# PayMe - Personal loan app — Instant personal loan app

> Instant personal loans for salaried Indian citizens with flexible repayment. (iPhone/iPad app by Huey Tech Private Limited.)

- Source: https://appshunter.io/ios/app/payme-personal-loan-app/id1282142711 (this page in markdown: same URL + `.md`)
- Developer: [Huey Tech Private Limited](https://appshunter.io/developer/1282142230)
- Category: Finance, Business
- Price: Free
- Rating: 3.60/5 from 32 App Store ratings · 75 written reviews indexed
- Age rating: 4+
- Requires: iOS 14.3 · 104 MB
- Languages: American English, Hindi
- Released: 2017-10-31
- Data updated: 2026-08-26
- Monetization: free with in-app purchases
- User reviews in markdown: https://appshunter.io/ios/app/payme-personal-loan-app/id1282142711/reviews.md

## What is PayMe?

"For salaried only, minimum Salary INR 15000."

This, personal loan app is India’s best instant loan app for applying loan of Rs. 2000 upto Rs. 2 Lakh for a tenure of 3 months to 24 months, helping Indian citizens to get a fast loan with having the processing fees up to 10% plus applicable taxes, minimum Rs 100 (+GST) and maximum Rs 5,000 (+GST) with maximum APR ranging from 18% to 75%

For Instance: The Loan Amount: Rs 10,000, Tenure: 12 Months, APR: 24%, Interest accumulated:  Rs 1,347.15 (on reducing principal balance), EMI: Rs 945.60, Total cost of loan: Rs 11,347.15
(Loan amount would be disbursed after deducting the processing fee. The borrower pays interest only on the utilized loan amount.)

Just register on PayMe loan App and get the desired amount directly to your bank account with this instant loan app.
Exclusive features of our easy loan app: 
• 100% paperless process
• Upto Rs 2 Lakh limit.
• Easy and flexible repayment options.
• Quicker approvals and sanctioning process.
• Zero – NIL charges on foreclosure.
• Zero - NIL charges on pre-part payment.
• A collateral-free personal loan.
• Convert your short-term personal loan to an EMI term loan.
• Privilege to pay monthly rent payments via credit card.
 
Eligibility of our online loan app in India:

 • Borrower must be 18-year old or above to apply.
 
• Maximum age limit at the time of the loan is 56 years.
 
• Indian citizen.
 
• The borrower should be a salaried employee.
 
• Monthly net salary should not be less than Rs. 15,000.
 
• An individual must have a minimum work experience of 6 months

For getting your small loan online, the minimum cibil score required is 650.

Documents required at the instant loan app:
• Identity proof (Aadhar/PAN).
 
• Address proof (Aadhar/bank statements).
 
• E-sign on application with registered mobile and OTP for fast-track application.
 
  
 
How to apply on fastest instant loan app:
 
• Sign up / Register, with your mobile number or Email ID
 
• Fill in all required details: Name, Address, Bank account.
 
• Upload PAN card, identity proof, and bank statement.
 
• Get your credit limit assigned.
 
• E-sign the agreement.
 
• Sign-up for ENach/ EMandate
 
• Your loan amount will be credited instantly to your bank account on successfully completing the process.
 What’s New in our instant loan app?

PayMe - Personal Loan App Used for: 
 
 
• Education 

• Medical 
 
• Wedding 
 
• Home renovation 
 
• Buying mobile 
 
• Travel expenses 
 
• Pay your rental deposit 
 
• Monthly bills 
 
Security & Protection of Privacy 
 
 
Data security & privacy is a top priority at PayMe instant loan app. We use SHA-2 and 2,048-bit encryption (the strongest security system in the market) security and comply with the SSL certificate.
 
Download PayMe - personal loan app to get a small loan and/or instant loan now and ensure "Financial Happiness" for your family and yourself!!!
 
 
* Annual Interest Rate varies from 18% to 42%

* ScaleUp Financial Services Private Limited is a RBI registered NBFC lender to Payme.• To buy home appliances, furniture, and other items of need 

Our lending partners – 

ScaleUp Financial Services Private Limited https://scaleupfinancial.com/lsp-dla-details
Finkurve Financial Services Limited https://www.arvog.com/arvog-finance/

To know more about our privacy policy, https://www.paymeindia.in/privacy-policy

## Key features

- 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

## Recent user reviews (10 of 75)

All indexed reviews: https://appshunter.io/ios/app/payme-personal-loan-app/id1282142711/reviews.md

### 2/5 — Not helpful

*2026-07-04, version 9.7.0*

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

### 1/5 — The app blocks you after permissions. Don’t allow, don’t use app

*2026-06-17, version 9.6.9*

The app wants permission into your phone. Then, it ghosts you.

### 1/5 — Do not even go for it , I took out 17,300 and pad 23600 for 9 months

*2026-05-05, version 9.6.7*

At first it showed the loan amount as 20000, but after processing fee the amount I got in my account was just 17,300.

There is no foreclosure option for first 4 months, and very high interest rate, very high processing fee charges,I had to wait out my tenure to repay the loan in order avoid any other unnecessary expenses levied by this platform, despite all those there is 2.5 rs platform fee for every transaction, this is open looting , I am never gonna take single loan in this platform ever again,

### 1/5 — Faltu app Fake app 😡

*2026-04-30, version 9.6.7*

Fake app

### 1/5 — Repayment issue

*2026-04-12, version 9.6.6*

“I spoke with a Payme recovery agent and paid my EMI amount. They told me that the extra amount showing would be removed within 24 hours, but it has been 3 days and I haven’t received any resolution. On top of that, they are still charging daily interest even after the payment.
There is no proper contact number available—only email support, and they keep forwarding the same email again and again. There is no person to talk to, no customer executive available. This is very frustrating and helpless. I would never recommend this service.
Their executives behave poorly as well—if you don’t make the payment, they start calling your family within 2 days, and even after you pay, they don’t respond and keep adding interest. This app seems fake.”

