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Paisa247 review

Updated September 28, 2026 · SumCue Editorial Team · Facts checked September 26, 2026

We earn a commission when you sign up through links on this site. Partner status can affect where a brand appears in our rankings. Partners with a live offer in your country come first, then every other brand by score.

Our verdict

Paisa247 suits Indian borrowers who want to see personal, payday and debt consolidation offers side by side. Rates across the matched lenders run INR 9.99 to INR 44, and the platform matches borrowers with licensed lenders and RBI-regulated banks. The contract is with the provider you choose, not with Paisa247.

Key facts

Best for
Free side-by-side comparison of Indian loan and credit card offers.
APR
₹9.99 to ₹44↗
Loan amount
₹1,000 to ₹2,500,000↗
Term
6 to 60 months↗
Arrangement fee
0 INR - Paisa247 charges no fee to use the platform; lender processing fee 1-4% of loan amount↗
Credit check
Hard↗
Representative example
Borrow ₹2,00,000 over 36 months at 9.99% APR: EMI ₹6,660, total repayment ₹2,39,760↗
Lender type
Marketplace↗
Eligibility
Users must be at least 18 years old and legally allowed to enter into a contract in India↗
Origination fee (%)
₹1 to ₹4↗
Loan types
Personal, Debt-consolidation, Payday↗
Credit needed
Poor↗
Use cases
Home-improvement↗
Legal entity
Riga Marketplace Paisa247 Private Limited↗
Headquarters
India↗
Founded
2024↗
Support channels
Email, Phone, Help-centre↗
Pricing model
No annual fee
Official website
paisa247.in

Credit cards

Annual fee
₹0↗
Rewards type
None↗
Perks
Free to use, no service fees or hidden charges, Comparison platform matching users with licensed lenders and RBI-regulated banks, More than 60 personalised loan offers within 30 seconds, Compare credit cards from Indian banks alongside personal loans, Mobile app available via QR code download, Hindi language option↗

Facts checked September 26, 2026, 5 sources

Pros and cons

Pros

  • Personal, payday and debt consolidation loans sit in the same search, with home improvement a stated use
  • A large set of personalised loan offers is promised within seconds, alongside cards from Indian banks
  • Support runs on email, phone and help centre, with a mobile app and a Hindi option

Cons

  • The credit check is hard, so a search can leave a mark on your file
  • A lender processing fee of INR 1 to INR 4 of the loan amount still applies on top of the interest
  • Support runs on email, phone and help centre only, so there is no live chat channel listed
Paisa247

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Scored 8.7 / 10 by SumCue.

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Who it suits

  • Adults in India who are legally allowed to enter a contract
  • Borrowers with a weaker credit file who want several offers to compare
  • Anyone funding home improvement and weighing a longer repayment term

Who should look elsewhere

  • Readers weighing other currency markets: Cashspace lists rates of PHP 12 to PHP 36 and Sofkredit rates of 10.74% to 18.06%
  • Borrowers wanting a single lender decision, since Creduma ES works from from €12,000 rather than matching many offers
  • Anyone seeking deposit protection, since the lender kind is marketplace and the platform arranges borrowing

Deposit protection

Paisa247 is listed as a marketplace, so the loan contract sits with the bank or financial company you choose from the matches rather than with the platform. The published representative example is a personal loan repaid in monthly instalments, and it illustrates the cost of borrowing rather than any protection for money held. It sets out the instalment and the total repaid over the term, which is worth reading before you accept an offer.

The company behind it

The operator is Riga Marketplace Paisa247 Private Limited, based in India, and the business began in 2024. It describes itself as a marketplace that places borrowers with lenders rather than a bank itself. Help runs through email, phone and help centre, and the app can be installed by QR code, with a Hindi language option.

How Paisa247 compares

Where Paisa247 is available

Available
India

Countries from the brand (Source, checked September 26, 2026)

Frequently asked questions

Does Paisa247 charge a fee for using it?+

No platform fee applies for using Paisa247, and the annual fee on the credit cards compared there is INR 0. The lender you are matched with can still charge a processing fee, listed as INR 1 to INR 4 of the loan amount, so the real cost sits in the offer rather than the site.

How much can I borrow and over what term?+

Loan amounts run INR 1,000 to INR 2,500,000, with repayment terms of 6 to 60. Personal, payday and debt consolidation loans all sit behind the same search, so one comparison can cover a large planned purchase or a shorter bridge, and home improvement is a stated use.

Will applying affect my credit file?+

The credit check is hard, so a full search can leave a mark on your file, and the credit profile needed is listed as poor. That is where the matching helps, since several providers can look at the same application and you can compare what each one offers.

Who actually lends the money?+

Paisa247 is a marketplace, so the loan contract sits with whichever provider you accept an offer from. Offers come from licensed lenders and RBI-regulated banks, and the platform charges no fee for putting them in front of you.

Who is eligible to apply?+

Applicants must be adults and legally allowed to enter a contract in India, and the credit profile needed is listed as poor. That rules out anyone living outside the country, however strong their credit file happens to be.

How quickly do offers appear?+

Matching is quick, with the platform stating that a large set of personalised loan offers appears within seconds across amounts of INR 1,000 to INR 2,500,000. Credit cards from Indian banks can be compared alongside the loans, and once you accept, the pace of funding is set by the bank you choose.

Is there an app and help in Hindi?+

The mobile app is available by QR code download and a Hindi language option is offered, so the service works for borrowers who prefer not to read in English. Help runs on email, phone and help centre, which covers written and spoken questions once you have an account.

Sources

  • paisa247.in checked September 26, 2026

    Backs: Loan amount, Annual fee, APR, Founded, Pricing model, Arrangement fee, Origination fee (%), Perks, Representative example, Rewards type, Term

    “₹1,000 ... ₹ 25 Lakh”

  • paisa247.in/about-us checked September 26, 2026

    Backs: Use cases

    “Whether you're looking to consolidate debt, finance a home improvement project, or simply need some extra cash”

  • paisa247.in/faq checked September 26, 2026

    Backs: Credit needed

    “Can I apply for a Loan if I have Zero or Low CIBIL score?”

  • paisa247.in/lenders checked September 26, 2026

    Backs: Loan types

    “Discover top personal loan offers in India ... Whether you're looking to consolidate debt, finance a home improvement project, or simply need some extra cash”

  • paisa247.in/terms-and-conditions checked September 26, 2026

    Backs: Credit check, Eligibility, Headquarters, Legal entity, Lender type, Support channels

    “Paisa247 shall also run multiple credit checks to be able to get the best available offers to suit the needs of the Users”

Compiled from 5 source pages, checked September 26, 2026. We did not open an account.

Not confirmed yet: Funding time.

Paisa247

Paisa247

Free side-by-side comparison of Indian loan and credit card offers.

8.7/10Visit