ZYPE Personal Loan
Max Tenure
up to 12 Months
Best Rate
18.00% p.a
Processing Fee
2.00%
Currently not available! for similar products
Do you need a personal loan instantly to fund your immediate expenditures like travel expenses, wedding costs, educational fees, medical bills, or anything for that matter? Don’t worry! You can easily get one from Zype and meet all your expenses. With Zype, you can get a personal loan of up to Rs. 5 lakhs at an interest rate starting from 1.5% per month. The amount will be transferred instantly to your bank account. You can repay the money in flexible EMIs of 3, 6, 9, or 12.
Key Highlights of Zype Personal Loan
Maximum loan amount | Up to Rs. 5,00000 |
Interest rates | From 1.5% per month onwards |
Repayment options | Choose between 3, 6, 9, and 12 EMIs |
Features of Zype Personal Loan
- Fast filling of application: The application can be completed in 8 minutes.
- Quick loan approval: You can get the loan approval as quickly as 60 seconds.
- Minimal documentation: You don’t require any physical copies of your documents for Zype personal loans. You just have to enter your PAN and Aadhaar numbers to get the loan.
- Instant processing and disbursal: Once your credit limit is approved, you just have to tap to get a loan.
- Data Privacy: Your personal information and data will always be safe with the encryption provided by the Zype app.
- Customized interest rates: You can get the best interest rate based on your credit profile.
- Collateral-free Loans: You can get Zype instant personal loans without pledging any asset.
Eligibility Criteria For Zype Personal Loan
- Age: The age should be 18 years or above
- Nationality: You must be an Indian
- Documents: You should have a valid PAN and Aadhaar card
- Minimum monthly salary: Rs. 15,000
Documents Required For Zype Personal Loan
- Mandatory documents: You should enter your PAN or Aadhaar number along with a few other details to obtain an offer of credit and to complete your KYC.
- Proof of photo identity: You will have to do a selfie-based verification to complete your KYC. This is a real-time photo verification.
- Proof of income (Optional): Your bank statements for the last 4 months should be uploaded to get a higher credit limit.
Personal Loan From Zype - Fees and Charges
Zype gives you a personal loan interest rate as low as 1.5% per month. The following table lists all the charges on Zype personal loans.Personal loan interest rate | Starting from 1.5% per month onwards |
Processing charges | Processing fees from 2% to 6% |
Late charges | Penal interest and late fees are to be charged on your total outstanding loan on a daily basis. |
How To Apply For A Zype Personal Loan?
It is very easy to apply for a Zype personal loan. It is a quick 3 step procedure
Step 1: Download the Zype app from the Play Store or App Store and create your account.
Step 2: Complete the application by entering your PAN along with some other basic details like your name and phone number.
Step 3: Get approval for a credit limit based on your credit profile within 60 seconds.
Step 4: Enter your Aadhaar number and do a selfie authentication .
Step 5: Select your desired loan amount and EMI option.
Step 6: Disburse the cash directly to your account with a single tap.
Types of Zype Personal Loans
- Two-Wheeler Loan Zype offers two-wheeler loans up to Rs. 5 lakhs to get your dream bike. You can apply for it in less than 8 minutes and get loan approval in 60 seconds.
- Travel Loans You can get a Zype travel loan up to Rs. 5 lakhs with ease. You can avail of the best travel loan deals and limited-time offers. You can thus preserve your savings for emergencies.
- Medical Emergency Loan What will happen if you have an unexpected hefty medical bill? Or, what if your medical insurance cannot cover the cost of medicines, cosmetic procedures, or treatments? In these situations, getting a personal loan from Zype will help you in a great way.
- Marriage Loan With Zype, you can get a marriage loan of up to Rs. 5 lakhs to fund all the related expenses like decorations, catering, wedding hall, and wedding clothes.
- Home renovation Loan The comfort and the facilities for a living space should never be compromised. But, you need funds to make facilities and do repairs in your living space. For this reason, you should take a Zype personal loan. You can get a loan up to Rs. 5 lakhs at a very minimal interest rate of 1.5% per month. It just takes 8 minutes to complete the loan application and 60 seconds for loan disbursal. You will be receiving the money in your registered bank account within 24 hours.
- Education Loan The cost of education includes tuition fees, living expenses (If you are relocating from your hometown or country), examination fees, notebooks and books, etc. It could be really expensive sometimes depending on the kind of course you do. So, to fund your educational expenses, you can take a personal loan from Zype.
- Flexi Loan A flexi loan is a loan in which you get approval for a credit limit. You can then borrow the desired amount from the credit limit and pay interest only on the borrowed amount. You can take as many loans you want from the credit limit. You will have to carefully repay the amount back according to your repayment plan. Once you repay a certain amount, the credit limit gets replenished with that amount. At Zype, you can get a flexi personal loan of up to Rs. 5 lakhs at an interest rate of 1.5% per month.
- Salary Loan A salary loan online is a short term personal loan offered by online lenders to help you meet your financial requirements. You can borrow the money you want and repay it in the form of small EMIs as soon as you receive your salary. Are you looking for a short term loan to resolve your immediate financial needs? Then, take one from Zype, which gives a personal loan of up to Rs. 5 lakhs and an interest rate of 1.5% per month.
- Long-term Loan An instant long-term loan is any loan with a long repayment tenure. Since high loan amounts are involved in such a loan, the long repayment tenures make the EMIs manageable. You can get a long-term loan from Zype and enjoy quick disbursal in just 60 seconds.
FAQs on Zype Loan:
1. Is Zype safe to use?
Zype encrypts certain sensitive information using Secure Socket Layer (SSL) technology to make sure that the user’s personal details are safe when it is transmitted to them. However, no data transmitted over the internet can be guaranteed to be completely safe.
2. What is the interest rate of a Zype loan?
Zype offers loans with interest rates starting from 1.5% per month i.e. in the range of 18% to 36% annually. Several variables including the applicant’s credit score, repayment tenure, monthly income, and more will impact the interest rates given to them.
3. How long does the Zype loan process take?
The application process for a Zype loan takes less than 8 minutes, and you can get the approval for the loan in just 60 seconds. The personal loan disbursal process is quick, and you receive the money directly into your account within 24 hours.