As the leading smartphone brand, Xiaomi announced personal loan app MI Credit to its user to get instant personal loans, after a few days the fourth biggest smartphone brands in India, Realme surprised everyone with their credit lending app  for Indian users. The company has named it as Realme PaySa which has collaborated with EarlySalary to offer personal loans. Realme currently provides 4 products personal and business loans, free credit report, mobile screen protection insurance (only for realme phones) and other services.

Features and Benefits of Realme PaySa App

  • Instant Personal Loan: A user can get an instant loan up to Rs 1 lakh by uploading the KYC documents and a selfie within a few minutes.

  • Loans for Various Needs: Since there is no cap on the end use of Realme PaySa personal loan, an individual can use these funds for shopping, travel, education, medical expenses, and much more. Besides this, the company is looking to provide quick business loans to its users in the future.

  • Free Credit Report: The smart-phone manufacturer claims that the Realme PaySa will provide up to 3 credit reports for free. Not just it will give you a detailed analysis of your credit history, repayment status, and analysis of your financial health, but it will also provide useful tips to improve your credit score to make you a creditworthy person in the future.

  • Mobile Screen Insurance: Both new and old smartphone users can benefit from the Realme mobile screen insurance up to 2 times a year. To get the benefit of mobile screen insurance, the users need to register themselves on the app.

Realme PaySa Personal Loan Interest Rate, Processing Fee, And the Loan Tenure

Lenders Name

Realme PaySa

Interest Rate

24 - 30%

Processing Fee


Loan Amount

Rs 8,000 to Rs 10,00,000

Loan tenure

Up 3 to 60 months

Read More: Best Personal Loan Apps in India


Eligibility Criteria to Avail Realme PaySa Personal Loan

  • The age of the applicant should be above 18 years.
  • The applicant should be a salaried person with a steady income.
  • The minimum salary of an applicant living in Bangalore/Chennai/Delhi NCR/Hyderabad & Secunderabad/Kolkata/Mumbai/Pune should be Rs 18,000. For other cities in India, the minimum salary requirement is Rs 15,000.
  • The applicant should be a resident of India.

Documents Required for Realme PaySa Personal Loan

  • A selfie
  • PAN card
  • Address ID proof
  • Aadhar card
  • Latest bank statement.

Realme PaySa EMI Calcualtion

The app offers a credit line and charges interest only on the amount that a user spends. Suppose you have a credit line of Rs 50,000 and you use only Rs 20,000 out of it, then the interest will be charged on the used amount. To know more about the EMI calculation, use an online EMI calculator or take a look at the table below.


Details Required to Calculate EMI

Loan amount

Rs 20,000

Interest Rate



6 months

Details of Interest, Total Amount and Monthly Installments








Rs 3,131

Rs 500

Rs 3,631

Rs 16,869



Rs 3,209

Rs 422

Rs 3,631

Rs 13,660



Rs 3,290

Rs 341

Rs 3,631

Rs 10,370



Rs 3,372

Rs 259

Rs 3,631

Rs 6,998



Rs 3,372

Rs 175

Rs 3,631

Rs 3,542



Rs 3,456

Rs 89

Rs 3,631

Rs 0


How to Use Realme PaySa App

  1. Install the Paysa app on your device.
  2. Register via your mobile number/ Email ID or Social Login including Google, Facebook, or LinkedIn.
  3. Click on ‘Loan’ section and select ‘Salaried’ for personal loan.
  4. Fill the form by entering your basic details including your desired loan amount & repayment tenure.
  5. Check your eligibility by entering your net monthly income details.
  6. Upload your KYC documents – selfie, ID, Aadhar card & PAN card.
  7. Select the loan product and enter your personal loan requirement.
  8. As per your eligibility criteria, the bank will disburse money in your account within a few minutes.

Realme PaySa Customer Care

If you face any difficulty using the app, you can reach out to the customer care via the following methods.

Customer Service Email:

Call Centre:  022-62661966

Registered Address: Embassy 247, Unit No.901, 9th Floor, B-Wing, Hindustan Bus Stop, LBS Road, Vikhroli West, Mumbai, MH 400 083

How to Apply for PaySa Personal Loan at Afinoz?

You can easily apply for a PaySa personal loan at Afinoz. It is a financial platform who has tie-ups with various lenders that provide short term loans purely based on the customer persona and KYC documents.

Here are a few simple steps for applying for an easy loan:



Q1What is the minimum time needed to process a personal loan application via PaySa app?
As you upload your selfie, KYC documents, and income details, the bank will transfer money into your account within a few minutes.
Q2How can I track my loan application?
The app will notify you about your loan status. Once your loan gets approved, you will get a notification from their side.
Q3What is the minimum amount can be taken from PaySa?
The minimum amount of Rs 8,000 via using this app.
Q4How a user can repay the loan?
The borrower can repay the loan via PaySa.
Q5What is the maximum amount that can be taken from realme PaySa?
The borrower can borrow up to Rs 10 lakh via PaySa app.
Q6Is Realme PaySa secure?
The app completely takes care of your security and privacy. Hence, there is no need to worry.