Flexible
Documentation More detailed Minimal / digital
Best For High income and strong credit score Urgent needs or relaxed eligibility criteria
  • Choose Banks if: You have a strong financial profile and want the lowest interest rates
  • Choose NBFCs if: You need quick approval or have a lower credit score/income

Instead of choosing manually, compare best offers from both banks and NBFCs at Paisabazaar and select the most suitable option based on your profile.

Personal Loan for Different Borrower Segments

Personal Loan for Salaried Employees

  • Salaried employees looking for a personal loan can choose from multiple Banks and NBFCs on Paisabazaar.
  • Salaried applicants with strong credit profiles and stable employment usually have higher chances of personal loan approval.
  • Government employees and those working in large private organisations are preferred the most due to high job security.

Personal Loan for Self-employed Individuals

  • Lenders also offer unsecured loans to self-employed individuals, to meet their personal as well as business requirements.
  • Interest rates offered to self-employed individuals is likely to be higher, due to lesser income certainty and higher risk involved.
  • The documentation process for self-employed individuals is also slightly extensive as compared to the salaried employees.

Personal Loan for First Time Borrowers

  • Individuals with no credit history may find it challenging to avail credit for the first time.
  • Salaried consumers can connect with the Bank that holds their salary account for a personal loan.
  • Some fintech companies also offer loans to first time borrowers, usually salaried.
  • The ticket size of these loans, however, are generally small and interest rates are comparatively higher.

Personal Loan for Pensioners

  • Most PSU banks and a few NBFCs extensively offer personal loans to pensioners having their pension accounts with them.
  • Most PSU banks generally waive off the processing fees for pensioners.
  • Like personal loans, loan proceedings can be used by pensioners to meet their personal requirements, such as travel, medical emergencies, etc. with no end-usage restriction.
  • Individuals can connect with these PSU banks online or through a branch for their personal loan requirements.
Quick Links
Personal Loan for Salaried Employees Personal Loan for Self Employed
Personal Loan For Senior Citizens SBI Bank Personal Loan Interest Rates
Personal Loan for Students Personal Loan for Doctors
Personal Loan for Women Mudra Loan
Instant Business Loan Udyam Registration

Real Stories from Paisabazaar Borrowers

Jitendra Waskel

I had the opportunity to interact with Ms. Yashi Saxena (Employee Code: AW22197) while applying for a loan from Poonawalla Fincorp. I am extremely satisfied with her guidance, support, and professionalism throughout the process.

She explained each step very clearly, helped me understand the details, and ensured that the process went smoothly. Her assistance made my loan journey hassle-free.

I would like to rate her service 10/10 and appreciate her excellent customer handling skills. Employees like her truly add value to Paisabazaar’s reputation.

Thank you once again for providing such wonderful service.

Jyotirmoy Singha

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.

Priya Shukla

Two years ago I faced a medical emergency at my home. I had an emergency fund but soon I ran short of it too. I then applied for a personal loan through the Paisabazaar app and got instant reply from the customer executive. They guided me through the entire loan process, helped me get the loan in time.

Quick Facts about Personal Loans

Borrowers with income below Rs. 5 lakh opted for unsecured personal loans more whereas borrowers with higher income availed secured loans more.

When it comes to outstanding loans by the end of September 2024, the largest share was contributed by borrowers in the income range between Rs. 5 lakh and Rs. 15 lakh.

Almost 50% of the borrowers availing personal loans or credit cards have an additional loan outstanding.

11% of the borrowers with a personal loan under Rs. 50,000 have an overdue personal loan.

60% borrowers with personal loan under Rs. 50,000 have availed more than three loans during 2024-25.

75% borrowers who availed personal loans between April 2024 and September 2024 have taken loans more than three times.

