How It Works

Read the detailed information carefully. We believe in 100% transparency.

Get Your Loan in 4 Simple Steps

Getting a loan with PayKare is entirely paperless and takes only a few minutes. Here is how you can get funds directly into your bank account:

Step 1: Sign Up & Check Eligibility

Register using your mobile number (OTP verified). Enter your basic details and PAN number to instantly check your pre-approved loan limit.

Step 2: Paperless KYC

Verify your identity digitally using Aadhaar (via UIDAI/DigiLocker). No physical document upload is required in most cases.

Step 3: Choose Your Loan & EMI

Select the loan amount and repayment tenure that suits your budget. Review the Key Fact Statement (KFS) carefully before accepting the loan offer.

Step 4: E-Mandate & Disbursal

Set up an auto-debit (e-NACH/Mandate) for your EMIs and digitally sign the agreement (E-Sign). The loan amount will be credited to your bank account within minutes.