| 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 |
PaySense Personal Loan EMI Calculator
Wide Choice
Curated offers from 30+ lenders
Quick Disbursal
Money in your account instantly
SmartMatch
Offers ranked according to eligibility
Digital Process
Hassle-free & paperless

15.5L Reviews
Get up to ₹50 Lakhs starting at 9.98%
15.5L Reviews
Wide Choice
Curated offers from 30+ lenders
Quick Disbursal
Money in your account instantly
SmartMatch
Offers ranked according to eligibility
Digital Process
Hassle-free & paperless
Find Best Personal Loan Offers
Compare & Choose the Best Offer
Pre-approved Offers with Instant Disbursals
Know Your Chances of Approval
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
Personal Loan Interest Rate Comparison of different Banks
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 |
Avail Personal Loan for
All Your Needs
Factors Affecting PaySense Personal Loan EMI
Some key factors which affect PaySense personal loan EMIs are:
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
Avail Personal Loan for
All Your Needs
Personal Loan Articles
View All ArticlesPaisabazaar is a loan aggregator and is authorized to provide services on behalf of its partners
*Applicable for selected customers
Check Best Personal Loan Offers
with Quick Disbursal










