Indian app for fast mini loans
Sometimes debt puts a noose around your neck and you don't know who to turn to. If you need a small, quick cash loan, a mini-loan might be the solution to your problems. With PaySense, Indian users can apply for an almost immediate loan from their smartphone.
The services of this Indian fintech in your pocket
PaySense is an Indian fintech that specializes in small online personal loans of up to 5,000 rupees. To apply for a loan, all you need to do is download the APK file, grant the necessary permissions, and create an account.
Once you apply for a loan, the system will give you an almost immediate response, and you will receive the money directly in your bank account. You can also choose the repayment period between three and 60 months.
Instant personal loans of up to 5,000 rupees.
PaySense includes an equated monthly installment (EMI) calculator to work out your payments and understand what is the best loan for you before you apply. When you enter your personal data, you will see how much you will have to pay back each month.
This is a very useful app that can get you out of more than one tight spot. However, in order to apply for one of these loans, you must reside in India, be between 21 and 60, and have a steady monthly minimum wage. Also, keep in mind that this type of financial product usually involves abusive interest rates, so be careful.
Requirements and additional information:
- Minimum operating system requirements: Android 5.0
Almudena Galán
With a degree in Law and Journalism, I specialized in criminology and cultural journalism. Mobile apps, especially Android apps, are one of my great passions. I have been testing dozens of apps every day for over six years now, discovering all...
Susana Arjona