Looking for an instant personal loan? We’ve got you covered!
No Documentation Required, Fully Digital. Interest rates starting at 14%. Fulfill your cash needs today.
No Documentation Required, Fully Digital. Interest rates starting at 14%. Fulfill your cash needs today.
Choose your convenient repayment term from our wide range of EMI plans
You can close your EMI without having to pay any additional fees
Yes, you read that right! We don’t need any extra documents from you.
You don’t have to pay any additional application charges. No strings attached
*Note* ZestMoney offers instant personal loan exclusively to consumers with a ZestMoney credit limit! If you don’t have a credit limit, no problem. Sign up today!
Signing up for a ZestMoney credit limit is very simple. Just verify your mobile number and you’re good to go!
Complete your profile, submit the required KYC documents and set up your repayment to activate your credit limit.
You can utilise your credit limit to shop at any of our 1000+ merchant partners.
Once you shop with any of our merchant partners and make consistent repayments, you will be eligible to avail an instant loan through our platform.
Once you’re eligible, you avail a personal loan without submitting any additional documents.
How can you avail personal loan through ZestMoney?
ZestMoney facilitates personal loans through its lending partners to select customers based on different factors like good repayment behavior etc. The loan tenure can vary from 3 months to 24 Months (Zero prepayment fees)
Example of the loan calculations:
Loan amount = ₹1,00,000
Tenure = 12 months
IRR = 22%
EMI = ₹9,359
Processing Fees Including GST = ₹4,000
Total Interest Payable: ₹9,359 x 12 months – ₹1,00,000 Principal = ₹12,313
Total amount payable in 12 months = ₹1,16,313
Total cost of loan = Interest Amount + Processing Fees = ₹12,313 + ₹4,000 = ₹16,313
Flat Interest = 12.3% (~1.03% per month)
Maximum Annual Percentage Rate (APR) = ~40%
Responsible Lending:
ZestMoney has partnered with RBI-Authorised NBFCs and Banks. List of our lending partners:
Aditya Birla Finance Limited, Credit Saison, IIFL, Hero FinCorp Limited, INCRED, MONEYWISE, FINANCIAL SERVICES PVT. LTD., Piramal Capital, CSB Bank, NAHAR, Edelweiss, DMI Finance, SBM Bank
Upgrade your lifestyle with our personal loan!
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