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Personal Loan
At CashMyPayment, we understand that life can be unpredictable. Whether it’s funding your dream vacation, covering unexpected medical bills, or consolidating existing debt, a personal loan is your trusted companion for managing financial needs with ease.
With CashMyPayment, you gain access to a hassle-free, instant, and secure personal loan service tailored to meet your unique requirements.
EMI for Personal Loan
Trusted by Thousands
4.8/5 Google My Business Rating
Trusted by our customers across India for quick, transparent, and reliable services.
Key Features & Benefits of CashMyPayment Personal Loan
Instant Loan Approval & Quick Disbursal
Apply online with just a few clicks and get approved instantly. Receive the approved amount in your bank account quickly after approval.
Paperless, Digital, Hassle-Free Process
Skip long queues and paperwork! Complete your loan application entirely online with minimal, easy-to-provide documentation.
Transparent & Competitive Interest Rates
We believe in fairness. Our loan options come with no hidden charges, and we offer competitive interest rates to keep your repayment simple and affordable.
Flexible Loan Amounts to Meet Every Need
From ₹5,000 to ₹1,00,000, borrow what you truly need—whether it's for medical emergencies, debt consolidation, family events, education, or unexpected expenses.
Repayment Flexibility Tailored to Your Situation
Choose monthly EMIs or lump sum payments that align with your financial situation. We value financial adaptability for every customer.
24/7 Customer Support to Guide You
Questions? Need help? Our expert support team is available anytime to ensure you feel supported throughout your journey.
Secure & Reliable Financial Services
We prioritize security using advanced encryption protocols. Your data is completely protected with us.
Trusted & Accessible Across India
Serving cities like Delhi-NCR, Mumbai, Bengaluru, Hyderabad, Pune, Kolkata, and more, we ensure that our services are accessible to customers nationwide.
Eligibility Criteria for Personal Loans
At CashMyPayment, we believe in simplifying the loan process. Before you apply, here’s what you need to qualify for a personal loan:
| Criteria | Requirement |
|---|---|
|
Age |
Between 21 to 58 years |
|
Employment Status |
Must be a salaried employee |
|
Minimum Monthly Income |
₹35,000 or more |
|
Bank Account |
Salary must be credited to a designated bank account |
|
Credit History |
No defaults in the last 24 months |
|
Loan Purpose |
Medical emergencies, debt consolidation, family needs, or urgent expenses |
Documents Required
CashMyPayment values time and ease. Here’s the list of documents to process your loan:
| Document Type | Details/Requirements |
|---|---|
|
PAN Card |
A valid, government-issued PAN Card. |
|
Aadhaar Card |
Proof of identity and address |
|
Last 6 Months’ Bank Statement |
Reflects salary credits and spending habits |
|
Salary Slips (Last 3 Months) |
Proof of steady income from employment |
|
Company ID/Employment Proof |
Confirmation of employment with your current employer |
|
Passport-Sized Photograph |
Recent passport-sized photo (digital or scanned copy) |
|
Any Additional Documents |
As per lender’s requirement during processing |
Rates and Charges
We value complete transparency in financial services. Here are the key details:
| Details | Terms |
|---|---|
|
Minimum Loan Amount |
Rs. 5,000/- |
|
Maximum Loan Amount |
Rs. 1,00,000/- |
|
Tenure Days |
90 to 365 Days |
|
Processing Fee |
2 – 10% of loan amount |
|
ROI (rate of interest) |
@ 0.2% – 1% per day |
|
Pre-closure Charges |
Nil (No pre-closure charges) |
|
APR (Annual Percentage Rate)
|
@ 18% – 36% per annum |
|
Cheque bounce charges
|
Rs. 1000/- |
Monthly Payment Example
Representative Example
| Details | Terms |
|---|---|
|
Loan Amount |
Rs. 1,00,000 |
|
Tenure |
Rs. 12 Months |
|
Rate of Interest |
32.64 % PA |
|
Admin Fee |
Rs. 2,000 |
|
APR |
35.96% |
|
Amount Deposit
|
Rs. 98,000 |
|
Monthly EMI
|
Rs. 9,879 |
|
Total Interest
|
Rs. 18,548 |
*Disclosure
This is a representative example provided for illustration only. The actual interest rate, processing fee, and repayment tenure may vary based on the applicant’s profile, credit score, and eligibility as assessed by CashMyPayment (A brand of Sawalsha Leasing & Finance Pvt. Ltd., RBI Registered NBFC – B-14.02743). All loans are offered with repayment periods of 90 days to 365 days or more , and no short-term or payday loans are issued.
This is a representative example provided for illustration only. The actual interest rate, processing fee, and repayment tenure may vary based on the applicant’s profile, credit score, and eligibility as assessed by CashMyPayment (A brand of Sawalsha Leasing & Finance Pvt. Ltd., RBI Registered NBFC – B-14.02743). All loans are offered with repayment periods of 90 days to 365 days or more , and no short-term or payday loans are issued.
How It Works
Getting your Personal Loan is fast, simple, and straightforward. Follow these easy steps:
Step 1: Apply Online
- Visit our website and fill out the online application form with your details.
Step 2: Instant Review
- Your application is reviewed instantly using advanced algorithms.
Step 3: Quick Approval & Disbursal
- Once approved, receive your loan amount in your bank account within hours.
Step 4: Flexible Repayment
Choose repayment options that suit you best:
- Automatic Debit via NACH
- Online Bank Transfers (RTGS, IMPS, NEFT)
- QR Code Payments
Frequently Asked Questions (FAQs)
Can I prepay my personal loan?
Yes, you can close your loan early without penalty.
How soon will I receive the funds?
Funds are disbursed within hours of approval.
Is the loan unsecured?
Yes, our loans are completely unsecured. No collateral is required.
What happens if I miss an EMI?
Late payment fees apply, and your credit score may be affected. Contact us immediately for assistance.
What is the minimum loan amount?
The minimum loan amount is ₹5,000