PayMe - Personal loan app

PayMe - Personal loan app

Instant personal loan app

35 ratings
79 reviews
Free

Details

Released
October 31, 2017
Updated
October 9, 2026

Features

PayMe - Personal loan app screenshot #1 for iPhone
PayMe - Personal loan app screenshot #2 for iPhone
PayMe - Personal loan app screenshot #3 for iPhone
PayMe - Personal loan app screenshot #4 for iPhone
iphone
ipad
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About

This app provides instant personal loans for salaried individuals in India, with amounts ranging from Rs. 2,000 to Rs. 2 Lakh. It offers a 100% paperless process, flexible repayment options, and quick approvals, with funds disbursed directly to your bank account.

✓100% paperless process
✓Loans up to Rs. 2 Lakh
✓Flexible repayment options
✓Quick approvals
✓Collateral-free personal loans
✓Convert to EMI term loan
✓Pay rent via credit card
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What's New in PayMe

9.8.1

October 9, 2026

Bug fixes and performance improvements.

User reviews

Ay.com

this is nonsense app and is wasting of data

Very helpful

I need money in my trouble time then pay me help me in my last times
Thank you pay me

I have already repaid the whole loan in advance but they show that I have to improve my credit score

Very sad and disappointing bcoz I have already repaid my existing loan in advance to increase my credit limit, but after my payment was done, i received a sanction letter of 60 k on my email id and after sometime I received a screen msg saying you are not eligible for new loan, try after 90 days, very difficult to trust them. If I am not eligible then how the sanction letter of 60k came to my email id ??? Plz explain
This shows their incompetence and unworthy for trust ☹️if my credit score was bad then how come I was offered earlier loans ??
They will offer you loan and even get the e-sign done from you and then they will reject your application saying credit score is less and apply for credit assist, I even did that, it's only their money taking technique I guess asking for subscription to check your credit score
Pathetic service 👎
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“The worst application.”

This is the worst application I have ever used, seriously. In my entire life, I have never experienced anything worse than this.

I have taken loans from many other platforms as well, but I have never faced this kind of experience with any of them.

I took a loan from this platform and cleared the entire amount before the due date — in fact, I paid it almost a month before the due date. I had no issues with the loan itself.

But after that, they started calling me every single day asking me to take another loan. They are making around 100–200 calls a day, which is extremely irritating and disturbing.

I have repeatedly told them that I am a working person and that they should not call me so frequently because it causes problems for me at work. But they simply do not understand.

I am honestly tired of explaining this to them.

Please consider taking a loan from another platform, but I strongly recommend staying away from this one. Once you take a loan from them, they just don’t stop calling you.

They call from around 8 AM until 10 PM. Imagine receiving 100–200 calls a day just to convince you to take another loan.

This is extremely frustrating and completely unacceptable. I would not recommend this application to anyone.
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Not helpful

I have been having an issue with the app on trying to set up an auto pay but it keeps getting rejected…call their support but no help all they said it they will check with the backend team..i even tried calling my bank thinking it’s from their end but no everything is good from my bank end…even after them getting my limit upgraded they still couldn’t help in resolving the main issue of setting up a e mandate, raise a ticket twice got a call same thing please try again sometime later we will connect with the backend team and get back to you don’t worry it will get resolved but three days same issue..not something like you posted financial free but not solving issues that BS
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FAQ

What is this app?

This app is a personal loan application designed for salaried individuals in India. It allows users to apply for instant loans ranging from Rs. 2,000 to Rs. 2 Lakh with flexible repayment terms of 3 to 24 months. The process is entirely paperless, and approved loan amounts are disbursed directly to the user's bank account.

What are the key features of this loan app?

Key features include a 100% paperless application process, loan limits up to Rs. 2 Lakh, easy and flexible repayment options, quicker approvals, and no charges for foreclosure or pre-part payments. It also offers collateral-free personal loans and the ability to convert short-term loans to EMI term loans.

What is the cost of getting a loan from this app?

The app charges processing fees of up to 10% plus applicable taxes, with a minimum of Rs. 100 (+GST) and a maximum of Rs. 5,000 (+GST). The maximum Annual Percentage Rate (APR) ranges from 18% to 75%. An example calculation shows a Rs. 10,000 loan over 12 months at 24% APR incurs Rs. 1,347.15 in interest.

Who is eligible to apply for a loan?

Eligibility requires the borrower to be an Indian citizen, aged between 18 and 56 years at the time of loan application. Applicants must be salaried employees with a minimum net monthly salary of Rs. 15,000 and at least 6 months of work experience. A minimum CIBIL score of 650 is also required.

What are the common use cases for these loans?

Loans obtained through this app can be used for various purposes including education, medical emergencies, weddings, home renovations, purchasing mobile devices, covering travel expenses, paying rental deposits, and managing monthly bills. It aims to provide financial support for personal needs.