PaySense Review — Rates, Eligibility & Safety Check
Last verified: pending first manual verification
Some figures below are pending our manual verification cycle — treat them as indicative bands until marked verified.
OperatorPaySense Services India Private Limited
Regulated entity behind the appPayU Finance India Private Limited and partner lenders [VERIFY current partner list]
Websitehttps://www.gopaysense.com
Products & pricing bands
| Tier | Ticket | Tenure | Rate band | Processing fee | APR band | Disbursal | Min income |
|---|---|---|---|---|---|---|---|
| T3 | ₹5,000 – ₹5,00,000 | 90 – 1825 days | 16% p.a. – 36% p.a. | 1.5% – 2.5% + GST | see KFS | varies | ₹12,000 |
Works well
- Backed by the PayU group with an RBI-registered group NBFC on many loans
- Considers first-time borrowers with limited credit history
- EMI products with doorstep document pickup historically available in some cities [VERIFY]
Watch out
- Rates for average profiles cluster toward the higher end of its band
- Brand has been progressively folded into the wider PayU/LazyPay stack — verify which entity and app you are actually contracting with
- Advance EMI/holding structures (where offered) change the effective cost — check the KFS APR
Safety checklist
| Names its NBFC partner publicly | ✅ yes |
| Key Fact Statement available | — pending verification |
| Avoids contacts/media permissions | — pending verification |
| Grievance officer named | ✅ yes |
What borrowers complain about
Public reviews mention rejected applications after document submission, NOC/closure-update delays, and collection calls on overdue accounts — a pattern profile typical of mid-size EMI lenders. Not independently verified.
Compare before you commit
Checking offers on KredBaba shows you how PaySense-class pricing stacks against every other matching lender — with a soft pull, zero CIBIL impact.
See all my offers