Paisa247 – Personal Loan App

Paisa247 helps users discover and compare personal loan offers from verified and trusted lenders across India. We provide a digital loan comparison platform that enables users to check preliminary eligibility and apply online securely with RBI-registered lending partners.

Lending Partners
Paisa247 is a loan comparison platform that connects borrowers with the following RBI-registered NBFCs and banks:
• Chinmay Finlease Ltd

Loan Terms
• Repayment Period: Minimum 3 months to Maximum 60 months
• Maximum APR: Up to 36% per annum (inclusive of interest, processing fees, and other applicable charges)
• Actual interest rates, fees, and loan terms vary by lender and borrower eligibility

Representative Example
For a personal loan of ₹1,00,000 at an annual interest rate of 24% for a tenure of 24 months:
• Monthly EMI: ₹5,287
• Processing Fee: ₹2,000 (2%)
• Total Interest Payable: ₹26,888
• Total Amount Payable: ₹1,28,888

Actual loan offers, interest rates, EMIs, and fees may vary based on lender policies and borrower credit assessment.

What Paisa247 Does
• Access and compare multiple personal loan offers from RBI-registered lenders
• Preliminary personal loan eligibility check
• View complete transparency on interest rates, EMIs, processing fees, and tenure
• Fully digital, secure, and paperless application process
• Track balance, credit line, and repayment schedules from a single dashboard
• Available for salaried and self-employed individuals
• EMI calculator to help plan repayments effectively

Important Disclosures
• Paisa247 is not a lender and does not issue loans directly.
• Loan approval is not guaranteed and is subject to eligibility checks, credit assessment, and approval by the respective RBI-registered lending partners.
• Interest rates, processing fees, repayment tenure, and loan amounts are determined solely by the lending partner.
• Processing fees, if applicable, vary by lender and borrower profile and are disclosed before loan acceptance.
• Paisa247 does not provide financial advisory services, credit repair, or credit score improvement services.

Regulatory Compliance
All lending partners available on Paisa247 are RBI-registered NBFCs or banks and comply with RBI Digital Lending Guidelines. Paisa247 acts solely as a technology and loan comparison platform and does not participate in lending or credit decision-making.

Data Security & Privacy
Your data is handled securely and in accordance with our Privacy Policy: https://paisa247.in/privacy-policy

Customer Support: [email protected]