Personal Loans with Flexible EMIs – Swift Processing, Subject to Eligibility
- 💼 Personal Loan up to ₹5 Lakh
- 👨 For Salaried Professionals Only
- 📊 No Collateral Required
- 💳 Minimum Monthly Salary: ₹25,000
- 📝 Minimal Documentation
- 🔁 Flexible EMI Options Available
Apply Loan Online
Personal Loan
Get a Personal Loan for All your Financial Needs
CashPey offers personal loans designed to bridge the gap between your financial needs and their fulfilment. Whether you need funds for home appliances, home renovation, education fees, or other household expenses — our personal loan provides quick and accessible financial support to eligible customers. We offer EMI-based repayment plans to make borrowing simple, structured, and stress-free.
Features and Benefits of Personal Loans
Quick Approval Process
Once you submit your application form and documents, our team reviews and processes it promptly. Approval is subject to income eligibility and credit score as per our lending policy.
Competitive Interest
Our personal loans come with competitive interest rates, with no hidden additional charges, helping you plan your repayments and manage your finances effectively.
No-Hidden Charges
All applicable fees and charges are clearly disclosed upfront before you proceed. There are no hidden costs — what you see is what you pay.
Tenure from 3 to 36 Months
Choose a repayment tenure between 3 to 36 months with EMI options structured around your income, making monthly repayments manageable and predictable.
24/7 Loan Assistance
Our personal loan for multiple purposes is always available with the online application, which is the better option for all customers, especially those looking for instant financial support.
No-Collateral Required
Our personal loan is an unsecured loan — no collateral or asset is required. Loan eligibility is determined based on your income and credit score as per our lending criteria.
Eligibility criteria for the Personal Loan
Income / Age
The loan amount is decided based on the monthly income that can help you get the loan. The minimum income to get a personal loan is 25,000 per month, the eligible age group is between 21 to 60 years.
Credit Score
The credit score for a personal loan should be at least 685 or more and the loan amount, interest, and tenure are decided based on the credit score whether for salaried.
Documents and transactional history
The documents must be complete for the personal loan and it is one the most essential components to ensure the eligibility criteria. So, the documents must be completed to get a personal loan.
All Applicable Charges
| Rate of Interest per annum | 18% to 36%. |
|---|---|
| Processing Fees | 5% of Loan Amount + 18% GST. |
| Stamp Duty (as per respective state) | Payable as per state laws and deducted upfront from loan amount. |
| e-NACH dishonored charges | 500 + 18% GST (non- payment of installment (s) on their respective due date due to dishonor of payment mandate.) |
| Penal Charge | 2% (monthly on overdue loan amount, pro-rated for the number of days of overdue.) |
| Pre/fore-closure charges | 7% (of the remaining Principal amount + applicable GST) , subject to 3 months consecutive EMI payment with all applicable charges.) |
| Recovery charges/Legal charges | As per the policy. |
| Part-payment, EMI pre-payment, e-NACH swapping charges. | NA as Facility not available. |
EMI Loan
EMI Loan Calculator – Plan Your Monthly Repayments with Clarity
CashPey's EMI Loan Calculator helps you make informed borrowing decisions. Simply enter your loan amount, interest rate, and preferred tenure to estimate your monthly repayment amount before applying. Our personal loans offer flexible tenure options and a straightforward application process. Pre-payment facilities are also available, giving you greater control over your repayment schedule and supporting responsible financial management.
Loan Disbursed
₹ 79,985.00APR
-- %PMT or EMI
₹ --* The figures above are indicative estimates only. Actual loan amount, interest rate, and EMI may vary based on your eligibility, credit profile, and applicable terms. All loans are subject to approval. Maximum APR: 36%.
Simple Steps to Apply for a Personal Loan
1. Apply Now
Click the button “Apply Now”
2. Application Form
Fill in the details in the Application form
3. Documents Submit
Upload your required documents and submit
4. Approval
Get the response from our executives
5. Deposited
Get the loan amount after approval and disbursal
6. Repay
Choose the tenure and repay your EMIs
Empowering You With Smarter Financial Choices
Flexible tenure with simple EMI options.
Competitive interest rates.
Convenient online application accessible 24/7.
No collateral required — eligibility based on income and credit profile.
All applicable fees and charges are disclosed upfront before loan disbursal.
How to calculate the EMI on a Personal Loan?
To calculate your personal loan EMI, you will need your loan amount, rate of interest, and repayment tenure in months. Enter these details into the EMI calculator to estimate your monthly repayment amount, total interest payable, and overall repayment cost. The EMI is calculated using the following formula:
EMI Example
Just for instance, if you are borrowing a loan amount of Rs 1,00,000 with an annual interest of 24% for one year i.e., 12 months with 5% processing fees, the the repayment tenure ranges from 3 to 36 months, depending on the loan amount and eligibility criteria.
1,00,000/-
Principle Loan Amount
9456/-
Monthly EMI
13,471.50/-
Total Interest
36.05%
APR
1,13,471.50/-
