Personal loans, made clear.
Borrow ₹50,000 to ₹25 lakh for whatever life brings, with no collateral and a fixed monthly EMI. You see your rate, fees and total cost before you sign.
- Loan amount
- ₹50K – ₹25L
- Tenure
- 12 – 60 months
- Interest rate
- From 10.5% p.a.
- Collateral
- Not required
What is a personal loan?
A personal loan is an unsecured loan: you don't pledge property, gold or any other asset, and you don't need a guarantor. We lend based on your income and credit history.
You receive the full amount in your bank account and repay it in equal monthly instalments (EMIs) over a tenure you choose. Each EMI covers part of the principal and part of the interest, so the loan is fully repaid by the last instalment.
There are no restrictions on everyday personal use. People use Skyrise loans for weddings, medical bills, travel, home upgrades, education and to consolidate costlier debt.
✓A good fit when…
- You have a clear, one-time expense and know roughly how much you need
- Your EMIs, including this one, stay comfortably within your monthly budget
- You're replacing costlier debt, like a revolving credit card balance
!Think twice if…
- You need the money for speculative investments or trading
- A smaller amount from savings would cover it without stress
- You already have several EMIs and the new one would stretch you
One loan, shaped around your plan.
Every Skyrise personal loan has the same simple structure. Here's how people typically use it, with a sensible starting point for each.
Built to be fair and simple.
No collateral
No property, gold or guarantor. Your income and credit profile are enough.
Flexible tenure
Choose 12 to 60 months to balance EMI size against total interest.
Quick disbursal
Once verified and e-signed, funds typically reach you within 24 hours.
Minimal paperwork
PAN, Aadhaar and income proof, uploaded from your phone.
Prepay anytime
Part-prepay or close early to save interest. Terms are in your KFS upfront.
Full cost upfront
A Key Fact Statement with rate, fees and APR before you sign. No hidden charges.
Cooling-off period
Changed your mind? Exit early in the loan by repaying principal and proportionate interest.
Data kept private
Bank-grade encryption. We never sell your personal information.
Every charge, in plain sight.
Your exact rate depends on your credit profile, income and employer. All applicable charges appear in your Key Fact Statement before you accept.
| Charge | Amount |
|---|---|
| Interest rateFixed, on reducing balance | 10.5% – 24% p.a. |
| Processing feeDeducted at disbursal | To be confirmed |
| Part-prepayment charges | To be confirmed |
| Foreclosure charges | To be confirmed |
| Late payment charges | To be confirmed |
| EMI bounce charges | To be confirmed |
| Stamp duty | As per applicable state laws |
| Hidden charges | None. Ever. |
GST applies to fees and charges as per law. Rates and charges may be revised; the terms in your signed agreement apply for the life of your loan.
Representative example
How a typical loan works out, before fees.
Who can apply?
Private company, MNC, PSU or government
At the time of applying
Net take-home, credited to your bank
Preferred; we check it for free
With valid PAN and Aadhaar
What you'll need. All digital.
Upload clear photos or PDFs from your phone. No physical copies or branch visits.
Identity
- PAN card (mandatory)
- Aadhaar, linked to your mobile for e-KYC
Address
- Aadhaar (usually enough)
- Or passport, voter ID or driving licence
- Rental agreement, if your current address differs
Income
- Last 3 months' salary slips
- Last 6 months' bank statement (salary account)
Four steps, all from your phone.
Check your offer
Share a few details and see your amount, rate and EMI, with no effect on your CIBIL score.
~2 minutesVerify your details
Complete e-KYC with PAN and Aadhaar and upload your income documents.
~5 minutesReview & e-sign
Read your Key Fact Statement, then sign digitally with an Aadhaar OTP.
Same dayReceive your money
Funds go straight to your bank account. Your EMI schedule follows by email.
Within 24 hoursHow your EMI works
Your EMI stays the same every month. Early on, more of it goes towards interest; as the balance falls, more goes towards the principal.
EMIs are collected automatically from your bank account on a fixed date each month through e-NACH, so you never miss a due date. Want to repay faster? Part-prepayments reduce your principal and the interest you pay from then on.
| Year | Principal paid | Interest paid | Balance left |
|---|
Do I need collateral or a guarantor?
No. Skyrise personal loans are unsecured. We assess your application on your income, employment and credit history.
How is my interest rate decided?
Rates start from 10.5% p.a. and depend mainly on your credit score, monthly income, employer and existing obligations. Your exact rate and APR appear in your Key Fact Statement before you accept.
Is the interest rate fixed?
Yes. Your rate and EMI stay the same for the entire tenure, so you always know what's due.
How much can I borrow?
Between ₹50,000 and ₹25,00,000. Your limit depends on your income and existing EMIs. As a guide, all your EMIs together should stay under about 40% of your take-home pay.
Can I repay early?
Yes. You can part-prepay or foreclose your loan. Any applicable charges are listed in the Rates & charges table above and in your loan agreement.
What happens if I miss an EMI?
Late payment charges may apply and missed EMIs are reported to credit bureaus, which can lower your score. If you expect difficulty, call us before the due date. We'll work with you to find a way through.
Can I cancel after the loan is disbursed?
Yes. During the cooling-off period stated in your Key Fact Statement, you can exit by repaying the principal and the proportionate interest, without any penalty.
Will applying affect my credit score?
Checking your offer doesn't affect your score. A formal credit enquiry is made only when you choose to proceed with your application.
Ready to plan under clear skies?
See your personalised rate in about 2 minutes. No impact on your CIBIL score.