PaySense Business Loan

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Location Pan India
CIBIL Score 700+
Processing Online
Business Vintage 3 Year
Minimum Turnover 2.50 Lac ITR required, No Turnover required
Loan Amount & Tenure 50K- 10 Lac
(6 month- 60 Month)
Loan Product Term Loan
Rate of Interest & Type 18% to 30% (Reducing)
TAT Sanction-1 Days
Disbursement-2 Days
Processing Fees 2% to 6%
Foreclosure Charges 4%
Applicant Type Only Individual (Proprietor or Self Employed Professional)
Whether Co-Applicant Mandatory No
Proprietor Age/Co-Applicant Age 22 Year-57 Year
Part Payment Allowed No
Whether Ownership Proof Required No
Business Registration Proof Mandatory Yes, 3 Year Old ITR required with business name
Program ABB Program-10 Lac, ITR Program-10 Lac
Product for Professionals No
Negative Profile No Negative Profile
USP 1. Funding to both side rented applicant
2. Funding on ITR basis
Additional Partners or Directors can apply in their individual name

PaySense Business Loan EMI Calculator

Interest Type

Loan Amount

Interest Rate


Loan Tenure

Loan Amount100,000
Interest %18 %
Tenure (months)12
Emi (monthly)9,168
Total Interest10,016
Loan Amount + Interest110,016
YearTotal Principal
( A )
Total Interest
( B )
( A + B)
Total Payment Loan Paid Till Date (%)
23,3514,15327,50476,64923.35 %
Oct7,6681,5009,16892,3327.67 %
Nov7,7831,3859,16884,54915.45 %
Dec7,9001,2689,16876,64923.35 %
76,6515,86182,5120100.00 %
Jan8,0181,1509,16868,63131.37 %
Feb8,1391,0299,16860,49239.51 %
Mar8,2619079,16852,23147.77 %
Apr8,3857839,16843,84656.15 %
May8,5106589,16835,33664.66 %
Jun8,6385309,16826,69873.30 %
Jul8,7684009,16817,93082.07 %
Aug8,8992699,1689,03190.97 %
Sep9,0331359,1680100.00 %

Documents Required for PaySense Business Loan

Let’s look into the eligibilities and required Documentation to make your application process even smoother:

  • KYC of applicant (Adhar Card, Pan Card, Passport Size Photo)
  • Last 2 year ITR with computation of income of applicant 
  • Last 6 month Bank Statement of applicant 
  • Latest utility Bill of residence if owned or rent agreement if rented
  • Latest utility Bill of Office if owned or rent agreement if rented

About PaySense Business Loan

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.

Visit Our Website

For the first step, you will have to visit our website to explore the loan options that fit your needs.

Select and Apply

Once you shortlist the loan you have been looking for, apply for it, and proceed with the further process.

Submit Your Document

One of the most important steps. Now you will have to submit all the required documents digitally.

Enjoy Your Financial Freedom!

Once your application is approved based on your eligibility, you will receive your loan amount shortly.

Leave Your Question


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.

Repayment options include EMIs through NACH mandate or post-dated cheques, and online methods like account transfer, cheque, IMPS, or NEFT.

Yes, PaySense allows early loan settlements. Within 3 days after receiving the loan amount, no foreclosure charge or interest is required as part of their "Cooling off period" policy. After 3 days, applicable foreclosure charges and interest apply

Yes, PaySense evaluates eligibility based on income and bank statements, regardless of credit history.

Yes, PaySense is an RBI-registered NBFC-P2P lending platform.

Reach out via email at [email protected], call +91-22-62820570, or chat on their website or app.

The PaySense Business Loan offers numerous benefits: It requires no collateral or guarantor, has a simple online application process with minimal documentation, competitive interest rates and flexible EMI options, instant approval, and quick fund disbursal. You can also customize your loan amount and tenure.

 PaySense Business Loan drawbacks include a processing fee up to 6% of the loan amount, no part-payment option, a high foreclosure charge, and a high late payment charge of Rs. 500 + GST.

Monitor your PaySense Business Loan status by logging into your PaySense account on their website or app, or by entering your mobile number and OTP on their website.

Improve your PaySense Business Loan eligibility by enhancing your credit score, increasing your income, reducing your existing debt obligations, maintaining a good repayment history, and opting for a longer loan tenure.