PaySense is an NBFC. Naspers backed consumer lending platform PaySense acquired a non-banking finance company in 2019. It lends on its own. PaySense acquired an NBFC by paying some 3 crores, and the buyout allowed the firm to acquire an NBFC license, which is a must to begin lending according to RBI’s rule.
(Reference for fact: https://economictimes.indiatimes.com/markets/stocks/news/paysense-explores-lending-opportunity-acquires-an-nbfc/articleshow/72043462.cms)
What Are The Features of The PaySense Instant Personal Loan?
Often, unforeseen expenses like medical expenses, holiday expenses, funds for education, etc. crop up suddenly. During these times, we need instant cash to meet these expenses. Instant personal loans come in handy during these times. While going in for instant personal loans from banks takes some time for applying, verification, and disbursal, there are many instant personal loan apps such as PaySense which enable you to get quick funds.
Here are some features of the PaySense instant personal loan app.
Instant personal loans:
Get instant personal loans from Rs. 5000 to Rs. 5 Lakhs to fit all your needs and dreams.
Quick approvals and disbursals:
Get instant loan approval and money in your account.
Paperless Documentation:
You can upload pictures of your KYC documents online and sign your loan application digitally.
EMI Plans are affordable:
EMI plans are easy to manage since you will get reminders and auto-debit features. You can make timely payments.
You can get a personal loan with no credit history because PaySense serves the users who are new to the credit and lending system.