Note: Data as per RBI’s Financial Stability Report of December 2024

Personal Loan Online in Your City

Paisabazaar offers personal loans to eligible borrowers in more than 860 cities in India including all metro and Tier - I cities:

Delhi Personal Loan in Delhi hyderabad Personal Loan in Hyderabad Bangalore Personal Loan in Bangalore Chennai Personal Loan in Chennai Kolkata Personal Loan in Kolkata Mumbai Personal Loan in Mumbai

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

Explore Our Personal Loan Lenders

HDFC BANKHDFC BANKAxis BankAxis BankKotak Mahindra BankKotak Mahindra BankICICI BankICICI BankFederal BankFederal BankIDFC First BankIDFC First BankIndusind BankIndusind BankRBL BankRBL BankTata CapitalTata Capital
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FAQs

What is the interest rate on a personal loan?

Personal loan interest rates offered by leading banks and NBFCs start from 9.98% p.a. depending on the credit profile of their loan applicants. However, some public sector banks may offer lower interest rates to their personal loan applicants.

How much CIBIL score is required for a personal loan?

Applicants with a credit score of 750 and above usually have higher chances of availing personal loans. However, many banks and NBFCs offer loans to individuals with low CIBIL score/credit score but charge higher interest rates to compensate for the higher credit risk associated with those lenders.

Can I take personal loans from multiple banks at the same time?

Yes, you may avail personal loans from multiple lenders at the same time, provided the lender of your second personal loan is satisfied with your repayment capacity. However, it is better to take a single loan of a larger amount from the lender providing lower interest rates and/or better terms and conditions.

How much time does it take to disburse a personal loan?

Usually, it takes anywhere from a few hours to a few business days to disburse a personal loan. However, it depends on the lender’s policies, processes, and related timelines. However, if you are a pre-approved customer of a bank or NBFC then you can get instant approval with quick disbursals.

Can I top up my personal loan?

Most lenders offer top-up personal loans to existing borrowers with a good repayment track record. The eligibility depends on factors like repayment history, income, and the lender’s policies.

Is a personal loan taxable?

No, personal loan or any kind of loan is not treated as your income, and is not taxable.

What happens if I miss a personal loan repayment?

Missing a repayment can lead to late payment charges and a negative impact on your credit score. If delays continue, the lender may report it to credit bureaus, making it harder for you to access loans in the future. In extreme cases, legal action or collection efforts may follow.

Can I get a personal loan with bad credit?

While it might be difficult, it is not impossible. Apart from your credit score, there are other factors that are taken into account by lenders to assess your creditworthiness. These include your income, employment stability, etc. Keeping them intact might increase your chances of getting a personal loan.

Can I prepay my personal loan? Does it impact credit score?

Yes, you can prepay your loan. However, lenders usually have a lock-in period for loans along with prepayment charges. Check with your bank before prepaying.Your credit score might be affected positively by prepayment.

Will my credit score be impacted when I apply for a personal loan?

When you apply for a personal loan, your credit score might go down a bit for initial months. Maintain good credit behaviour to improve your credit score.

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We have been recognised at several prestigious forums for our consumer-focused innovations over the last decade.

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2024

Bharat Fintech Award for Best fintech Lender

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2022

India FinTech Award for Best Fintech Consumer Lender

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2021

Fintech Innovation Expo award for Best Digital Lender

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2021

Gold for Excellence in Consumer Lending at India Digital Awards

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How I Saved Rs 22,000 on My Personal Loan through Prepayment

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How Have Personal Loans Advanced Over the Past few Years

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Factors To Consider While Selecting a Personal Loan Lender

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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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Paisabazaar is a loan aggregator and is authorized to provide services on behalf of its partners.

The APR (Annual Percentage Rate) of a personal loan is its annualised cost of borrowing, which includes the interest rate as well as the processing fees, documentation fees and other fees charged during the loan origination. The APR is expressed in the form of a percentage and thus, allows personal loan applicants to detect personal loan schemes offered at lower interest rates but with higher processing fees and/or other charges.

The APR of personal loans usually ranges between 11.29% to 35%. For example, assume that you have availed a personal loan of Rs. 5 lakhs @ 10.50% p.a. with a repayment tenure of 5 years. The processing fee charged for this loan is 1.5% of the loan amount, which amounts to Rs 7,500. Therefore, the total borrowing cost of your personal loan will be Rs 1,52,317 and its APR will be 11.16%.

Address: Paisabazaar Marketing & Consulting Pvt. Ltd. 135 P, Sector 44, Gurugram (HR) 122001

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