If you are looking for a quick personal loan online, Kissht Personal Loan is one digital lending option available to eligible borrowers in India. Kissht provides an online application process, digital KYC and personal loans for both salaried and self-employed applicants. According to its current official information, personal loans can range from ₹10,000 to ₹5 lakh, with repayment periods of 6 to 60 months.
However, the actual loan amount, interest rate, processing charges and repayment terms offered to you can depend on your credit profile, income, loan amount and lender’s assessment. Therefore, applicants should check the final loan agreement carefully before accepting an offer.
What Is Kissht Personal Loan?
Kissht is a digital lending platform operated by OnEMI Technology Solutions Limited. It facilitates personal and business loans through digital processing and lending partners. The platform says that eligible borrowers can complete the application and KYC process online without visiting a branch.
A personal loan is generally an unsecured loan, meaning you do not normally need to pledge property or another asset as collateral. You can use the money for purposes such as medical expenses, education, travel, home repairs, weddings or debt consolidation, subject to the applicable lender’s terms.
Kissht Personal Loan Highlights
| Feature | Details |
|---|---|
| Loan Amount | ₹10,000 to ₹5,00,000 |
| Interest Rate | Starting from 1% per month |
| Tenure | 6 to 60 months |
| Processing | Digital application |
| KYC | Digital PAN & Aadhaar verification |
| Applicant Type | Salaried & self-employed |
| Disbursal | Directly to eligible borrower’s bank account |
| Application | Online |
The figures above are indicative/current platform information. Your personalised offer can be different depending on eligibility and the lender’s assessment.
Kissht Personal Loan Interest Rate
Kissht currently advertises personal-loan interest rates starting from 1% per month. Its app listing also shows an APR range of 17%–45%, while the final rate depends on factors such as the applicant’s credit profile, income, loan amount and tenure.
For this reason, borrowers should not assume that every applicant will receive the starting rate.
Before accepting a loan, check:
- Annual interest rate
- APR
- Processing fee
- GST and other applicable charges
- EMI amount
- Total repayment amount
- Late-payment charges
- Prepayment or foreclosure conditions
Example of Loan Cost
Kissht’s current app listing provides an example of a ₹1,25,000 unsecured personal loan for 24 months at 33% annual interest. The example shows a processing fee including GST of ₹8,850, EMI of ₹7,184 and total repayment of ₹1,72,416. This is only an example and not a guaranteed offer for every borrower.
How Much Personal Loan Can You Get?
The current Kissht platform advertises personal loans up to ₹5 lakh. The amount you actually receive depends on your eligibility and credit assessment.
Lenders may consider factors such as:
- Monthly income
- Employment or business stability
- Credit history
- Existing loans and EMIs
- Credit utilisation
- Requested loan amount
- Repayment capacity
A stronger credit profile can improve the possibility of receiving better loan terms, although approval is never guaranteed.
Kissht Personal Loan Eligibility
Kissht’s current information indicates that applicants can include salaried employees, self-employed individuals, small-business owners and MSMEs. Its ₹5 lakh personal-loan eligibility page lists Indian citizenship and an age range of 21 to 60 years, along with basic KYC documents.
Common eligibility factors include:
- You should meet the applicable age requirement.
- You should be an Indian citizen/resident as required by the lending partner.
- You should have a valid PAN card.
- You should have Aadhaar or another accepted KYC document.
- You should have sufficient income or repayment capacity.
- Your credit profile may be considered during assessment.
Eligibility requirements can vary by loan amount and lending partner, so always check the offer shown in the app before proceeding.
Documents Required for Kissht Personal Loan
For digital verification, Kissht lists documents/information such as:
- PAN Card
- Aadhaar Card
- Selfie
- Mobile number
- Bank account details
- Employment or income information, where required
Income proof may be requested for certain higher-value loans depending on the borrower’s credit profile.
How to Apply for Kissht Personal Loan Online?
The application process is primarily digital.
Step 1: Download the Kissht App
Install the official Kissht application and register using your mobile number. The app is available through the Google Play Store and Apple App Store.
Step 2: Enter Your Basic Details
Provide information such as your name, date of birth, address and employment details as requested.
Step 3: Complete Digital KYC
Complete the digital verification process using your PAN and Aadhaar details. Kissht says its application process uses digital KYC.
Step 4: Check Your Loan Offer
After eligibility assessment, you may see an available loan amount, interest rate, tenure and other charges.
Step 5: Read the Loan Agreement
Before accepting the loan, carefully check the lender’s name, APR, processing fee, EMI, total repayment amount and other terms.
