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Zype (RBI-registered NBFC and bank partners)

Zype Personal Loan

PersonalNo prepayment chargesUnsecured
  • Interest rate18% to 34%
  • Loan amount₹3,000 to ₹5 lakh
  • Tenure6 months to 3 years

Takes you straight to the application. We earn a commission if you are approved, and you pay nothing extra.

At a Glance

Interest rate
18% to 34%
Loan amount
₹3,000 to ₹5 lakh
Tenure
6 months to 3 years
Processing fee
2% to 6% of the sanctioned amount
Type
Personal
Prepayment
No charges
Min salary
₹20,000 a month
Age
21 to 50 years
CIBIL score
650+
Collateral
Not required
Offered by
Zype (RBI-registered NBFC and bank partners)

What you get

  • Personal loans from Rs 3,000 to Rs 5 lakh through the Zype app, repaid over 6 to 36 months, with approval often in about a minute. Zype (Easy Platform Services Pvt Ltd) is the platform; the loan comes from one of its RBI-registered NBFC or bank partners.

Fees and charges

  • APR 18% to 34% a year (interest plus processing and other mandatory charges), depending on your credit score, income and repayment history. Processing fee 2% to 6% of the sanctioned amount. No foreclosure charge.

Who can apply

  • Salaried individuals; the rate and limit depend on your credit score, income and repayment history.

Documents you will need

  • Digital KYC in the app; no physical documents.

How to apply

  • Download the Zype app, complete KYC, get your limit and transfer the amount you need to your bank account.

Eligibility

Minimum monthly income
₹20,000

Loan fees and charges

Processing fee
2.00% to 6.00%
Prepayment
No prepayment charges

Eligibility

Min monthly salary
₹20,000
Min age
21 years
Max age at maturity
50 years
Employment
Salaried
Min credit score
650+

Common Questions

Does applying through SkyloFin cost more?

No. You pay the same fees you would pay applying directly with Zype (RBI-registered NBFC and bank partners). We earn a commission from the bank when someone applies through our link, and that is how the site is funded.

SkyloFin is not a bank and does not approve applications. Fees, rewards and eligibility rules are set by the provider and can change without notice. Always read the terms on the provider's site before you apply.

Zype Personal LoanInterest rate: 18% to 34%
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