| Loan Amount | ₹100,000 |
| Interest % | 8 % |
| Tenure (months) | 12 |
| Emi (monthly) | ₹ 8,699 |
| Total Interest | ₹ 4,386 |
| Loan Amount + Interest | ₹ 104,386 |
| Year | Total Principal ( A ) | Total Interest ( B ) | Balance ( A + B) | Total Payment | Loan Paid Till Date (%) | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ₹ 16,118 | ₹ 1,280 | ₹ 17,398 | ₹ 83,882 | 16.12 % | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ₹ 83,884 | ₹ 3,106 | ₹ 86,990 | ₹ 0 | 100.00 % | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Let’s look into the eligibilities and required Documentation to make your application process even smoother:
PaySense Business Loans welcomes you to a world of possibilities. You need a financial partner who respects your goals and supports your road to company success as a cheerful businessman with a vision.
PaySense is a partner you can rely on, with a reputation for dependability and customer-centric services. When you select PaySense Business Loans, you are picking a financial partner who is invested in the success of your company.
Give your company the resources it needs to develop. Join up with PaySense to begin a journey of innovation, growth, and prosperity.
For the first step, you will have to visit our website to explore the loan options that fit your needs.
Once you shortlist the loan you have been looking for, apply for it, and proceed with the further process.
One of the most important steps. Now you will have to submit all the required documents digitally.
Once your application is approved based on your eligibility, you will receive your loan amount shortly.
Applying for a PaySense Business Loan is straightforward: Visit their website or app, fill out a simple form, upload KYC documents and income proof, and you'll receive a decision with the loan amount disbursed to your bank account within hours¹.
Eligibility for a PaySense Business Loan includes having a net yearly turnover of at least Rs. 2.5 Lakhs, depending on your location, a CIBIL score of 700 or higher, being aged between 22 and 57.
Documents include KYC documents, 6 months bank statements, and income proof.
Loan amount from PaySense ranges from Rs. 50 K to Rs. 10 lakhs, based on your eligibility and credit profile.
The loan carries 18-22% monthly interest rate and 6-60 months tenure.
Consultant