Step 6: Complete the Agreement
If you are satisfied with the offer, complete the required digital agreement and provide your bank details.
Step 7: Receive the Loan Amount
After approval and completion of the required formalities, the approved amount can be transferred to your bank account.
Kissht Personal Loan EMI
Your EMI depends mainly on:
- Loan amount
- Interest rate
- Repayment tenure
For example, increasing the tenure can reduce the monthly EMI but may increase the total interest paid over the life of the loan.
Kissht also provides a personal-loan EMI calculator where borrowers can enter the principal, annual interest rate and tenure to estimate their EMI.
Benefits of Kissht Personal Loan
1. Online Application
The application can be completed digitally, reducing the need for a traditional branch visit.
2. Flexible Loan Amounts
The platform currently lists personal loans from ₹10,000 up to ₹5 lakh, subject to eligibility.
3. Flexible Repayment Period
Current platform information lists repayment periods of up to 60 months.
4. Digital KYC
Applicants can complete PAN and Aadhaar verification digitally.
5. Multiple Uses
A personal loan can potentially be used for various personal expenses, depending on the lender’s terms.
Things to Check Before Taking a Kissht Loan
An instant loan can be convenient, but borrowers should not focus only on how quickly the money is available.
Before accepting the loan, compare:
- Interest rate and APR
- Processing charges
- GST and other fees
- EMI
- Total repayment amount
- Late-payment charges
- Foreclosure/prepayment terms
- Lender/NBFC details
- Loan agreement
Kissht states that it works with RBI-registered NBFC partners, and its app listing identifies lending partners including Si Creva Capital Services, MAS Financial Services, Northern Arc Capital, Piramal Capital & Housing Finance and SMFG India Credit.
Is Kissht Personal Loan Safe?
Kissht says that it follows digital-lending processes and works with RBI-registered NBFC partners. However, borrowers should independently verify the actual lender named in their loan agreement and understand all charges before accepting a loan.
Never share your OTP, UPI PIN, ATM PIN or banking password with another person claiming to arrange a loan.
Also, make payments only through the official payment channels specified in your loan agreement or official app. Kissht says payments are collected through its app or website rather than personal accounts.
Advantages and Disadvantages
Advantages
- Digital application process
- Loans available for eligible salaried and self-employed applicants
- Loan amounts up to ₹5 lakh
- Digital KYC
- Flexible tenure options
- Direct bank-account disbursal after approval
Disadvantages
- Interest rates can vary significantly by borrower
- Processing fees and other charges can increase the overall cost
- Approval is not guaranteed
- The final loan amount depends on eligibility
- Short-term borrowing can become expensive if the total cost is not checked carefully
Who Should Consider a Kissht Personal Loan?
Kissht may be worth considering if you need a relatively small personal loan and prefer a digital application process. It can also be useful for borrowers who want to compare an online loan offer with other available credit options.
However, if you have access to a bank personal loan at a substantially lower interest rate, compare the total cost of borrowing, not just the speed of approval.
Frequently Asked Questions
What is the maximum Kissht Personal Loan amount?
Kissht currently lists personal loans of up to ₹5 lakh, subject to eligibility and the applicable lender’s assessment.
What is the minimum loan amount?
The current Kissht personal-loan page lists a minimum amount of ₹10,000.
What is the interest rate on a Kissht Personal Loan?
Kissht currently advertises rates starting from 1% per month. The actual rate offered can vary according to the borrower’s profile and lender assessment.
What is the repayment tenure?
Current platform information lists a tenure of 6 to 60 months for personal loans.
Can self-employed people apply?
Yes. Kissht says its personal-loan offerings are available to eligible salaried and self-employed individuals.
Is PAN required?
PAN is among the documents used for digital KYC according to Kissht’s current eligibility information.
Can I use a Kissht Personal Loan for an emergency?
A personal loan can be used for various personal needs, including emergencies, subject to the applicable loan terms and approval.
RBI Digital Lending Guidelines
Final Verdict
Kissht Personal Loan can be an option for borrowers looking for a digital personal-loan application with loan amounts currently advertised up to ₹5 lakh. The platform offers online processing, digital KYC and flexible repayment options.
However, the most important factor is the actual cost of the loan offered to you. Before accepting an offer, compare the interest rate, APR, processing fee, EMI and total repayment amount with other banks and NBFCs. A fast loan is useful only when the repayment cost fits comfortably within your monthly budget.
Disclaimer: This article is for informational purposes only. Loan approval, interest rates, fees, tenure and other terms are subject to the lender’s policies and the applicant’s eligibility. Always read the official loan agreement before accepting credit.