PayMe Online Personal Loan App 20.1.0

PayMe Online Personal Loan App 20.1.0

Huey Tech Pvt Ltd. – Freeware – Android
Latest Version
20.1.0
Safe to install

Streamline Your Finances with PayMe Online

David Fischer

PayMe simplifies personal loans with a user-friendly interface and quick approval process, making it easier for borrowers to manage their finances on-the-go.
2025 Editor's Rating

PayMe is a digital lending app and lending service provider that offers instant personal loans online through their mobile app. With a user base of over 6 million in India, this platform has gained trust for its seamless experience and attractive interest rates. Users can expect their loan amount to be directly credited to their account within a day of applying for a quick online loan. PayMe collaborates exclusively with RBI-registered NBFCs and banks, ensuring the safety and security of salaried and self-employed individuals who require instant access to funds.

  • Instant Personal Loans Online up to ₹10 lakhs
  • Interest Rate: 36-54% p.a.
  • Tenures: 3-24 months
  • APR: 21-156%
  • Processing Fee: 2-10%

PayMe offers several benefits and features:

  • Convenience: Avail a quick online personal loan anytime, anywhere
  • 100% Paperless: No physical paperwork required to avail an online loan from our app
  • Fast loan approval: Get your loan approved within a few minutes through our online personal loan app
  • Easy repayment options: Repay one-time or in manageable EMIs of 3 to 24 months
  • Transparency: No hidden costs or extra charges are levied on your instant personal loan
  • Guarantees: No collaterals required for an instant personal loan
  • Check your CIBIL score: Use PayMe app to check your CIBIL score instantly for FREE

PayMe offers different types of personal loan offerings:

  • Short-term loan (Bullet loans): Users can avail quick personal loans up to ₹50,000 and make one-time repayments up to 90 days
  • EMI Loan: Apply online for an instant personal loan up to ₹10 Lakhs with an easy repayment tenure of 3 to 24 months
  • Empowerment Loan: Specially personalized loans for women, with repayment terms between 3-24 months that can be tailored according to their needs.

The eligibility criteria for the PayMe online personal loan app are:

  • Indian resident
  • Above 18 years of age
  • Salaried / Self-Employed
  • Bureau Score (CIBIL Score) must be greater than 650
  • At least ₹15,000 monthly income, after all deductions

Reasons to choose PayMe:

  • Quick Online Personal Loan for all your big and small needs: Whether it is buying a car, refurnishing your house, saving up for your child's education or meeting last-minute emergency requirements, PayMe has it all covered.
  • Security: Our selection process is limited to RBI-certified NBFCs and banks, guaranteeing high transparency, safety, and security.

PayMe's lending partners include:

  1. Mamta Projects Private Limited
  2. Payme India Financial Services Private Limited
  3. Transactree Technologies Private Limited
  4. NDX P2P Private Limited
  5. Finkurve Financial Services Limited

The documents required for the instant loan app are:

  • Selfie (for face identification)
  • PAN card
  • ID Proof (Voter ID/Passport/Aadhar Card)
  • Proof of address (Voter ID/Passport/Aadhar Card)
  • 3-month bank statements showing salary deposits in order to access a higher credit limit.

Example: Term Loan

  • Loan Amount: ₹10,000
  • Tenure: 12 months
  • Rate of Interest: 36% p.a.
  • Processing Fee: ₹500 (5%)
  • Interest accumulated: ₹2,055.45 (on reducing principal balance)
  • EMI: ₹1,004.62
  • Total cost of the loan: ₹12,255.45
  • APR: 26% p.a.

Example: Bullet loan (One time repayment)

  • Loan Amount: ₹10,000
  • Tenure: 70 days
  • Rate OF Interest: 36% p.a.
  • Processing Fee: ₹300 (3%)
  • Interest accumulated: ₹700
  • One time repayment: ₹10,700
  • Total cost of the loan: ₹11,000
  • APR: 39%

To apply for a personal loan on PayMe:

  1. Install the PayMe loan app and register with your mobile number or email-id
  2. Fill in all required details: Name, Address, and Bank account.
  3. Upload ID proof like an Aadhar/PAN card for KYC
  4. Get your Credit limit assigned.
  5. E-sign the agreement and sign-up for ENach/EMandate
  6. Your loan amount will instantly be credited to your bank account after completing the process.

