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Micro Loan

Apply for Micro Loan

Overview

Do you run an MSME (Hyperlink to what is an MSME) or do you just want a simple loan without the hassles of over-the-top documentation? Paisabhai.com’s Micro Loans empower you to take the next step in your financial journey by providing tailor-made offerings to suit your interests and needs. With one of the fastest disbursal rates in the market, you can be assured that Paisabhai.com is here to support you at every step of your journey.

Features & Benefits

Approval within 24 hours

Paisabhai.com provides one of the fastest loan approval services in the market.

Minimum Documentation

With Paisabhai.com’s services, you can rest assured that a large number of documents won’t be something you have to worry about.

No hidden Charges

With Paisabhai.com’s commitment to transparent practices at every step, you can be assured of no extra or hidden charges other than the ones you would already been made aware of.

Lowest Possible Interest Rates

Paisabhai.com provides you with the lowest interest rates in the market!

Hassle-Free Procedure

Paisabhai.com’s customer-oriented and efficient system makes sure that any loan-taking procedure is hassle-free for you.

Fully Online

In today’s fast-paced world, we understand and support you with your commitments and thus have made the whole procedure completely online.

Interest Rates & Charges

Paisabhai.com makes sure that you get to fulfil your dreams just the way you want to, on your terms and thus bring to you the best interests possible in the market!

Eligibility & Documents Required

We at Paisabhai.com aim to make the concept of eligibility for financial borrowing highly lucid for everyone. Qualifying the eligibility for a Paisabhai.com personal loan is simple and effortless. Long gone are the times of long paperwork, greatly reducing the time required for the disbursal of a loan!

 

Any application shall be assessed on the following 5 broad categories:

At the time of application, a person should be of the minimum age of 22 years and a maximum of 58 years at the time of maturity of the loan.

All applicants must be citizens of the Republic of India.

Salaried/Business

Applicant should have a minimum work experience of 1 year

Minimum net monthly income should be Rs. 20,000

Above 600

At Paisabhai.com it is our endeavour that there is no hindrance with regard to the documentation for a loan. While certain documents apply to every applicant, based on the lender and/or the nature of employment as well as the residential status in the country, an applicant may be required to furnish various documents.

 

A general set of documents required are as follows:

Rent Agreement/Utility Bill/Passport/Voter ID

Latest Salary Slip

Pan Card/Aadhar

Bank Account Statement and Salary credit statement of the three months prior to the application of a loan.

Note: The above-given table is an indicative list of the documents required for the disbursal of a loan, additional documentation may be required for specific applications. To make the process completely transparent, fast and hassle-free, the documents must be submitted online.

EMI Calculator

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Frequently asked questions

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