### 1/5 — I have already repaid the whole loan in advance but still I am not eligible for a new credit line

*2026-04-06, version 9.6.6*

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 ☹️

### 1/5 — 30% Interest and Slow Service – Avoid!

*2026-04-02, version 9.6.6*

This is one of the worst loan apps I’ve ever used. The PayMe Loan App falsely claims to provide instant loans, but in reality, it takes more than a day to sanction, which is completely misleading.

Even worse, the app charges an outrageous 30% interest rate, which is nothing short of exploitation. There is no proper transparency, and the entire experience feels unreliable and untrustworthy.

I strongly advise people to stay away from this app unless you’re ready to deal with delays and extremely high charges. Very disappointing service.

### 5/5 — Thanks  payme group

*2026-02-26, version 9.6.5*

വളരെയധികം നന്ദി ഉണ്ട്

### 1/5 — Don’t waste ur time

*2026-02-20*

They steal your money

### 1/5 — Especially if you’re from middle class please don’t get into this it’s a roll over trap

*2025-12-31, version 9.6.2*

I used the PayMe app and completed my repayments as required. However, despite maintaining timely payments, the overall experience was unsatisfactory and lacked transparency.

The app promotes quick and supportive lending, but in practice, users are subjected to unclear terms, repeated follow-ups, and limited clarity on eligibility, re-loan criteria, and additional conditions. Important details are either not disclosed upfront or communicated only after payments are made, which creates confusion and stress for borrowers.

Based on my personal experience, this app does not provide the level of transparency or customer-centric support expected from a financial service, particularly for middle-class users who depend on clear communication during financial difficulty.

I would not recommend this app to anyone seeking fair and transparent lending.

## Frequently asked questions about PayMe

### 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.

## Version history (last 5 releases)

### 9.7.1 — 2026-07-13

Bug fixes and performance improvements.

### 9.7.0 — 2026-06-23

Bug fixes and performance improvements.

### 9.6.9 — 2026-05-12

Bug fixes and performance improvements.

### 9.6.8 — 2026-05-06

* Bug fixes and performance improvements.

### 9.6.7 — 2026-04-20

Bug fixes and performance improvements.

## Apps similar to PayMe

| App | Rating | Price | Category |
| --- | --- | --- | --- |
| [slice: UPI credit card & bank](https://appshunter.io/ios/app/slice-upi-credit-card-and-bank/id1123372237) | 4.2 (239) | Free | Finance |
| [CashNow-Safe Loan App](https://appshunter.io/ios/app/cashnow-safe-loan-app/id1584115206) | 4.5 (2,744) | Free | Finance |
| [Possible: Fast Cash & Credit](https://appshunter.io/ios/app/possible-fast-cash-and-credit/id1380384597) | 4.8 (134,258) | Free | Finance |
| [FloatMe: Fast Cash Advance App](https://appshunter.io/ios/app/floatme-fast-cash-advance-app/id1395667279) | 4.8 (151,690) | Free | Finance |
| [FairMoney: Save, Spend, Credit](https://appshunter.io/ios/app/fairmoney-save-spend-credit/id6456485223) | 4.6 (14,343) | Free | Finance |
| [PayPal - Pay, Send, Save](https://appshunter.io/ios/app/paypal-pay-send-save/id283646709) | 4.8 (6,298,440) | Free | Finance |

## Related topics

[brand loan](https://appshunter.io/ios/topics/brand-loan) · [kobogo](https://appshunter.io/ios/topics/kobogo) · [palmcredit plus](https://appshunter.io/ios/topics/palmcredit-plus) · [loan app without bvn](https://appshunter.io/ios/topics/loan-app-without-bvn) · [small loan amount apps](https://appshunter.io/ios/topics/small-loan-amount-apps) · [padicredit loan app](https://appshunter.io/ios/topics/padicredit-loan-app) · [stashfin loan](https://appshunter.io/ios/topics/stashfin-loan) · [primepay loan](https://appshunter.io/ios/topics/primepay-loan) · [instant loan app](https://appshunter.io/ios/topics/instant-loan-app) · [kenya loan](https://appshunter.io/ios/topics/kenya-loan) · [loan apps in uganda](https://appshunter.io/ios/topics/loan-apps-in-uganda) · [af247](https://appshunter.io/ios/topics/af247) · [logan express](https://appshunter.io/ios/topics/logan-express) · [best loan app](https://appshunter.io/ios/topics/best-loan-app) · [stashfin](https://appshunter.io/ios/topics/stashfin) · [loan base ghana](https://appshunter.io/ios/topics/loan-base-ghana) · [carbon loan app](https://appshunter.io/ios/topics/carbon-loan-app) · [muktinath faida app](https://appshunter.io/ios/topics/muktinath-faida-app) · [tala loan](https://appshunter.io/ios/topics/tala-loan) · [lone](https://appshunter.io/ios/topics/lone)

---

*Data collected daily from the US App Store and indexed by [AppsHunter](https://appshunter.io/). User reviews are verbatim App Store reviews. Ratings, prices and chart positions refresh continuously; this snapshot is from 2026-08-26.*