Paisa 108 : Personal Loan App

Paisa 108 Personal Loan App makes credit fast, easy, and hassle-free! Apply digitally and get instant loan approvals with a 100% online process.

👉 Please note: Paisa 108 is a digital platform (Lending Service Provider – LSP). All loans are sanctioned and disbursed solely by our RBI-registered NBFC partner, SIDDHI TRADERS PRIVATE LIMITED.

Our Lending Partner
SIDDHI TRADERS PRIVATE LIMITED (https://siddhitpl.com/)


What We Offer (through SIDDHI TRADERS PRIVATE LIMITED)
✅ Loan Amount: ₹5,000 – ₹2,00,000 (sanctioned by SIDDHI TRADERS PRIVATE LIMITED, RBI-registered NBFC)
✅ Interest Rates: 12% – 32.5% per annum
✅ Loan Tenure: 6 – 60 months
✅ Processing Fee: Up to 5.1% of the principal amount + GST
✅ Quick & Direct Transfer: Funds disbursed by our NBFC partner directly to your bank account
✅ No Collateral Required: Get a loan without pledging any security
✅ Foreclosure & Part-Prepayment Available
✅ Maximum APR – 30.15%

Eligibility Criteria
✔ Indian Citizen
✔ Minimum Age: 22 years
✔ Minimum Monthly Personal Income: ₹20,000
✔ Monthly Household Income: ₹25,000+
✔ Valid Identity & Address Proof (Govt. Approved)
✔ Aadhaar-linked Mobile Number
✔ Salaried Employee with Permanent/Regular Status
✔ At least 2 Months Work Experience in Current Company (for Salaried Employees)

Documents Required
📜 PAN Card
💰 Income Proof (Bank Statements Reflecting Monthly Income)

Example of How a Loan Works (Illustrative)
💡 Loan sanctioned by SIDDHI TRADERS PRIVATE LIMITED: ₹2,00,000 for 3 years
💰 Processing Fee: ₹8,260 (3.5% + GST + ₹500 Stamp Duty)
📉 Interest Rate: 24% p.a. (on reducing principal balance)
💳 EMI: ₹8,020 per month
📊 Total Payable: ₹2,88,720
📌 Total Interest Paid: ₹80,460
📈 Annual Percentage Rate (APR): 30.15%

Fees & Charges (as applied by NBFC partner)
💳 Foreclosure Charges: 4% of Principal Outstanding* + GST
💰 Part-Prepayment Charges: 4% of Principal Prepaid* + GST
⚠ EMI Bounce Charge (1st Day): 4% of Principal Overdue* or ₹500 (whichever is lower)
📌 Penal Charges (2-180 Days): 36% p.a. on Principal Overdue (+ GST if applicable)
🔹 *Rounded to the nearest rupee

How to Apply for a Personal Loan on Paisa 108 Personal Loan App
1️⃣ Download the Paisa 108 Personal Loan App
2️⃣ Sign up & Complete Your Profile
3️⃣ Upload Required Documents (Bank Statement, etc.)
4️⃣ Select Loan Amount & Tenure
5️⃣ Receive Cash in Your Bank Account (disbursed directly by SIDDHI TRADERS PRIVATE LIMITED)

Our Policies
Privacy Policy: https://paisa108.com/privacy-policy
Terms and Conditions: https://www.paisa108.com/terms-and-condition
Privacy Policy of SIDDHI TRADERS PRIVATE LIMITED (NBFC): https://siddhitpl.com/privacy-policy/
Account Deletion: https://www.paisa108.com/account-deletion

Application Requirements
📱 Mobile Number
📧 Email
👤 Full Name
📅 Date of Birth & Gender
📇 PAN Card
🏢 Employment Type & Company Name
💵 Monthly Income
🏠 Address Proof (Permanent & Current Address)
📷 Selfie
📄 Bank Statement & Employment Proof (Salary Slip / Office ID / UAN – for Salaried Employees)
📞 Reference Contact
🏦 Disbursement Bank Account Details
🔄 eNACH / UPI e-Mandate

Why Choose Paisa 108?
✔ Fast & Easy Loan Application
✔ Completely Digital Process
✔ Quick Loan Approval
✔ Instant Loan Disbursal by our NBFC partner
✔ No Hidden Charges
✔ Partnered with RBI-Registered NBFC (SIDDHI TRADERS PRIVATE LIMITED)

Paisa 108 is a Loan Service Provider (LSP) and does not provide loans directly.
All loans are sanctioned and disbursed by our RBI-registered NBFC partner
SIDDHI TRADERS PRIVATE LIMITED.

📲 Download the Paisa 108 : Personal Loan App Now & Apply Instantly! 🚀