Salary advance loans · ₹10,000 to ₹1,00,000
Your salary,
a little early.
When rent, a hospital deposit or a ticket home can’t wait for the 1st, borrow against your next pay cheque. You see the full rupee cost before you sign, and you repay once, on payday.
Soft enquiry only, so your credit score isn’t affected. Takes about two minutes.
- Decision
- ~10 min
- Tenure
- 7–40 days
- Prepayment fee
- ₹0
Lent by an RBI-registered NBFC
Key Fact Statement before you sign
3-day cooling-off
No access to contacts or photos
Data stored in India
Salary arrives once a month.
Bills don’t check the date.
Most of us run out of month before we run out of commitments. The gap is usually short, often under three weeks, and it’s exactly what a salary advance is for.
13 days covered by PaySalaryLoan. Total cost ₹4,960.
Price it yourself.
To the rupee.
The same formula runs this calculator, your Key Fact Statement and your final bill. Nothing gets added later.
- Interest1% a day, only for the days you keep it
- Processing fee10% + GST, taken from the payout
- Everything else₹0
- In your bank today
- —
- Interest
- —
- Fee + GST
- —
- APR
- —
The first
ten minutes.
What applying actually looks like, from typing your number to seeing money land.
Start now →Your number and salary
A one-time code, then your employer and take-home pay. No documents yet.
Identity, done digitally
Aadhaar eKYC by OTP and a live selfie. PAN is checked in the background.
Three months of salary credits
Shared securely through Account Aggregator. You pick the bank and approve it in your bank’s own app.
Your offer, in plain numbers
Read the Key Fact Statement, e-sign, and the lender pays into your salary account the same day.
One loan, five reasons to use it.
Same price list for all of them. Pick the page that sounds like your week.
- 01 Instant Personal Loan Unplanned bill before payday? Apply in 5 minutes and get a decision in about 10.
- 02 Emergency Loan Hospital deposit, urgent travel, a family crisis. Funds the same day, without paperwork.
- 03 Short Term Loan Borrow for 7 to 40 days and pay interest only for the days you use the money.
- 04 Loan for Low CIBIL Score Low score or no history? We look at your salary and banking, not just a number.
- 05 Salary Advance Loan Get part of next month's salary today. Repay automatically when it's credited.
Here’s the whole bill.
Before you borrow.
Short-term credit is expensive per year, and we won’t pretend otherwise. What we can do is show every line upfront, let you close early without a fee, and give you 3 days to change your mind.
Full rates and a sample Key Fact Statement →- Loan amount
- ₹20,000
- Processing fee (10%)
- −₹2,000
- GST on fee (18%)
- −₹360
- Paid to your bank
- ₹17,640
- Interest (1% × 30 days)
- +₹6,000
- Prepayment charge
- ₹0
- Hidden charges
- ₹0
- Due on day 30
- ₹26,000
- APR
- 576.61%
Repay on day 15 instead and you’d owe ₹23,000.
Who it’s for.
- Salaried, full-time at a private company, PSU or government office
- Take-home of ₹25,000+ a month, paid into a bank account
- Aged 21–55 with a PAN and an Aadhaar-linked mobile
- New to credit? Fine. We read your salary history, not just a score
Not for you yet if you’re self-employed or paid in cash.
“Salary on the 1st, Papa’s angiography deposit on the 22nd. I applied during lunch and the money was in before my shift ended. The fee was exactly what the screen said.”
Sample testimonial for layout. Replace with a verified customer story before launch.
Things we will
never do.
- Ask for money before your loan is paid out.
- Ask for your OTP, UPI PIN or card CVV on a call.
- Ask you to pay into a personal account or UPI ID.
- Read your contacts, photos or call logs.
- Call your family, friends or employer about a payment.
If someone does any of these in our name, it isn’t us. Report it on 1930 or RBI Sachet.
Asked
often.
Still unsure? Talk to a person or read every answer.
Who actually lends me the money?
Loans are sanctioned and disbursed by our lending partner, [NBFC Partner Name], a Non-Banking Financial Company registered with the Reserve Bank of India. PaySalaryLoan is the digital platform (Lending Service Provider) through which you apply. The lender's name is printed on your Key Fact Statement and loan agreement.
Who can apply?
Indian residents aged 21–55, employed full-time on a salary of at least ₹25,000 a month credited to a bank account.
What documents do I need?
Your PAN, an Aadhaar-linked mobile number for eKYC, a live selfie and your last 3 months' salary account statement. No physical documents are needed.
How much does a loan cost?
Interest is 1% per day on the principal, plus a one-time processing fee of 10% of the loan amount and 18% GST on that fee. For example, a ₹20,000 loan for 30 days costs ₹8,360 in total; you receive ₹17,640 and repay ₹26,000.
What is APR and why is it high?
APR (Annual Percentage Rate) shows the all-inclusive cost of credit as a yearly rate, as required by RBI. Short-term loans carry high APRs because fees are spread over a few days, not a year. Always compare the total rupee cost too.
How do I repay?
On the Repay page or in your account using UPI, net banking or debit card, or by auto-debit (e-NACH) from your salary account on the due date. Payments go directly to the lender.
Can I repay early?
Yes, any day. Interest is charged only for the days you used the money, and there's no foreclosure charge.
Will PaySalaryLoan ever ask for an upfront fee?
Never. The processing fee is deducted from the disbursed amount. Anyone asking you to pay before disbursal is a fraudster. Report it to 1930 or cybercrime.gov.in.