Fast, digital approvals
No long queues or paper forms. Complete the entire journey online and get quick decisions.
PrimeSmart Small Personal Loan
Handle life’s small expenses with a smart instant loan.
From medical bills to last–minute travel, a PrimeSmart small personal loan lets you borrow exactly what you need, when you need it – fully digital, with transparent pricing and flexible EMIs.
₹10,000 – ₹5,00,000
Loan range*
6 – 36 months
Flexible tenure
100% online
App & web journey
*Actual eligibility and limits are decided solely by PrimeSmart as per internal policies.
Small Personal Loan EMI Calculator
What is a PrimeSmart Small Personal Loan?
A PrimeSmart small personal loan is an unsecured, short–term credit option that helps you cover planned or unplanned expenses – without dipping into your savings or asking for favours.
Whether it’s a medical emergency, rent deposit, higher education payment, gadget purchase or a quick home repair, PrimeSmart gives you a convenient way to access funds with quick decisions, simple documentation and zero collateral.
Where can you use a PrimeSmart loan?
- Medical and healthcare expenses
- Education fees and upskilling courses
- Travel, holidays and family functions
- Household purchases and repairs
- Any other legitimate personal expense
Why choose PrimeSmart for small personal loans?
Built for working professionals and self–employed individuals who want speed, clarity and control.
Customisable EMIs
Choose the loan amount and tenure that keeps your monthly EMI comfortable for your budget.
No collateral required
PrimeSmart small personal loans are unsecured, so you keep your assets free.
Transparent pricing
All interest rates and charges are shared upfront – with no hidden conditions.
Multi–purpose use
Use your loan for almost any personal requirement, as per your priorities.
Digital tracking
View your EMIs, due dates and repayment history through digital channels.
Eligibility criteria
- Indian resident
- Age typically between 21 and 55 years
- Regular income (salaried or self–employed)
- Valid mobile number and email ID
- Active savings bank account in India
- Credit profile acceptable to PrimeSmart
Documents commonly required
- PAN card
- Address proof (Aadhaar card, utility bill, etc.)
- Latest salary slips or bank statements
- Recent photograph / selfie
How to apply for a small personal loan with PrimeSmart
1
Start online
Enter basic details like name, mobile number, city and income to create your profile.
2
Check your offer
View the eligible loan amount, indicative interest rate and EMI options based on your profile.
3
Upload documents
Complete KYC and income verification through secure online upload or supported methods.
4
Sign & receive funds
Review terms, e–sign the agreement and receive funds directly into your bank account.
Indicative fees & charges
The actual schedule of charges is shared by PrimeSmart before you accept the loan.
| Charge type | Details |
|---|---|
| Loan amount | From ₹10,000 up to ₹5,00,000 (subject to eligibility) |
| Interest rate | Typically ranges from 18% to 32% p.a. on a reducing balance basis |
| Processing fee | Usually a one–time fee (e.g., up to 2–3% of the loan amount) plus applicable taxes |
| Tenure | 6 to 36 months, depending on your profile and product variant |
| Late payment charges | Additional interest / fee on overdue EMIs, as per the rate communicated in the agreement |
| Foreclosure / prepayment | May be allowed with applicable charges and notice period, as per PrimeSmart policy |
Start your PrimeSmart small personal loan journey
Share a few details to check your personalised loan options with PrimeSmart. This helps you see available loan amounts and EMIs without lengthy paperwork upfront.
- Simple, guided digital application
- View key terms before you accept
- Secure handling of your information
FAQs on PrimeSmart small personal loans
It is an unsecured personal loan of a relatively smaller amount that can be used for a variety of legitimate personal purposes. You repay the loan in fixed EMIs over a tenure chosen at the time of availing the loan.
Eligibility is based on multiple parameters such as your income, employment type, credit history, existing obligations, city and other factors as per PrimeSmart’s internal credit policy and risk assessment framework.
PrimeSmart aims to keep the journey fully digital and app or web based, subject to successful KYC and verification requirements. In rare cases, additional checks may be needed.
Prepayment or foreclosure options, if available, will be detailed in your loan terms along with applicable charges. Please refer to the specific product document for clarity.
Yes, delayed or missed EMIs may be reported to credit bureaus and can negatively impact your credit score. It is important to pay EMIs on or before the due date to maintain a healthy credit profile.