Contact us:

📞 - 0120-697-1400

🏢 - Logix InfoTech Park D-5, 3rd Floor, sector 59, Noida, UP-201301

Read privacy policy, visit- https://www.paymeindia.in/privacy-policy

Overview

PayMe Online Personal Loan App is a Freeware software in the category Business developed by Huey Tech Pvt Ltd..

The latest version of PayMe Online Personal Loan App is 20.1.0, released on 12/16/2023. It was initially added to our database on 11/04/2023.

PayMe Online Personal Loan App runs on the following operating systems: Android.

PayMe Online Personal Loan App has not been rated by our users yet.


David Fischer

David Fischer

I am a technology writer for UpdateStar, covering software, security, and privacy as well as research and innovation in information security. I worked as an editor for German computer magazines for more than a decade before joining the UpdateStar team. With over a decade of editorial experience in the tech industry, I bring a wealth of knowledge and expertise to my current role at UpdateStar. At UpdateStar, I focus on the critical areas of software, security, and privacy, ensuring our readers stay informed about the latest developments and best practices.

Latest Reviews by David Fischer

Screenshots (Click to view larger)

Secure and free downloads checked by UpdateStar

Stay up-to-date
with UpdateStar freeware.

Latest Reviews

X XiaomiOfflineDiagramTool
Effortless Offline Diagram Creation with XiaomiOfflineDiagramTool
V VTransfer
Effortless File Transfers with VTransfer
EPSON USB Display EPSON USB Display
Enhance your presentations with EPSON USB Display
Java SE Development Kit Java SE Development Kit
Powerful Java Development Tools by Oracle
Pawns.app Pawns.app
Streamline Your Digital Workspace with Pawns.app
Maxthon Maxthon
Maxthon: A Fast and Feature-Rich Web Browser
UpdateStar Premium Edition UpdateStar Premium Edition
Keeping Your Software Updated Has Never Been Easier with UpdateStar Premium Edition!
Microsoft Visual C++ 2015 Redistributable Package Microsoft Visual C++ 2015 Redistributable Package
Boost your system performance with Microsoft Visual C++ 2015 Redistributable Package!
Microsoft Edge Microsoft Edge
A New Standard in Web Browsing
Google Chrome Google Chrome
Fast and Versatile Web Browser
Microsoft Visual C++ 2010 Redistributable Microsoft Visual C++ 2010 Redistributable
Essential Component for Running Visual C++ Applications
Microsoft Update Health Tools Microsoft Update Health Tools
Microsoft Update Health Tools: Ensure Your System is Always Up-to-Date!

Latest Updates


솔라온케어 1.8.02

The true neglect of solar power plants begins now! Introducing SolarOnCare, the only domestically tailored subscription service created by solar energy experts to manage solar power plants effectively.

FlowSavvy: Auto-Scheduling 2.56

FlowSavvy offers a core free plan with the option to upgrade to FlowSavvy Pro; detailed comparison of features and pricing can be found at https://flowsavvy.app/pricing. An internet connection is required for optimal functionality.

AVapp 7.0

The application offers a suitable platform for streaming Over-The-Top (OTT) content. It allows users to access television services from their preferred providers seamlessly across a range of devices, including mobile …

Track & Graph 6.0.0

Track & Graph is a tool designed to facilitate the recording, visualization, and analysis of personal data related to daily habits and activities.

distrikt 1.7.1

The platform offers a unique solution for professionals seeking to expand their networks while prioritizing data privacy.

주소/우편번호 찾기 (도로명, 지번, 영문, 우편번호) 2.6

This Android application provides comprehensive address and postal code lookup functionality, allowing users to retrieve the following information: Street address (road name address) Parcel-based address (lot number address) Postal code …