Loanpey – Instant loans for bills, rent, school fees, appliances & more. Easy application, fast approval, flexible repayment. Trusted financial help when you need it most!

Loanpey – Instant loans for bills, rent, school fees, appliances & more. Easy application, fast approval, flexible repayment. Trusted financial help when you need it most!

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Personal Loan

What is Personal Loan?

Personal Loan - Apply Now

LoanPey offers instant personal loans to help you meet your various financial needs. With quick disbursal, you can now breathe life into your dreams with same-day loan approval. Whether you want to revamp your home, plan a long-awaited vacation or wedding, or fund your child’s education, look no further than an Instant personal loan - a practical solution for your financial goals.

Our loans offer you attractive interest rates, flexible repayment options, and zero hidden charges. Apply now for a personal loan from LoanPey and access quick funds.

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Feature & Benefits

Features and Benefits of a Personal Loan

Running short on funds? At LoanPey, we understand the urgent need to grab those funds, and our urgent loan serves your purpose just the way you want. Our unwavering commitment to providing unmatched loan services makes us a reliable name in the industry. Expect a borrowing experience like no other! Our list of features and benefits makes short term loans an outstanding choice:

5-Minute Approval

When applying for a personal loan online, gaining quick access to funds is what you are after. Don’t worry! All it takes is 5 minutes for approval on a personal loan.

Less Paperwork

LoanPey helps you save time and effort by allowing you to submit minimal documents when applying for a short term personal loan.

A Competitive Interest Rate

At LoanPey, we offer an attractive interest rate from 2% to 2.72% monthly. Securing a personal loan was never this affordable!

No Collateral Needed

Applying for an instant personal loan requires no collateral, making it unsecured. Look forward to making the most of a collateral-free experience. Need we say more?

Avail a Loan Up to 1 Lakh

Get a loan amount of up to 1 Lakh to manage your expenses, considering your urgency.

Digital Application Process

At LoanPey, we offer you a 100% paperless, quick, and simple loan application process. Get the required funds for renovation right from the comfort of your home.

Services

Types of Personal Loans

Loan to Clear Your Bills

Worried about your pending credit card bill(s) lately? Paying bills feels like a burden. With an urgent loan, you can clear credit card bills and prevent being charged with penalties. Boost your credit score by paying your bills on time - a smart move that will work to your advantage at every step.

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Shopping Loan

Desiring that stunning attire to own the moment at an occasion? Or, a fab item you cannot wait any longer to acquire? Unfortunately, you have been hit pretty badly by tight finances. But not anymore! With an instant personal loan, look forward to financial freedom. Purchase anything you need urgently!

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Travel Loan

Planning to take a long-awaited vacation with your loved ones, but cannot due to a shortage of funds? No worries! An instant personal loan from LoanPey is just what you need to get going to your chosen destination. Turn your dream of exploring the destination you have always wanted into reality, feeling confident with a personal loan.

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Medical Loan

A medical emergency never comes calling! You never know when you might need funds required at the time of hospitalization. Facing an unexpected medical expenditure won’t do any good. A personal loan offers you peace of mind by covering the cost of surgeries, medical treatments, and hospital stays.

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Home Renovation Loan

Thinking of giving a fresh makeover to your home? Feeling tight on cash? At LoanPey, we have what it takes to beautify your home décor, i.e., a short term loan. Transform your dream home the way you want with an instant personal loan. It’s about time you transformed your home!

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Process

Steps to Apply for a Personal Loan

01

Apply Online

Apply online with the amount you require.

02

Submit Documents

Submit the documents necessary for further action.

03

Get Approved

Get the loan application verified and approved in a few hours.

04

Receive Funds

Receive the loan amount within 2 hours.

Eligibility

Eligibility Criteria You Must Meet When Applying for a Personal Loan

1. Age Between 21 and 60 years of age.
2. Nationality Must be an Indian citizen.
3. Monthly Income A minimum monthly salary of Rs 30,000 monthly.
4. Credit Score 750 or above.
5. Work Experience At least 1 year of work experience.
6. Credit History A good repayment track record with previous loans is necessary.
EMI Calulator

Personal Loan EMI Calculator

Your monthly repayment capacity does not have to cause a strain on your budget. It is a crucial element that decides the amount you can easily pay every month. Look no further than the tool as flexible and user-friendly as a personal loan EMI calculator - make your financial commitments affordable! This is because it allows you to estimate the monthly amount to be paid over a mentioned tenure.

Using this flexible tool works to your advantage as it helps you analyze your financial commitments. It allows you to determine how much you can afford to pay as an EMI for the instant personal loan you borrowed from a bank or financial institution. Leaving no scope for error, it helps you save your valuable time that you would otherwise utilize to perform intricate calculations manually.

A Personal Loan EMI Calculator makes it easier for you to decide on a loan amount and tenure without any second thoughts.

Interest Rate

Personal Loan Interest Rate

Loan Interest Rate

2% to 2.72% monthly

Loan Amount Offered

INR 5,000 to 1 Lakh

Loan Processing Fee

2% of the loan amount

Loan Tenure

90 days to 12 months

APR

Personal Loan APR Calculator

Loan Amount

50,000
₹ 10,000 ₹ 2,00,000

Tenure (Days)

30 Days
7 days 365 days

Rate of Interest (Daily %)

1%
0.1% 5%

Processing Fees

10 %
1% 20%

Interest Amount

15,000.00

Processing Fees

5,000.00

Total Repayment

70,000.00

APR

58.39 %
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FAQs

Frequently Asked Questions

Being an unsecured loan, a personal loan is an amount granted to individuals to help them meet various personal requirements. These include home renovation, wedding, education, medical emergencies, or consolidating debt.

It usually takes 24-48 hours for funds to be transferred into your linked bank account once your loan application is approved. However, some lenders offer quicker disbursal times.

You will need basic documents, such as an identity proof, address proof, and income proof. You will also require recent bank statements to meet eligibility criteria.

Absolutely! Most lenders or financial institutions allow you to settle your loan before the term comes to a close. However, you must ensure checking for prepayment or foreclosure fees (if any).

If you have a stable income and a great credit history, you qualify to avail of a personal loan facility. However, age, income, and credit score are some eligibility requirements that may vary from lender to lender.

Goodskill Securities And Services Ltd | CIN - U74899DL1990PLC040437

Important*- As a registered NBFC with the Reserve Bank of India and following all the guidelines of the regulatory authorities, Loanpey provides loans to all eligible customers, where we accomplish our lending services through our website and CRM. Apart from this, we would like to inform our customers and the general public that we don’t have any app on android or appstore, and we are not disbursing through any mobile app. Therefore, please beware of any lending application that is copying our name and disbursing loans in our name through mobile apps, and please inform us in such circumstances where someone is trying to cheat through the unauthorized loan app by copying our name and logo.