Upto 1 Lac.


Easy Process


No risk of asset loss


Key Attributes and Advantages of Obtaining a Personal Loan

One of the most significant advantages of obtaining a personal loan through Loanpey is the quick and straightforward application process, which can be completed entirely online. Additionally, the eligibility requirements for a personal loan are minimal, making it simple to apply. Once the personal loan is approved, the money is typically deposited into your account within a few days. Another notable benefit of a personal loan is that there are no restrictions on how the money is spent.

Whether you need to pay for unexpected medical bills or want to fund a dream vacation, the choice is entirely yours. Furthermore, borrowers can receive up to ₹1 Lakh depending on their income and credit score. The online loan repayment period is also flexible, allowing borrowers to tailor the loan repayment to their budget.

An easy repayment with multiple options i.e., through the UPI, payment through link, and etc helps customers to enhance their credit score and at same time they get the eligibility for reloan. So, the instant loan financially helps customers in existing situations as well as for the future.

Please read these terms carefully. By using this website, you agree to bound by all of the terms and conditions of this agreement.


Terms of Use

1.1 Thank you for visiting by accessing or using the website whether automated or otherwise, you, a registered or guest user in terms of the eligibility criteria set out herein (“User“), agree to be bound by these Terms and Conditions (“Terms of Use“) and any additional terms and conditions that are referenced below or otherwise may apply to specific areas of the website, from time to time. We encourage our Users to read these Terms of Use carefully while using the website.

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Rates & Charges

Minimum Loan Amount
Rs. 5,000 /-
Maximum Loan Amount
Rs. 200,000 /-
Tenure Days
90 Days to 365 Days
Processing Fee
2% of loan amount
No Pre
No pre - closure charges
ROI (Rate of interest)
@ 2% to 2.72% Monthly
APR (Annual Percentage Rate)
@ 18% to 36%
Cheque bounce charges
Rs. 1000 /-
Loan amount Tenure Interest Rate Admin Fee APR Amount Deposit Monthly EMI Total interest
100000 12 32.64% PA 2000 35.96% Rs. 98000 9847 18168

How to Calculate the APR

APR can be calculated with the help of all the factors pertaining to the loan i.e., rate of interest, principal amount, applied fess and the period or the tenure for which the loan has been availed. Thereafter, it can be computed by multiplying the rate of interest by the time period and the principal amount added with all the applied fees. However, the rate of interest will vary on the credit score and the contemporary terms and conditions of the lender.

Our Rate of Interest and Fees

We are providing a competitive rate of interest, however, it can differ as per the credit score, income ratio, and considering the existing liabilities of the borrowers.

Documents Required & Eligibility Criteria

We don't need any physical documents from you. Just keep a clear scanned copy of below listed documents for personal loan processing.

  • Indian resident
  • Salaried Employee/Business Owner/Self Employed
  • Above 21 years of age
  • Savings Bank Account Holder
  • Fair CIBIL Score
  • Completely filled personal loan application. Indian resident
  • PAN Card
  • Residence proof – Passport, Driving Licence, Voter ID,      Postpaid/Landline Bill, Utility Bills (Electricity/Water/Gas).
  • Bank statements for the last 3 months of salary account.
  • Salary Slips of last 6 months.