What is the interest rate for personal loan?
The interest rate is decided as per your loan eligibility and credit evaluation. The interest rate starts from 12% and can go all the way up to 36%
Why to take personal loan from 5paisa P2P?
5paisa P2P is RBI certified NBFC-P2P which offers personal loans at low-interest rates to borrowers. We offer a completely online process with paperless documentation and fast disbursement.
Who are the lenders for my loan?
You will be funded by multiple lenders; each lender will fund a part of your loan at the interest rate as per your loan eligibility. For example, if your loan amount is Rs50,000, 10 lenders will lend Rs5,000 each to complete your loan requirement. ...
What are the fees and charges applicable for personal loan?
The only fee applicable is a processing fee in the range of 2.5% to 4.5% on the approved loan amount on 5paisa P2P platform
How to take loan from 5paisa P2P?
You can take a personal loan in just four simple steps. They are as follows: Register online and create an account Upload required documents Accept loan agreement Loan gets disbursed in your bank account
What amount of personal loan can I take and what will be the tenure?
You can avail loan starting from Rs 30,000 to Rs 10,00,000 depending on your eligibility. Loan tenure starts from 6 months and can go up to 36 months.