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PaySense Personal Loan EMI Calculator

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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%
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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

Personal Loan Interest Rate Comparison of different Banks

Banks/NBFCs Interest Rates(p.a.)
HDFC Bank 10.85% onwards
Axis Bank 11.25% onwards
Kotak Mahindra Bank 10.99% onwards
ICICI Bank 10.85% onwards

Monthly EMI Payment Comparison of Popular NBFCs in India

Given below is a comparison of the monthly EMI payments of some popular lenders in India for different loan amounts, tenure and interest rates:

NBFC Name and Interest Rate EMI Payout for Loanr
Loan Amount of Rs. 50,000 Loan Amount of Rs. 1 lakh Loan Amount of Rs. 2 lakh
PaySense @ 16.80% p.a. Rs. 4,555 Rs. 9,111 Rs. 18,222
MoneyTap @12.96% p.a. Rs. 4,465 Rs. 8,930 Rs. 17,860
CASHe @ 33% p.a. Rs. 4,948 Rs. 9,897 Rs. 19,794
EarlySalary@ 18% p.a. Rs. 4,584 Rs. 9,168 Rs. 18,336
Home Credit @ 24% p.a. Rs. 4,728 Rs. 9,456 Rs. 18,912
Money View @ 15.96% p.a. Rs. 4,536 Rs. 9,071 Rs. 18,142

PaySense Personal Loan EMI Calculation

PaySense uses the reducing balance method to compute the EMI payable on its personal loans. The table below gives different possible EMIs with varying combinations of loan amount, interest rate and tenure.

Loan Amount (Rs.) Interest Rate (p.a.) Tenure (months) EMI (Rs./month)
1 lakh 17% 12 9,120
2  lakh 19% 24 10,082
3 lakh 20% 36 11,149
4 lakh 25% 48 13,263
5 lakh 18% 60 12,697

Charges Levied on Non Payment of EMI

The following charges may be levied in case PaySense personal loan EMI payments are not made on time:

Particulars Charges
Late Payment Charges Rs. 500 + GST

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Factors Affecting PaySense Personal Loan EMI

Some key factors which affect PaySense personal loan EMIs are:

  • Loan Amount: It is the principal amount that you borrow from PaySense. A higher loan amount generally means higher EMI payouts and vice versa.
  • Loan Tenure: It is the period over which you can repay your personal loan. A longer tenure usually translates into lower EMIs and vice versa.
  • Interest Rate: It is the rate at which PaySense charges interest on the loan amount. A higher rate of interest usually means higher EMI payouts and vice versa.
  • Interest Calculation Method: The EMI payable is also influenced by the method of interest calculation used by the lender. EMIs calculated using the flat rate method are generally higher as compared to those calculated using the reducing balance method, provided loan parameters remain the same.

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

Avail Personal Loan for
All Your Needs

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What our customers say

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

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

Best Advisor for Personal Loan

I would like to share my feedback regarding my recent interaction with Mr. Vipin Singh (employee id EW12967) After discussing the financial matters with him, I felt very satisfied with his approach and professionalism. He explained everything clearly, handled the discussion patiently, and ensured that all concerns were addressed effectively. His communication skills, positive attitude, and dedication towards his responsibilities truly reflect his commitment to the organization.

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20th Jan 2026Jan 20, 2026

Meri shaddi thi

Shadi mai bht kharche hote hai. Maine shaddi ke liye personal loan paisabazaar se liya tha. Process smooth tha or interest bhi sahi milla.

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Sadia KhatunJan 15, 2026

Perfect for Loan Solutions

Recently I had a conversation with Mr. Harsh ji. Thanks Mr. Harsh ji for providing a better solution in a very short period of time with very nice behaviour. Thank You very much.

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Amit ChahalJan 15, 2026

Travel ke liye personal loan liya tha

Mai bohot din se out of India ghumne jana chahti thi lekin jab jane ka time mila toh budget kaam padh raha tha, Paisabazaar se personal loan leke bht acha trip kiya. Maza agaya. Mere upar koi burden bhi nhi padha

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Tarini RoyJan 14, 2026

Easy personal loan available

Took personal loan. Good experience.

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Ruchika TiwariJan 14, 2026

Stress-free Laon Borrowing Process

There was a complication with my KYC verification. Paisabazaar’s Shazeb handled it swiftly and professionally. He ensured that I received regular updates, explained the resolution steps clearly, and most importantly, resolved the issue quickly. His prompt assistance and communication made the entire experience smooth and stress-free. Thanks to his efforts, the loan process was completed without further delays.

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Abhishek ThakuraJan 14, 2026
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