Instant Personal Loan Disbursal in 3 Hours
A personal loan is a quick and hassle-free way to cover various financial needs such as debt consolidation, home renovations, medical emergencies, or even wedding expenses. At Impye, we offer flexible and personalized loan solutions that help you reach your financial goals swiftly. Whether you're planning a major purchase or handling unexpected expenses, our personal loans provide fast access to funds with competitive interest rates.
- Simple documentation process
- Interest rates starting at 10.25%*
- Flexible repayment terms of up to 5 years
- Loan amounts up to ₹40 Lakh - ₹1 Crore
Your Application is recived.
1+ Million
Happy Customers
Rs. 250+ crore
Monthly Personal Loans Disbursal
Wide Range of 60+
Partner Banks & NBFCs
Support team 500+
Team Size of Experts
Why Choose a Personal Loan?
Life comes with unexpected expenses. Here are some key reasons why a personal loan might be the right choice:
- Debt Consolidation: Simplify high-interest debts into a single, affordable payment, reducing your EMIs by up to 45%.
- Home Renovation: Give your home a fresh look without draining your savings.
- Medical Emergencies: Get immediate financial support for medical treatments.
- Wedding Expenses: Finance your dream wedding with ease and flexibility.
- Education Costs: Support your or your child's higher education without the financial stress.
At Impye, we offer customized loan solutions to meet the unique financial needs of every borrower.
Why Choose a Personal Loan from Impye?
Here’s why our personal loans stand out from the rest:
- Quick Processing: Get loan approval within 3 hours in most cases, ensuring fast access to funds.
- No Collateral Needed: Our personal loans don't require you to pledge any assets.
- Flexible Repayment Tenures: Choose repayment terms that suit your financial plans, from 12 months to 84 months.
- Competitive Interest Rates: Enjoy some of the most affordable rates in the market, starting from 10.25%.
- Simple Eligibility Criteria: Whether you're salaried or self-employed, applying for a personal loan with us is easy.
- Complete Transparency: With Impye, there are no hidden charges or fees throughout the process.
How to Apply for a Personal Loan
Applying for a personal loan with Impye is straightforward. Follow these steps:
- Check Eligibility: Use our online calculator to see the amount you're eligible for.
- Fill Out the Application: Provide basic details such as name, contact info, and loan amount.
- Submit Documents: Upload your ID, income proof, and address verification online.
- Loan Approval: Our team will review your application, and you could receive approval within 3-24 hours.
- Funds Disbursement: After approval, the loan amount is credited to your account.
At Impye, we’ve streamlined the loan process so you can focus on your financial needs without the hassle.
Eligibility Criteria
To qualify for a personal loan with Impye, you need to meet these criteria:
- Age: You must be between 21 and 60 years old.
- Income: Salaried individuals need a minimum monthly income of ₹25,000, while self-employed individuals must demonstrate steady income.
- Credit Score: A credit score of 650 or above improves your chances of approval.
- Employment: Salaried individuals should have at least one year of employment; self-employed individuals need three years of business continuity.
- Residency: You must be a resident of India.
We cater to both salaried and self-employed individuals, providing customized loan options based on your financial profile.
Documents Required
Here’s a list of documents you’ll need to apply for a personal loan:
- Identity Proof: Aadhar, PAN, Passport, or Voter ID.
- Address Proof: Utility bill, rental agreement, or any government-issued proof.
- Income Proof: Salary slips for salaried individuals and bank statements or IT returns for self-employed.
- Bank Account Details: A canceled cheque or recent bank statement.
Upload these documents digitally for a seamless application process.
Interest Rates & Fees
Impye offers competitive interest rates and transparent fees. Here’s a breakdown:
- Interest Rates: Start from 10.25% per annum, depending on your credit score and loan tenure.
- Processing Fee: A nominal fee of 1-2% is charged at the time of loan approval.
- Prepayment Charges: If you choose to prepay, a fee of 2-4% applies on the outstanding amount.
- Late Payment Fees: Avoid late fees by ensuring timely payments, or a penalty of 1.5-2% per month may apply.
We’re committed to offering affordable, transparent loans with no hidden charges.
Impye offers a quick and transparent loan process. With flexible repayment options and competitive interest rates, our personal loans are designed to meet your financial needs. Whether it’s an emergency or a planned expense, we provide the support you need. Apply now and benefit from our fast approval process, so you can focus on what matters most.
